Filing Flows › FGI Industries (FGI) › How it makes money
How FGI Industries (FGI) makes money
FGI Industries (FGI) made $31.9M of revenue in the second quarter 2026 (Q2 2026), +3% from a year earlier. Sanitaryware brought in $19.1M (60%); Shower System brought in $6.0M (19%); Bath Furniture brought in $3.5M (11%). Of every dollar of revenue, 33¢ was left as gross profit, 4¢ was left as operating profit, 4¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Sanitaryware | $19.1M | 60.0% | +19% | +6% |
| Shower System | $6.0M | 18.9% | -7% | +15% |
| Bath Furniture | $3.5M | 11.0% | -23% | -15% |
| Others | $3.2M | 10.1% | -4% | -9% |
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $31.9M | 100.0% |
| Cost of revenue | $21.2M | 66.6% |
| Gross profit | $10.7M | 33.4% |
| Operating expenses | $9.3M | 29.0% |
| Operating profit | $1.4M | 4.4% |
| Income tax | $141K | 0.4% |
| Net earnings | $1.3M | 4.1% |
| Operating cash flow | $2.1M | 6.7% |
| Free cash flow | $2.1M | 6.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $31.9M | +3% |
| Q1 2026 | $30.5M | -8% |
| Q4 2025 | $30.5M | -14% |
| Q3 2025 | $35.8M | -0.7% |
| Q2 2025 | $31.0M | +6% |
| Q1 2025 | $33.2M | +8% |
| Q4 2024 | $35.6M | +15% |
From FGI Industries' 10-Q filed Aug 14, 2026 (on EDGAR).
Questions
How does FGI Industries make money?
FGI Industries (FGI) made $31.9M of revenue in the second quarter 2026 (Q2 2026), +3% from a year earlier. Sanitaryware brought in $19.1M (60%); Shower System brought in $6.0M (19%); Bath Furniture brought in $3.5M (11%). Of every dollar of revenue, 33¢ was left as gross profit, 4¢ was left as operating profit, 4¢ was left as net earnings.
What is FGI Industries' biggest business?
Sanitaryware: $19.1M in the second quarter 2026, 60% of revenue, +6% from a year earlier.
What is FGI Industries' profit margin?
Net earnings were $1.3M, 4.1% of revenue, in the second quarter 2026; the operating margin was 4.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.