Can FIGS cover its short-term obligations?

Its current ratio is 5.39 — current assets exceed current liabilities.

Where does FIGS's balance sheet data come from?

Every line is extracted from FIGS's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

FIGS FIGS Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Cash and cash equivalents	$74.3M-9.4%	$81.99M+76.5%	$46.45M-8.6%	$50.85M-43.5%	$90.01M+5.1%
Short-term investments	$202.72M-7.4%	$218.86M+12.2%	$195.07M+3.8%	$187.99M+16.6%	$161.2M+1.1%
Accounts receivable, net	$5.24M-16.4%	$6.27M-48.7%	$12.22M+33.9%	$9.13M+39.2%	$6.55M-24.0%
Inventories	$139.38M+8.9%	$127.97M-15.4%	$151.23M+11.6%	$135.53M+3.0%	$131.58M+13.7%
Prepaid expenses and other current assets	$10.54M-13.6%	$12.2M-6.4%	$13.04M+28.9%	$10.12M-2.4%	$10.37M-21.8%
Income taxes receivable	$3.12M-1.6%	$3.17M+108%	$1.52M-51.5%	$3.14M-36.1%	$4.9M-16.5%
Total current assets	$432.19M-3.4%	$447.29M+7.0%	$418.02M+6.2%	$393.61M-1.5%	$399.71M+4.4%
Property and equipment, net	$33.14M-2.3%	$33.94M+1.1%	$33.57M+1.4%	$33.11M-3.0%	$34.12M-3.3%
Accumulated depreciation	$25.13M+15.7%	$21.72M+13.2%	$19.19M+13.0%	$16.97M+14.5%	$14.82M+15.6%
Operating lease right-of-use assets	$56.54M-1.0%	$57.13M+86,566,666,567%	$0.07+1.5%	$0.07-100.0%	$48.19M-4.6%
Deferred tax assets	$12.18M0.0%	$12.19M-7.0%	$13.1M+13.5%	$11.54M+8.4%	$10.65M-8.5%
Other non-current assets	$1.65M-3.9%	$1.72M+5.1%	$1.63M-10.8%	$1.83M-4.0%	$1.91M-8.0%
Equity method investments	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M+0.7%
Total noncurrent assets	$131.25M-1.1%	$132.71M+4.7%	$126.72M+2.6%	$123.51M+0.7%	$122.6M-3.5%
Total assets	$563.44M-2.9%	$580M+6.5%	$544.74M+5.3%	$517.12M-1.0%	$522.31M+2.5%
Accounts payable	$7.78M-57.2%	$18.19M+240%	$5.35M-71.9%	$19.02M+77.2%	$10.74M+14.2%
Accrued expenses	$35.66M+73.7%	$20.53M-40.0%	$34.19M+53.8%	$22.24M-59.0%	$54.22M+28.1%
Accrued compensation	$4.85M-71.8%	$17.19M+38.6%	$12.4M+68.1%	$7.38M+45.5%	$5.07M-10.9%
Deferred revenue	$1.7M-57.3%	$3.99M-52.0%	$8.31M+177%	$3M+52.9%	$1.96M-57.5%
Operating lease liabilities, current	$8.27M+1.1%	$8.18M-13.5%	$9.45M-1.0%	$9.55M-17.7%	$11.6M+9.5%
Income taxes payable	$1.3M-31.2%	$1.89M—	$0-100%	$654K+5.8%	$618K+78.6%
Total current liabilities	$80.2M-11.4%	$90.52M+4.5%	$86.66M+10.6%	$78.36M-22.4%	$100.97M+12.0%
Operating lease liabilities, non-current	$52.34M+1.0%	$51.83M+16.0%	$44.67M+6.0%	$42.15M+6.1%	$39.73M-6.4%
Other non-current liabilities	$263K+44.5%	$182K+119%	$83K0.0%	$83K0.0%	$83K0.0%
Total liabilities	$132.8M-6.8%	$142.53M+8.5%	$131.41M+9.0%	$120.59M-14.3%	$140.78M+6.1%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Additional paid-in capital	$325.72M-3.8%	$338.53M+1.7%	$332.94M+2.4%	$324.98M+2.5%	$317.17M+1.5%
Retained earnings	$105.01M+6.4%	$98.72M+23.1%	$80.22M+12.2%	$71.47M+11.0%	$64.37M-0.2%
Accumulated other comprehensive income (loss)	-$103K-153%	$196K+21.0%	$162K+131%	$70K+392%	-$24K-214%
Total stockholders' equity	$430.64M-1.6%	$437.46M+5.8%	$413.33M+4.2%	$396.53M+3.9%	$381.54M+1.2%
Total liabilities and stockholders' equity	$563.44M-2.9%	$580M+6.5%	$544.74M+5.3%	$517.12M-1.0%	$522.31M+2.5%
Available-for-Sale Debt Securities - Amortized Cost	$245.06M-6.7%	$262.72M+14.0%	$230.39M+1.0%	$228M+16.4%	$195.8M+1.1%
Cash, Cash Equivalents, and Marketable Securities	$244.93M-6.8%	$262.88M+14.0%	$230.54M+1.1%	$228.02M+16.4%	$195.83M+1.1%
Available For Sale Securities Debt Securities Current	$202.72M-7.4%	$218.86M+12.2%	$195.07M+3.8%	$187.99M+16.6%	$161.2M+1.1%
Other accounts receivable (net of allowances of $37 in 2026 and $37 in 2025)	$1.22M+33.2%	$919K-6.3%	$981K-18.5%	$1.2M-3.2%	$1.24M-37.5%
Other Receivables	$1.22M+33.2%	$919K-6.3%	$981K-18.5%	$1.2M-3.2%	$1.24M-37.5%
Trading Securities in Marketable Securities	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M+0.7%
Deferred Tax Assets and Other Non-Current Assets	$1.65M-3.9%	$1.72M+5.1%	$1.63M-10.8%	$1.83M-4.0%	$1.91M-8.0%
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M+0.7%
Equity Securities Without Readily Determinable Fair Value - Cumulative Impairment Loss	$0—	$0—	$0—	$0—	$0—
Equity Securities Without Readily Determinable Fair Value - Cumulative Upward Adjustments	$0—	$0—	$0—	$0—	$0—
Equity Securities Without Readily Determinable Fair Value	$0—	$0—	$0—	$0—	$0—
Investments - Amortized Cost Basis	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M+0.7%
Net Investment in Lease	$56.54M-1.0%	$57.13M+12.7%	$50.69M+2.8%	$49.3M+2.3%	$48.19M-4.6%
Deferred tax assets	$12.18M0.0%	$12.19M-7.0%	$13.1M+13.5%	$11.54M+8.4%	$10.65M-8.5%
Operating lease right-of-use assets	$56.54M-1.0%	$57.13M+12.7%	$50.69M+2.8%	$49.3M+2.3%	$48.19M-4.6%
Other non-current assets	$1.65M-3.9%	$1.72M+5.1%	$1.63M-10.8%	$1.83M-4.0%	$1.91M-8.0%
Property, plant and equipment at cost	$58.27M+4.7%	$55.66M+5.5%	$52.75M+5.3%	$50.08M+2.3%	$48.94M+1.8%
Operating Lease Right-of-Use Assets in Other Assets	$56.54M-1.0%	$57.13M+12.7%	$50.69M+2.8%	$49.3M+2.3%	$48.19M-4.6%
Software and Technology Licenses, Net	$1.65M-3.9%	$1.72M+5.1%	$1.63M-10.8%	$1.83M-4.0%	$1.91M-8.0%
Accrued Marketing and Advertising Expenses	$6.35M+56.1%	$4.06M-28.2%	$5.66M+14.4%	$4.95M-10.0%	$5.5M+34.6%
Other Commercial Liabilities	$35.66M+73.7%	$20.53M-40.0%	$34.19M+53.8%	$22.24M-59.0%	$54.22M+28.1%
Contract Liabilities and Refund Liability	$3.96M-5.1%	$4.17M+29.7%	$3.22M+7.2%	$3M-18.9%	$3.7M-4.4%
Accrued Income Taxes, Current	$1.3M-31.2%	$1.89M—	$0-100%	$654K+5.8%	$618K+78.6%
Accrued Liabilities, Current	$35.66M+73.7%	$20.53M-40.0%	$34.19M+53.8%	$22.24M-59.0%	$54.22M+28.1%
Deferred income	$1.7M-57.3%	$3.99M-52.0%	$8.31M+177%	$3M+52.9%	$1.96M-57.5%
Gift card liability	$11.75M-3.0%	$12.12M+21.0%	$10.02M0.0%	$10.02M+7.7%	$9.31M-3.1%
Sales taxes payable	$4.93M+15.5%	$4.27M+14.4%	$3.73M+6.5%	$3.5M-6.8%	$3.76M+1.4%
Marketing and selling	$6.35M+56.1%	$4.06M-28.2%	$5.66M+14.4%	$4.95M-10.0%	$5.5M+34.6%
Total debt	$60.6M+1.0%	$60M+10.9%	$54.12M+4.7%	$51.7M+0.7%	$51.33M-3.2%
Convertible Preferred Stock Authorized Shares	100M0.0%	100M0.0%	100M0.0%	100M0.0%	100M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Additional paid-in capital	$325.72M-3.8%	$338.53M+1.7%	$332.94M+2.4%	$324.98M+2.5%	$317.17M+1.5%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Unrealized Gains on Investments	$20K-88.1%	$168K+7.7%	$156K+346%	$35K-14.6%	$41K-57.7%
Unrealized Losses on Investments (Before Tax)	$146K+1,360%	$10K+25.0%	$8K-52.9%	$17K+88.9%	$9K-30.8%
Components	$0—	$0—	$0—	$0—	$0—
Cumulative Cost Basis	$245.06M-6.7%	$262.72M+14.0%	$230.39M+1.0%	$228M+16.4%	$195.8M+1.1%
Accrued inventory	$23.26M+289%	$5.97M-68.3%	$18.87M+108%	$9.05M-75.6%	$37.05M+33.8%
Accrued legal expenses	$108K+71.4%	$63K0.0%	$63K-4.5%	$66K-86.3%	$482K-39.8%
Accrued selling expenses	$245K-29.4%	$347K+114%	$162K+28.6%	$126K+271%	$34K—
Accrued shipping	$3.12M-54.7%	$6.9M+23.2%	$5.6M+10.8%	$5.05M-42.2%	$8.74M+43.6%
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax	$146K+1,360%	$10K+25.0%	$8K-52.9%	$17K+88.9%	$9K-30.8%
Gross Unrealized Gains	$20K-88.1%	$168K+7.7%	$156K+346%	$35K-14.6%	$41K-57.7%
Total	$245.06M-6.7%	$262.72M+14.0%	$230.39M+1.0%	$228M+16.4%	$195.8M+1.1%
Available for sale investments	$244.93M-6.8%	$262.88M+14.0%	$230.54M+1.1%	$228.02M+16.4%	$195.83M+1.1%
Estimated rate refund liabilities	$3.96M-5.1%	$4.17M+29.7%	$3.22M+7.2%	$3M-18.9%	$3.7M-4.4%
Trading securities, cost	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M0.0%	$27.74M+0.7%
Estimate of contingent sales tax payable	$1.5M0.0%	$1.5M0.0%	$1.5M0.0%	$1.5M0.0%	$1.5M0.0%
Other accrued liabilities	$2.58M-18.9%	$3.19M-17.0%	$3.84M+28.4%	$2.99M+23.2%	$2.43M-33.5%
Other	$1.08M-3.8%	$1.12M+20.9%	$925K+14.8%	$806K-13.9%	$936K-6.4%
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%	$100M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Prepaid expenses	$5.74M-23.0%	$7.46M-16.6%	$8.95M+123%	$4.01M-4.2%	$4.18M-26.9%
Inventory deposits	$604K+33.3%	$453K-72.5%	$1.65M-24.0%	$2.17M+527%	$346K-48.4%
Returns reserve	$4M-4.8%	$4.2M+31.3%	$3.2M+6.7%	$3M-18.9%	$3.7M-5.1%

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Questions, answered.

Can FIGS cover its short-term obligations?: Its current ratio is 5.39 — current assets exceed current liabilities.
Where does FIGS's balance sheet data come from?: Every line is extracted from FIGS's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.