vs

Side-by-side financial comparison of FGI Industries Ltd. (FGI) and RHYTHM PHARMACEUTICALS, INC. (RYTM). Click either name above to swap in a different company.

RHYTHM PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($57.3M vs $30.5M, roughly 1.9× FGI Industries Ltd.). FGI Industries Ltd. runs the higher net margin — -8.6% vs -83.0%, a 74.4% gap on every dollar of revenue. On growth, RHYTHM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (36.9% vs -14.4%). Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (48.5% CAGR vs -0.5%).

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.

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

FGI vs RYTM — Head-to-Head

Bigger by revenue
RYTM
RYTM
1.9× larger
RYTM
$57.3M
$30.5M
FGI
Growing faster (revenue YoY)
RYTM
RYTM
+51.3% gap
RYTM
36.9%
-14.4%
FGI
Higher net margin
FGI
FGI
74.4% more per $
FGI
-8.6%
-83.0%
RYTM
Faster 2-yr revenue CAGR
RYTM
RYTM
Annualised
RYTM
48.5%
-0.5%
FGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FGI
FGI
RYTM
RYTM
Revenue
$30.5M
$57.3M
Net Profit
$-2.6M
$-47.5M
Gross Margin
26.7%
91.6%
Operating Margin
-2.2%
-82.2%
Net Margin
-8.6%
-83.0%
Revenue YoY
-14.4%
36.9%
Net Profit YoY
-553.1%
-9.6%
EPS (diluted)
$-1.63
$-0.73

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.

Revenue
FGI
FGI
RYTM
RYTM
Q4 25
$30.5M
$57.3M
Q3 25
$35.8M
$51.3M
Q2 25
$31.0M
$48.5M
Q1 25
$33.2M
$32.7M
Q4 24
$35.6M
$41.8M
Q3 24
$36.1M
$33.3M
Q2 24
$29.4M
$29.1M
Q1 24
$30.8M
$26.0M
Net Profit
FGI
FGI
RYTM
RYTM
Q4 25
$-2.6M
$-47.5M
Q3 25
$-1.7M
$-52.9M
Q2 25
$-1.2M
$-46.6M
Q1 25
$-629.1K
$-49.5M
Q4 24
$-402.3K
$-43.3M
Q3 24
$-550.1K
$-43.6M
Q2 24
$163.6K
$-32.3M
Q1 24
$-412.2K
$-141.4M
Gross Margin
FGI
FGI
RYTM
RYTM
Q4 25
26.7%
91.6%
Q3 25
26.5%
89.3%
Q2 25
28.1%
88.6%
Q1 25
26.8%
88.8%
Q4 24
24.6%
90.9%
Q3 24
25.8%
88.5%
Q2 24
30.5%
89.9%
Q1 24
27.4%
89.2%
Operating Margin
FGI
FGI
RYTM
RYTM
Q4 25
-2.2%
-82.2%
Q3 25
1.0%
-102.6%
Q2 25
-2.7%
-93.4%
Q1 25
-3.9%
-143.7%
Q4 24
-3.5%
-98.6%
Q3 24
-0.2%
-132.0%
Q2 24
-1.5%
-139.2%
Q1 24
-1.0%
-538.7%
Net Margin
FGI
FGI
RYTM
RYTM
Q4 25
-8.6%
-83.0%
Q3 25
-4.6%
-103.1%
Q2 25
-4.0%
-96.1%
Q1 25
-1.9%
-151.4%
Q4 24
-1.1%
-103.6%
Q3 24
-1.5%
-131.2%
Q2 24
0.6%
-110.9%
Q1 24
-1.3%
-544.4%
EPS (diluted)
FGI
FGI
RYTM
RYTM
Q4 25
$-1.63
$-0.73
Q3 25
$-0.86
$-0.82
Q2 25
$-0.64
$-0.75
Q1 25
$-0.07
$-0.81
Q4 24
$-0.38
$-0.71
Q3 24
$-0.29
$-0.73
Q2 24
$0.08
$-0.55
Q1 24
$-0.04
$-2.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FGI
FGI
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$1.9M
$388.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.3M
$139.1M
Total Assets
$69.5M
$480.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FGI
FGI
RYTM
RYTM
Q4 25
$1.9M
$388.9M
Q3 25
$1.9M
$416.1M
Q2 25
$2.5M
$291.0M
Q1 25
$1.2M
$314.5M
Q4 24
$4.6M
$320.6M
Q3 24
$3.0M
$298.4M
Q2 24
$1.3M
$319.1M
Q1 24
$3.3M
$201.2M
Stockholders' Equity
FGI
FGI
RYTM
RYTM
Q4 25
$17.3M
$139.1M
Q3 25
$19.7M
$148.8M
Q2 25
$21.3M
$-11.9M
Q1 25
$21.8M
$18.9M
Q4 24
$22.3M
$21.7M
Q3 24
$23.5M
$11.2M
Q2 24
$23.8M
$39.3M
Q1 24
$23.9M
$61.6M
Total Assets
FGI
FGI
RYTM
RYTM
Q4 25
$69.5M
$480.2M
Q3 25
$73.0M
$506.9M
Q2 25
$71.7M
$372.7M
Q1 25
$68.5M
$386.7M
Q4 24
$75.5M
$392.3M
Q3 24
$74.7M
$363.6M
Q2 24
$69.9M
$381.8M
Q1 24
$68.6M
$258.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FGI
FGI
RYTM
RYTM
Operating Cash FlowLast quarter
$2.3M
$-25.4M
Free Cash FlowOCF − Capex
$2.3M
FCF MarginFCF / Revenue
7.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-212.5K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FGI
FGI
RYTM
RYTM
Q4 25
$2.3M
$-25.4M
Q3 25
$-1.9M
$-26.6M
Q2 25
$7.6M
$-23.3M
Q1 25
$-7.4M
$-40.4M
Q4 24
$617.4K
$-18.8M
Q3 24
$-915.0K
$-25.2M
Q2 24
$862.1K
$-29.1M
Q1 24
$-8.0M
$-40.7M
Free Cash Flow
FGI
FGI
RYTM
RYTM
Q4 25
$2.3M
Q3 25
$-2.1M
Q2 25
$7.4M
Q1 25
$-7.7M
Q4 24
$-214.1K
Q3 24
$-1.1M
Q2 24
$281.5K
Q1 24
$-8.6M
FCF Margin
FGI
FGI
RYTM
RYTM
Q4 25
7.5%
Q3 25
-5.9%
Q2 25
23.8%
Q1 25
-23.3%
Q4 24
-0.6%
Q3 24
-3.0%
Q2 24
1.0%
Q1 24
-28.0%
Capex Intensity
FGI
FGI
RYTM
RYTM
Q4 25
0.2%
Q3 25
0.7%
Q2 25
0.7%
Q1 25
1.1%
Q4 24
2.3%
Q3 24
0.5%
Q2 24
2.0%
Q1 24
2.0%
Cash Conversion
FGI
FGI
RYTM
RYTM
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
FGI

Sanitaryware$19.1M63%
Shower System$5.8M19%
Kitchen And Bath Other$3.3M11%
Bath Furniture Products$2.3M7%

RYTM
RYTM

Segment breakdown not available.

Related Comparisons