---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-052374"
form_type: "8-K"
ticker: "FGI"
cik: "0001864943"
company_name: "FGI Industries Ltd."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:55:46.299018+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FGI Industries reports Q3 net loss $1.7M; revenue flat -0.7% YoY; gross margin +70bps

## Summary
- Revenue $35.8M, -0.7% YoY; gross margin 26.5%, +70 bps.
- GAAP net loss $1.7M ($0.86 per share) vs loss $0.6M ($0.29) YoY.
- Adjusted net income $0.2M ($0.13/share) vs adjusted loss $0.1M (-$0.06) YoY.
- Sanitaryware revenue +7% YoY; shower systems -17.8%; bath furniture -10.8%.
- FY 2025 guidance reiterated: rev $135-145M, adj op income $(2.0)-1.5M. Quarterly calls for Q2 and Q4 only.

## SEC filing metadata
- accession: 0001628280-25-052374
- form_type: 8-K
- ticker: FGI
- cik: 0001864943
- company_name: FGI Industries Ltd.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864943/000162828025052374/0001628280-25-052374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864943/000162828025052374/fgi-20251114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-052374
- JSON: https://secwatch.observer/filing/0001628280-25-052374.json
- Plain text: https://secwatch.observer/filing/0001628280-25-052374.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.