Figs (FIGS) Tax Rate (2020 - 2026)
Figs (FIGS) reported Tax Rate of 3.1% for Q1 2026, down 10237.0% year-over-year from N/an in Q1 2025, and down 76.72% quarter-over-quarter from 13.33% in Q4 2025.
Figs (FIGS) Tax Rate (2020 - 2026) Analysis & Trends
Figs (FIGS) has 7 years of Tax Rate data on file, last reported at 3.1% in Q1 2026.
- Tax Rate for Q1 2026 came in at 3.1%, down 10237.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.52% (down 6953.0% YoY), and the FY2025 annual result was 27.45%, down 5358.0% from the prior year.
- Tax Rate slipped to 3.1% in Q1 2026 per FIGS's latest filing, from 13.33% in the prior quarter.
- Over five years, Tax Rate peaked at 105.47% in Q1 2025 and troughed at 3.1% in Q1 2026.
- A 5-year average of 48.26% and a median of 48.11% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2026: Tax Rate jumped 7538 bps in 2022, then slumped 10237 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 6.62% in 2022, then surged by 495 bps to 39.42% in 2023, then soared by 116 bps to 84.98% in 2024, then sank by 84 bps to 13.33% in 2025, then tumbled by 77 bps to 3.1% in 2026.
- Business Quant data shows FIGS's Tax Rate at 3.1% in Q1 2026, 13.33% in Q4 2025, and 26.76% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 21.49 |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | 22.39 |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | 26.97 |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 28.54 |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 18.89 |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 27.43 |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | -2.04 |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 3.10 |
| 10 | G Iii Apparel | 1.45 Bn | 1.06 Bn | 347.75 Mn | 22.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.10% |
| Mar 31, 2026 | 3.10% |
| Dec 31, 2025 | 13.33% |
| Dec 31, 2025 | 13.33% |
| Sep 30, 2025 | 26.76% |
| Sep 30, 2025 | 26.76% |
| Jun 30, 2025 | 40.73% |
| Jun 30, 2025 | 40.73% |
| Mar 31, 2025 | 105.47% |
| Mar 31, 2025 | 105.47% |
| Dec 31, 2024 | 84.98% |
| Dec 31, 2024 | 84.98% |
| Sep 30, 2024 | 70.16% |
| Sep 30, 2024 | 70.16% |
| Jun 30, 2024 | 74.90% |
| Jun 30, 2024 | 74.90% |
| Mar 31, 2024 | 56.25% |
| Mar 31, 2024 | 56.25% |
| Dec 31, 2023 | 39.42% |
| Dec 31, 2023 | 39.42% |