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Side-by-side financial comparison of FGI Industries Ltd. (FGI) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.
FGI Industries Ltd. is the larger business by last-quarter revenue ($30.5M vs $23.6M, roughly 1.3× GENCOR INDUSTRIES INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -8.6%, a 23.2% gap on every dollar of revenue. On growth, FGI Industries Ltd. posted the faster year-over-year revenue change (-14.4% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $2.3M). Over the past eight quarters, FGI Industries Ltd.'s revenue compounded faster (-0.5% CAGR vs -23.9%).
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.
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
FGI vs GENC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $30.5M | $23.6M |
| Net Profit | $-2.6M | $3.4M |
| Gross Margin | 26.7% | 28.7% |
| Operating Margin | -2.2% | 13.2% |
| Net Margin | -8.6% | 14.6% |
| Revenue YoY | -14.4% | -25.0% |
| Net Profit YoY | -553.1% | -9.8% |
| EPS (diluted) | $-1.63 | $0.23 |
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 | $23.6M | ||
| Q3 25 | $35.8M | $18.8M | ||
| Q2 25 | $31.0M | $27.0M | ||
| Q1 25 | $33.2M | $38.2M | ||
| Q4 24 | $35.6M | $31.4M | ||
| Q3 24 | $36.1M | $20.9M | ||
| Q2 24 | $29.4M | $25.6M | ||
| Q1 24 | $30.8M | $40.7M |
| Q4 25 | $-2.6M | $3.4M | ||
| Q3 25 | $-1.7M | $1.9M | ||
| Q2 25 | $-1.2M | $3.8M | ||
| Q1 25 | $-629.1K | $6.1M | ||
| Q4 24 | $-402.3K | $3.8M | ||
| Q3 24 | $-550.1K | $1.5M | ||
| Q2 24 | $163.6K | $2.6M | ||
| Q1 24 | $-412.2K | $6.2M |
| Q4 25 | 26.7% | 28.7% | ||
| Q3 25 | 26.5% | 24.2% | ||
| Q2 25 | 28.1% | 26.5% | ||
| Q1 25 | 26.8% | 29.7% | ||
| Q4 24 | 24.6% | 27.6% | ||
| Q3 24 | 25.8% | 25.6% | ||
| Q2 24 | 30.5% | 23.9% | ||
| Q1 24 | 27.4% | 30.3% |
| Q4 25 | -2.2% | 13.2% | ||
| Q3 25 | 1.0% | -1.2% | ||
| Q2 25 | -2.7% | 11.6% | ||
| Q1 25 | -3.9% | 17.0% | ||
| Q4 24 | -3.5% | 14.7% | ||
| Q3 24 | -0.2% | 5.9% | ||
| Q2 24 | -1.5% | 7.8% | ||
| Q1 24 | -1.0% | 17.4% |
| Q4 25 | -8.6% | 14.6% | ||
| Q3 25 | -4.6% | 10.2% | ||
| Q2 25 | -4.0% | 14.2% | ||
| Q1 25 | -1.9% | 16.0% | ||
| Q4 24 | -1.1% | 12.1% | ||
| Q3 24 | -1.5% | 6.9% | ||
| Q2 24 | 0.6% | 10.0% | ||
| Q1 24 | -1.3% | 15.3% |
| Q4 25 | $-1.63 | $0.23 | ||
| Q3 25 | $-0.86 | $0.13 | ||
| Q2 25 | $-0.64 | $0.26 | ||
| Q1 25 | $-0.07 | $0.42 | ||
| Q4 24 | $-0.38 | $0.26 | ||
| Q3 24 | $-0.29 | $0.10 | ||
| Q2 24 | $0.08 | $0.17 | ||
| Q1 24 | $-0.04 | $0.42 |
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 | $147.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $17.3M | $215.2M |
| Total Assets | $69.5M | $228.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9M | $147.7M | ||
| Q3 25 | $1.9M | $136.3M | ||
| Q2 25 | $2.5M | $136.0M | ||
| Q1 25 | $1.2M | $143.7M | ||
| Q4 24 | $4.6M | $130.1M | ||
| Q3 24 | $3.0M | $115.4M | ||
| Q2 24 | $1.3M | $116.6M | ||
| Q1 24 | $3.3M | $117.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $17.3M | $215.2M | ||
| Q3 25 | $19.7M | $211.8M | ||
| Q2 25 | $21.3M | $209.9M | ||
| Q1 25 | $21.8M | $206.1M | ||
| Q4 24 | $22.3M | $200.0M | ||
| Q3 24 | $23.5M | $196.1M | ||
| Q2 24 | $23.8M | $194.7M | ||
| Q1 24 | $23.9M | $192.1M |
| Q4 25 | $69.5M | $228.9M | ||
| Q3 25 | $73.0M | $222.6M | ||
| Q2 25 | $71.7M | $220.2M | ||
| Q1 25 | $68.5M | $223.9M | ||
| Q4 24 | $75.5M | $218.2M | ||
| Q3 24 | $74.7M | $208.1M | ||
| Q2 24 | $69.9M | $201.8M | ||
| Q1 24 | $68.6M | $206.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $11.1M |
| Free Cash FlowOCF − Capex | $2.3M | $10.1M |
| FCF MarginFCF / Revenue | 7.5% | 43.0% |
| Capex IntensityCapex / Revenue | 0.2% | 4.1% |
| Cash ConversionOCF / Net Profit | — | 3.23× |
| TTM Free Cash FlowTrailing 4 quarters | $-212.5K | $-3.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.3M | $11.1M | ||
| Q3 25 | $-1.9M | $-275.0K | ||
| Q2 25 | $7.6M | $-23.9M | ||
| Q1 25 | $-7.4M | $12.4M | ||
| Q4 24 | $617.4K | $14.8M | ||
| Q3 24 | $-915.0K | $-3.2M | ||
| Q2 24 | $862.1K | $-1.0M | ||
| Q1 24 | $-8.0M | $11.7M |
| Q4 25 | $2.3M | $10.1M | ||
| Q3 25 | $-2.1M | $-1.3M | ||
| Q2 25 | $7.4M | $-24.4M | ||
| Q1 25 | $-7.7M | $12.3M | ||
| Q4 24 | $-214.1K | $14.5M | ||
| Q3 24 | $-1.1M | $-3.3M | ||
| Q2 24 | $281.5K | $-1.4M | ||
| Q1 24 | $-8.6M | $11.7M |
| Q4 25 | 7.5% | 43.0% | ||
| Q3 25 | -5.9% | -6.8% | ||
| Q2 25 | 23.8% | -90.4% | ||
| Q1 25 | -23.3% | 32.2% | ||
| Q4 24 | -0.6% | 46.1% | ||
| Q3 24 | -3.0% | -15.8% | ||
| Q2 24 | 1.0% | -5.6% | ||
| Q1 24 | -28.0% | 28.7% |
| Q4 25 | 0.2% | 4.1% | ||
| Q3 25 | 0.7% | 5.4% | ||
| Q2 25 | 0.7% | 1.8% | ||
| Q1 25 | 1.1% | 0.4% | ||
| Q4 24 | 2.3% | 1.0% | ||
| Q3 24 | 0.5% | 0.4% | ||
| Q2 24 | 2.0% | 1.5% | ||
| Q1 24 | 2.0% | 0.0% |
| Q4 25 | — | 3.23× | ||
| Q3 25 | — | -0.14× | ||
| Q2 25 | — | -6.24× | ||
| Q1 25 | — | 2.04× | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | — | -2.22× | ||
| Q2 24 | 5.27× | -0.41× | ||
| Q1 24 | — | 1.87× |
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% |
GENC
Segment breakdown not available.
