FIGS, Inc. (FIGS) company profile
Close on Nov 13, 2026Market cap $3.66BP/E 58.0Yield –
About FIGS
Apparel & Other Finishd Prods of Fabrics & Similar Matl, SIC 2300
FIGS is a direct-to-consumer healthcare apparel and lifestyle company that designs and sells medical uniforms and related products. Its primary offerings consist of scrubwear alongside non-scrubwear items, including lab coats, underscrubs, outerwear, compression socks, footwear, loungewear, and accessories. The company serves healthcare professionals across diverse medical disciplines, such as nurses, physicians, dental practitioners, and therapists, primarily through its digital website and mobile application, as well as institutional clients via its dedicated business-to-business platform.
The company operates five physical retail locations known as Community Hubs and ships its merchandise to multiple countries across North America, Central America, South America, Europe, Asia, and the Middle East. It also operates a third-party leased distribution facility in Goodyear, Arizona, which houses an embroidery workshop. FIGS is headquartered in Santa Monica, California, and employed 388 team members across its corporate, retail, logistics, and remote settings as of December 31, 2025.
Summary of the business section of FIGS's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FIGS, Inc.
- Founded
- 2013
- Headquarters
- Santa Monica, CA
- Address
- 2834 Colorado Avenue, Suite 400 90404
- Phone
- (420) 500-8209
- Website
- www.wearfigs.com
- Employees
- 388, Dec 31, 2025
- Industry
- Apparel & Other Finishd Prods of Fabrics & Similar Matl
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Los Angeles, California
Stock & identifiers
- Ticker
- FIGS
- Exchange
- NYSE
- IPO date
- May 28, 2021
- Shares outstanding
- 166M, Jul 30, 2026
- Public float
- $512.51M, Jun 30, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1846576
- CUSIP
- 30260D103
- ISIN
- US30260D1037
- FIGI
- BBG004SK5VL9
- Share class FIGI
- BBG004SK5VM8
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Catherine Eva Spear | Chief Executive Officer, Director | 7,938,229 |
| Heather L. Hasson | Executive Chairman, Director | 4,182,858 |
| Sarah Oughtred | Chief Financial Officer | 954,007 |
| Melanie Anya Whelan | Director | 55,683 |
| Sheila Antrum | Director | 115,663 |
| John Martin Willhite | Director | 3,263,095 |
| Hsiao Yueh Jao | Director | 97,719 |
| Jeffrey A. Wilke | Director | 227,577 |
| Mario Jesus Marte | Director | 86,046 |
| Kenneth Jian-Hong Lin | Director | 161,705 |
| Alan G. Lafley | Director | 188,034 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $8.21M | $21.59M | $5.36M | $38 | $44 |
| FY2024 | $4.97M | $1.32M | $1.75M | $21 | $45 |
| FY2023 | $8.39M | $8.73M | $2.42M | $23 | $48 |
| FY2022 Catherine Spear | $1.04M | -$170.95M | $518.00K | $22 | $50 |
| FY2022 Heather Hasson | $25.52M | -$19.99M | $518.00K | $22 | $50 |
| FY2021 | $13.03M | $290.15M | $13.84M | $92 | $91 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Option awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|---|
| Catherine Spear Chief Executive Officer | $1.00M | $1.00M | $4.06M | $631.89K | $1.50M | $20.73K | $8.21M | +65% |
| Heather Hasson Executive Chairman | – | – | $6.28M | $1.80M | – | $30 | $8.08M | +19248164% |
| Sarah Oughtred Chief Financial Officer | $502.87K | $149.12K | $1.54M | – | $447.36K | – | $2.64M | -40% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- May 28, 2021
- Offer price
- $22.00
- Securities offered
- 26,386,363
- Gross proceeds
- $580.50M
- Exchange
- NYSE
- First trading day
- May 27, 2021
- First-day close
- $30.02+36.5%
- Lock-up ends (est.)
- Nov 23, 2021
“The initial public offering price per share is $22.00.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 388 total team members, including 382 in the United States across our Santa Monica, California headquarters, our Goodyear, Arizona fulfillment center location, our Community Hubs, and remote locations, and 6 employees in Canada.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 28, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| May 27, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
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