FGI Industries Ltd.

FGI Industries Ltd.FGIEarnings & Financial Report

Nasdaq · Consumer Discretionary · Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures

FGI Industries Ltd is a global designer, manufacturer and distributor of kitchen and bath products, home organization solutions, and home improvement goods. It serves major retail chains, home specialty stores and e-commerce platforms across North America, Europe and the Asia-Pacific region.

Revenue

$31.0M

Gross Profit

$8.7M

Operating Profit

$-832.3K

Net Profit

$-1.2M

Gross Margin

28.1%

Operating Margin

-2.7%

Net Margin

-4.0%

YoY Growth

5.5%

EPS

$-0.64

FGI Industries Ltd. Q2 FY2025 Financial Summary

FGI Industries Ltd. reported revenue of $31.0M (up 5.5% YoY) for Q2 FY2025, with a net profit of $-1.2M (down 852.9% YoY) (-4.0% margin). Cost of goods sold was $22.3M, operating expenses totaled $9.5M.

Key Financial Metrics

Total Revenue$31.0M
Net Profit$-1.2M
Gross Margin28.1%
Operating Margin-2.7%
Report PeriodQ2 FY2025

FGI Industries Ltd. Annual Revenue by Year

FGI Industries Ltd. annual revenue history includes year-by-year totals (for example, 2025 revenue was $130.5M).

YearAnnual Revenue
2025$130.5M
2024$131.8M
2023$117.2M
2022$161.7M

FGI Industries Ltd. Quarterly Revenue & Net Profit History

FGI Industries Ltd. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$30.5M-14.4%$-2.6M-8.6%
Q3 FY2025$35.8M-0.7%$-1.7M-4.6%
Q2 FY2025$31.0M+5.5%$-1.2M-4.0%
Q1 FY2025$33.2M+8.0%$-629.1K-1.9%
Q4 FY2024$35.6M+15.0%$-402.3K-1.1%
Q3 FY2024$36.1M+20.6%$-550.1K-1.5%
Q2 FY2024$29.4M+0.6%$163.6K0.6%
Q1 FY2024$30.8M+13.2%$-412.2K-1.3%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$30.8M$29.4M$36.1M$35.6M$33.2M$31.0M$35.8M$30.5M
YoY Growth13.2%0.6%20.6%15.0%8.0%5.5%-0.7%-14.4%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$68.6M$69.9M$74.7M$75.5M$68.5M$71.7M$73.0M$69.5M
Liabilities$45.0M$46.5M$51.8M$53.9M$47.5M$51.4M$54.6M$53.9M
Equity$23.9M$23.8M$23.5M$22.3M$21.8M$21.3M$19.7M$17.3M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-8.0M$862121$-914967$617428$-7.4M$7.6M$-1.9M$2.3M