FIGS, Inc.

FIGS, Inc. (NYSE: FIGS) operates as a founder-led, direct-to-consumer healthcare apparel and lifestyle brand dedicated to celebrating, empowering and serving healthcare professionals worldwide. The company's website is located at www.figs.com.

FIGS designs and sells technically advanced apparel and products purposefully engineered for the needs of healthcare professionals, including scrubwear, non-scrubwear such as outerwear, underscrubs, footwear, compression socks, lab coats, and loungewear. The company primarily designs all products in-house and leverages third-party suppliers and manufacturers globally to produce components and finished goods. Core scrubwear styles represented over 60 percent of net revenues in 2025, reflecting the largely non-discretionary, replenishment-driven nature of the scrubs market.

The company operates through multiple distribution channels. Its direct-to-consumer digital platform includes a website and mobile app, complemented by a business-to-business offering called TEAMS that serves institutional customers. FIGS also operates five physical retail locations called Community Hubs, with plans for additional expansion. As of December 31, 2025, the company served approximately 2.9 million active customers and employed 388 team members, predominantly based in the United States with additional staff in Canada.

FIGS differentiates itself through proprietary FIONx fabric technology featuring four-way stretch, anti-odor, anti-wrinkle and moisture-wicking properties. The company maintains a dynamic merchandising model anchored by 17 core scrubwear styles offered year-round in 10 core colors, supplemented by limited edition offerings that drive recurring customer engagement. The company's competitive advantages include its authentic, category-defining brand built through community engagement, an Ambassador Program connecting hundreds of healthcare professionals, industry-leading product innovation rooted in Technical Comfort principles, and a digitally native direct-to-consumer strategy providing valuable real-time customer data.

FIGS operates a diversified global supply chain with ethical sourcing practices, requiring all apparel suppliers to maintain WRAP certification. The company distributes products from a fulfillment center in Goodyear, Arizona, which includes an in-house embroidery workshop. FIGS also operates the Threads for Threads initiative, having donated over one million scrubs to healthcare professionals in need across 85 countries, and established the FIGS Awesome Humans Foundation to support healthcare professionals through direct assistance, scholarships, and advocacy efforts.