FIGS (FIGS) Balance Sheet: Assets & Liabilities

FIGS (FIGS) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), FIGS reported total assets of $580.00M and total liabilities of $142.53M. Shareholders' equity was $437.46M, up 16.0% from $377.13M a year earlier. Total debt stood at $60.00M against $300.85M in cash and short-term investments, a net cash position of $240.84M. That puts debt-to-equity at 0.14, compared with 0.14 a year earlier.

FIGS Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for FIGS, Inc. (FIGS) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	81.99	85.65	144.17	159.78	195.37	58.13	38.35
Short-Term Investments	218.86	159.47	102.52	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	300.85	245.11	246.70	159.78	195.37	58.13	38.35
Accounts Receivable	5.35	8.63	7.47	6.29	1.65	5.78	1.76
Inventory	127.97	115.76	119.04	177.98	86.07	49.74	14.30
Other Current Assets	1.12	13.27	12.46	1.02	1.16	6.67	1.99
Total Current Assets	447.29	382.77	385.66	356.50	293.34	120.31	56.40
Non-Current Assets
Property, Plant & Equipment (Net)	91.07	85.77	67.92	26.34	7.61	6.53	5.75
Long-Term Investments	27.74	27.53	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	1.72	2.07	1.34	1.26	0.56	7.01	0.45
Total Non-Current Assets	132.71	127.02	87.55	38.56	18.41	13.54	6.20
Total Assets	580.00	509.79	473.21	395.06	311.75	133.86	62.60
Current Liabilities
Accounts Payable	18.19	9.40	14.75	20.91	14.60	11.97	10.52
Short-Term Debt	8.18	10.60	8.23	3.41	0.00	0.00	0.00
Accrued Liabilities	20.53	42.32	7.91	26.16	24.68	10.90	-
Deferred Revenue	16.11	4.61	10.40	10.67	6.19	4.80	0.99
Other Current Liabilities	43.79	61.83	18.21	7.88	5.59	4.86	6.80
Total Current Liabilities	90.52	90.14	57.29	71.39	62.39	32.52	20.86
Non-Current Liabilities
Long-Term Debt	51.83	42.43	38.88	15.76	0.00	0.00	0.00
Other Non-Current Liabilities	0.18	0.08	0.18	0.18	0.24	3.66	2.93
Total Non-Current Liabilities	52.01	42.51	39.07	15.93	3.79	3.66	2.93
Total Liabilities	142.53	132.66	96.36	87.33	66.18	36.18	23.78
Stockholders' Equity
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Retained Earnings	98.72	64.47	61.75	39.12	17.93	27.49	-22.27
Accumulated Other Comprehensive Income	0.20	0.02	0.01	0.00	0.00	0.00	0.00
Additional Paid-in Capital	338.53	312.62	315.08	268.61	227.63	70.18	61.07
Shares Outstanding	165.84	162.29	169.74	166.56	164.26	-	-
Total Stockholders' Equity	437.46	377.13	376.85	307.74	245.57	97.68	38.81
Total Liabilities & Equity	580.00	509.79	473.21	395.06	311.75	133.86	62.60

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About FIGS Balance Sheet

How much debt does FIGS have?

FIGS had total debt of $60.00M as of Dec 31, 2025, against $300.85M in cash and short-term investments. Its debt-to-equity ratio was 0.14. Total debt was $53.03M a year earlier.

What are FIGS's total assets?

FIGS reported total assets of $580.00M as of Dec 31, 2025, up 13.8% from $509.79M a year earlier. Total liabilities were $142.53M.

What is FIGS's shareholders' equity?

FIGS's shareholders' equity was $437.46M as of Dec 31, 2025, or about $2.64 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition