FIGS: the balance sheet

MyFinsight

For the year ending 2025-12-31, FIGS has $579,996K in assets. $142,534K in debts. $81,985K in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
494.11%
Quick Ratio
352.75%
Cash Ratio
90.57%
Debt to Asset Ratio
24.57%
Unit: Thousand (K) dollars
Assets Breakdown
Short-term investments
Inventory, net
Cash and cash equivalents
Others
Liabilities Breakdown
Additional paid-in capital
Retained earnings
Operating lease liabilities, non...
Others

Balance Sheets	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Cash and cash equivalents	81,985	85,645	144,173	159,775
Restricted cash	-	-	-	0
Short-term investments	218,863	159,469	102,522	-
Accounts receivable	6,271	8,625	7,469	6,866
Inventory, net	127,966	115,759	119,040	177,976
Prepaid expenses and other current assets	12,200	13,268	12,455	11,883
Total current assets	447,285	382,766	385,659	356,500
Property and equipment, net	33,938	35,274	24,864	11,024
Operating lease right-of-use assets	57,134	50,497	43,059	15,312
Deferred tax assets	12,187	11,643	18,291	10,971
Investment in equity securities	27,735	27,534	-	-
Other assets	1,717	2,073	1,336	1,257
Total non-current assets	132,711	127,021	87,550	38,564
Total assets	579,996	509,787	473,209	395,064

Accounts payable	18,187	9,401	14,749	20,906
Operating lease liabilities	8,175	10,596	8,230	3,408
Accrued expenses	20,529	42,316	7,906	26,164
Accrued compensation and benefits	17,194	5,689	7,312	3,415
Sales tax payable	4,266	3,705	3,149	3,374
Gift card liability	12,117	9,604	8,240	7,882
Deferred revenue	3,990	4,612	2,160	2,786
Returns reserve	4,171	3,873	2,989	3,458
Income tax payable	1,894	346	2,557	0
Total current liabilities	90,523	90,142	57,292	71,393
Operating lease liabilities, non-current	51,829	42,430	38,884	15,756
Deferred rent and lease incentive	-	-	-	0
Other non-current liabilities	182	83	183	176
Total liabilities	142,534	132,655	96,359	87,325
Common stock-Common Class A	16	15	16	16
Common stock-Common Class B	0	0	0	0
Additional paid-in capital	338,526	312,622	315,075	268,606
Accumulated other comprehensive income	196	21	5	-
Retained earnings	98,724	64,474	61,754	39,117
Total stockholders equity	437,462	377,132	376,850	307,739
Total liabilities and stockholders equity	579,996	509,787	473,209	395,064

Unit: Thousand (K) dollars (except for numbers of shares and EPS).

MyFinsight

Balance Sheets Overview

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio494.11%Quick Ratio352.75%Cash Ratio90.57%Debt to Asset Ratio24.57%Unit: Thousand (K) dollarsAssets BreakdownShort-term investmentsInventory, netCash and cash equivalentsOthersLiabilities BreakdownAdditional paid-in capitalRetained earningsOperating lease liabilities, non...Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio494.11%Quick Ratio352.75%Cash Ratio90.57%Debt to Asset Ratio24.57%Unit: Thousand (K) dollarsAssets BreakdownShort-term investmentsInventory, netCash and cash equivalentsOthersLiabilities BreakdownAdditional paid-in capitalRetained earningsOperating lease liabilities, non...Others

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets