Breaking
FIGS posts record 2025 revenue of $631.1M, up 13.6% ~2.9 million active customers worldwide Q4 2025 net revenue $201.9M, up 33% International revenue up 27.5% year over year Rejected ~$1B take-private bid in January 2025 Launched the Awesome Humans Foundation FIGS posts record 2025 revenue of $631.1M, up 13.6% ~2.9 million active customers worldwide Q4 2025 net revenue $201.9M, up 33% International revenue up 27.5% year over year Rejected ~$1B take-private bid in January 2025 Launched the Awesome Humans Foundation
Company Profile Healthcare Apparel Est. 2013 · Santa Monica, CA

FIGS

The direct-to-consumer brand that reengineered the medical scrub - and built a $631 million business around the people who care for us.

NYSE: FIGS Revenue $631.1M Team ~310 Founders Hasson & Spear
FIGS healthcare apparel - scrubs by FIGS
FIGS, in the field. Scrubs built from the brand's proprietary FIONx fabric - four-way stretch, moisture-wicking, antimicrobial. The uniform of roughly 2.9 million healthcare workers.
$0M
2025 Revenue
0M
Active Customers
2013
Founded
35+
Countries Given To
01

Branding an unbranded industry

For two centuries, the medical scrub was an afterthought - boxy, itchy, disposable in spirit if not in fact, and stamped with someone else's logo or no logo at all. The people who wore them for fourteen hours at a stretch had accepted that the worst-designed clothing in the hospital would be theirs. FIGS was built on a simple observation: companies like Nike, Under Armour and Lululemon obsess over what athletes wear, yet nobody was making performance apparel for the professionals who keep the rest of us alive.

Founded in 2013 in Los Angeles by Heather Hasson and Trina Spear, FIGS designs and sells scrubs, lab coats, footwear and lifestyle apparel almost entirely online. It is a healthcare lifestyle brand as much as a uniform maker - one that calls its customers "awesome humans" and has spent a decade turning a commodity category into something with taste, technology and a following.

We've branded an unbranded industry.
- Trina Spear & Heather Hasson, co-founders

The problem it solves

Comfort and function over a long shift used to be a luxury healthcare workers assumed they couldn't have. FIGS' answer is engineered fabric and fit: four-way stretch that moves, moisture-wicking that keeps up, antimicrobial treatment that fights odor and bacteria, and functional pockets designed for the job - sold direct, so the value doesn't get lost at a uniform-shop markup.

02

Products & services

Core · since 2013

FIONx Scrubs

Tops and pants in the proprietary FIONx fabric - four-way stretch, moisture-wicking, anti-wrinkle, with Silvadur antimicrobial technology for odor and bacteria control.

Core

Lab Coats

Tailored and technical coats for physicians, students and clinicians, cut to fit rather than drape.

Since ~2018

Lifestyle & Footwear

Underscrubs, outerwear, activewear, loungewear, compression socks and shoes - roughly a fifth of revenue and a higher-margin growth lane.

Ongoing

Limited-Edition Drops

Rotating colors, prints and seasonal styles that turn a functional purchase into a repeat-buying habit.

B2B

FIGS Teams

Group and institutional sales supplying uniforms to hospitals and health systems at scale.

Mission

Awesome Humans Foundation

The brand's nonprofit and Threads for Threads program - scrub donations plus grants, training and resources for healthcare workers and students.

03

The business, by the numbers

2020
$263M
2024
$555M*
2025
$631M
Annual net revenue. *2024 approximate, derived from reported 13.6% 2025 growth. Sources: FIGS Q4/FY 2025 results, Wikipedia.

A D2C engine

FIGS is a vertically integrated, digitally native brand: it designs its own fabrics and products, sells mostly through wearfigs.com, and drives repeat purchases through frequent color drops, a loyal community and expansion into higher-margin lifestyle categories. Scrubwear grew 14.3% in 2025 to $508.9M; non-scrubwear added $122.2M.

Guidance for 2026 calls for 10-12% revenue growth and an EBITDA margin of up to roughly 13% - the profile of a brand past its start-up sprint and settling into durable scale.

04

How it's different - and where it fits

The medical apparel market is large and old, long dominated by wholesale labels like Cherokee and Dickies Medical (Careismatic), Barco's Grey's Anatomy, Landau and Healing Hands - product sold through uniform shops and distributors, chosen more for price than fit. FIGS skipped that channel entirely and went direct, treating the scrub as something worth designing and branding.

That reframing is the difference. Competitors sell a garment; FIGS sells identity, comfort and community to the same buyer. Newer D2C challengers - Jaanuu, Mandala - now chase the model FIGS proved, while off-shift, many healthcare workers still reach for Lululemon and Nike, the very brands that inspired the idea.

Expertise

Textile engineering, brand and community building, and D2C e-commerce operations - founder-led by a fashion entrepreneur (Hasson) and a former Blackstone/Citigroup financier (Spear).

05

The founders

Co-Founder & CEO

Trina Spear

A former Wall Street investment banker - associate at Blackstone's hedge-fund group after four years at Citigroup - Spear leads day-to-day operations and long-term strategy. She became sole CEO in 2022.

Co-Founder & Executive Chairman

Heather Hasson

A fashion entrepreneur who studied pre-med, Hasson had the founding idea after altering a nurse friend's scrubs. She served as Co-CEO until 2022 and now focuses on strategy and product innovation as Executive Chairman.

Their origin is now company folklore: the two sold scrub sets out of the back of a car during hospital shift changes before building the online brand. Early backers included Will Smith and Legendary Pictures founder Thomas Tull. In May 2021 they took FIGS public - the first company to trade on the NYSE led by two female co-founders, and the first healthcare apparel company to IPO, at a valuation near $4.4 billion.

06

Timeline

2013

FIGS is founded in Los Angeles

Hasson and Spear launch FIGS to redesign medical scrubs, selling sets directly to healthcare workers.

2016

First institutional funding

A Series A led by Campfire Capital fuels growth as D2C demand builds.

2017

$65M growth investment

Thomas Tull's Tulco invests to accelerate expansion and fabric innovation.

2018

Fastest-growing U.S. company

Inc. names FIGS #1 with 9,948% three-year growth.

2020

Pandemic scale and giving

Revenue roughly doubles to $263M; FIGS donates scrubs and masks during COVID-19.

2021

Historic NYSE IPO

Goes public near a $4.4B valuation - a first for two female co-founders.

2022

Leadership evolves

Hasson becomes Executive Chairman; Spear takes sole CEO role.

2025

Rejects $1B buyout, launches foundation

Turns down Story3 Capital's take-private bid and starts the Awesome Humans Foundation.

2026

Record year reported

$631.1M in 2025 revenue, ~2.9M active customers, guiding to 10-12% growth.

07

Mission & the "awesome humans"

FIGS frames its mission around service to healthcare professionals - the "awesome humans" it names in nearly everything it does. In 2024 alone the company gave away hundreds of thousands of scrubs, ran retreats for healthcare workers, and donated roughly $510,000 to healthcare nonprofits. The giving is not incidental to the brand; it is part of how FIGS keeps millions of repeat customers close.

Watch

Interviews & product demos

Founder interviews and FIGS product content on YouTube.

▶ FIGS on YouTube ▶ Trina Spear interviews ▶ FIONx product demos
08

Frequently asked

What does FIGS make?
FIGS designs and sells medical scrubs, lab coats, footwear, outerwear and lifestyle apparel for healthcare professionals, primarily online at wearfigs.com.
Who founded FIGS?
Heather Hasson and Trina Spear co-founded FIGS in 2013. Spear is CEO and Hasson is Executive Chairman.
Is FIGS publicly traded?
Yes. FIGS trades on the New York Stock Exchange under the ticker FIGS after its 2021 IPO. It rejected a take-private bid from Story3 Capital in early 2025.
What is FIONx fabric?
FIONx is FIGS' proprietary fabric with four-way stretch, moisture-wicking and anti-wrinkle properties, plus Silvadur antimicrobial technology for odor and bacteria control.
How big is FIGS?
FIGS reported $631.1 million in revenue for 2025 and served roughly 2.9 million active customers, with about 310 employees.
medical apparelscrubshealthcare direct-to-consumerFIONx fabrice-commerce lab coatsNYSE: FIGSperformance fabric antimicrobialfounder-ledSanta Monica

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