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Side-by-side financial comparison of FGI Industries Ltd. (FGI) and SANDRIDGE ENERGY INC (SD). Click either name above to swap in a different company.

SANDRIDGE ENERGY INC is the larger business by last-quarter revenue ($39.4M vs $30.5M, roughly 1.3× FGI Industries Ltd.). SANDRIDGE ENERGY INC runs the higher net margin — 54.9% vs -8.6%, a 63.6% gap on every dollar of revenue. On growth, SANDRIDGE ENERGY INC posted the faster year-over-year revenue change (1.1% vs -14.4%). SANDRIDGE ENERGY INC produced more free cash flow last quarter ($14.4M vs $2.3M). Over the past eight quarters, SANDRIDGE ENERGY INC's revenue compounded faster (14.1% 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.

SandRidge Energy, Inc. is a company engaged in hydrocarbon exploration in the Mid-Continent region of the United States. It is organized in Delaware and headquartered in Oklahoma City, Oklahoma.

FGI vs SD — Head-to-Head

Bigger by revenue
SD
SD
1.3× larger
SD
$39.4M
$30.5M
FGI
Growing faster (revenue YoY)
SD
SD
+15.5% gap
SD
1.1%
-14.4%
FGI
Higher net margin
SD
SD
63.6% more per $
SD
54.9%
-8.6%
FGI
More free cash flow
SD
SD
$12.2M more FCF
SD
$14.4M
$2.3M
FGI
Faster 2-yr revenue CAGR
SD
SD
Annualised
SD
14.1%
-0.5%
FGI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FGI
FGI
SD
SD
Revenue
$30.5M
$39.4M
Net Profit
$-2.6M
$21.6M
Gross Margin
26.7%
Operating Margin
-2.2%
38.5%
Net Margin
-8.6%
54.9%
Revenue YoY
-14.4%
1.1%
Net Profit YoY
-553.1%
23.1%
EPS (diluted)
$-1.63
$0.59

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
SD
SD
Q4 25
$30.5M
$39.4M
Q3 25
$35.8M
$39.8M
Q2 25
$31.0M
$34.5M
Q1 25
$33.2M
$42.6M
Q4 24
$35.6M
$39.0M
Q3 24
$36.1M
$30.1M
Q2 24
$29.4M
$26.0M
Q1 24
$30.8M
$30.3M
Net Profit
FGI
FGI
SD
SD
Q4 25
$-2.6M
$21.6M
Q3 25
$-1.7M
$16.0M
Q2 25
$-1.2M
$19.6M
Q1 25
$-629.1K
$13.0M
Q4 24
$-402.3K
$17.6M
Q3 24
$-550.1K
$25.5M
Q2 24
$163.6K
$8.8M
Q1 24
$-412.2K
$11.1M
Gross Margin
FGI
FGI
SD
SD
Q4 25
26.7%
Q3 25
26.5%
Q2 25
28.1%
Q1 25
26.8%
Q4 24
24.6%
Q3 24
25.8%
Q2 24
30.5%
Q1 24
27.4%
Operating Margin
FGI
FGI
SD
SD
Q4 25
-2.2%
38.5%
Q3 25
1.0%
37.8%
Q2 25
-2.7%
53.7%
Q1 25
-3.9%
28.6%
Q4 24
-3.5%
25.9%
Q3 24
-0.2%
28.3%
Q2 24
-1.5%
23.9%
Q1 24
-1.0%
27.8%
Net Margin
FGI
FGI
SD
SD
Q4 25
-8.6%
54.9%
Q3 25
-4.6%
40.1%
Q2 25
-4.0%
56.6%
Q1 25
-1.9%
30.6%
Q4 24
-1.1%
45.1%
Q3 24
-1.5%
84.8%
Q2 24
0.6%
33.9%
Q1 24
-1.3%
36.7%
EPS (diluted)
FGI
FGI
SD
SD
Q4 25
$-1.63
$0.59
Q3 25
$-0.86
$0.43
Q2 25
$-0.64
$0.53
Q1 25
$-0.07
$0.35
Q4 24
$-0.38
$0.46
Q3 24
$-0.29
$0.69
Q2 24
$0.08
$0.24
Q1 24
$-0.04
$0.30

Balance Sheet & Financial Strength

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

Metric
FGI
FGI
SD
SD
Cash + ST InvestmentsLiquidity on hand
$1.9M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.3M
$510.9M
Total Assets
$69.5M
$644.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FGI
FGI
SD
SD
Q4 25
$1.9M
$111.0M
Q3 25
$1.9M
$101.2M
Q2 25
$2.5M
$102.8M
Q1 25
$1.2M
$99.7M
Q4 24
$4.6M
$98.1M
Q3 24
$3.0M
$92.7M
Q2 24
$1.3M
$209.9M
Q1 24
$3.3M
$207.0M
Stockholders' Equity
FGI
FGI
SD
SD
Q4 25
$17.3M
$510.9M
Q3 25
$19.7M
$492.4M
Q2 25
$21.3M
$480.2M
Q1 25
$21.8M
$464.9M
Q4 24
$22.3M
$460.5M
Q3 24
$23.5M
$446.8M
Q2 24
$23.8M
$424.8M
Q1 24
$23.9M
$419.7M
Total Assets
FGI
FGI
SD
SD
Q4 25
$69.5M
$644.0M
Q3 25
$73.0M
$619.0M
Q2 25
$71.7M
$602.3M
Q1 25
$68.5M
$588.3M
Q4 24
$75.5M
$581.5M
Q3 24
$74.7M
$565.2M
Q2 24
$69.9M
$529.6M
Q1 24
$68.6M
$527.4M

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
SD
SD
Operating Cash FlowLast quarter
$2.3M
$31.7M
Free Cash FlowOCF − Capex
$2.3M
$14.4M
FCF MarginFCF / Revenue
7.5%
36.6%
Capex IntensityCapex / Revenue
0.2%
43.8%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$-212.5K
$41.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FGI
FGI
SD
SD
Q4 25
$2.3M
$31.7M
Q3 25
$-1.9M
$25.3M
Q2 25
$7.6M
$22.9M
Q1 25
$-7.4M
$20.3M
Q4 24
$617.4K
$26.0M
Q3 24
$-915.0K
$20.8M
Q2 24
$862.1K
$11.4M
Q1 24
$-8.0M
$15.7M
Free Cash Flow
FGI
FGI
SD
SD
Q4 25
$2.3M
$14.4M
Q3 25
$-2.1M
$5.9M
Q2 25
$7.4M
$7.3M
Q1 25
$-7.7M
$13.9M
Q4 24
$-214.1K
$13.2M
Q3 24
$-1.1M
$10.8M
Q2 24
$281.5K
$9.0M
Q1 24
$-8.6M
$14.6M
FCF Margin
FGI
FGI
SD
SD
Q4 25
7.5%
36.6%
Q3 25
-5.9%
14.9%
Q2 25
23.8%
21.0%
Q1 25
-23.3%
32.7%
Q4 24
-0.6%
33.8%
Q3 24
-3.0%
36.1%
Q2 24
1.0%
34.5%
Q1 24
-28.0%
48.1%
Capex Intensity
FGI
FGI
SD
SD
Q4 25
0.2%
43.8%
Q3 25
0.7%
48.6%
Q2 25
0.7%
45.2%
Q1 25
1.1%
15.0%
Q4 24
2.3%
32.9%
Q3 24
0.5%
33.3%
Q2 24
2.0%
9.4%
Q1 24
2.0%
3.7%
Cash Conversion
FGI
FGI
SD
SD
Q4 25
1.46×
Q3 25
1.58×
Q2 25
1.17×
Q1 25
1.56×
Q4 24
1.48×
Q3 24
0.82×
Q2 24
5.27×
1.30×
Q1 24
1.41×

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%

SD
SD

Oil Reserves$19.0M48%
Natural Gas Reserves$11.6M30%
Natural Gas Liquids Reserves$8.7M22%

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