FIGS FIGS Deferred Revenue
Deferred Revenue at other companies
Other financials
Where this comes from
Reported directly by FIGS in its filing.
Tagged under the XBRL concept figs:IncreaseDecreaseInSalesTaxPayable.
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 deferred revenue?
- FIGS (FIGS) reported deferred revenue of -$2.29M in Q1 2026.
- How has FIGS's deferred revenue changed year-over-year?
- FIGS's deferred revenue increased by 13.8% year-over-year, from -$2.65M to -$2.29M.
- What is the long-term trend for FIGS's deferred revenue?
- Over 2 years (2021 to 2024), FIGS's deferred revenue has grown at a 43.8% compound annual growth rate (CAGR), from -$1.19M to $2.45M.
- What does deferred revenue mean?
- This represents the net change in obligations to remit collected sales taxes to government authorities. It serves as a working capital adjustment that highlights the timing difference between collecting tax from customers and the actual cash outflow to tax jurisdictions. A significant increase may indicate higher sales volume or changes in tax remittance cycles.