FGI Industries Q2 revenue rises 2.9% to $31.9 million; net income $1.3 million
FGI Industries reported second-quarter 2026 revenue of $31.9 million, up 2.9% from a year earlier, with gross margin rising to 33.4% from 28.1%. The company posted net income attributable to shareholders of $1.3 million, or $0.65 per diluted share, compared with a loss of $1.2 million, or $0.64 per diluted share, a year earlier. The company reaffirmed its fiscal 2026 guidance, which includes total net revenue of $134-141 million.
Key points
- Q2 2026 revenue was $31.9 million, up 2.9% year over year; gross profit was $10.7 million, up 22.5%.
- Operating income was $1.4 million, compared with an operating loss of $0.8 million in Q2 2025.
- Diluted EPS was $0.65 versus a loss of $0.64 a year earlier; cash was $4.4 million and total liquidity was $7.9 million at June 30, 2026.
- Fiscal 2026 guidance was reaffirmed, with total net revenue of $134-141 million and adjusted operating income of $0.7-2.5 million.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.