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Side-by-side financial comparison of FGI Industries Ltd. (FGI) and FRANKLIN STREET PROPERTIES CORP (FSP). Click either name above to swap in a different company.
FGI Industries Ltd. is the larger business by last-quarter revenue ($30.5M vs $26.0M, roughly 1.2× FRANKLIN STREET PROPERTIES CORP). FGI Industries Ltd. runs the higher net margin — -8.6% vs -28.1%, a 19.5% gap on every dollar of revenue. On growth, FRANKLIN STREET PROPERTIES CORP posted the faster year-over-year revenue change (-8.2% vs -14.4%). FGI Industries Ltd. produced more free cash flow last quarter ($2.3M vs $-12.7M). Over the past eight quarters, FGI Industries Ltd.'s revenue compounded faster (-0.5% CAGR vs -8.7%).
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.
Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.
FGI vs FSP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.5M | $26.0M |
| Net Profit | $-2.6M | $-7.3M |
| Gross Margin | 26.7% | 59.4% |
| Operating Margin | -2.2% | -27.9% |
| Net Margin | -8.6% | -28.1% |
| Revenue YoY | -14.4% | -8.2% |
| Net Profit YoY | -553.1% | 14.1% |
| EPS (diluted) | $-1.63 | $-0.06 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $30.5M | $26.0M | ||
| Q3 25 | $35.8M | $27.3M | ||
| Q2 25 | $31.0M | $26.7M | ||
| Q1 25 | $33.2M | $27.1M | ||
| Q4 24 | $35.6M | $28.4M | ||
| Q3 24 | $36.1M | $29.7M | ||
| Q2 24 | $29.4M | $30.8M | ||
| Q1 24 | $30.8M | $31.2M |
| Q4 25 | $-2.6M | $-7.3M | ||
| Q3 25 | $-1.7M | $-8.3M | ||
| Q2 25 | $-1.2M | $-7.9M | ||
| Q1 25 | $-629.1K | $-21.4M | ||
| Q4 24 | $-402.3K | $-8.5M | ||
| Q3 24 | $-550.1K | $-15.6M | ||
| Q2 24 | $163.6K | $-21.0M | ||
| Q1 24 | $-412.2K | $-7.6M |
| Q4 25 | 26.7% | 59.4% | ||
| Q3 25 | 26.5% | 60.9% | ||
| Q2 25 | 28.1% | 59.9% | ||
| Q1 25 | 26.8% | 62.8% | ||
| Q4 24 | 24.6% | 59.7% | ||
| Q3 24 | 25.8% | 61.0% | ||
| Q2 24 | 30.5% | 64.2% | ||
| Q1 24 | 27.4% | 64.7% |
| Q4 25 | -2.2% | -27.9% | ||
| Q3 25 | 1.0% | -30.5% | ||
| Q2 25 | -2.7% | -29.2% | ||
| Q1 25 | -3.9% | -78.9% | ||
| Q4 24 | -3.5% | -29.9% | ||
| Q3 24 | -0.2% | -52.4% | ||
| Q2 24 | -1.5% | -68.0% | ||
| Q1 24 | -1.0% | -24.0% |
| Q4 25 | -8.6% | -28.1% | ||
| Q3 25 | -4.6% | -30.5% | ||
| Q2 25 | -4.0% | -29.5% | ||
| Q1 25 | -1.9% | -79.1% | ||
| Q4 24 | -1.1% | -30.0% | ||
| Q3 24 | -1.5% | -52.6% | ||
| Q2 24 | 0.6% | -68.2% | ||
| Q1 24 | -1.3% | -24.2% |
| Q4 25 | $-1.63 | $-0.06 | ||
| Q3 25 | $-0.86 | $-0.08 | ||
| Q2 25 | $-0.64 | $-0.08 | ||
| Q1 25 | $-0.07 | $-0.21 | ||
| Q4 24 | $-0.38 | $-0.09 | ||
| Q3 24 | $-0.29 | $-0.15 | ||
| Q2 24 | $0.08 | $-0.20 | ||
| Q1 24 | $-0.04 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9M | $30.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $17.3M | $607.0M |
| Total Assets | $69.5M | $892.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9M | $30.6M | ||
| Q3 25 | $1.9M | $31.4M | ||
| Q2 25 | $2.5M | $29.4M | ||
| Q1 25 | $1.2M | $30.2M | ||
| Q4 24 | $4.6M | $41.1M | ||
| Q3 24 | $3.0M | $40.9M | ||
| Q2 24 | $1.3M | $30.2M | ||
| Q1 24 | $3.3M | $34.2M |
| Q4 25 | $17.3M | $607.0M | ||
| Q3 25 | $19.7M | $615.3M | ||
| Q2 25 | $21.3M | $624.7M | ||
| Q1 25 | $21.8M | $633.4M | ||
| Q4 24 | $22.3M | $655.9M | ||
| Q3 24 | $23.5M | $665.4M | ||
| Q2 24 | $23.8M | $682.1M | ||
| Q1 24 | $23.9M | $703.9M |
| Q4 25 | $69.5M | $892.9M | ||
| Q3 25 | $73.0M | $901.0M | ||
| Q2 25 | $71.7M | $903.2M | ||
| Q1 25 | $68.5M | $916.4M | ||
| Q4 24 | $75.5M | $946.9M | ||
| Q3 24 | $74.7M | $981.5M | ||
| Q2 24 | $69.9M | $1.0B | ||
| Q1 24 | $68.6M | $1.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.3M | $3.8M |
| Free Cash FlowOCF − Capex | $2.3M | $-12.7M |
| FCF MarginFCF / Revenue | 7.5% | -48.6% |
| Capex IntensityCapex / Revenue | 0.2% | 63.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-212.5K | $-25.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3M | $3.8M | ||
| Q3 25 | $-1.9M | $8.3M | ||
| Q2 25 | $7.6M | $-2.9M | ||
| Q1 25 | $-7.4M | $-5.5M | ||
| Q4 24 | $617.4K | $9.0M | ||
| Q3 24 | $-915.0K | $14.5M | ||
| Q2 24 | $862.1K | $-648.0K | ||
| Q1 24 | $-8.0M | $-7.1M |
| Q4 25 | $2.3M | $-12.7M | ||
| Q3 25 | $-2.1M | $3.0M | ||
| Q2 25 | $7.4M | $-5.7M | ||
| Q1 25 | $-7.7M | $-9.9M | ||
| Q4 24 | $-214.1K | $-16.2M | ||
| Q3 24 | $-1.1M | $8.6M | ||
| Q2 24 | $281.5K | $-5.1M | ||
| Q1 24 | $-8.6M | $-15.8M |
| Q4 25 | 7.5% | -48.6% | ||
| Q3 25 | -5.9% | 11.0% | ||
| Q2 25 | 23.8% | -21.5% | ||
| Q1 25 | -23.3% | -36.7% | ||
| Q4 24 | -0.6% | -57.2% | ||
| Q3 24 | -3.0% | 29.1% | ||
| Q2 24 | 1.0% | -16.7% | ||
| Q1 24 | -28.0% | -50.8% |
| Q4 25 | 0.2% | 63.0% | ||
| Q3 25 | 0.7% | 19.4% | ||
| Q2 25 | 0.7% | 10.7% | ||
| Q1 25 | 1.1% | 16.4% | ||
| Q4 24 | 2.3% | 88.9% | ||
| Q3 24 | 0.5% | 19.6% | ||
| Q2 24 | 2.0% | 14.6% | ||
| Q1 24 | 2.0% | 28.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.27× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FGI
| Sanitaryware | $19.1M | 63% |
| Shower System | $5.8M | 19% |
| Kitchen And Bath Other | $3.3M | 11% |
| Bath Furniture Products | $2.3M | 7% |
FSP
Segment breakdown not available.
