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EarningsQ2 2026 Earnings Report
FGI Q2 2026 EPS Results
Actual EPS$0.60
Consensus EPS$0.10
Beat/MissBeat by +$0.50
One Year Ago EPS-$0.61
FGI Q2 2026 Revenue Results
Actual Revenue$31.89M
Expected Revenue$33.85M
Beat/MissMissed by -$1.97M
YoY Revenue Growth+2.86%
Earnings Announcement Details
QuarterQ2 2026
Date08/12/2026
TimeAfter Close
Conference CallWednesday, August 12, 2026
FGI Upcoming Earnings
FGI Industries Ltd's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
FGI Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call reported meaningful sequential and year‑over‑year financial improvements — revenue growth (+2.9%), strong gross profit expansion (+22.5%) and a return to GAAP profitability — alongside operational progress (warehouse expansion, branded product momentum and lower operating expenses). However, several material risks remain: tariff uncertainty and one‑time trade recoveries driving much of the improvement, a soft R&R market with increased promotions, regional weakness in Canada, and modest liquidity. On balance the quarter showed clear financial improvement and strategic progress but with notable execution and macro risks that could temper future results.Company Guidance
Return to GAAP Profitability
GAAP operating gain of $1.4 million (vs. an operating loss of $0.8 million prior year). GAAP net income attributable to shareholders of $1.3 million (vs. loss of $1.2 million), and adjusted net income of $1.2 million (vs. loss of $1.2 million).
Product & Channel Momentum
Sanitaryware and Shower Systems delivered year‑over‑year revenue growth; Shower Systems gaining traction from new products and expanded distribution. Management expects Covered Bridge cabinetry to resume growth in H2 2026.
Operational Investments to Support Growth
Plans to open a new distribution center in Texas (Houston) by year‑end to support southern U.S. distribution and expand wholesale territory for branded products, aligning with the BPC (brands, products, channels) growth strategy.
Guidance Maintained
Company reaffirmed 2026 guidance (revenue $134M–$141M; adjusted operating income $0.7M–$2.5M; adjusted net income -$0.3M to $1.1M) and noted guidance excludes trade‑related recoveries.
Revenue Growth
Revenue of $31.9 million in Q2 2026, up 2.9% year‑over‑year, reflecting continued top‑line growth despite mixed market conditions.
Gross Profit and Margin Expansion
Gross profit increased to $10.7 million (+22.5% YoY) and gross margin expanded to 33.4% from 28.1% a year ago (up ~5.3 percentage points), driven primarily by trade‑related recoveries.
Operating Expense Discipline
Total operating expenses decreased to $9.3 million from $9.5 million year‑over‑year due to lower selling & distribution costs and warehouse optimization, supporting improved profitability.
FGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed