Filing Flows › FGI Industries (FGI) › Q2 2026 › vs Q2 2025
FGI Industries (FGI) Q2 2026 vs Q2 2025 (year over year)
FGI Industries's revenue rose $887K (+3%) from $31.0M in Q2 2025 to $31.9M in Q2 2026. The biggest changes: Sanitaryware +$1.1M (+6%); Shower System +$796K (+15%); Bath Furniture −$640K (-15%). Gross margin 33.4% against 28.1% (+5.4 pts).
FGI Industries, Q2 2026: revenue $31.9M (+3% year over year), operating margin 4.4%, net earnings $1.3M, operating cash flow $2.1M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 33.4% | 28.1% | +5.4 pts |
| Operating margin | 4.4% | -2.7% | +7.1 pts |
| Net margin | 4.1% | -4.0% | +8.0 pts |
| Free cash flow margin | 6.4% | 5.3% | +1.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Sanitaryware | $19.1M | $18.1M | $1.1M | +6% |
| Shower System | $6.0M | $5.2M | $796K | +15% |
| Bath Furniture | $3.5M | $4.1M | −$640K | -15% |
| Others | $3.2M | $3.5M | −$327K | -9% |
| Revenue | $31.9M | $31.0M | $887K | +3% |
| Gross profit | $10.7M | $8.7M | $2.0M | +22% |
| Cost of revenue | $21.2M | $22.3M | −$1.1M | -5% |
| Operating profit | $1.4M | −$832K | $2.2M | — |
| Operating expenses | $9.3M | $9.5M | −$277K | -3% |
| Pre-tax earnings | $1.3M | −$1.6M | $2.8M | — |
| Other expense, net | $133K | $747K | −$614K | -82% |
| Research & development | $406K | $485K | −$78K | -16% |
| Sales & marketing | $6.0M | $6.2M | −$232K | -4% |
| General & admin | $2.9M | $2.8M | $33K | +1% |
| Loss borne by minority interests | $169K | $133K | $37K | +27% |
| Net earnings | $1.3M | −$1.2M | $2.5M | — |
| Income tax | $141K | −$215K | $356K | — |
| Depreciation & amortization | $706K | $739K | −$33K | -5% |
| Share-based compensation | $123K | $125K | −$1K | -1% |
| Working capital & other | $17K | $2.2M | −$2.2M | -99% |
| Operating cash flow | $2.1M | $1.8M | $294K | +16% |
| Free cash flow (OCF − capex) | $2.1M | $1.6M | $410K | +25% |
| Capital expenditures | $90K | $206K | −$116K | -56% |
Questions
How much did FGI Industries's revenue grow year over year in Q2 2026?
FGI Industries's revenue rose $887K (+3%) from $31.0M in Q2 2025 to $31.9M in Q2 2026.
What drove FGI Industries's revenue change in Q2 2026?
Sanitaryware +$1.1M (+6%); Shower System +$796K (+15%); Bath Furniture −$640K (-15%).