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FIGS FIGS Accretion of discount and accrued interest on available-for-sale securities

Accretion of discount and accrued interest on available-for-sale securities at other companies

Apogee Therapeutics, Inc. logo
Apogee Therapeutics, Inc.APGE
$1.55M-34.9%
NTS
Netskope, Inc. Class A Common StockNTSK
$2.07M+655%
Erasca, Inc. logo
Erasca, Inc.ERAS
$746K-62.4%
Staar Surgical logo
Staar SurgicalSTAA
-$232K-79.8%
Septerna, Inc. logo
Septerna, Inc.SEPN
$755K-21.8%
Nurix Therapeutics, Inc. logo
Nurix Therapeutics, Inc.NRIX
$1.98M-44.4%

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 figs:AccretionOfDiscountOnDebtSecurities.

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 accretion of discount and accrued interest on available-for-sale securities?
FIGS (FIGS) reported accretion of discount and accrued interest on available-for-sale securities of -$337K in Q1 2026.
How has FIGS's accretion of discount and accrued interest on available-for-sale securities changed year-over-year?
FIGS's accretion of discount and accrued interest on available-for-sale securities increased by 69.7% year-over-year, from -$1.11M to -$337K.
What does accretion of discount and accrued interest on available-for-sale securities mean?
This represents the non-cash adjustment to net income reflecting the amortization of discounts or the accrual of interest on debt securities held as investments. It reconciles the difference between the purchase price and the face value of securities over their holding period. This adjustment is critical for understanding the true cash-generating capability of a company's investment portfolio versus its reported accounting income.