FGI Industries Reports Q3 Revenue of $35.8 Million and Net Loss of $1.65 Million

Reuters11-15

FGI Industries Reports Q3 Revenue of $35.8 Million and Net Loss of $1.65 Million

FGI Industries Ltd. reported third quarter 2025 revenue of $35.8 million, a decrease of 0.7% compared to the prior-year period. Gross profit was $9.5 million, up 2.0% year-over-year, with a gross margin of 26.5%, an increase of 70 basis points. Operating income was $0.4 million, and the net loss attributable to shareholders was $1.7 million. Adjusted operating income was $0.4 million, and adjusted net income was $0.2 million. Sanitaryware revenue increased 7.0% to $22.9 million, while Bath Furniture, Shower Systems, and Other revenue declined by 10.8%, 17.8%, and 0.7%, respectively. FGI ended the quarter with total liquidity of $14.2 million. Business developments included the expansion of Covered Bridge into new geographies and an increase in dealer count, as well as continued growth in the digital custom kitchen joint venture Isla Porter and dealer expansion in India. The company reiterated its fiscal 2025 guidance of total net revenue between $135.0 million and $145.0 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FGI Industries Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY25180) on November 14, 2025, and is solely responsible for the information contained therein.

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Gross profit was $9.5 million, up 2.0% year-over-year, with a gross margin of 26.5%, an increase of 70 basis points. Operating income was $0.4 million, and the net loss attributable to shareholders was $1.7 million. Adjusted operating income was $0.4 million, and adjusted net income was $0.2 million. Sanitaryware revenue increased 7.0% to $22.9 million, while Bath Furniture, Shower Systems, and Other revenue declined by 10.8%, 17.8%, and 0.7%, respectively. FGI ended the quarter with total liquidity of $14.2 million. Business developments included the expansion of Covered Bridge into new geographies and an increase in dealer count, as well as continued growth in the digital custom kitchen joint venture Isla Porter and dealer expansion in India. The company reiterated its fiscal 2025 guidance of total net revenue between $135.0 million and $145.0 million.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/FGIWW\">FGI Industries Ltd.</a> published the original content used to generate this news brief via PR Newswire (Ref. 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