FIGS (FIGS) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.11
- Estimate
- $0.07
- Surprise
- +66.9%
- Revenue (period 2026-06-30)
- $196.6M
- Score at report (before → after)
- 6.4 → 6.4/10
Revenue source: xbrl.
How the report landed
FIGS (FIGS) beat the $0.07 estimate with adjusted EPS of $0.11 — a large 66.9% upside surprise. TrendMatrix's engine moved from Sell (6.4/10) to Buy (Wait) at 6.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates FIGS Sell at 6.3/10.
3 of the last 4 quarters beat the estimate; this quarter's +66.9% surprise compares with a +176.9% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.3 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Product: core scrubwear styles
- Analyst target reached - limited upside remaining
- Near 52-week high (2.9% away)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $20.25
- Stop
- $18.83
At 63.1× trailing and 54.4× forward earnings, consensus estimates imply little change in earnings power.
Risk check: RSI 86 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-27 — shown for context, not personalized investment advice.
FIGS at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Apparel Manufacturing
- Market cap
- $3.46B
- P/E (fwd)
- 54.4
- P/E (ttm)
- 63.1
- 52-week range
- $7.21–$20.86
- Off 52-week high
- 2.9%
- RSI (14)
- 86
- Volume vs avg
- 0.04×
- Score today
- 6.3/10