FIGS (FIGS) Financials

$4.59 +0.03 (+0.66%)

As of 05/20/2025 03:58 PM Eastern

Annual Income Statements for FIGS

This table shows FIGS's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	2.72	23	21
Consolidated Net Income / (Loss)	2.72	23	21
Net Income / (Loss) Continuing Operations	2.72	23	21
Total Pre-Tax Income	14	41	39
Total Operating Income	2.27	34	38
Total Gross Profit	376	377	354
Total Revenue	556	546	506
Operating Revenue	556	546	506
Total Cost of Revenue	180	169	151
Operating Cost of Revenue	180	169	151
Total Operating Expenses	373	343	317
Selling, General & Admin Expense	285	266	239
Marketing Expense	89	77	78
Total Other Income / (Expense), net	12	6.76	1.06
Interest & Investment Income	11	6.78	1.71
Other Income / (Expense), net	0.83	-0.01	-0.65
Income Tax Expense	12	18	18
Basic Earnings per Share	$0.02	$0.13	$0.13
Weighted Average Basic Shares Outstanding	169.20M	168.07M	165.27M
Diluted Earnings per Share	$0.02	$0.12	$0.11
Weighted Average Diluted Shares Outstanding	180.10M	182.41M	187.55M
Weighted Average Basic & Diluted Shares Outstanding	162.52M	169.91M	166.59M

This table shows FIGS's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-0.10	1.89	-1.70	1.10	1.44	10	6.15	4.58	1.91	3.39	4.04
Consolidated Net Income / (Loss)	-0.10	1.89	-1.70	1.10	1.44	10	6.15	4.58	1.91	3.39	4.04
Net Income / (Loss) Continuing Operations	-0.10	1.89	-1.70	1.10	1.44	10	6.15	4.58	1.91	3.39	4.04
Total Pre-Tax Income	1.86	12	-5.70	4.38	3.28	17	12	8.08	4.37	3.64	12
Total Operating Income	-0.21	8.90	-8.63	1.55	0.44	14	9.95	6.57	3.30	3.26	11
Total Gross Profit	84	102	94	97	82	98	97	96	86	99	91
Total Revenue	125	152	140	144	119	145	142	138	120	145	129
Operating Revenue	125	152	140	144	119	145	142	138	120	145	129
Total Cost of Revenue	40	50	46	47	37	47	45	42	35	46	38
Operating Cost of Revenue	40	50	46	47	37	47	45	42	35	46	38
Total Operating Expenses	85	93	103	96	82	84	87	89	82	96	80
Selling, General & Admin Expense	67	74	74	73	64	64	68	69	65	74	60
Marketing Expense	18	20	29	23	17	20	19	21	17	21	20
Total Other Income / (Expense), net	2.08	3.48	2.93	2.83	2.84	2.28	1.90	1.52	1.07	0.38	0.61
Interest & Investment Income	2.08	-	2.93	2.83	-	-	1.90	1.52	-	-	-
Other Income / (Expense), net	-0.00	0.84	0.00	0.00	-0.01	-0.00	-0.01	-0.00	-0.00	-0.65	0.00
Income Tax Expense	1.97	10	-4.00	3.28	1.85	6.51	5.70	3.50	2.46	0.25	7.77
Basic Earnings per Share	$0.00	$0.01	($0.01)	$0.01	$0.01	$0.05	$0.04	$0.03	$0.01	$0.03	$0.02
Weighted Average Basic Shares Outstanding	162.47M	169.20M	170.17M	170.39M	169.92M	168.07M	168.67M	167.42M	166.77M	165.27M	165.54M
Diluted Earnings per Share	$0.00	$0.01	($0.01)	$0.01	$0.01	$0.06	$0.03	$0.02	$0.01	$0.01	$0.02
Weighted Average Diluted Shares Outstanding	162.47M	180.10M	170.17M	179.69M	180.70M	182.41M	181.43M	183.33M	182.85M	187.55M	186.99M
Weighted Average Basic & Diluted Shares Outstanding	162.55M	162.52M	169.81M	170.86M	170.23M	169.91M	169.13M	168.47M	167.10M	166.59M	165.96M

This table details how cash moves in and out of FIGS's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-59	-16	-38
Net Cash From Operating Activities	81	101	-35
Net Cash From Continuing Operating Activities	81	100	-35
Net Income / (Loss) Continuing Operations	2.72	23	21
Consolidated Net Income / (Loss)	2.72	23	21
Depreciation Expense	6.69	2.94	1.92
Non-Cash Adjustments To Reconcile Net Income	44	38	37
Changes in Operating Assets and Liabilities, net	28	33	-95
Net Cash From Investing Activities	-95	-117	-5.85
Net Cash From Continuing Investing Activities	-95	-117	-5.85
Purchase of Property, Plant & Equipment	-17	-16	-5.35
Purchase of Investments	-274	-150	-0.50
Sale and/or Maturity of Investments	197	49	0.00
Net Cash From Financing Activities	-45	0.67	3.52
Net Cash From Continuing Financing Activities	-45	0.67	3.52
Repurchase of Common Equity	-45	0.00	0.00
Issuance of Common Equity	0.25	0.00	0.00
Other Financing Activities, net	0.44	0.67	3.52
Cash Income Taxes Paid	13	21	12

This table details how cash moves in and out of FIGS's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	4.36	-38	-7.71	-24	11	-39	36	-9.15	-3.90	4.19	-15
Net Cash From Operating Activities	9.24	30	23	17	12	20	54	29	-2.88	4.55	-13
Net Cash From Continuing Operating Activities	9.24	30	23	17	12	20	54	29	-2.88	4.55	-13
Net Income / (Loss) Continuing Operations	-0.10	1.89	-1.70	1.10	1.44	10	6.15	4.58	1.91	3.39	4.04
Consolidated Net Income / (Loss)	-0.10	1.89	-1.70	1.10	1.44	10	6.15	4.58	1.91	3.39	4.04
Depreciation Expense	2.00	1.85	2.89	1.11	0.85	0.81	0.76	0.71	0.66	0.64	0.48
Non-Cash Adjustments To Reconcile Net Income	6.73	11	9.23	11	12	2.93	14	9.87	11	8.12	11
Changes in Operating Assets and Liabilities, net	0.61	15	12	2.96	-2.66	3.05	34	13	-17	-7.60	-29
Net Cash From Investing Activities	-2.18	-31	-23	-40	-0.47	-59	-18	-39	-0.77	-1.09	-2.53
Net Cash From Continuing Investing Activities	-2.18	-31	-23	-40	-0.47	-59	-18	-39	-0.77	-1.09	-2.53
Purchase of Property, Plant & Equipment	-1.31	-3.36	-4.17	-8.99	-0.50	-6.62	-8.12	-0.84	-0.77	-1.09	-2.53
Purchase of Investments	-55	-83	-54	-97	-41	-84	-27	-38	0.00	-	-
Sale and/or Maturity of Investments	54	55	35	65	41	32	18	-	0.00	-	-
Other Investing Activities, net	-0.20	-	-	-	-	-	-	-	-	-	-
Net Cash From Financing Activities	-2.69	-38	-7.27	0.25	0.01	0.15	0.13	0.64	-0.25	0.73	1.24
Net Cash From Continuing Financing Activities	-2.69	-38	-7.27	0.25	0.01	0.15	0.13	0.64	-0.25	0.73	1.24
Repurchase of Common Equity	-2.69	-38	-	-	-	-	-	-	-	-	-
Other Financing Activities, net	0.00	0.44	-	-	0.00	0.92	-	-	-0.25	3.04	-

This table presents FIGS's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	510	473	395
Total Current Assets	383	386	357
Cash & Equivalents	86	144	160
Short-Term Investments	159	103	0.00
Accounts Receivable	8.63	7.47	6.87
Inventories, net	116	119	178
Prepaid Expenses	13	12	12
Plant, Property, & Equipment, net	35	25	11
Total Noncurrent Assets	92	63	28
Long-Term Investments	28	0.00	-
Noncurrent Deferred & Refundable Income Taxes	12	18	11
Other Noncurrent Operating Assets	53	44	17
Total Liabilities & Shareholders' Equity	510	473	395
Total Liabilities	133	96	87
Total Current Liabilities	90	57	71
Accounts Payable	9.40	15	21
Accrued Expenses	42	7.91	26
Customer Deposits	3.87	2.99	3.46
Current Deferred Revenue	4.61	2.16	2.79
Current Deferred & Payable Income Tax Liabilities	0.35	2.56	0.00
Current Employee Benefit Liabilities	5.69	7.31	3.42
Other Taxes Payable	3.71	3.15	3.37
Other Current Liabilities	20	16	11
Total Noncurrent Liabilities	43	39	16
Other Noncurrent Operating Liabilities	43	39	16
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	377	377	308
Total Preferred & Common Equity	377	377	308
Preferred Stock	0.00	0.00	0.00
Total Common Equity	377	377	308
Common Stock	313	315	269
Retained Earnings	64	62	39
Accumulated Other Comprehensive Income / (Loss)	0.02	0.01	0.00

This table presents FIGS's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	522	542	526	511	442	411	388	386
Total Current Assets	400	434	417	406	395	369	350	346
Cash & Equivalents	90	124	132	155	183	147	156	156
Short-Term Investments	161	158	137	104	49	39	-	-
Accounts Receivable	6.55	10	13	5.41	6.32	6.27	3.78	8.37
Inventories, net	132	123	119	130	143	168	180	168
Prepaid Expenses	10	19	17	11	13	9.85	9.58	14
Plant, Property, & Equipment, net	34	35	35	28	16	11	11	11
Total Noncurrent Assets	88	73	74	77	30	30	27	29
Long-Term Investments	28	-	-	-	-	-	-	-
Noncurrent Deferred & Refundable Income Taxes	11	18	16	18	13	12	11	11
Other Noncurrent Operating Assets	50	55	57	59	18	18	16	18
Total Liabilities & Shareholders' Equity	522	542	526	511	442	411	388	386
Total Liabilities	141	139	124	121	87	74	68	93
Total Current Liabilities	101	95	77	72	70	57	53	76
Accounts Payable	11	27	20	22	15	12	8.57	21
Accrued Expenses	54	29	22	17	16	18	21	32
Customer Deposits	3.70	4.63	3.51	2.71	2.64	3.31	3.50	3.42
Current Deferred Revenue	1.96	3.88	2.83	1.88	3.34	0.78	0.71	1.24
Current Deferred & Payable Income Tax Liabilities	0.62	0.35	1.64	3.81	9.67	3.29	0.38	0.00
Current Employee Benefit Liabilities	5.07	5.41	4.10	4.33	6.68	4.37	3.65	5.22
Other Taxes Payable	3.76	4.25	3.22	3.39	4.05	2.95	3.71	3.70
Other Current Liabilities	21	20	20	17	13	12	11	9.37
Total Noncurrent Liabilities	40	44	48	49	16	17	15	17
Other Noncurrent Operating Liabilities	40	44	48	49	16	17	15	17
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	382	404	402	390	355	337	320	292
Total Preferred & Common Equity	382	404	402	390	355	337	320	292
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	382	404	402	390	355	337	320	292
Common Stock	317	341	337	327	303	291	279	257
Retained Earnings	64	63	64	63	52	46	41	36
Accumulated Other Comprehensive Income / (Loss)	-0.02	0.22	-0.05	-0.03	-0.00	-0.01	-	-

This table displays calculated financial ratios and metrics derived from FIGS's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	1.82%	7.87%	20.55%
EBITDA Growth	-75.42%	2.30%	237.99%
EBIT Growth	-90.90%	-8.07%	266.60%
NOPAT Growth	-97.73%	-8.35%	293.56%
Net Income Growth	-87.98%	6.85%	321.70%
EPS Growth	-83.33%	9.09%	283.33%
Operating Cash Flow Growth	-19.57%	385.64%	-153.18%
Free Cash Flow Firm Growth	-28.87%	146.32%	-311.63%
Invested Capital Growth	-19.72%	-12.04%	207.34%
Revenue Q/Q Growth	1.26%	0.00%	3.31%
EBITDA Q/Q Growth	-26.08%	58.18%	-25.87%
EBIT Q/Q Growth	-59.16%	51.80%	-27.19%
NOPAT Q/Q Growth	-90.36%	42.65%	-31.45%
Net Income Q/Q Growth	-74.90%	41.23%	-30.29%
EPS Q/Q Growth	-71.43%	71.43%	-45.00%
Operating Cash Flow Q/Q Growth	14.29%	18.45%	-36.15%
Free Cash Flow Firm Q/Q Growth	353.87%	35.87%	0.00%
Invested Capital Q/Q Growth	-14.22%	5.74%	8.11%
Profitability Metrics	-	-	-
Gross Margin	67.61%	69.09%	70.07%
EBITDA Margin	1.76%	7.30%	7.70%
Operating Margin	0.41%	6.24%	7.45%
EBIT Margin	0.56%	6.24%	7.32%
Profit (Net Income) Margin	0.49%	4.15%	4.19%
Tax Burden Percent	18.97%	55.47%	54.71%
Interest Burden Percent	462.88%	119.91%	104.61%
Effective Tax Rate	81.03%	44.53%	45.29%
Return on Invested Capital (ROIC)	0.37%	13.58%	21.01%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.52%	11.74%	20.69%
Return on Net Nonoperating Assets (RNNOA)	0.36%	-6.97%	-13.36%
Return on Equity (ROE)	0.72%	6.61%	7.66%
Cash Return on Invested Capital (CROIC)	22.25%	26.39%	-80.79%
Operating Return on Assets (OROA)	0.63%	7.84%	10.47%
Return on Assets (ROA)	0.55%	5.21%	5.99%
Return on Common Equity (ROCE)	0.72%	6.61%	7.66%
Return on Equity Simple (ROE_SIMPLE)	0.72%	6.01%	6.88%
Net Operating Profit after Tax (NOPAT)	0.43	19	21
NOPAT Margin	0.08%	3.46%	4.07%
Net Nonoperating Expense Percent (NNEP)	0.88%	1.85%	0.33%
Return On Investment Capital (ROIC_SIMPLE)	0.11%	5.01%	6.70%
Cost of Revenue to Revenue	32.39%	30.91%	29.93%
SG&A Expenses to Revenue	51.26%	48.72%	47.27%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	67.20%	62.85%	62.63%
Earnings before Interest and Taxes (EBIT)	3.10	34	37
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	9.79	40	39
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	2.79	3.12	3.63
Price to Tangible Book Value (P/TBV)	2.79	3.12	3.63
Price to Revenue (P/Rev)	1.89	2.15	2.21
Price to Earnings (P/E)	386.44	51.93	52.72
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	0.26%	1.93%	1.90%
Enterprise Value to Invested Capital (EV/IC)	7.45	7.14	6.47
Enterprise Value to Revenue (EV/Rev)	1.40	1.70	1.89
Enterprise Value to EBITDA (EV/EBITDA)	79.50	23.31	24.58
Enterprise Value to EBIT (EV/EBIT)	251.28	27.29	25.86
Enterprise Value to NOPAT (EV/NOPAT)	1,812.00	49.18	46.45
Enterprise Value to Operating Cash Flow (EV/OCF)	9.59	9.20	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	29.83	25.31	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00
Financial Leverage	-0.69	-0.59	-0.65
Leverage Ratio	1.30	1.27	1.28
Compound Leverage Factor	6.03	1.52	1.34
Debt to Total Capital	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00
Altman Z-Score	6.73	9.73	10.27
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Current Ratio	4.25	6.73	4.99
Quick Ratio	2.81	4.44	2.33
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	26	37	-79
Operating Cash Flow to CapEx	476.83%	617.29%	-660.60%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	1.13	1.26	1.43
Accounts Receivable Turnover	69.04	76.13	108.70
Inventory Turnover	1.53	1.14	1.15
Fixed Asset Turnover	18.48	30.41	54.28
Accounts Payable Turnover	14.90	9.46	8.53
Days Sales Outstanding (DSO)	5.29	4.79	3.36
Days Inventory Outstanding (DIO)	238.15	321.34	318.34
Days Payable Outstanding (DPO)	24.49	38.58	42.81
Cash Conversion Cycle (CCC)	218.94	287.56	278.88
Capital & Investment Metrics	-	-	-
Invested Capital	104	130	148
Invested Capital Turnover	4.74	3.92	5.16
Increase / (Decrease) in Invested Capital	-26	-18	100
Enterprise Value (EV)	778	929	957
Market Capitalization	1,051	1,175	1,117
Book Value per Share	$2.22	$2.23	$1.85
Tangible Book Value per Share	$2.22	$2.23	$1.85
Total Capital	377	377	308
Total Debt	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00
Net Debt	-273	-247	-160
Capital Expenditures (CapEx)	17	16	5.35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	48	82	125
Debt-free Net Working Capital (DFNWC)	293	328	285
Net Working Capital (NWC)	293	328	285
Net Nonoperating Expense (NNE)	-2.29	-3.75	-0.58
Net Nonoperating Obligations (NNO)	-273	-247	-160
Total Depreciation and Amortization (D&A)	6.69	5.81	1.92
Debt-free, Cash-free Net Working Capital to Revenue	8.55%	14.97%	24.78%
Debt-free Net Working Capital to Revenue	52.67%	60.18%	56.36%
Net Working Capital to Revenue	52.67%	60.18%	56.36%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.02	$0.13	$0.13
Adjusted Weighted Average Basic Shares Outstanding	169.20M	168.07M	165.27M
Adjusted Diluted Earnings per Share	$0.02	$0.12	$0.11
Adjusted Weighted Average Diluted Shares Outstanding	180.10M	182.41M	187.55M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	162.52M	169.91M	166.59M
Normalized Net Operating Profit after Tax (NOPAT)	1.59	19	21
Normalized NOPAT Margin	0.29%	3.46%	4.07%
Pre Tax Income Margin	2.58%	7.48%	7.66%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%
Augmented Payout Ratio	1,671.10%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from FIGS's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.70%	4.77%	-1.51%	4.41%	-0.78%	0.01%	10.71%	12.99%	9.20%	12.59%	25.21%
EBITDA Growth	39.28%	-22.97%	-153.64%	-63.35%	-67.56%	362.77%	-8.43%	-26.40%	-71.99%	-80.70%	15.94%
EBIT Growth	-148.96%	-31.54%	-186.72%	-76.33%	-86.86%	444.43%	-11.27%	-30.57%	-76.02%	-84.11%	15.24%
NOPAT Growth	-94.04%	-84.28%	-216.99%	-89.53%	-86.55%	183.66%	34.56%	-22.72%	-83.80%	-76.06%	-49.70%
Net Income Growth	-107.11%	-81.15%	-127.66%	-75.99%	-24.83%	194.90%	51.98%	-5.56%	-78.55%	-73.08%	-41.85%
EPS Growth	-100.00%	-83.33%	-133.33%	-50.00%	0.00%	500.00%	50.00%	-33.33%	-80.00%	-90.00%	-33.33%
Operating Cash Flow Growth	-20.52%	50.07%	-58.27%	-43.75%	503.30%	345.25%	505.57%	258.77%	64.06%	-67.33%	-167.53%
Free Cash Flow Firm Growth	-16.81%	2.26%	-125.07%	147.07%	138.00%	127.31%	119.38%	36.91%	-36.87%	0.00%	-252.43%
Invested Capital Growth	-21.51%	-19.72%	-1.05%	-12.15%	-20.46%	-12.04%	-10.06%	40.48%	122.35%	207.34%	287.22%
Revenue Q/Q Growth	-17.74%	8.29%	-2.78%	20.90%	-17.68%	1.79%	3.06%	14.89%	-17.02%	12.68%	5.19%
EBITDA Q/Q Growth	-84.57%	301.76%	-315.38%	107.79%	-91.86%	40.51%	47.13%	83.94%	21.69%	-72.20%	18.27%
EBIT Q/Q Growth	-102.18%	212.89%	-655.51%	258.66%	-96.96%	43.00%	51.60%	99.09%	26.14%	-76.69%	18.62%
NOPAT Q/Q Growth	-99.15%	122.43%	-1,649.76%	101.10%	-97.75%	66.94%	38.72%	158.31%	-52.58%	-20.80%	-20.34%
Net Income Q/Q Growth	-105.41%	210.88%	-254.55%	-23.34%	-85.65%	62.71%	34.13%	140.02%	-43.70%	-16.15%	-16.65%
EPS Q/Q Growth	-100.00%	200.00%	-200.00%	0.00%	-83.33%	100.00%	50.00%	100.00%	0.00%	-50.00%	-33.33%
Operating Cash Flow Q/Q Growth	-69.64%	34.66%	36.57%	42.34%	-42.67%	-62.55%	84.10%	1,120.51%	-163.29%	134.11%	27.93%
Free Cash Flow Firm Q/Q Growth	4.06%	669.53%	-125.23%	-44.36%	27.92%	39.60%	147.37%	55.08%	8.07%	0.92%	-54.20%
Invested Capital Q/Q Growth	-1.81%	-14.22%	-8.54%	1.89%	0.42%	5.74%	-18.80%	-7.74%	11.05%	8.11%	26.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	67.62%	67.31%	67.06%	67.44%	68.85%	67.53%	68.41%	69.52%	71.26%	68.22%	70.64%
EBITDA Margin	1.43%	7.63%	-4.10%	1.85%	1.08%	10.38%	7.52%	5.27%	3.29%	2.24%	9.09%
Operating Margin	-0.17%	5.86%	-6.15%	1.08%	0.37%	9.82%	6.99%	4.75%	2.74%	2.25%	8.72%
EBIT Margin	-0.17%	6.41%	-6.15%	1.08%	0.36%	9.82%	6.99%	4.75%	2.74%	1.80%	8.72%
Profit (Net Income) Margin	-0.08%	1.24%	-1.21%	0.76%	1.20%	6.90%	4.32%	3.32%	1.59%	2.34%	3.14%
Tax Burden Percent	-5.47%	15.23%	29.82%	25.10%	43.75%	60.58%	51.87%	56.69%	43.70%	93.21%	34.23%
Interest Burden Percent	-879.25%	127.10%	66.08%	282.23%	757.51%	116.03%	119.11%	123.18%	132.52%	139.23%	105.39%
Effective Tax Rate	105.47%	84.77%	0.00%	74.90%	56.25%	39.42%	48.13%	43.31%	56.30%	6.79%	65.77%
Return on Invested Capital (ROIC)	0.04%	4.23%	-19.30%	1.05%	0.60%	23.34%	15.22%	11.04%	5.19%	10.82%	16.97%
ROIC Less NNEP Spread (ROIC-NNEP)	0.09%	4.02%	-20.99%	0.73%	0.00%	22.66%	14.72%	10.56%	4.92%	10.62%	16.85%
Return on Net Nonoperating Assets (RNNOA)	-0.06%	-2.77%	14.22%	-0.45%	0.00%	-13.45%	-8.81%	-6.11%	-2.91%	-6.86%	-11.18%
Return on Equity (ROE)	-0.02%	1.46%	-5.09%	0.60%	0.60%	9.88%	6.41%	4.94%	2.28%	3.96%	5.79%
Cash Return on Invested Capital (CROIC)	24.23%	22.25%	4.70%	22.47%	34.59%	26.39%	20.78%	-24.31%	-64.86%	-80.79%	0.00%
Operating Return on Assets (OROA)	-0.18%	7.25%	-6.86%	1.27%	0.44%	12.34%	9.22%	6.61%	3.87%	2.58%	12.74%
Return on Assets (ROA)	-0.09%	1.40%	-1.35%	0.90%	1.46%	8.67%	5.69%	4.61%	2.24%	3.35%	4.60%
Return on Common Equity (ROCE)	-0.02%	1.46%	-5.09%	0.60%	0.60%	9.88%	6.41%	4.94%	2.28%	3.96%	5.79%
Return on Equity Simple (ROE_SIMPLE)	0.31%	0.00%	2.69%	4.65%	5.68%	0.00%	4.51%	4.13%	4.43%	0.00%	10.39%
Net Operating Profit after Tax (NOPAT)	0.01	1.36	-6.04	0.39	0.19	8.62	5.16	3.72	1.44	3.04	3.84
NOPAT Margin	0.01%	0.89%	-4.31%	0.27%	0.16%	5.95%	3.63%	2.69%	1.20%	2.10%	2.98%
Net Nonoperating Expense Percent (NNEP)	-0.04%	0.20%	1.69%	0.31%	0.60%	0.68%	0.51%	0.48%	0.27%	0.20%	0.12%
Return On Investment Capital (ROIC_SIMPLE)	0.00%	0.36%	-	-	-	2.29%	-	-	-	0.99%	-
Cost of Revenue to Revenue	32.38%	32.69%	32.94%	32.56%	31.15%	32.47%	31.59%	30.48%	28.74%	31.78%	29.36%
SG&A Expenses to Revenue	53.25%	48.41%	52.87%	50.41%	54.03%	43.82%	48.06%	49.65%	54.32%	51.18%	46.34%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	67.79%	61.45%	73.22%	66.36%	68.48%	57.71%	61.42%	64.77%	68.52%	65.97%	61.92%
Earnings before Interest and Taxes (EBIT)	-0.21	9.74	-8.63	1.55	0.43	14	9.95	6.56	3.30	2.61	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1.79	12	-5.74	2.67	1.28	15	11	7.28	3.96	3.25	12
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.96	2.79	2.90	2.26	2.17	3.12	2.80	4.10	3.22	3.63	4.66
Price to Tangible Book Value (P/TBV)	1.96	2.79	2.90	2.26	2.17	3.12	2.80	4.10	3.22	3.63	4.66
Price to Revenue (P/Rev)	1.33	1.89	2.13	1.65	1.55	2.15	1.82	2.60	2.00	2.21	2.79
Price to Earnings (P/E)	630.57	386.44	107.86	48.57	38.18	51.93	62.01	99.23	72.64	52.72	44.89
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.16%	0.26%	0.93%	2.06%	2.62%	1.93%	1.61%	1.01%	1.38%	1.90%	2.23%
Enterprise Value to Invested Capital (EV/IC)	4.55	7.45	7.28	4.80	4.49	7.14	6.19	7.89	5.33	6.47	8.83
Enterprise Value to Revenue (EV/Rev)	0.83	1.40	1.62	1.16	1.08	1.70	1.40	2.25	1.70	1.89	2.47
Enterprise Value to EBITDA (EV/EBITDA)	45.36	79.50	66.96	21.51	17.11	23.31	30.25	45.72	30.42	24.58	23.00
Enterprise Value to EBIT (EV/EBIT)	190.39	251.28	116.94	24.42	18.83	27.29	33.98	50.53	32.94	25.86	23.77
Enterprise Value to NOPAT (EV/NOPAT)	3,167.04	1,812.00	199.07	47.05	33.73	49.18	57.55	98.53	66.47	46.45	40.20
Enterprise Value to Operating Cash Flow (EV/OCF)	5.93	9.59	12.49	6.23	5.09	9.20	8.94	67.50	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	16.53	29.83	154.24	19.96	11.51	25.31	28.21	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.70	-0.69	-0.68	-0.61	-0.58	-0.59	-0.60	-0.58	-0.59	-0.65	-0.66
Leverage Ratio	1.34	1.30	1.30	1.27	1.27	1.27	1.28	1.24	1.25	1.28	1.31
Compound Leverage Factor	-11.78	1.66	0.86	3.58	9.59	1.47	1.52	1.53	1.66	1.78	1.38
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	5.11	6.77	6.92	6.38	6.22	9.59	9.24	13.60	11.53	9.98	11.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.96	4.25	4.58	5.45	5.65	6.73	5.63	6.50	6.63	4.99	4.52
Quick Ratio	2.55	2.81	3.08	3.67	3.68	4.44	3.40	3.37	3.03	2.33	2.14
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	28	27	-4.75	19	34	26	19	-40	-89	-97	-98
Operating Cash Flow to CapEx	704.96%	904.43%	541.81%	183.91%	2,342.54%	306.39%	666.59%	3,495.96%	-373.19%	416.85%	-527.72%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.09	1.13	1.11	1.18	1.21	1.26	1.32	1.39	1.41	1.43	1.46
Accounts Receivable Turnover	93.79	69.04	65.26	58.02	118.49	76.13	74.32	88.80	154.23	108.70	74.57
Inventory Turnover	1.40	1.53	1.33	1.23	1.10	1.14	1.08	1.09	1.09	1.15	1.21
Fixed Asset Turnover	18.05	18.48	21.22	23.61	27.72	30.41	40.22	52.64	54.43	54.28	53.85
Accounts Payable Turnover	11.12	14.90	8.36	11.06	11.13	9.46	9.27	14.24	12.06	8.53	8.20
Days Sales Outstanding (DSO)	3.89	5.29	5.59	6.29	3.08	4.79	4.91	4.11	2.37	3.36	4.90
Days Inventory Outstanding (DIO)	261.01	238.15	274.31	297.46	331.20	321.34	338.79	336.03	334.97	318.34	300.88
Days Payable Outstanding (DPO)	32.82	24.49	43.64	32.99	32.80	38.58	39.37	25.64	30.26	42.81	44.53
Cash Conversion Cycle (CCC)	232.08	218.94	236.26	270.76	301.47	287.56	304.33	314.51	307.07	278.88	261.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	103	104	122	133	131	130	123	152	164	148	137
Invested Capital Turnover	4.81	4.74	4.48	3.87	3.69	3.92	4.20	4.10	4.33	5.16	5.69
Increase / (Decrease) in Invested Capital	-28	-26	-1.30	-18	-34	-18	-14	44	90	100	102
Enterprise Value (EV)	467	778	887	639	587	929	762	1,197	875	957	1,209
Market Capitalization	746	1,051	1,169	907	846	1,175	994	1,382	1,031	1,117	1,364
Book Value per Share	$2.35	$2.22	$2.36	$2.36	$2.29	$2.23	$2.11	$2.02	$1.92	$1.85	$1.77
Tangible Book Value per Share	$2.35	$2.22	$2.36	$2.36	$2.29	$2.23	$2.11	$2.02	$1.92	$1.85	$1.77
Total Capital	382	377	404	402	390	377	355	337	320	308	292
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-279	-273	-282	-269	-259	-247	-232	-185	-156	-160	-156
Capital Expenditures (CapEx)	1.31	3.36	4.17	8.99	0.50	6.62	8.12	0.84	0.77	1.09	2.53
Debt-free, Cash-free Net Working Capital (DFCFNWC)	48	48	58	72	75	82	93	127	141	125	114
Debt-free Net Working Capital (DFNWC)	299	293	340	341	334	328	325	312	297	285	269
Net Working Capital (NWC)	299	293	340	341	334	328	325	312	297	285	269
Net Nonoperating Expense (NNE)	0.11	-0.53	-4.34	-0.71	-1.24	-1.38	-0.98	-0.86	-0.47	-0.35	-0.21
Net Nonoperating Obligations (NNO)	-279	-273	-282	-269	-259	-247	-232	-185	-156	-160	-156
Total Depreciation and Amortization (D&A)	2.00	1.85	2.89	1.11	0.85	0.81	0.76	0.71	0.66	0.64	0.48
Debt-free, Cash-free Net Working Capital to Revenue	8.47%	8.55%	10.54%	13.09%	13.69%	14.97%	16.99%	23.90%	27.32%	24.78%	23.25%
Debt-free Net Working Capital to Revenue	53.24%	52.67%	61.89%	61.84%	61.27%	60.18%	59.53%	58.74%	57.53%	56.36%	55.03%
Net Working Capital to Revenue	53.24%	52.67%	61.89%	61.84%	61.27%	60.18%	59.53%	58.74%	57.53%	56.36%	55.03%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.01	($0.01)	$0.01	$0.01	$0.05	$0.04	$0.03	$0.01	$0.03	$0.02
Adjusted Weighted Average Basic Shares Outstanding	162.47M	169.20M	170.17M	170.39M	169.92M	168.07M	168.67M	167.42M	166.77M	165.27M	165.54M
Adjusted Diluted Earnings per Share	$0.00	$0.01	($0.01)	$0.01	$0.01	$0.06	$0.03	$0.02	$0.01	$0.01	$0.02
Adjusted Weighted Average Diluted Shares Outstanding	162.47M	180.10M	170.17M	179.69M	180.70M	182.41M	181.43M	183.33M	182.85M	187.55M	186.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	162.55M	162.52M	169.81M	170.86M	170.23M	169.91M	169.13M	168.47M	167.10M	166.59M	165.96M
Normalized Net Operating Profit after Tax (NOPAT)	-0.15	6.23	-6.04	1.09	0.31	8.62	5.16	3.72	2.31	3.04	7.85
Normalized NOPAT Margin	-0.12%	4.10%	-4.31%	0.75%	0.26%	5.95%	3.63%	2.69%	1.92%	2.10%	6.10%
Pre Tax Income Margin	1.49%	8.15%	-4.07%	3.04%	2.75%	11.39%	8.32%	5.85%	3.63%	2.51%	9.19%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	4,069.48%	1,671.10%	67.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About FIGS's Financials

When does FIGS's fiscal year end?

According to the most recent income statement we have on file, FIGS's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has FIGS's net income changed over the last 2 years?

FIGS's net income appears to be on a downward trend, with a most recent value of $2.72 million in 2024, falling from $21.19 million in 2022. The previous period was $22.64 million in 2023. View FIGS's forecast to see where analysts expect FIGS to go next.

What is FIGS's operating income?

FIGS's total operating income in 2024 was $2.27 million, based on the following breakdown:

Total Gross Profit: $375.62 million
Total Operating Expenses: $373.36 million

How has FIGS revenue changed over the last 2 years?

Over the last 2 years, FIGS's total revenue changed from $505.84 million in 2022 to $555.56 million in 2024, a change of 9.8%.

How much debt does FIGS have?

FIGS's total liabilities were at $132.66 million at the end of 2024, a 37.7% increase from 2023, and a 51.9% increase since 2022.

How much cash does FIGS have?

In the past 2 years, FIGS's cash and equivalents has ranged from $85.65 million in 2024 to $159.78 million in 2022, and is currently $85.65 million as of their latest financial filing in 2024.

How has FIGS's book value per share changed over the last 2 years?

Over the last 2 years, FIGS's book value per share changed from 1.85 in 2022 to 2.22 in 2024, a change of 19.8%.

Related Companies

This page (NYSE:FIGS) was last updated on 5/21/2025 by MarketBeat.com Staff

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FIGS (FIGS) Financials

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FIGS (FIGS) Financials

Annual Income Statements for FIGS

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