Figs (FIGS) Tax Rate (2020 - 2026)
Figs (FIGS) posted Tax Rate of 23.05% for Q2 2026, down 17.94 percentage points from 40.99% a year earlier but up 19.95 percentage points from the prior quarter.
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Analysis
Figs (FIGS) Tax Rate (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Figs was 19.26%, down 46.00 percentage points year-over-year; for FY2025, it was 27.45%, down 53.58 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +13.12 percentage points (FY2020 to FY2025).
- In prior years, Figs' Tax Rate was 81.03% in FY2024 (+36.51 pp), 44.53% in FY2023 (-0.77 pp), 45.29% in FY2022 (-151.63 pp) and 196.93% in FY2021 (+182.60 pp).
- Quarterly Tax Rate has run from a low of 3.10% in Q1 2026 to a high of 107.30% in Q1 2025 over five years.
- On a year-over-year basis, Tax Rate has declined in each of the last five quarters, with an average year-over-year change of -19.06 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2022, with a gain of 75.85 percentage points; the weakest was Q1 2026, with a drop of 104.19 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 3.10% (Q1 2026), 13.33% (Q4 2025) and 26.87% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 50.34 Bn | 16.54 Bn | 4.80 Bn | 22.69% |
| 2 | Tapestry | 23.66 Bn | 19.62 Bn | 1.56 Bn | 18.89% |
| 3 | Ralph Lauren | 21.85 Bn | 13.95 Bn | 1.44 Bn | 23.38% |
| 4 | Deckers Outdoor | 11.26 Bn | 4.14 Bn | - | - |
| 5 | Lululemon Athletica | 10.07 Bn | 4.32 Bn | 1.46 Bn | 29.56% |
| 6 | Levi Strauss | 7.67 Bn | 4.32 Bn | 979.10 Mn | 22.42% |
| 7 | Gildan Activewear | 6.27 Bn | 5.26 Bn | 459.76 Mn | 15.21% |
| 8 | Birkenstock Holding | 6.13 Bn | 4.43 Bn | 493.89 Mn | - |
| 9 | Crocs | 5.68 Bn | 5.09 Bn | 700.71 Mn | 22.37% |
| 10 | Figs | 2.13 Bn | 1.01 Bn | 147.86 Mn | 23.05% |
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% |
| 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% |
| Mar 31, 2021 | 28.71% |
API Access
Figs Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FIGS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FIGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FIGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();