Financial Statements — FIGS
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 |
|---|
| Cash & Equivalents | 108.54 | 74.30 | 46.45 | 50.85 | 90.01 | 124.10 | 131.81 | 155.33 | 182.95 | 146.73 | 155.88 | 155.58 | 170.22 | 189.40 | 180.65 | 163.97 |
| Accounts Receivable | 6.75 | 4.02 | 11.24 | 7.92 | 5.31 | 8.78 | 11.63 | 4.96 | 5.64 | 5.62 | 3.12 | 2.73 | 4.30 | 2.91 | 4.76 | 3.93 |
| Inventory | 119.56 | 139.38 | 151.23 | 135.53 | 131.58 | 123.40 | 119.29 | 130.47 | 143.18 | 167.81 | 180.37 | 168.09 | 127.65 | 102.77 | 69.36 | 62.37 |
| Total Current Assets | 452.93 | 432.19 | 418.02 | 393.61 | 399.71 | 434.29 | 417.24 | 405.58 | 395.04 | 369.25 | 349.61 | 345.91 | 315.90 | 306.33 | 268.62 | 243.49 |
| Property, Plant & Equipment | 33.40 | 33.14 | 33.57 | 33.11 | 34.12 | 35.40 | 35.27 | 28.05 | 16.31 | 11.40 | 11.24 | 10.82 | 8.81 | 7.72 | 7.36 | 6.91 |
| Total Non-current Assets | 129.75 | 131.25 | 126.72 | 123.51 | 122.60 | 108.19 | 108.78 | 105.36 | 46.74 | 41.77 | 38.49 | 39.75 | 37.74 | 36.36 | 15.90 | 10.76 |
| Total Assets | 582.68 | 563.44 | 544.74 | 517.12 | 522.31 | 542.49 | 526.02 | 510.94 | 441.78 | 411.02 | 388.10 | 385.66 | 353.65 | 342.69 | 284.52 | 254.25 |
| Accounts Payable | 9.06 | 7.78 | 5.35 | 19.02 | 10.74 | 27.40 | 19.91 | 22.22 | 15.01 | 11.93 | 8.57 | 21.16 | 10.61 | 17.01 | 13.98 | 16.47 |
| Total Current Liabilities | 91.38 | 80.20 | 86.66 | 78.36 | 100.97 | 94.75 | 76.60 | 71.83 | 70.22 | 56.83 | 52.75 | 76.48 | 58.03 | 61.18 | 61.64 | 46.93 |
| Total Non-current Liabilities* | 48.93 | 52.60 | 44.75 | 42.23 | 39.81 | 44.23 | 47.72 | 49.24 | 16.37 | 17.26 | 15.16 | 16.74 | 17.48 | 18.21 | 3.58 | 3.61 |
| Total Liabilities | 140.31 | 132.80 | 131.41 | 120.59 | 140.78 | 138.98 | 124.32 | 121.06 | 86.59 | 74.09 | 67.91 | 93.21 | 75.52 | 79.39 | 65.23 | 50.54 |
| Retained Earnings | 133.39 | 105.01 | 80.22 | 71.47 | 64.37 | 62.59 | 64.29 | 63.19 | 51.75 | 45.61 | 41.03 | 35.73 | 31.68 | 26.83 | 5.34 | (1.62) |
| Total Stockholder Equity | 442.37 | 430.64 | 413.33 | 396.53 | 381.54 | 403.51 | 401.71 | 389.88 | 355.19 | 336.92 | 320.19 | 292.45 | 278.13 | 263.30 | 219.30 | 203.72 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 196.62 | 159.90 | 201.90 | 151.66 | 152.64 | 124.90 | 151.83 | 140.21 | 144.23 | 119.29 | 144.92 | 142.36 | 138.13 | 120.23 | 144.90 | 128.59 | 122.25 | 110.10 | 128.70 | 102.70 |
| Cost of Revenue | 48.76 | 51.60 | 74.83 | 45.59 | 50.39 | 40.44 | 49.64 | 46.18 | 46.96 | 37.16 | 47.06 | 44.97 | 42.10 | 34.56 | 46.05 | 37.76 | 35.90 | 31.67 | 38.70 | 27.99 |
| Gross Profit | 147.85 | 108.30 | 127.07 | 106.07 | 102.25 | 84.46 | 102.19 | 94.03 | 97.26 | 82.14 | 97.86 | 97.39 | 96.03 | 85.68 | 98.85 | 90.83 | 86.35 | 78.43 | 90.00 | 74.71 |
| Selling, General & Admin | 40.38 | 37.88 | 37.03 | 37.12 | 34.75 | 33.84 | 35.59 | 35.53 | 35.77 | 35.99 | 35.45 | 36.23 | 34.84 | 34.16 | 36.51 | 27.65 | 29.27 | 27.22 | 31.32 | 28.43 |
| Total Operating Expenses | 112.59 | 103.82 | 108.26 | 96.43 | 92.33 | 84.67 | 93.30 | 102.66 | 95.71 | 81.69 | 83.63 | 87.44 | 89.47 | 82.38 | 95.59 | 79.62 | 76.90 | 64.69 | 73.57 | 64.15 |
| Operating Income | 35.26 | 4.48 | 18.81 | 9.64 | 9.91 | (0.21) | 8.90 | (8.63) | 1.55 | 0.44 | 14.23 | 9.95 | 6.57 | 3.30 | 3.26 | 11.21 | 9.45 | 13.75 | 16.43 | 10.55 |
| Pretax Income | 36.88 | 6.45 | 21.35 | 11.96 | 12.03 | 1.86 | 12.38 | (5.70) | 4.38 | 3.28 | 16.51 | 11.85 | 8.08 | 4.37 | 3.64 | 11.82 | 9.52 | 13.75 | 16.31 | 9.62 |
| Tax Provision | 8.50 | 0.16 | 2.85 | 3.21 | 4.93 | 1.97 | 10.49 | (4.00) | 3.28 | 1.85 | 6.51 | 5.70 | 3.50 | 2.46 | 0.25 | 7.77 | 4.67 | 4.85 | 3.72 | 2.66 |
| Net Income | 28.38 | 6.29 | 18.51 | 8.75 | 7.10 | (0.10) | 1.89 | (1.70) | 1.10 | 1.44 | 10.00 | 6.15 | 4.58 | 1.91 | 3.39 | 4.04 | 4.85 | 8.90 | 12.60 | 6.95 |
| Basic EPS | 0.17 | 0.04 | 0.12 | 0.05 | 0.04 | 0.00 | 0.01 | (0.01) | 0.01 | 0.01 | 0.05 | 0.04 | 0.03 | 0.01 | 0.03 | 0.02 | 0.03 | 0.05 | 0.08 | 0.04 |
| Diluted EPS | 0.15 | 0.03 | 0.10 | 0.05 | 0.04 | 0.00 | 0.01 | (0.01) | 0.01 | 0.01 | 0.06 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.03 | 0.05 | 0.08 | 0.03 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 46.86 | (3.20) | 60.93 | 3.44 | (12.43) | 9.24 | 30.42 | 22.59 | 16.54 | 11.62 | 20.27 | 54.13 | 29.40 | (2.88) | 4.55 | (13.35) | (18.52) | (8.02) | 13.93 | 19.76 |
| Capital Expenditures | 2.60 | 2.42 | 2.86 | 2.91 | 1.09 | 1.31 | 3.36 | 4.17 | 8.99 | 0.50 | 6.62 | 8.12 | 0.84 | 0.77 | 1.09 | 2.53 | 1.73 | 0.36 | 0.70 | 0.99 |
| Free Cash Flow* | 44.26 | (5.63) | 58.07 | 0.53 | (13.52) | 7.93 | 27.05 | 18.42 | 7.55 | 11.12 | 13.65 | 46.01 | 28.56 | (3.65) | 3.46 | (15.87) | (20.24) | (8.38) | 13.23 | 18.78 |
| Investing Cash Flow | 10.92 | 13.80 | (25.90) | (8.96) | (26.91) | (2.18) | (31.12) | (23.02) | (40.31) | (0.47) | (59.20) | (18.03) | (39.18) | (0.77) | (1.09) | (2.53) | (1.86) | (0.36) | (0.70) | (0.98) |
| Financing Cash Flow | (23.48) | (18.26) | 0.40 | 1.13 | 0.19 | (2.69) | (37.76) | (7.27) | 0.25 | 0.01 | 0.15 | 0.13 | 0.64 | (0.24) | 0.73 | 1.24 | 1.20 | 0.35 | 0.25 | 1.21 |
* Derived from reported values
