FGI Industries Ltd. engages in the supply of kitchen and bath products. Its products fall under the following categories: Sanitaryware, Bath Furniture, ...
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Est. EPS $-0.03 · Revenue $37.41M · 1 analysts
Est. EPS $0.04 · Revenue $34.27M · 1 analysts
Est. EPS $0.20 · Revenue $134.06M · 1 analysts
Est. EPS $0.40 · Revenue $142.31M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $130.5M | -1.0% | +4.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-6.1M | -411.2% | +233.7% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +27.0% | +0.5% | +25.0% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -1.8% | -15.5% | +293.8% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -4.7% | -416.2% | +227.9% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $-212520 | +97.8% | +606.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | -0.2% | +97.8% | +584.0% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 136.4% | +9.5% | -58.8% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.17x | -5.6% | +2.1% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $69.5M | -7.9% | -2.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -3.20 vs -1.55 | -105.8% | 0.65 vs 0.10 | +550.0% |
| Revenue Surprise | $130.5M vs $135.6M | -3.7% | $31.9M vs $33.9M | -5.8% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Mar 28, 2025 | Chen John Shu-Nan | director, officer: EXECUTIVE CHAIRMAN | Common Stock | A | 37,037 | — |
| Mar 28, 2025 | Bruce David E. | director, officer: CHIEF EXECUTIVE OFFICER | Common Stock | A | 37,037 | — |
| Apr 1, 2024 | Apte Anagha | — | — | — | 0 | — |
| Mar 20, 2024 | Kermelewicz Robert | officer: EXECUTIVE VP, UNITED STATES | Employee Stock Option (right to buy) | A | 5,808 | $2.08 |
| Mar 20, 2024 | Earl Jennifer | officer: EXECUTIVE VP, CANADA | Employee Stock Option (right to buy) | A | 5,636 | $2.08 |
Operator: Good day, and welcome to the FGI Industries, Inc. Second Quarter 2026 Results Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Jae Chung, Chief Financial Officer. Please go ahead. Jae Chung: Thank you. Welcome to FGI Industries 2026 Second Quarter Results Conference Call. Leading the call today are Chief Executive Officer, David Bruce; and Chief Financial Officer, Jae Chung. We issued a press release after the market closed yesterday detailing our recent operational and financial results. I would like to remind you that management's commentary and responses to questions on today's conference call may include forward-looking statements, which, by their nature, are uncertain and outside of the company's control. Although these forward-looking statements are based on management's current expectations and beliefs, actual results may differ materially. For a discussion of some of the factors that could cause actual results to differ, please refer to the Risk Factors section of our latest filings with the SEC, including our Form 10-K for the year ended December 31, 2025. Additionally, please note that you can find reconciliations of historical non-GAAP financial measures in the press release issued yesterday and in the appendix of this presentation, which is available on the company's website. Today's call will begin with a performance review and strategic update from Dave Bruce, followed by a financial review from Jae Chung. At the conclusion of these prepared remarks, we will open the line for questions. With that, I'll turn the call over to Dave. David Bruce: Thank you, Jae. Good morning, everyone, and thank you for joining our call today. I am pleased to report another quarter of revenue growth and improved operating expense performance for FGI. Revenue increased 2.9% year-over-year in the second quarter, and we remain disciplined in managing our cost structure, delivering lower operating expenses while continuing to invest in our brands, products and channels, or BPC, growth strategy. These efforts continue to strengthen our market position and create new opportunities for long-term growth. Our strongest performance came from our Sanitaryware and Shower Systems businesses, both of which delivered year-over-year revenue growth. Sanitaryware benefited from the normalization of customer purchasing activity following last year's tariff-related disruptions, along with contributions from recently launched customer programs. Our Shower Systems business also continued to gain traction as new products and expanded customer distribution contributed to growth. While market conditions remain mixed, particularly within our Bath Furniture and other product categories, we continue to manage the business with discipline and remain focused on opportunities where we see the strongest long-term potential. Looking ahead, we expect Covered Bridge cabinetry to resume growth in …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
David Bruce | Chief Executive Officer & Director | USD 343,553 | Male | 1966 | Active |
Robert Kermelewicz | Sales Director | USD 287,236 | Male | 1964 | Active |
John Chen | Executive Chairman | USD 205,969 | Male | 1978 | Active |
Jae Chung | Chief Financial Officer | USD 164,769 | Male | 1968 | Active |
Jennifer Earl | President of FGI North America | — | Female | 1976 | Active |
Norman Kroenke | Executive Vice President of FGI Europe | — | Male | 1963 | Active |
A focus on digitization, e-commerce, product innovation and new marketing techniques is encouraging for industry players like ALH, HVT and FGI despite macro headwinds.
FGI Industries Ltd. (FGI) Q2 2026 Earnings Call Transcript
FGI Industries Ltd. (FGI) came out with quarterly earnings of $0.6 per share, beating the Zacks Consensus Estimate of a loss of $0.23 per share.
EAST HANOVER, N.J., Aug. 12, 2026 /PRNewswire/ -- FGI Industries Ltd.
EAST HANOVER, N.J., July 31, 2026 /PRNewswire/ -- FGI Industries Ltd.
