FIGS, Inc. announced strong second quarter 2025 financial results, with net revenues increasing 5.8% year-over-year to $152.6 million, marking the largest revenue quarter in the company's history. Scrubwear net revenues rose 7.7% to $127.4 million, and international net revenues grew 19.8% to $22.7 million. The company reported a net income of $7.1 million, or $0.04 diluted earnings per share, significantly up from $1.1 million in Q2 2024.
Adjusted EBITDA increased by $6.8 million year-over-year to $19.7 million, resulting in an adjusted EBITDA margin of 12.9%, compared to 9.0% in the same period last year. Active customers grew 4.1% to 2.74 million, and average order value (AOV) increased 3.5% to $117. These results were driven by increased orders from new and existing customers and higher average order value.
In response to the strong performance, FIGS raised its full-year 2025 financial outlook. The company now expects net revenues growth to be up in the low-single-digits year-over-year, a significant improvement from the previous guidance of down low-single-digits. The adjusted EBITDA margin outlook was also raised to a range of 8.5% to 9.0%, up from the prior range of 7.5% to 8.5%.
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