Figs (FIGS) Tax Rate (2020 - 2026)
Figs' (FIGS) quarterly Tax Rate came in at 23.05% in Q2 2026, down 1794.0% year-over-year from 1.36% in Q2 2025, and up 642.87% quarter-over-quarter from 3.1% in Q1 2026.
Analysis
Figs (FIGS) Tax Rate (2020 - 2026) Analysis & Trends
Figs (FIGS) has reported Tax Rate for 7 consecutive years, with 23.05% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 1794.0% year-over-year to 23.05% in Q2 2026; TTM through Jun 2026 was 19.26%, a 4600.0% decrease from a year earlier, with the FY2025 full-year figure at 27.45%, down 5358.0% from the prior year.
- Tax Rate was 23.05% for Q2 2026 at Figs, up from 3.1% in the prior quarter.
- Over five years, Tax Rate peaked at 107.3% in Q1 2025 and troughed at 3.1% in Q1 2026.
- A 5-year average of 47.04% and a median of 45.72% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 7585 bps in 2022 and slumped 10419 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 6.62% in 2022, then surged by 492 bps to 39.2% in 2023, then soared by 116 bps to 84.77% in 2024, then sank by 84 bps to 13.33% in 2025, then surged by 73 bps to 23.05% in 2026.
- The last three Tax Rate figures came in at 23.05% (Q2 2026), 3.1% (Q1 2026), and 13.33% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.94 Bn | 9.55 Bn | 1.46 Bn | 29.56% |
| 2 | Gildan Activewear | 7.84 Bn | 7.57 Bn | 459.76 Mn | 15.21% |
| 3 | Levi Strauss | 7.76 Bn | 6.78 Bn | 979.10 Mn | 22.42% |
| 4 | V F | 4.94 Bn | 4.27 Bn | 917.04 Mn | 9.11% |
| 5 | Kontoor Brands | 3.65 Bn | 3.59 Bn | 328.26 Mn | 25.40% |
| 6 | Pvh | 3.19 Bn | 2.22 Bn | 1.32 Bn | 49.21% |
| 7 | Warby Parker | 3.02 Bn | 2.72 Bn | 136.46 Mn | 11.56% |
| 8 | Columbia Sportswear | 2.89 Bn | 2.27 Bn | 358.43 Mn | 26.82% |
| 9 | Figs | 2.16 Bn | 1.86 Bn | 147.86 Mn | 23.05% |
| 10 | Under Armour | 2.07 Bn | 1.67 Bn | 593.83 Mn | 97.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.05% |
| Mar 31, 2026 | 3.10% |
| Dec 31, 2025 | 13.33% |
| Sep 30, 2025 | 26.87% |
| Jun 30, 2025 | 40.99% |
| Mar 31, 2025 | 107.30% |
| Dec 31, 2024 | 84.77% |
| Sep 30, 2024 | 70.18% |
| Jun 30, 2024 | 75.29% |
| Mar 31, 2024 | 56.25% |
| Dec 31, 2023 | 39.20% |
| Sep 30, 2023 | 48.13% |
| Jun 30, 2023 | 43.31% |
| Mar 31, 2023 | 57.23% |
| Dec 31, 2022 | 6.62% |
| Sep 30, 2022 | 66.02% |
| Jun 30, 2022 | 49.36% |
| Mar 31, 2022 | 35.63% |
| Dec 31, 2021 | 22.78% |
| Sep 30, 2021 | 28.07% |