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FIGSFIGS, Inc.Sell6.7·$14.10

FIGS (FIGS) Q2 2026 earnings — TrendMatrix coverage

BEAT+66.9% vs estimateEPS $0.11 vs $0.07 estVerdict Sell → Buy (Wait)

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

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.

Report record · Q2 2026

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.

Current read · as of 2026-10-07

Where TrendMatrix's rating stands now

TrendMatrix currently rates FIGS Sell at 6.7/10.

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
  • Sector modifier (Consumer Cyclical): -1.5
  • Reward/Risk 1.0:1 at current price — below 1.5:1 minimum

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.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$14.10
Price target
$16.20
Stop
$13.11
Upside to target
+14.9%
Reward-to-risk
1.0:1

At 42.7× trailing and 37.0× forward earnings, consensus estimates imply little change in earnings power.

Model outputs from TrendMatrix’s engine as of 2026-10-07 — shown for context, not personalized investment advice.

Consumer Cyclical context

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
$2.34B
P/E (fwd)
37.0
P/E (ttm)
42.7
52-week range
$6.77–$17.48
Off 52-week high
19.3%
RSI (14)
62
Volume vs avg
1.45×
Score today
6.7/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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