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FIGS, Inc.（FIGS）与李维斯（LEVI）财务数据对比。点击上方公司名可切换其他公司
李维斯的季度营收约是FIGS, Inc.的8.7倍（$1.8B vs $201.9M）。FIGS, Inc.净利率更高（9.2% vs 8.9%，领先0.2%）。FIGS, Inc.同比增速更快（33.0% vs -4.0%）。李维斯自由现金流更多（$215.7M vs $58.1M）。过去两年FIGS, Inc.的营收复合增速更高（30.1% vs 6.5%）
FIGS是一家总部位于美国加利福尼亚州圣莫尼卡的服饰企业，由希瑟·哈森与特里娜·斯皮尔于2013年共同创立，二人目前共同担任首席执行官。品牌专注为医疗从业者提供医用刷手服及相关专业产品，是医疗工装领域的知名品牌。
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
FIGS vs LEVI — 直观对比
营收规模更大
LEVI
是对方的8.7倍
$201.9M
营收增速更快
FIGS
高出37.0%
-4.0%
净利率更高
FIGS
高出0.2%
8.9%
自由现金流更多
LEVI
多$157.6M
$58.1M
两年增速更快
FIGS
近两年复合增速
6.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $201.9M | $1.8B |
| 净利润 | $18.5M | $158.0M |
| 毛利率 | 62.9% | 60.8% |
| 营业利润率 | 9.3% | 11.9% |
| 净利率 | 9.2% | 8.9% |
| 营收同比 | 33.0% | -4.0% |
| 净利润同比 | 881.8% | -13.4% |
| 每股收益（稀释后） | $0.10 | $0.39 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FIGSLEVI
| Q4 25 | $201.9M | $1.8B | ||
| Q3 25 | $151.7M | $1.5B | ||
| Q2 25 | $152.6M | $1.4B | ||
| Q1 25 | $124.9M | $1.5B | ||
| Q4 24 | $151.8M | $1.8B | ||
| Q3 24 | $140.2M | $1.5B | ||
| Q2 24 | $144.2M | $1.4B | ||
| Q1 24 | $119.3M | $1.6B |
净利润FIGSLEVI
| Q4 25 | $18.5M | $158.0M | ||
| Q3 25 | $8.7M | $218.1M | ||
| Q2 25 | $7.1M | $67.0M | ||
| Q1 25 | $-102.0K | $135.0M | ||
| Q4 24 | $1.9M | $182.5M | ||
| Q3 24 | $-1.7M | $20.7M | ||
| Q2 24 | $1.1M | $18.0M | ||
| Q1 24 | $1.4M | $-10.6M |
毛利率FIGSLEVI
| Q4 25 | 62.9% | 60.8% | ||
| Q3 25 | 69.9% | 61.7% | ||
| Q2 25 | 67.0% | 62.6% | ||
| Q1 25 | 67.6% | 62.1% | ||
| Q4 24 | 67.3% | 61.3% | ||
| Q3 24 | 67.1% | 60.0% | ||
| Q2 24 | 67.4% | 60.5% | ||
| Q1 24 | 68.9% | 58.2% |
营业利润率FIGSLEVI
| Q4 25 | 9.3% | 11.9% | ||
| Q3 25 | 6.4% | 10.8% | ||
| Q2 25 | 6.5% | 7.5% | ||
| Q1 25 | -0.2% | 12.5% | ||
| Q4 24 | 5.9% | 11.5% | ||
| Q3 24 | -6.2% | 2.0% | ||
| Q2 24 | 1.1% | 1.5% | ||
| Q1 24 | 0.4% | -0.0% |
净利率FIGSLEVI
| Q4 25 | 9.2% | 8.9% | ||
| Q3 25 | 5.8% | 14.1% | ||
| Q2 25 | 4.7% | 4.6% | ||
| Q1 25 | -0.1% | 8.8% | ||
| Q4 24 | 1.2% | 9.9% | ||
| Q3 24 | -1.2% | 1.4% | ||
| Q2 24 | 0.8% | 1.2% | ||
| Q1 24 | 1.2% | -0.7% |
每股收益（稀释后）FIGSLEVI
| Q4 25 | $0.10 | $0.39 | ||
| Q3 25 | $0.05 | $0.55 | ||
| Q2 25 | $0.04 | $0.17 | ||
| Q1 25 | $0.00 | $0.34 | ||
| Q4 24 | $0.01 | $0.46 | ||
| Q3 24 | $-0.01 | $0.05 | ||
| Q2 24 | $0.01 | $0.04 | ||
| Q1 24 | $0.01 | $-0.03 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $82.0M | $848.8M |
| 总债务越低越好 | — | $1.1B |
| 股东权益账面价值 | $437.5M | $2.3B |
| 总资产 | $580.0M | $6.8B |
| 负债/权益比越低杠杆越低 | — | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资FIGSLEVI
| Q4 25 | $82.0M | $848.8M | ||
| Q3 25 | $46.5M | $707.5M | ||
| Q2 25 | $50.8M | $736.7M | ||
| Q1 25 | $90.0M | $574.4M | ||
| Q4 24 | $85.6M | $690.0M | ||
| Q3 24 | $124.1M | $577.1M | ||
| Q2 24 | $131.8M | $641.4M | ||
| Q1 24 | $155.3M | $516.7M |
总债务FIGSLEVI
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.0B | ||
| Q1 25 | — | $987.4M | ||
| Q4 24 | — | $994.0M | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $1.0B |
股东权益FIGSLEVI
| Q4 25 | $437.5M | $2.3B | ||
| Q3 25 | $413.3M | $2.2B | ||
| Q2 25 | $396.5M | $2.1B | ||
| Q1 25 | $381.5M | $2.0B | ||
| Q4 24 | $377.1M | $2.0B | ||
| Q3 24 | $403.5M | $1.9B | ||
| Q2 24 | $401.7M | $2.0B | ||
| Q1 24 | $389.9M | $2.0B |
总资产FIGSLEVI
| Q4 25 | $580.0M | $6.8B | ||
| Q3 25 | $544.7M | $6.7B | ||
| Q2 25 | $517.1M | $6.5B | ||
| Q1 25 | $522.3M | $6.2B | ||
| Q4 24 | $509.8M | $6.4B | ||
| Q3 24 | $542.5M | $6.3B | ||
| Q2 24 | $526.0M | $6.2B | ||
| Q1 24 | $510.9M | $6.0B |
负债/权益比FIGSLEVI
| Q4 25 | — | 0.46× | ||
| Q3 25 | — | 0.48× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.49× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | — | 0.54× | ||
| Q2 24 | — | 0.51× | ||
| Q1 24 | — | 0.51× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $60.9M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $58.1M | $215.7M |
| 自由现金流率自由现金流/营收 | 28.8% | 12.2% |
| 资本支出强度资本支出/营收 | 1.4% | 2.9% |
| 现金转化率经营现金流/净利润 | 3.29× | 1.69× |
| 过去12个月自由现金流最近4个季度 | $53.0M | $308.2M |
8季度趋势，按日历期对齐
经营现金流FIGSLEVI
| Q4 25 | $60.9M | $266.8M | ||
| Q3 25 | $3.4M | $24.8M | ||
| Q2 25 | $-12.4M | $185.5M | ||
| Q1 25 | $9.2M | $52.5M | ||
| Q4 24 | $30.4M | $297.3M | ||
| Q3 24 | $22.6M | $52.3M | ||
| Q2 24 | $16.5M | $262.8M | ||
| Q1 24 | $11.6M | $286.0M |
自由现金流FIGSLEVI
| Q4 25 | $58.1M | $215.7M | ||
| Q3 25 | $531.0K | $-39.4M | ||
| Q2 25 | $-13.5M | $146.0M | ||
| Q1 25 | $7.9M | $-14.1M | ||
| Q4 24 | $27.1M | $231.6M | ||
| Q3 24 | $18.4M | $2.3M | ||
| Q2 24 | $7.5M | $222.6M | ||
| Q1 24 | $11.1M | $214.4M |
自由现金流率FIGSLEVI
| Q4 25 | 28.8% | 12.2% | ||
| Q3 25 | 0.4% | -2.6% | ||
| Q2 25 | -8.9% | 10.1% | ||
| Q1 25 | 6.3% | -0.9% | ||
| Q4 24 | 17.8% | 12.6% | ||
| Q3 24 | 13.1% | 0.2% | ||
| Q2 24 | 5.2% | 15.4% | ||
| Q1 24 | 9.3% | 13.8% |
资本支出强度FIGSLEVI
| Q4 25 | 1.4% | 2.9% | ||
| Q3 25 | 1.9% | 4.2% | ||
| Q2 25 | 0.7% | 2.7% | ||
| Q1 25 | 1.0% | 4.4% | ||
| Q4 24 | 2.2% | 3.6% | ||
| Q3 24 | 3.0% | 3.3% | ||
| Q2 24 | 6.2% | 2.8% | ||
| Q1 24 | 0.4% | 4.6% |
现金转化率FIGSLEVI
| Q4 25 | 3.29× | 1.69× | ||
| Q3 25 | 0.39× | 0.11× | ||
| Q2 25 | -1.75× | 2.77× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | 16.14× | 1.63× | ||
| Q3 24 | — | 2.53× | ||
| Q2 24 | 15.04× | 14.60× | ||
| Q1 24 | 8.10× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FIGS
| Scrubwear | $154.9M | 77% |
| Non Scrubwear Lifestyle | $47.0M | 23% |
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
