Figs, Inc. balance sheet
At the end of fiscal 2025, Figs, Inc. had total assets of $580m, total liabilities of $143m and shareholders' equity of $437m. It held $82.0m in cash against $0 of debt.
Balance sheet
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 38 | 58 | 195 | 160 | 144 | 86 | 82 | 109 |
| Receivables | — | 6 | 2 | 6 | 7 | 7 | 5 | 7 |
| Inventory | — | 50 | 86 | 178 | 119 | 116 | 128 | 120 |
| Total current assets | — | 120 | 293 | 357 | 386 | 383 | 447 | 453 |
| Total assets | — | 134 | 312 | 395 | 473 | 510 | 580 | 583 |
| Accounts payable | — | 12 | 15 | 21 | 15 | 9 | 18 | 9 |
| Deferred revenue (current) | — | 2 | 1 | 3 | 2 | 5 | 4 | 2 |
| Total current liabilities | — | 33 | 62 | 71 | 57 | 90 | 91 | 91 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total liabilities | — | 36 | 66 | 87 | 96 | 133 | 143 | 140 |
| Shareholders' equity | 39 | 98 | 246 | 308 | 377 | 377 | 437 | 442 |
| Shares outstanding | — | 154m | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 9 | 7 | 5 | 8 | 11 | 5 | 4 | 7 |
| Inventory | 123 | 116 | 132 | 136 | 151 | 128 | 139 | 120 |
| Total current assets | 434 | 383 | 400 | 394 | 418 | 447 | 432 | 453 |
| Total assets | 542 | 510 | 522 | 517 | 545 | 580 | 563 | 583 |
| Accounts payable | 27 | 9 | 11 | 19 | 5 | 18 | 8 | 9 |
| Deferred revenue (current) | 4 | 5 | 2 | 3 | 8 | 4 | 2 | 2 |
| Total current liabilities | 95 | 90 | 101 | 78 | 87 | 91 | 80 | 91 |
| Total liabilities | 139 | 133 | 141 | 121 | 131 | 143 | 133 | 140 |
| Shareholders' equity | 404 | 377 | 382 | 397 | 413 | 437 | 431 | 442 |
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