Revenue: As of FY2026 Q2, the actual value is USD 31.89 M.

EPS: As of FY2026 Q2, the actual value is USD 0.65.

EBIT: As of FY2026 Q2, the actual value is USD 1.849 M.

Second Quarter 2026 Financial Highlights (vs. Second Quarter 2025)

Revenue

• Total revenue was $31.9 million, representing a 2.9% year-over-year increase.
• Sanitaryware revenue was $19.1 million, up from $18.1 million in the prior-year period.
• Bath Furniture revenue was $3.5 million, a decrease from $4.1 million in the prior-year period.
• Shower Systems revenue was $6.0 million, an increase from $5.2 million last year.
• Other revenue, primarily from Kitchen Cabinets, was $3.2 million, a decrease from $3.5 million in the prior year.
• Revenue increased 20.3% in the U.S.
• Revenue decreased 24.5% in Canada.
• Revenue decreased 21.0% in the European market.
• Sanitaryware and shower systems revenue increased 5.9% and 15.2% year-over-year, respectively.
• Bath Furniture and Other business segments decreased 15.5% and 9.2%, respectively.

Gross Profit and Margin

• Gross profit was $10.7 million, an increase of 22.5% year-over-year.
• Gross margin was 33.4%, an increase of 530 basis points year-over-year from 28.1% in the second quarter of 2025.

Operating Income and Margin

• Operating income was $1.4 million, improving from an operating loss of - $0.8 million in the prior-year period.
• Adjusted operating income was $1.4 million, compared to a loss of - $0.8 million in the prior-year period.
• Operating margin and adjusted operating margin were both 4.4%, up from -2.7% in the same period last year.
• Overall operating expenses decreased 2.9% year-over-year to $9.3 million.

Net Income

• GAAP net income attributable to shareholders was $1.3 million, compared to a net loss of - $1.2 million in the same period last year.
• Adjusted net income was $1.2 million, compared to an adjusted net loss of - $1.2 million for the same prior-year period.

Six Months Ended June 30, 2026 Financials (vs. Six Months Ended June 30, 2025)

Income and Loss

• Net loss was - $16,503, an improvement from - $2,180,022 in the prior-year period.
• Net income attributable to FGI Industries Ltd. shareholders was $326,704, compared to a net loss of - $1,860,616 in the prior-year period.
• Comprehensive income (loss) attributable to FGI Industries Ltd. shareholders was - $208,916, an improvement from - $1,171,149 in the prior-year period.

Cash Flow

• Net cash provided by operating activities was $1,815,957, compared to $195,667 in the prior-year period.
• Net cash used in investing activities was - $175,399, compared to - $631,150 in the prior-year period.
• Net cash provided by financing activities was $1,166,161, compared to net cash used in financing activities of - $1,943,867 in the prior-year period.

Financial Resources and Liquidity (as of June 30, 2026)

• Cash was $4.4 million.
• Total debt was $13.0 million.
• Availability under credit facilities net of letters of credit was $3.4 million.
• Total liquidity was $7.9 million.

Fiscal Year 2026 Financial Guidance

FGI Industries Ltd. reaffirms its fiscal 2026 guidance, projecting total net revenue between $134 million and $141 million. The company expects total adjusted operating income to range from $0.7 million to $2.5 million. Total adjusted net income is anticipated to be between - $0.3 million and $1.1 million.