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FIGS FIGS Non-Cash Lease Expense

Non-Cash Lease Expense at other companies

Academy Sports and Outdoors logo
Academy Sports and OutdoorsASO
$3.07M-75.8%
V.F. Corporation logo
V.F. CorporationVFC
$89.73M+5.4%

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 us-gaap:OperatingLeaseRightOfUseAssetAmortizationExpense.

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 non-cash lease expense?
FIGS (FIGS) reported non-cash lease expense of $2.39M in Q1 2026.
How has FIGS's non-cash lease expense changed year-over-year?
FIGS's non-cash lease expense increased by 3.8% year-over-year, from $2.3M to $2.39M.
What does non-cash lease expense mean?
Non-cash portion of operating lease cost — the difference between straight-line lease expense and actual cash rent payments.