---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-035143"
form_type: "8-K"
ticker: "FGI"
cik: "0001864943"
company_name: "FGI Industries Ltd."
filed_at: "2026-05-14T20:29:22+00:00"
generated_at: "2026-05-14T20:30:52.131818+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FGI Q1 revenue $30.5M, -8.2% YoY; net loss $1.0M

## Summary
- Gross profit $8.2M (-8.3% YoY); gross margin 26.8% flat; operating loss $0.7M.
- Sanitaryware revenue $16.1M (-20% YoY); bath furniture +10.9%, shower systems +14.0%.
- Revenue declined 5.9% in U.S. and 25.5% in Canada; Europe up 15.4%.
- Liquidity $7.9M; management cites tariff uncertainty and China+1 sourcing strategy.
- Adjusted net loss $0.7M; operating expenses down 13.1% YoY to $8.9M.

## SEC filing metadata
- accession: 0001628280-26-035143
- form_type: 8-K
- ticker: FGI
- cik: 0001864943
- company_name: FGI Industries Ltd.
- filed_at: 2026-05-14T20:29:22+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/1864943/000162828026035143/0001628280-26-035143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864943/000162828026035143/fgi-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-035143
- JSON: https://secwatch.observer/filing/0001628280-26-035143.json
- Plain text: https://secwatch.observer/filing/0001628280-26-035143.txt

## Key facts
- Earnings Releases
  FGI Industries Ltd. reported first quarter 2026 results: revenue $30.5 million, net income net loss attributable to shareholders of $1.0 million.
  - Period: first quarter 2026
  - Revenue: $30.5 million
  - Net income: net loss attributable to shareholders of $1.0 million
  - Result: reported results
  source text: of kitchen and bath products, today announced results for the first quarter 2026. FIRST QUARTER 2026 HIGHLIGHTS (As compared to the first quarter of 2025) ▪ Total revenue of $30.5 million, -8.2% y/y ▪ Gross profit of $8.2 million , -8.3% y/y ▪ Gross margin of 26.8% , 0 bps y/y ▪ Operating loss of $0.7 million and net loss attributable to shareholders of $1.0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1864943/000162828026035143/0001628280-26-035143-index.htm

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