What is FIGS's returns reserve?

FIGS (FIGS) reported returns reserve of $4M in Q1 2026.

How has FIGS's returns reserve changed year-over-year?

FIGS's returns reserve increased by 8.1% year-over-year, from $3.7M to $4M.

What is the long-term trend for FIGS's returns reserve?

Over 5 years (2020 to 2025), FIGS's returns reserve has grown at a 20.2% compound annual growth rate (CAGR), from $1.68M to $4.2M.

FIGS FIGS Returns reserve

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

See full

Market cap$1.97B+229%

Enterprise value$1.95B+246%

P/E48.4×-457×

P/S3×+1.9×

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 figs:ReturnsReserve.

The official record: FIGS’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

Ask your AI about FIGS's returns reserve.

Connect your AI assistant and see it in context, right in your chat.

Connect your AI

Claude

Questions, answered.

What is FIGS's returns reserve?: FIGS (FIGS) reported returns reserve of $4M in Q1 2026.
How has FIGS's returns reserve changed year-over-year?: FIGS's returns reserve increased by 8.1% year-over-year, from $3.7M to $4M.
What is the long-term trend for FIGS's returns reserve?: Over 5 years (2020 to 2025), FIGS's returns reserve has grown at a 20.2% compound annual growth rate (CAGR), from $1.68M to $4.2M.