Figs annual net debt
2021
2022
2023
2024
2025
Figs Net Debt Growth & History (FIGS)
Figs's net debt was −$22.0M for fiscal 2025.
View full Figs company overviewFigs annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$22.0M | $10.6M | — |
| 2024 | 2024-12-31 | −$32.6M | $64.4M | — |
| 2023 | 2023-12-31 | −$97.1M | $43.6M | — |
| 2022 | 2022-12-31 | −$140.6M | $54.8M | — |
| 2021 | 2021-12-31 | −$195.4M | — | — |
Figs quarterly net debt
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$50.9M | −$51.7M | — |
| Q1 2026 | 2026-03-31 | −$13.7M | $25.0M | — |
| Q4 2025 | 2025-12-31 | −$22.0M | $10.6M | — |
| Q3 2025 | 2025-09-30 | $7.7M | $75.9M | — |
| Q2 2025 | 2025-06-30 | $846,000 | $73.4M | — |
| Q1 2025 | 2025-03-31 | −$38.7M | $58.4M | — |
| Q4 2024 | 2024-12-31 | −$32.6M | $64.4M | — |
| Q3 2024 | 2024-09-30 | −$68.2M | $94.6M | — |
| Q2 2024 | 2024-06-30 | −$72.5M | $53.3M | — |
| Q1 2024 | 2024-03-31 | −$97.0M | $40.4M | — |
| Q4 2023 | 2023-12-31 | −$97.1M | $43.6M | — |
| Q3 2023 | 2023-09-30 | −$162.8M | −$27.1M | — |
| Q2 2023 | 2023-06-30 | −$125.8M | $24.1M | — |
| Q1 2023 | 2023-03-31 | −$137.5M | $31.2M | — |
| Q4 2022 | 2022-12-31 | −$140.6M | $54.8M | — |
| Q3 2022 | 2022-09-30 | −$135.7M | — | — |
| Q2 2022 | 2022-06-30 | −$149.9M | — | — |
| Q1 2022 | 2022-03-31 | −$168.6M | — | — |
| Q4 2021 | 2021-12-31 | −$195.4M | — | — |
Figs net debt trends
Between the periods ended 2021-12-31 and 2025-12-31, Figs's net debt increased from −$195.4M to −$22.0M, a change of $173.4M. The latest reported quarter, Q2 2026, shows −$50.9M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Figs source filings ↗