Figs (FIGS) Operating Leases (2022 - 2026)
Figs (FIGS) posted quarterly Operating Leases of $52.3 million for Q1 2026, up 31.74% year-over-year from $39.7 million in Q1 2025, and up 0.98% quarter-over-quarter from $51.8 million in Q4 2025.
Figs (FIGS) Operating Leases (2022 - 2026) Analysis & Trends
Figs (FIGS) has reported Operating Leases for 5 consecutive years, with $52.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases rose 31.74% year-over-year to $52.3 million; the TTM figure through Mar 2026 stood at $52.3 million (up 31.74% YoY), while the FY2025 annual figure was $51.8 million, up 22.15% from the prior year.
- Operating Leases rose to $52.3 million in Q1 2026 per FIGS's latest filing, from $51.8 million in the prior quarter.
- Across five years, Operating Leases topped out at $59.3 million in Q2 2024 and bottomed at $15.0 million in Q1 2023.
- Historically, Operating Leases has averaged $35.6 million across 5 years, with a median of $39.7 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Leases jumped 289.0% — and 2025, when it slumped 31.85%.
- Figs' Operating Leases stood at $15.8 million in 2022, then soared by 146.79% to $38.9 million in 2023, then gained by 9.12% to $42.4 million in 2024, then rose by 22.15% to $51.8 million in 2025, then advanced by 0.98% to $52.3 million in 2026.
- Business Quant data shows FIGS's Operating Leases at $52.3 million in Q1 2026, $51.8 million in Q4 2025, and $54.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ralph Lauren | 22.40 Bn | 20.45 Bn | 1.44 Bn |
| 2 | Gildan Activewear | 10.27 Bn | 10.00 Bn | 459.76 Mn |
| 3 | Levi Strauss | 8.21 Bn | 7.24 Bn | 979.10 Mn |
| 4 | V F | 5.48 Bn | 4.81 Bn | 917.04 Mn |
| 5 | Kontoor Brands | 4.35 Bn | 4.30 Bn | 328.26 Mn |
| 6 | Ermenegildo Zegna | 3.54 Bn | 3.19 Bn | - |
| 7 | Pvh | 3.49 Bn | 2.90 Bn | 1.19 Bn |
| 8 | Columbia Sportswear | 3.04 Bn | 2.42 Bn | 358.43 Mn |
| 9 | Figs | 2.39 Bn | 2.09 Bn | 147.86 Mn |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 48.67 Mn |
| Mar 31, 2026 | 52.34 Mn |
| Dec 31, 2025 | 51.83 Mn |
| Sep 30, 2025 | 54.12 Mn |
| Jun 30, 2025 | 42.15 Mn |
| Mar 31, 2025 | 39.73 Mn |
| Dec 31, 2024 | 42.43 Mn |
| Sep 30, 2024 | 44.05 Mn |
| Jun 30, 2024 | 59.28 Mn |
| Mar 31, 2024 | 58.29 Mn |
| Dec 31, 2023 | 38.88 Mn |
| Sep 30, 2023 | 16.19 Mn |
| Jun 30, 2023 | 17.09 Mn |
| Mar 31, 2023 | 14.98 Mn |
| Dec 31, 2022 | 15.76 Mn |
| Sep 30, 2022 | 19.90 Mn |
| Jun 30, 2022 | 20.27 Mn |
| Mar 31, 2022 | 17.97 Mn |