Every 10-Q that FGI Industries Ltd. (FGI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FGI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FGI filings page.
FGI Industries Ltd. reported improved results for the quarter and six months ended June 30, 2026. Quarterly revenue rose to $31.9 million, up 2.9% year over year, driven by sanitaryware and shower system growth, while six‑month revenue declined 2.8% to $62.4 million amid softer sanitaryware and bath furniture demand.
Profitability strengthened meaningfully. Gross profit for the first half increased to $18.8 million, with gross margin reaching 30.2%, compared with 2025’s 27.0%. Net income attributable to shareholders was $1.3 million for Q2 versus a prior‑year loss, and $0.3 million for the first half versus a $1.9 million loss in 2025. Operating income for the first half improved to $0.7 million from a $2.1 million loss, aided by lower costs and tariff refunds; Q2 included about $2.7 million of IEEPA tariff refunds recorded as a reduction of cost of revenue.
Cash from operating activities for the first half was $1.8 million, and cash on hand was $4.4 million against $13.0 million of short‑term loans. Management cites cost controls, new product launches, supply‑chain diversification and renewed credit facilities as key liquidity and growth supports, while noting ongoing tariff and demand uncertainty.
FGI Industries Ltd. reported a net loss of $1.1 million for the three months ended March 31, 2026, compared with a $0.8 million loss a year earlier. Revenue declined 8.2% to $30.5 million, mainly from weaker sanitaryware sales, while gross margin held steady at 26.8%.
Operating loss narrowed to $0.7 million from $1.3 million as selling and administrative costs were reduced. Cash was $2.7 million and short-term loans totaled $13.1 million. Management cites cost controls, new product launches, and renewed credit lines as key liquidity supports amid tariff-related cost pressures.
FGI Industries (FGI) filed its Q3 2025 10‑Q, reporting continued top-line stability but a deeper net loss and liquidity pressure. Revenue was $35,848,861 for the quarter and $100,059,669 for the nine months, compared with $36,099,179 and $96,223,647 a year ago. Gross profit was $9,498,668, slightly above last year. Operating income reached $369,723 versus a loss in the prior-year quarter, but higher interest expense and a $1,879,599 tax provision led to a net loss of $1,948,066; loss per share was $0.86 (basic/diluted).
Cash was $1,875,682 with $14,076,346 in short-term loans outstanding. Management disclosed “substantial doubt” about the ability to continue as a going concern, citing losses, cash outflows, elevated tariffs, and covenant non‑compliance on a key debt coverage ratio; a lender waiver has been requested, and the East West Bank facility maturity was extended to December 5, 2025. Actions taken include a warehouse lease termination to cut fixed costs, broader cost controls, and product launches in anti‑overflow toilets, shower systems, and custom cabinetry.
The company effected a 1‑for‑5 reverse share split on July 31, 2025. Ordinary shares outstanding were 1,918,311 as of September 30, 2025; 1,920,140 were outstanding on November 7, 2025.
FGI Industries Ltd. reported modest revenue growth for the quarter ended June 30, 2025, with revenue of $30.998 million, up 5.5% from $29.371 million a year earlier, and six-month revenue of $64.211 million versus $60.124 million in 2024. Gross profit was $8.707 million for the quarter, slightly below prior year, while the company recorded a net loss of $1.364 million for the quarter (net loss attributable to FGI shareholders $1.232 million), a meaningful deterioration versus a small profit in the prior-year quarter.
Cash declined to $2.519 million from $4.558 million at year-end and short-term borrowings remain significant at $12.559 million. Management discloses substantial doubt about going concern and a covenant breach under its East West Bank credit facility; a waiver request is pending. The company is pursuing cost controls, a warehouse lease termination, new product launches and AR factoring availability to bolster liquidity. Material supplier concentration with Tangshan Huida is noted.