FGI Industries Ltd. (FGI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 30.5M | 30.47M | 35.85M | 31M | 33.21M | 35.59M | 36.1M | 29.37M | 30.75M | 30.96M | 29.93M | 29.19M | 27.16M | 31.79M | 38.54M | 47.81M | 43.58M | 52.19M | 50.89M | 42.49M |
| Revenue Growth % | -8.16% | -14.4% | -0.69% | 5.54% | 8% | 14.98% | 20.6% | 0.62% | 13.22% | -2.62% | -22.34% | -38.94% | -37.67% | -39.09% | -24.25% | 12.52% | 19.79% | 46.98% | - | - |
| Cost of Goods Sold | 22.34M | 22.14M | 26.35M | 22.29M | 24.31M | 26.85M | 26.79M | 20.41M | 22.34M | 21.99M | 22.1M | 21.18M | 19.96M | 24.27M | 30.5M | 39.39M | 36.05M | 44.62M | 42.76M | 33.3M |
| COGS % of Revenue | 73.24% | 72.67% | 73.5% | 71.91% | 73.2% | 75.44% | 74.21% | 69.48% | 72.64% | 71.02% | 73.84% | 72.56% | 73.48% | 76.34% | 79.14% | 82.39% | 82.73% | 85.5% | 84.03% | 78.37% |
| Gross Profit | 8.16M | 8.33M | 9.5M | 8.71M | 8.9M | 8.74M | 9.31M | 8.96M | 8.41M | 8.97M | 7.83M | 8.01M | 7.2M | 7.52M | 8.04M | 8.42M | 7.52M | 7.57M | 8.13M | 9.19M |
| Gross Margin % | 26.76% | 27.33% | 26.5% | 28.09% | 26.8% | 24.56% | 25.79% | 30.52% | 27.36% | 28.98% | 26.16% | 27.44% | 26.52% | 23.66% | 20.86% | 17.61% | 17.27% | 14.5% | 15.97% | 21.63% |
| Gross Profit Growth % | -8.31% | -4.74% | 2.05% | -2.86% | 5.79% | -2.54% | 18.89% | 11.9% | 16.82% | 19.24% | -2.63% | -4.88% | -4.29% | -0.59% | -1.09% | -8.36% | 2.84% | 6.52% | - | - |
| Operating Expenses | 8.85M | 8.99M | 9.13M | 9.54M | 10.18M | 10M | 9.37M | 9.41M | 8.73M | 7.72M | 7.35M | 7.43M | 7.21M | 6.52M | 6.37M | 6.69M | 6.83M | 6.85M | 6.32M | 5.87M |
| OpEx % of Revenue | 29.02% | 29.5% | 25.47% | 30.77% | 30.65% | 28.11% | 25.97% | 32.05% | 28.4% | 24.95% | 24.55% | 25.45% | 26.53% | 20.51% | 16.53% | 14% | 15.68% | 13.13% | 12.42% | 13.81% |
| Selling, General & Admin | 8.57M | 8.47M | 8.85M | 9.05M | 9.86M | 9.61M | 8.92M | 8.88M | 8.41M | 7.57M | 6.92M | 7.05M | 6.85M | 6.25M | 6.13M | 6.46M | 6.52M | 6.7M | 6.12M | 5.71M |
| SG&A % of Revenue | 28.1% | 27.81% | 24.67% | 29.21% | 29.7% | 27% | 24.72% | 30.24% | 27.36% | 24.44% | 23.13% | 24.16% | 25.23% | 19.67% | 15.91% | 13.5% | 14.96% | 12.83% | 12.04% | 13.44% |
| Research & Development | 282.61K | -1.09M | 283.87K | 484.5K | 316.73K | 395.94K | 451.98K | 530.8K | 320.67K | 224.29K | 423.7K | 377.11K | 351.75K | 265.92K | 238.64K | 235.74K | 313.68K | 159.91K | 197.03K | 155.36K |
| R&D % of Revenue | 0.93% | -3.56% | 0.79% | 1.56% | 0.95% | 1.11% | 1.25% | 1.81% | 1.04% | 0.72% | 1.42% | 1.29% | 1.29% | 0.84% | 0.62% | 0.49% | 0.72% | 0.31% | 0.39% | 0.37% |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -65.51K | 0 | -10.68K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -691.41K | -658.58K | 369.72K | -832.34K | -1.28M | -1.26M | -65.83K | -450.36K | -320.93K | 1.25M | 481.69K | 580.27K | -2.93K | 1M | 1.67M | 1.73M | 690.75K | 712.47K | 1.81M | 3.32M |
| Operating Margin % | -2.27% | -2.16% | 1.03% | -2.69% | -3.86% | -3.55% | -0.18% | -1.53% | -1.04% | 4.02% | 1.61% | 1.99% | -0.01% | 3.16% | 4.33% | 3.62% | 1.59% | 1.37% | 3.55% | 7.82% |
| Operating Income Growth % | 46.02% | 47.83% | 661.67% | -84.82% | -299.1% | -201.37% | -113.67% | -177.61% | -10864.61% | 24.1% | -71.13% | -66.45% | -100.42% | 40.86% | -7.71% | -47.93% | -63.33% | -39.68% | - | - |
| EBITDA | -691.41K | -658.58K | 1.08M | -93.18K | -570.46K | -229.07K | 612.36K | 428.84K | 264.73K | 3.13M | 1.02M | 623.47K | 418.11K | 1.04M | 1.71M | 1.8M | 759.7K | 786.26K | 1.88M | 3.39M |
| EBITDA Margin % | -2.27% | -2.16% | 3% | -0.3% | -1.72% | -0.64% | 1.7% | 1.46% | 0.86% | 10.1% | 3.4% | 2.14% | 1.54% | 3.27% | 4.44% | 3.76% | 1.74% | 1.51% | 3.69% | 7.98% |
| EBITDA Growth % | -21.2% | -187.5% | 75.75% | -121.73% | -315.48% | -107.32% | -39.87% | -31.22% | -36.68% | 200.78% | -40.53% | -65.34% | -44.96% | 32.25% | -8.84% | -46.93% | -61.2% | -47.3% | - | - |
| D&A (Non-Cash Add-back) | 0 | 0 | 706.52K | 739.16K | 710.4K | 1.03M | 678.18K | 879.2K | 585.67K | 1.88M | 536.74K | 43.2K | 421.04K | 36.26K | 44.19K | 69.26K | 68.96K | 73.8K | 71.03K | 67.94K |
| EBIT | -691.41K | -658.58K | 334.37K | -1.3M | -1.25M | -660.97K | -64.29K | -16.74K | -293.36K | 1.05M | 532.39K | 573.64K | -21.11K | 948K | 1.67M | 1.66M | 789.62K | 810.21K | 1.75M | 3.22M |
| Net Interest Income | -354.03K | -340.57K | -402.18K | -280.5K | -302.32K | -348.48K | -365.84K | -300.98K | -221.65K | -185.98K | -15.28K | -289.66K | -248.26K | -199.85K | -158.73K | -107.34K | -131.72K | -96.9K | -120.63K | -83.41K |
| Interest Income | 875 | 2.35K | 661 | 1.69K | 441 | 4.54K | 584 | 4.11K | 554 | 4.02K | 1.1K | 4.05K | 1.38K | 2.72K | 306 | 102 | 31 | 26.43K | 0 | 2.58K |
| Interest Expense | 354.9K | 342.93K | 402.84K | 282.19K | 302.76K | 353.02K | 366.42K | 305.09K | 222.21K | 190K | 16.38K | 293.71K | 249.64K | 202.57K | 159.03K | 107.44K | 131.75K | 123.33K | 120.63K | 85.98K |
| Other Income/Expense | -427.08K | -477.84K | -438.19K | -746.7K | -274.23K | 248.48K | -364.88K | 128.53K | -194.64K | -382.81K | 34.32K | -300.35K | -267.82K | -258.16K | -86.98K | -173.41K | -32.88K | -25.59K | -180.02K | -184.7K |
| Pretax Income | -1.12M | -1.14M | -68.47K | -1.58M | -1.56M | -1.01M | -430.71K | -321.83K | -515.57K | 862.6K | 516.01K | 279.93K | -270.75K | 745.43K | 1.58M | 1.56M | 657.87K | 686.88K | 1.63M | 3.14M |
| Pretax Margin % | -3.67% | -3.73% | -0.19% | -5.09% | -4.68% | -2.85% | -1.19% | -1.1% | -1.68% | 2.79% | 1.72% | 0.96% | -1% | 2.34% | 4.1% | 3.25% | 1.51% | 1.32% | 3.2% | 7.38% |
| Income Tax | 24.68K | 1.86M | 1.88M | -214.58K | -739.53K | -539.23K | 267.54K | -298.42K | 22.29K | 411.63K | 172.52K | 191.45K | 32.63K | 38.37K | 309.17K | 385.41K | 127.68K | -353.91K | 231.73K | 628.32K |
| Effective Tax Rate % | -2.21% | -163.75% | -2745.26% | 13.59% | 47.56% | 53.18% | -62.12% | 92.72% | -4.32% | 47.72% | 33.43% | 68.39% | -12.05% | 5.15% | 19.55% | 24.77% | 19.41% | -51.52% | 14.24% | 20.03% |
| Net Income | -969.4K | -2.63M | -1.65M | -1.23M | -629.09K | -402.33K | -550.14K | 163.56K | -412.19K | 538.96K | 409.54K | 88.48K | -303.38K | 707.05K | 1.27M | 1.17M | 530.19K | 1.04M | 1.4M | 2.51M |
| Net Margin % | -3.18% | -8.62% | -4.61% | -3.97% | -1.89% | -1.13% | -1.52% | 0.56% | -1.34% | 1.74% | 1.37% | 0.3% | -1.12% | 2.22% | 3.3% | 2.45% | 1.22% | 1.99% | 2.74% | 5.9% |
| Net Income Growth % | -54.1% | -553.09% | -200.17% | -852.93% | -52.62% | -174.65% | -234.33% | 84.86% | -35.87% | -23.77% | -67.81% | -92.44% | -157.22% | -32.07% | -8.86% | -53.33% | -82.1% | 45.85% | - | - |
| Net Income (Continuing) | -1.14M | -3M | -1.95M | -1.36M | -815.56K | -474.75K | -698.25K | -23.41K | -537.86K | 450.97K | 343.49K | 88.48K | -303.38K | 707.05K | 1.27M | 1.17M | 530.19K | 1.04M | 1.4M | 2.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -1.85M | -1.67M | -1.3M | -1.01M | -873.69K | -687.23K | -614.8K | -466.69K | -279.71K | -154.04K | -66.04K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.50 | -1.37 | -0.86 | -0.64 | -0.07 | -0.04 | -0.06 | 0.02 | -0.04 | 0.05 | 0.04 | 0.01 | -0.03 | 0.07 | 0.13 | 0.10 | 0.05 | 0.11 | 0.15 | 0.36 |
| EPS Growth % | -614.29% | -3161.9% | -1395.65% | -3886.98% | -62.04% | -176.92% | -237.56% | - | -35.42% | -26.61% | -67.85% | -90.7% | -165.77% | -32.36% | -13.33% | -72.22% | -88.45% | 46.47% | - | - |
| EPS (Basic) | -0.50 | -1.37 | -0.86 | -0.64 | -0.07 | -0.04 | -0.06 | 0.02 | -0.04 | 0.06 | 0.04 | 0.01 | -0.03 | 0.07 | 0.13 | 0.10 | 0.05 | 0.11 | 0.15 | 0.36 |
| Diluted Shares Outstanding | 1.92M | 1.92M | 1.92M | 1.92M | 9.58M | 9.56M | 9.56M | 9.7M | 9.55M | 9.87M | 9.79M | 9.5M | 9.5M | 9.5M | 9.51M | 11.66M | 10.94M | 9.5M | 9.5M | 7M |
| Basic Shares Outstanding | 1.92M | 1.92M | 1.92M | 1.92M | 9.58M | 9.56M | 9.56M | 9.56M | 9.55M | 9.55M | 9.5M | 9.5M | 9.5M | 9.5M | 9.5M | 11.66M | 10.6M | 9.5M | 9.5M | 7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |