FGI Industries Ltd. (FGI) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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FGI Revenue Growth
Revenue Breakdown (FY 2024)
FGI's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
FGI Revenue Analysis (2019–2024)
As of May 8, 2026, FGI Industries Ltd. (FGI) generated trailing twelve-month (TTM) revenue of $135.7 million, reflecting slight decline in growth of -0.7% year-over-year. The most recent quarter (Q3 2025) recorded $35.8 million in revenue, up 15.6% sequentially.
Looking at the longer-term picture, FGI's 5-year compound annual growth rate (CAGR) stands at +0.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $181.9 million in 2021.
Revenue diversification analysis shows FGI's business is primarily driven by Sanitaryware (76%), Bath Furniture (14%), and Others (10%). With over half of revenue concentrated in Sanitaryware, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including SWIM (+8.3% YoY), LESL (-21.2% YoY), and DORM (+5.0% YoY), FGI has underperformed the peer group in terms of revenue growth. Compare FGI vs SWIM →
FGI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FGICurrent | $136M | -0.7% | +0.9% | -1.6% | |
 SWIM | $546M | +8.3% | +6.2% | 5.8% | |
 LESL | $1.2B | -21.2% | +7.5% | 1.1% | |
 DORM | $2.1B | +5.0% | +14.3% | 16.8% | |
 AMWD | $1.7B | -13.6% | +0.7% | 8.2% | |
 MAS | $7.6B | -0.3% | +1.0% | 16.8% |
FGI Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $131.8M | +12.4% | $35.4M | 26.9% | $-2,099,591 | -1.6% |
| 2023 | $117.2M | -27.5% | $32.1M | 27.4% | $2.3M | 2.0% |
| 2022 | $161.7M | -11.1% | $31.5M | 19.5% | $5.1M | 3.1% |
| 2021 | $181.9M | +34.9% | $32.2M | 17.7% | $7.7M | 4.2% |
| 2020 | $134.8M | +6.8% | $28.4M | 21.1% | $6.3M | 4.7% |
| 2019 | $126.3M | - | $25.4M | 20.1% | $2.5M | 1.9% |
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Start ComparisonFGI — Frequently Asked Questions
Quick answers to the most common questions about buying FGI stock.
Is FGI's revenue growth accelerating or slowing?
FGI revenue growth slowed to -0.7%, below the 5-year CAGR of +0.9%. TTM revenue is $136M. The deceleration marks a shift from historical growth rates.
What is FGI's long-term revenue growth rate?
FGI Industries Ltd.'s 5-year revenue CAGR of +0.9% reflects the variable expansion pattern. Current YoY growth of -0.7% is near this long-term average.
How is FGI's revenue distributed by segment?
FGI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.