Here are the 10-Q quarterly reports from FGI Industries Ltd. Warrant (FGIWW) in our archive since June 2025, 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 FGIWW 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 FGIWW 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.