What is FIGS's change in lease liabilities?

FIGS (FIGS) reported change in lease liabilities of -$1.2M in Q1 2026.

How has FIGS's change in lease liabilities changed year-over-year?

FIGS's change in lease liabilities increased by 29.2% year-over-year, from -$1.7M to -$1.2M.

What does change in lease liabilities mean?

Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.

FIGS FIGS Change in Lease Liabilities

Change in Lease Liabilities at other companies

G-III Apparel GroupGIII

-$14.9M-3.9%

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

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Return on equity10%+9.7pp

Debt / equity0.1×0.0×

Current ratio5.4×+1.4×

Where this comes from

Reported directly by FIGS in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInOperatingLeaseLiability.

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 change in lease liabilities?: FIGS (FIGS) reported change in lease liabilities of -$1.2M in Q1 2026.
How has FIGS's change in lease liabilities changed year-over-year?: FIGS's change in lease liabilities increased by 29.2% year-over-year, from -$1.7M to -$1.2M.
What does change in lease liabilities mean?: Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.