earnings
confidence high
sentiment negative
materiality 0.70
FGI Industries Q2 2025 revenue $31M (+5.5%) but net loss $1.2M; margins compressed by tariffs
FGI Industries Ltd.
2025-Q2 EPS reported
-$0.97
revenue$64,210,808
- Net loss of $1.2M ($0.64 loss per share); adjusted net loss $1.2M ($0.61 loss per share).
- Gross margin dropped 240 bps to 28.1% due to tariffs and higher freight costs.
- Sanitaryware up 4.3%, Bath Furniture +2.7%, Shower Systems -11.2%; Other (cabinetry) +67.7%.
- FY 2025 guidance reaffirmed: revenue $135-145M, adjusted operating income ($2.0)-$1.5M.
- Company will hold earnings calls only for Q2 and Q4 going forward; tariffs remain a key headwind.
item 2.02item 9.01