| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 6,288 | 18,507 | 8,746 | 7,099 |
| Depreciation and amortization expense | 3,411 | 2,557 | 2,326 | 2,153 |
| Deferred income taxes | 6 | 911 | -1,557 | -893 |
| Non-cash operating lease cost | 2,391 | 2,614 | 2,577 | 2,502 |
| Stock-based compensation | 5,451 | 5,191 | 6,827 | 7,617 |
| Accretion of discount and accrued interest on available-for-sale securities | -337 | -746 | -892 | -976 |
| Realized gains on available-for-sale securities | 32 | NaN | NaN | NaN |
| Accounts receivable | -1,031 | -5,871 | 3,131 | 2,464 |
| Inventory | 11,416 | -23,267 | 15,705 | 3,951 |
| Prepaid expenses and other current assets | -1,662 | -841 | 2,922 | -250 |
| Other assets | -67 | 84 | -197 | -77 |
| Accounts payable | -10,600 | 12,775 | -13,554 | 8,233 |
| Accrued expenses | 15,130 | -13,660 | 11,953 | -31,988 |
| Accrued compensation and benefits | -12,341 | 4,790 | 5,025 | 2,308 |
| Sales tax payable | 661 | 536 | 228 | -254 |
| Gift card liability | -363 | 2,099 | -5 | 718 |
| Deferred revenue | -2,286 | -4,318 | 5,312 | 1,037 |
| Returns reserve | -213 | 954 | 215 | -699 |
| Income tax payable | -591 | 1,894 | -654 | 36 |
| Operating lease liabilities | -1,204 | -3,170 | -1,549 | -4,936 |
| Other non-current liabilities | 81 | 99 | NaN | NaN |
| Net cash (used in) provided by operating activities | -3,204 | 60,928 | 3,437 | -12,430 |
| Purchases of property and equipment | 2,424 | 2,863 | 2,906 | 1,089 |
| Purchases of available-for-sale securities | 105,452 | 71,135 | 49,259 | 81,974 |
| Maturities of available-for-sale securities | NaN | 48,100 | 43,200 | 56,149 |
| Maturities and sales of available-for-sale securities | 121,676 | NaN | NaN | NaN |
| Other investing activities | NaN | NaN | 0 | 0 |
| Purchase of investment in equity securities | 0 | 201 | NaN | NaN |
| Net cash (used in) provided by investing activities | 13,800 | -25,898 | -8,965 | -26,914 |
| Repurchases of class a common stock | 8,799 | 0 | 0 | 0 |
| Proceeds from stock option exercises and employee stock purchases | 295 | 400 | 1,133 | 185 |
| Payments for taxes related to net share settlement of equity awards | 9,758 | 0 | NaN | NaN |
| Issuance of class a common stock upon vesting of restricted stock | NaN | 1 | NaN | NaN |
| Issuance of class a common stock in exchange for services | NaN | 0 | NaN | NaN |
| Net cash used in financing activities | -18,262 | 401 | 1,133 | 185 |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | -15 | 100 | NaN | NaN |
| Net increase (decrease) in cash and cash equivalents | -7,681 | 35,531 | -4,395 | -39,159 |
| Cash and cash equivalents, beginning of period | 81,985 | 46,454 | 50,849 | 90,008 |
| Cash and cash equivalents end of period | 74,304 | 81,985 | 46,454 | 50,849 |
FIGS, Inc. (FIGS)
FIGS, Inc. (FIGS)