FGI Industries made $31.7 million in sales last quarter, down 11.6% from last year, and lost $0.9 million.

Nov 12, 2026, 4:31 PM ETResultsRead the original at SEC EDGAR

Bad for FGI

FGI's sales fell and it moved from operating profit to operating loss. A larger share of sales remained after product costs, and new program awards may help later, but those gains do not make up for the current decline.

FGI · FGI Industries Ltd.

AI read · Bad for FGI

The AI's read

Fewer housing and remodeling projects, along with lower sales of sanitaryware and shower systems, weighed on FGI. New toilet and vanity awards could help later, but they had not yet brought in enough sales to make up for the decline. A larger share of sales remained after product costs, but FGI still moved from operating profit to operating loss.

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