FIGS · Figs, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $159.90M | - | $151.66M | $152.64M | $124.90M | - | $140.21M | $144.22M | $119.29M | - |
| Cost of Revenue | $51.60M | - | $45.59M | $50.39M | $40.44M | - | $46.18M | $46.96M | $37.16M | - |
| Gross Profit | $108.30M | - | $106.07M | $102.25M | $84.46M | - | $94.03M | $97.26M | $82.14M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $37.88M | - | $37.12M | $34.75M | $33.84M | - | $35.53M | $35.77M | $35.99M | - |
| Total Operating Expenses | $103.81M | - | $96.43M | $92.33M | $84.67M | - | $102.66M | $95.71M | $81.69M | - |
| D&A | $3.41M | - | $2.30M | $2.20M | $2.00M | - | $2.90M | $1.10M | $850.0K | - |
| Operating Income | $4.48M | - | $9.63M | $9.91M | ($211.0K) | - | ($8.63M) | $1.55M | $443.0K | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $157.0K | - | $3.21M | $4.93M | $1.97M | - | ($4.00M) | $3.28M | $1.84M | - |
| Net Income | $6.29M | - | $8.75M | $7.10M | ($102.0K) | - | ($1.70M) | $1.10M | $1.44M | - |
| EPS - Basic | $0.04 | - | $0.05 | $0.04 | $0.00 | - | ($0.01) | $0.01 | $0.01 | - |
| EPS - Diluted | $0.03 | - | $0.05 | $0.04 | $0.00 | - | ($0.01) | $0.01 | $0.01 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $74.30M | $81.98M | $46.45M | $50.85M | $90.01M | $85.64M | $124.10M | $131.81M | $155.33M | $144.17M |
| Accounts Receivable | $4.02M | $5.35M | $11.24M | $7.92M | $5.31M | $6.64M | $8.78M | $11.63M | $4.96M | $6.55M |
| Inventory | $139.38M | $127.97M | $151.23M | $135.53M | $131.58M | $115.76M | $123.40M | $119.29M | $130.47M | $119.04M |
| Accounts Payable | $7.78M | $18.19M | $5.34M | $19.02M | $10.74M | $9.40M | $27.40M | $19.91M | $22.22M | $14.75M |
| Current Assets | $432.19M | $447.29M | $418.02M | $393.61M | $399.71M | $382.77M | $434.29M | $417.24M | $405.58M | $385.66M |
| Total Assets | $563.44M | $580.00M | $544.74M | $517.12M | $522.31M | $509.79M | $542.49M | $526.02M | $510.94M | $473.21M |
| Current Liabilities | $80.20M | $90.52M | $86.66M | $78.36M | $100.97M | $90.14M | $94.75M | $76.60M | $71.83M | $57.29M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $132.80M | $142.53M | $131.41M | $120.59M | $140.78M | $132.66M | $138.98M | $124.32M | $121.06M | $96.36M |
| Stockholders' Equity | $430.64M | $437.46M | $413.33M | $396.53M | $381.54M | $377.13M | $403.51M | $401.70M | $389.88M | $376.85M |
| Retained Earnings | $105.01M | $98.72M | $80.22M | $71.47M | $64.37M | $64.47M | $62.59M | $64.29M | $63.19M | $61.75M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.20M) | - | - | - | $9.23M | - | - | - | $11.62M | - |
| Investing Cash Flow | $13.80M | - | - | - | ($2.18M) | - | - | - | ($474.0K) | - |
| Financing Cash Flow | ($18.26M) | - | - | - | ($2.69M) | - | - | - | $10.0K | - |
| CapEx | $2.42M | - | - | - | $1.31M | - | - | - | $496.0K | - |
| Free Cash Flow | ($5.63M) | - | - | - | $7.92M | - | - | - | $11.12M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 67.7% | - | 69.9% | 67.0% | 67.6% | - | 67.1% | 67.4% | 68.9% | - |
| Operating margin | 2.8% | - | 6.4% | 6.5% | -0.2% | - | -6.2% | 1.1% | 0.4% | - |
| EBITDA margin | 4.9% | - | 7.9% | 7.9% | 1.4% | - | -4.1% | 1.8% | 1.1% | - |
| Net margin | 3.9% | - | 5.8% | 4.7% | -0.1% | - | -1.2% | 0.8% | 1.2% | - |
| Free cash flow margin | -3.5% | - | - | - | 6.3% | - | - | - | 9.3% | - |
| FCF / Net income | -0.90 | - | - | - | -77.70 | - | - | - | 7.75 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 23.7% | - | 24.5% | 22.8% | 27.1% | - | 25.3% | 24.8% | 30.2% | - |
| Effective tax rate | 2.4% | - | 26.9% | 41.0% | 105.5% | - | - | 74.9% | 56.3% | - |
| Return on assets | 1.1% | - | 1.6% | 1.4% | -0.0% | - | -0.3% | 0.2% | 0.3% | - |
| Return on equity | 1.5% | - | 2.1% | 1.8% | -0.0% | - | -0.4% | 0.3% | 0.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 5.39 | 4.94 | 4.82 | 5.02 | 3.96 | 4.25 | 4.58 | 5.45 | 5.65 | 6.73 |
| Quick ratio | 3.65 | 3.53 | 3.08 | 3.29 | 2.66 | 2.96 | 3.28 | 3.89 | 3.83 | 4.65 |
| Cash ratio | 0.93 | 0.91 | 0.54 | 0.65 | 0.89 | 0.95 | 1.31 | 1.72 | 2.16 | 2.52 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.31 | 1.33 | 1.32 | 1.30 | 1.37 | 1.35 | 1.34 | 1.31 | 1.31 | 1.26 |
| Liabilities / Assets | 0.24 | 0.25 | 0.24 | 0.23 | 0.27 | 0.26 | 0.26 | 0.24 | 0.24 | 0.20 |
| Efficiency | ||||||||||
| Asset turnover | 0.28 | - | 0.28 | 0.30 | 0.24 | - | 0.26 | 0.27 | 0.23 | - |
| Inventory turnover | 0.37 | - | 0.30 | 0.37 | 0.31 | - | 0.37 | 0.39 | 0.28 | - |
| Days sales outstanding | 9d | - | 27d | 19d | 16d | - | 23d | 29d | 15d | - |
| Days inventory outstanding | 986d | - | 1211d | 982d | 1188d | - | 975d | 927d | 1282d | - |
| Days payable outstanding | 55d | - | 43d | 138d | 97d | - | 217d | 155d | 218d | - |
| Cash conversion cycle | 940d | - | 1195d | 863d | 1106d | - | 782d | 802d | 1079d | - |
| Valuation | ||||||||||
| P / E | 492.3x | - | 133.8x | 141.0x | - | - | - | 533.0x | 498.0x | - |
| P / B | 6.7x | - | 2.9x | 2.5x | 2.0x | - | 2.9x | 2.4x | 2.3x | - |
| P / S | 18.1x | - | 8.0x | 6.4x | 6.0x | - | 8.3x | 6.6x | 7.5x | - |
| EV / EBITDA | 357.5x | - | 97.5x | 76.3x | 366.7x | - | - | 311.3x | 575.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 28.0% | - | 8.2% | 5.8% | 4.7% | - | -1.5% | 4.4% | -0.8% | - |
| Revenue CAGR (3y) | 10.0% | - | 5.7% | 7.7% | 4.3% | - | 10.9% | 12.6% | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 28.2% | - | 12.8% | 5.1% | 2.8% | - | -3.5% | 1.3% | -4.1% | - |
| Operating income growth (YoY) | - | - | - | 538.4% | - | - | - | -76.3% | -86.6% | - |
| Net income growth (YoY) | - | - | - | 545.4% | - | - | - | -76.0% | -24.8% | - |
| EPS growth (YoY) | - | - | - | 300.0% | - | - | - | -50.0% | 0.0% | - |
| EPS CAGR (3y) | 44.2% | - | 35.7% | 10.1% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -28.8% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 12.9% | 16.0% | 2.4% | -1.3% | -2.1% | 0.1% | 13.6% | 19.2% | 21.8% | 22.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$631.10M totalScrubwear$508.90M · 80.6%
Non Scrubwear Lifestyle$122.20M · 19.4%
Geographic
$631.10M totalUS$527.47M · 83.6%
Non Us$103.63M · 16.4%
Peer comparison
Same SIC group: Apparel & Other Finishd Prods of Fabrics & Similar Matl
Comparing FIGS against the 5 most active filers in the same SIC group.