What is FIGS's income tax?

FIGS (FIGS) reported income tax of $157K in Q1 2026.

How has FIGS's income tax changed year-over-year?

FIGS's income tax decreased by 92.0% year-over-year, from $1.97M to $157K.

What is the long-term trend for FIGS's income tax?

Over 4 years (2021 to 2025), FIGS's income tax has grown at a -9.6% compound annual growth rate (CAGR), from $19.42M to $12.96M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

FIGS FIGS Income Tax

Income Tax at other companies

lululemon athleticaLULU

$91.03M-33.0%

Under ArmourUAA

$866K+107%

Academy Sports and OutdoorsASO

$16.19M-4.5%

PBH

Prestige Consumer HealthcarePBH

$10.84M-54.5%

UFP TechnologiesUFPT

$4.11M+32.8%

Kohl'sKSS

-$3M-200%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

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

Reported directly by FIGS in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 income tax?: FIGS (FIGS) reported income tax of $157K in Q1 2026.
How has FIGS's income tax changed year-over-year?: FIGS's income tax decreased by 92.0% year-over-year, from $1.97M to $157K.
What is the long-term trend for FIGS's income tax?: Over 4 years (2021 to 2025), FIGS's income tax has grown at a -9.6% compound annual growth rate (CAGR), from $19.42M to $12.96M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.