FIGS, Inc.
FIGS, Inc.
FIGS, Inc. (FIGS) — SEC Financial Statements & Analysis
FIGS, Inc. (FIGS) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Class A | 159 | 158 | 1 | 1 | 154 | 0 | -1 | 1 | 162 | 0 | 1 | 1 | |||||
Common Class B | 8 | 8 | 0 | 0 | 8 | 0 | 0 | 0 | 8 | 0 | 0 | 0 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 74 | 82 | 46 | 51 | 90 | 86 | 124 | 132 | 155 | 144 | 183 | 147 | |||||
Available For Sale Securities Debt Securities Curr… | 203 | 219 | 195 | 188 | 161 | 159 | 158 | 137 | 104 | - | 49 | 39 | |||||
Accounts And Other Receivables Net Current | 5 | 6 | 12 | 9 | 7 | 9 | 10 | 13 | 5 | 7 | 6 | 6 | |||||
Inventory Net | 139 | 128 | 151 | 136 | 132 | 116 | 123 | 119 | 130 | 119 | 143 | 168 | |||||
Prepaid Expense And Other Assets Current | 11 | 12 | 13 | 10 | 10 | 13 | 19 | 17 | 11 | 12 | 13 | 10 | |||||
Assets Current | 432 | 447 | 418 | 394 | 400 | 383 | 434 | 417 | 406 | 386 | 395 | 369 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment Net | 33 | 34 | 34 | 33 | 34 | 35 | 35 | 35 | 28 | 25 | 16 | 11 | |||||
Operating Lease Right Of Use Asset | 57 | 57 | 51 | 49 | 48 | 50 | 53 | 55 | 57 | 43 | 16 | 17 | |||||
Deferred Income Tax Assets Net | 12 | 12 | 13 | 12 | 11 | 12 | 18 | 16 | 18 | 18 | 13 | 12 | |||||
Equity Securities Without Readily Determinable Fai… | 28 | 28 | 28 | 28 | 28 | - | - | - | - | - | - | - | |||||
Other Assets Noncurrent | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |||||
Assets Noncurrent | 131 | 133 | 127 | 124 | 123 | 127 | 108 | 109 | 105 | 88 | 47 | 42 | |||||
Assets | 563 | 580 | 545 | 517 | 522 | 510 | 542 | 526 | 511 | 473 | 442 | 411 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 8 | 18 | 5 | 19 | 11 | 9 | 27 | 20 | 22 | 15 | 15 | 12 | |||||
Operating Lease Liability Current | 8 | 8 | 9 | 10 | 12 | 11 | 12 | 12 | 9 | 8 | 4 | 4 | |||||
Accrued Liabilities Current | 36 | 21 | 34 | 22 | 54 | 42 | 29 | 22 | 17 | 8 | 16 | 18 | |||||
Accrued Employee Benefits Current | 5 | 17 | 12 | 7 | 5 | 6 | 5 | 4 | 4 | 7 | 7 | 4 | |||||
Sales And Excise Tax Payable Current | 5 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 3 | |||||
Deferred Revenue Current | 2 | 4 | 8 | 3 | 2 | 5 | 4 | 3 | 2 | 2 | 3 | 1 | |||||
Customer Refund Liability Current | 4 | 4 | 3 | 3 | 4 | 4 | 5 | 4 | 3 | 3 | 3 | 3 | |||||
Accrued Income Taxes Current | 1 | 2 | 0 | 1 | 1 | 0 | 0 | 2 | 4 | 3 | 10 | 3 | |||||
Liabilities Current | 80 | 91 | 87 | 78 | 101 | 90 | 95 | 77 | 72 | 57 | 70 | 57 | |||||
Liabilities Noncurrent | |||||||||||||||||
Operating Lease Liability Noncurrent | 52 | 52 | 45 | 42 | 40 | 42 | 44 | 48 | 49 | 39 | 16 | 17 | |||||
Other Liabilities Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Liabilities | 133 | 143 | 131 | 121 | 141 | 133 | 139 | 124 | 121 | 96 | 87 | 74 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 326 | 339 | 333 | 325 | 317 | 313 | 341 | 337 | 327 | 315 | 303 | 291 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -0 | 0 | 0 | 0 | -0 | 0 | 0 | -0 | -0 | - | -0 | -0 | |||||
Retained Earnings Accumulated Deficit | 105 | 99 | 80 | 71 | 64 | 64 | 63 | 64 | 63 | 62 | 52 | 46 | |||||
Stockholders Equity | 431 | 437 | 413 | 397 | 382 | 377 | 404 | 402 | 390 | 377 | 355 | 337 | |||||
Liabilities And Stockholders Equity | 563 | 580 | 545 | 517 | 522 | 510 | 542 | 526 | 511 | 473 | 442 | 411 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -23.49% | - | - | - | - | - | - | - | - | - | - | - |
| 2025 | -13.86% | 16.63% | 29.50% | 7.63% | 0.61% | 25.65% | 30.19% | 57.05% | 46.94% | 13.95% | 29.67% | -5.61% |
| 2024 | -5.69% | -5.16% | 18.68% | 7.87% | 18.53% | 8.22% | -22.19% | -9.90% | -12.89% | -22.40% | -29.03% | -16.13% |
| 2023 | - | - | - | -9.26% | -20.51% | -10.54% | 27.40% | 41.28% | 5.34% | -18.91% | -20.56% | -4.48% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 5.39 | 4.94 | 4.82 | 5.02 | 3.96 | 4.25 | 4.58 | 5.45 | 5.65 | 6.73 | 5.63 | 6.50 | |||||
| Quick Ratio | 3.52 | 3.39 | 2.93 | 3.16 | 2.55 | 2.81 | 3.08 | 3.67 | 3.68 | 4.44 | 3.40 | 3.37 | |||||
| Working Capital | 351.99M | 356.76M | 331.36M | 315.25M | 298.74M | 292.62M | 339.55M | 340.64M | 333.75M | 328.37M | 324.82M | 312.42M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.31 | 0.33 | 0.32 | 0.30 | 0.37 | 0.35 | 0.34 | 0.31 | 0.31 | 0.26 | 0.24 | 0.22 | |||||
| Debt Ratio | 0.24 | 0.25 | 0.24 | 0.23 | 0.27 | 0.26 | 0.26 | 0.24 | 0.24 | 0.20 | 0.20 | 0.18 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 1.23 | 1.16 | 1.07 | 1.09 | 1.09 | 1.13 | 1.11 | 1.18 | 1.21 | 1.26 | 1.32 | 1.39 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.21 | 0.19 | 0.10 | 0.04 | 0.01 | 0.02 | 0.06 | 0.10 | 0.12 | 0.12 | 0.09 | 0.08 | |||||
| Free Cash Flow Per Share TTM | 0.24 | 0.32 | 0.13 | 0.25 | 0.38 | 0.38 | 0.30 | 0.46 | 0.58 | 0.50 | 0.44 | 0.07 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 66.61% | 66.53% | 67.98% | 67.23% | 67.35% | 67.61% | 67.67% | 68.02% | 68.56% | 69.09% | 69.27% | 69.83% | |||||
| Operating Profit Margin TTM | 6.43% | 6.04% | 4.86% | 1.75% | 0.29% | 0.41% | 1.38% | 4.75% | 5.73% | 6.24% | 4.23% | 4.58% | |||||
| Net Profit Margin TTM | 6.10% | 5.43% | 3.03% | 1.26% | 0.21% | 0.49% | 1.97% | 3.39% | 4.07% | 4.15% | 2.94% | 2.62% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 18.70% | 13.60% | 5.90% | 3.41% | 3.02% | 1.82% | 0.55% | 3.56% | 5.57% | 7.87% | 51.17% | 58.74% | |||||
| Net Income Growth (1Y) | 3,335.33% | 1,159.19% | 62.69% | -61.55% | -94.66% | -87.98% | -32.40% | 34.14% | 56.12% | 6.85% | -9.93% | -32.74% | |||||
| EPS Growth (1Y) | 3,252.91% | 1,203.41% | 69.16% | -59.73% | -94.42% | -88.06% | -33.00% | 31.81% | 53.23% | 5.07% | -11.60% | -33.75% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 60.50 | 54.22 | 62.11 | 127.75 | 630.36 | 385.06 | 107.43 | 48.62 | 38.18 | 51.60 | 62.09 | 99.43 | |||||
| P/B | 5.71 | 4.24 | 2.65 | 2.31 | 1.95 | 2.78 | 2.88 | 2.26 | 2.17 | 3.10 | 2.80 | 4.11 | |||||
| P/S TTM | 3.69 | 2.94 | 1.88 | 1.61 | 1.33 | 1.89 | 2.12 | 1.65 | 1.55 | 2.14 | 1.82 | 2.60 | |||||
| Market Cap | 2.46B | 1.86B | 1.09B | 917.53M | 745.72M | 1.05B | 1.16B | 908.20M | 846.22M | 1.17B | 995.15M | 1.38B | |||||
| Enterprise Value | 2.44B | 1.83B | 1.10B | 918.38M | 707.04M | 1.01B | 1.10B | 835.67M | 749.18M | 1.07B | 832.38M | 1.26B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 39.45M | 53.00M | 21.99M | 39.88M | 60.94M | 64.14M | 50.74M | 78.33M | 99.34M | 84.57M | 74.37M | 12.49M | |||||
| Net Debt | -13.70M | -21.98M | 7.66M | 846.00K | -38.68M | -32.62M | -68.20M | -72.53M | -97.04M | -97.06M | -162.76M | -125.83M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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