What is FIGS's cash ratio?

FIGS (FIGS) reported cash ratio of 0.9× in Q1 2026.

How has FIGS's cash ratio changed year-over-year?

FIGS's cash ratio increased by 3.9% year-over-year, from 0.9× to 0.9×.

What is the long-term trend for FIGS's cash ratio?

Over 5 years (2020 to 2025), FIGS's cash ratio has grown at a -12.7% compound annual growth rate (CAGR), from 1.8× to 0.9×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

FIGS FIGS Cash ratio

Cash ratio at other companies

lululemon athleticaLULU

0.8×0.0×

Under ArmourUAA

0.2×-0.3×

Academy Sports and OutdoorsASO

0.3×0.0×

PBH

Prestige Consumer HealthcarePBH

0.5×-0.4×

CloroxCLX

0.4×+0.3×

UFP TechnologiesUFPT

0.3×+0.1×

Other financials

Income statement

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Revenue$159.9M+28.0%

Gross profit$108.3M+28.2%

Operating income$4.5M+2,225%

Net income$6.3M+6,265%

EPS (diluted)$0.03—

Balance sheet

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Cash & equivalents$74.3M-17.4%

Total debt$60.6M+18.1%

Total equity$430.6M+12.9%

Total assets$563.4M+7.9%

Cash flow

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Operating cash flow-$3.2M-135%

CapEx$2.4M+85.0%

Free cash flow-$5.6M-171%

Valuation

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Market cap$1.97B+229%

Profitability

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Gross margin66.6%-0.7pp

Operating margin6.4%+6.1pp

Net margin6.1%+5.9pp

FCF margin5.9%-4.9pp

Returns & leverage

See full

Return on equity10%+9.7pp

Debt / equity0.1×0.0×

Current ratio5.4×+1.4×

Where this comes from

Calculated from FIGS’s reported figures.

cash and equivalents/total current liabilities=0.9×

Based on the most recent quarter.

The official record: FIGS’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FIGS's cash ratio?: FIGS (FIGS) reported cash ratio of 0.9× in Q1 2026.
How has FIGS's cash ratio changed year-over-year?: FIGS's cash ratio increased by 3.9% year-over-year, from 0.9× to 0.9×.
What is the long-term trend for FIGS's cash ratio?: Over 5 years (2020 to 2025), FIGS's cash ratio has grown at a -12.7% compound annual growth rate (CAGR), from 1.8× to 0.9×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.