The sharp Q4 revenue decline and widened loss signal ongoing tariff and demand headwinds; monitor 2026 guidance execution and liquidity as key indicators of stability.
Price Chart
Executive Summary
FGI Industries reported Q4 2025 revenue of $30.5 million, down 14.4% year-over-year, and a net loss of $2.6 million, or $1.37 per share. Full-year revenue declined 1.0% to $130.5 million. The company guided 2026 revenue of $134–141 million and adjusted net income of $(0.3)–1.1 million.
Key Financial Metrics
Key Facts
- Q4 2025 revenue: $30.5M (-14.4% YoY)
- Q4 net loss: $2.6M (-550% YoY), or $1.37 per share
- Full-year 2025 revenue: $130.5M (-1.0% YoY)
- 2026 guidance: $134–141M revenue, $0.7–2.5M adjusted operating income
- Liquidity at year-end: $8.5M
Financial Impact
Revenue down 14.4% YoY in Q4, net loss widened to $2.6M from $0.4M; full-year revenue declined 1.0%
Risk Factors
- Tariff and macroeconomic uncertainty impacting customer ordering
- Declining revenue across core product lines (sanitaryware, bath furniture, shower systems)
- Narrowing liquidity (down from $14.2M in Q3 to $8.5M in Q4)
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-024473 |
| Document: fgi-20260409.htm | 0001628280-26-024473 |
| Document: 0001628280-26-024473-index-headers.html | 0001628280-26-024473 |
| Document: 0001628280-26-024473-index.html | 0001628280-26-024473 |
| Document: 0001628280-26-024473.txt | 0001628280-26-024473 |
| 8-K Data (Synthetic) | 0001628280-26-024473 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 14, 2026 23w ago | 8-K | $0.0352 $0.0732 | ▼ −107.95% | ▼ −103.44% | — |
Apr 23, 2026 26w ago | 8-K | $0.0352 $0.0220 | ▲ +37.50% | ▲ +42.58% | — |
Apr 9, 2026 28w ago | 8-K | $0.0352 | awaiting T+60 | — | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers