Figs (FIGS) Tax Provisions (2020 - 2026)
Figs (FIGS) posted quarterly Tax Provisions of $200000.0 for Q1 2026, down 90.0% year-over-year from $2.0 million in Q1 2025, and down 92.97% quarter-over-quarter from $2.8 million in Q4 2025.
Figs (FIGS) Tax Provisions (2020 - 2026) Analysis & Trends
Figs (FIGS) has reported Tax Provisions for 7 consecutive years, with $200000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 90.0% year-over-year to $200000.0; the TTM figure through Mar 2026 stood at $11.2 million (down 5.12% YoY), while the FY2025 annual figure was $13.0 million, up 11.51% from the prior year.
- Tax Provisions slipped to $200000.0 in Q1 2026 per FIGS's latest filing, from $2.8 million in the prior quarter.
- Across five years, Tax Provisions topped out at $10.5 million in Q4 2024 and bottomed at -$4.0 million in Q3 2024.
- Historically, Tax Provisions has averaged $3.6 million across 5 years, with a median of $3.3 million in 2024.
- Annual changes were most pronounced in 2023 — Tax Provisions jumped 2600.0% — and 2024, when it plunged 170.18%.
- Figs' Tax Provisions stood at $241000.0 in 2022, then surged by 2600.0% to $6.5 million in 2023, then soared by 61.29% to $10.5 million in 2024, then plunged by 72.88% to $2.8 million in 2025, then slumped by 92.97% to $200000.0 in 2026.
- Business Quant data shows FIGS's Tax Provisions at $200000.0 in Q1 2026, $2.8 million in Q4 2025, and $3.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.40 Bn | 20.45 Bn | 1.44 Bn | 80.00 Mn |
| 2 | Gildan Activewear | 10.27 Bn | 10.00 Bn | 459.76 Mn | 16.21 Mn |
| 3 | Levi Strauss | 8.21 Bn | 7.24 Bn | 979.10 Mn | 27.40 Mn |
| 4 | V F | 5.48 Bn | 4.81 Bn | 917.04 Mn | -9.74 Mn |
| 5 | Kontoor Brands | 4.35 Bn | 4.30 Bn | 328.26 Mn | 18.53 Mn |
| 6 | Ermenegildo Zegna | 3.54 Bn | 3.19 Bn | - | - |
| 7 | Pvh | 3.49 Bn | 2.90 Bn | 1.19 Bn | 20.50 Mn |
| 8 | Columbia Sportswear | 3.04 Bn | 2.42 Bn | 358.43 Mn | 9.73 Mn |
| 9 | Figs | 2.39 Bn | 2.09 Bn | 147.86 Mn | 8.50 Mn |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 28.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.50 Mn |
| Mar 31, 2026 | 200,000.00 |
| Dec 31, 2025 | 2.85 Mn |
| Sep 30, 2025 | 3.21 Mn |
| Jun 30, 2025 | 4.93 Mn |
| Mar 31, 2025 | 2.00 Mn |
| Dec 31, 2024 | 10.50 Mn |
| Sep 30, 2024 | -4.00 Mn |
| Jun 30, 2024 | 3.30 Mn |
| Mar 31, 2024 | 1.85 Mn |
| Dec 31, 2023 | 6.51 Mn |
| Sep 30, 2023 | 5.70 Mn |
| Jun 30, 2023 | 3.50 Mn |
| Mar 31, 2023 | 2.50 Mn |
| Dec 31, 2022 | 241,000.00 |
| Sep 30, 2022 | 7.80 Mn |
| Jun 30, 2022 | 4.67 Mn |
| Mar 31, 2022 | 4.85 Mn |
| Dec 31, 2021 | 3.72 Mn |
| Sep 30, 2021 | 2.70 Mn |