FGI Industries Ltd. (FGI) Financial Statements
Industry: Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures
In fiscal 2025, FGI Industries reported revenue of $130.5M, down 1.0% from $131.8M the year before. Net income was -$6.1M (a -4.7% net margin), or -$3.20 per diluted share. Gross margin was 27.0% and operating margin was -1.8%. Operating activities generated $673,220 of cash, leaving -$212,520 of free cash flow. At fiscal year end, FGI Industries held $69.5M in total assets against $53.9M in total liabilities, including $1.9M of cash and equivalents.
Open the full interactive FGI Industries financials → Quarterly statements, key ratios, valuation history and price charts.
FGI Industries Key Stats
| Share Price | $7.19 |
|---|---|
| Market Cap | $14.4M |
| Revenue YoY Growth | -1.0% |
| 52-Week Range | $3.38 – $11.72 |
| Shares Outstanding | 1.9 million (basic, 2026 Q2) |
FGI Industries Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $161.7M | $117.2M | $131.8M | $130.5M |
| Gross Profit | $31.5M | $32.1M | $35.4M | $35.3M |
| Operating Income | $5.1M | $2.3M | -$2.1M | -$2.4M |
| Pre-Tax Income | $4.5M | $1.4M | -$2.3M | -$4.3M |
| Income Tax | $860,630 | $808,224 | -$547,821 | $2.8M |
| Net Income | $3.7M | $733,604 | -$1.2M | -$6.1M |
| Diluted EPS | $1.95 | $0.35 | -$0.65 | -$3.20 |
FGI Industries Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $35.8M | $30.5M | $30.5M | $31.9M |
| Net Income | -$1.7M | -$2.6M | -$969,405 | $1.3M |
| Diluted EPS | -$0.86 | -$1.37 | -$0.50 | $0.65 |
FGI Industries Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $10.1M | $7.8M | $4.6M | $1.9M |
| Current Assets | $45.9M | $46.1M | $52.9M | $51.5M |
| Total Assets | $60.4M | $65.7M | $75.5M | $69.5M |
| Current Liabilities | $29.8M | $28.0M | $42.5M | $43.9M |
| Total Liabilities | $37.6M | $41.7M | $53.9M | $53.9M |
| Shareholders' Equity | $22.7M | $24.2M | $22.3M | $17.3M |
FGI Industries Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | $980,265 | $1.4M | -$7.4M | $673,220 |
| Cash From Investing | -$1.1M | -$942,614 | -$2.9M | -$1.0M |
| Cash From Financing | $7.0M | -$2.8M | $7.5M | -$2.6M |
| Free Cash Flow | -$83,958 | $549,312 | -$9.6M | -$212,520 |
Figures from FGI Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full FGI Industries financials page for every line item.
FGI Industries Company Profile
| Ticker | FGI |
|---|---|
| Exchange | Nasdaq |
| Industry | Heating Equip, Except Elec & Warm Air; & Plumbing Fixtures |
| Headquarters | East Hanover, New Jersey |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company, emerging growth company |
| SEC CIK | 0001864943 |
Frequently Asked Questions
What was FGI Industries' revenue in fiscal 2025?
FGI Industries (FGI) reported revenue of $130.5M for fiscal 2025.
What is FGI Industries' annual revenue history?
FGI Industries' annual revenue by fiscal year: 2022: $161.7M; 2023: $117.2M; 2024: $131.8M; 2025: $130.5M.
What was FGI Industries' net income in fiscal 2025?
FGI Industries reported net income of -$6.1M for fiscal 2025.
What was FGI Industries' earnings per share (EPS) in fiscal 2025?
FGI Industries' diluted EPS was -$3.20 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did FGI Industries generate in fiscal 2025?
FGI Industries generated -$212,520 of free cash flow in fiscal 2025.
What was FGI Industries' revenue last quarter?
In its most recent reported quarter (2026 Q2), FGI Industries reported revenue of $31.9M.
How many shares of FGI Industries are outstanding?
FGI Industries reported a weighted average of 1.9 million basic shares outstanding in 2026 Q2.
What is FGI Industries' market cap?
Based on its latest closing price, FGI Industries (FGI) has a market capitalization of about $14.4M.
When does FGI Industries' fiscal year end?
FGI Industries' fiscal year end, as registered with the SEC, is December 31.
Where is FGI Industries headquartered?
FGI Industries lists its business address in East Hanover, New Jersey in its SEC filings.
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