FIGS FIGS Sales taxes payable
Sales taxes payable at other companies
Other financials
Where this comes from
Reported directly by FIGS in its filing.
Tagged under the XBRL concept us-gaap:SalesAndExciseTaxPayableCurrent.
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 sales taxes payable?
- FIGS (FIGS) reported sales taxes payable of $4.93M in Q1 2026.
- How has FIGS's sales taxes payable changed year-over-year?
- FIGS's sales taxes payable increased by 31.2% year-over-year, from $3.76M to $4.93M.
- What is the long-term trend for FIGS's sales taxes payable?
- Over 5 years (2020 to 2025), FIGS's sales taxes payable has grown at a 6.8% compound annual growth rate (CAGR), from $3.08M to $4.27M.
- What does sales taxes payable mean?
- This represents the total amount of sales tax collected from customers on behalf of government taxing authorities that has not yet been remitted. It serves as a short-term liability reflecting the company's role as a collection agent for state and local jurisdictions. Monitoring this balance helps assess the company's compliance with tax obligations and the timing of cash outflows related to tax remittances.