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FGI Industries (FGI) Revenue & Revenue Breakdown

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FGI Industries Revenue Highlights

Latest Revenue (Y)

$117.24M

Latest Revenue (Q)

$36.10M

Main Segment (Y)

Sanitaryware

Main Geography (Y)

United States

FGI Industries Revenue by Period

FGI Industries Revenue by Year

DateRevenueChange
2023-12-31$117.24M-27.50%
2022-12-31$161.72M-11.12%
2021-12-31$181.94M34.94%
2020-12-31$134.83M6.77%
2019-12-31$126.28M-

FGI Industries generated $117.24M in revenue during NA 2023, up -27.50% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

FGI Industries Revenue by Quarter

DateRevenueChange
2024-09-30$36.10M22.91%
2024-06-30$29.37M-4.50%
2024-03-31$30.75M-0.66%
2023-12-31$30.96M3.42%
2023-09-30$29.93M2.54%
2023-06-30$29.19M7.46%
2023-03-31$27.16M-14.56%
2022-12-31$31.79M-17.52%
2022-09-30$38.54M-19.38%
2022-06-30$47.81M9.72%
2022-03-31$43.58M-16.51%
2021-12-31$52.19M2.56%
2021-09-30$50.89M19.76%
2021-06-30$42.49M16.81%
2021-03-31$36.38M2.44%
2020-12-31$35.51M-1.07%
2020-09-30$35.89M13.17%
2020-06-30$31.71M-0.00%
2020-03-31$31.71M-

FGI Industries generated $36.10M in revenue during Q3 2024, up 22.91% compared to the previous quarter, and up 123.67% compared to the same period a year ago.

FGI Industries Revenue Breakdown

FGI Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22
Sanitaryware$75.55M$104.81M
Others$6.92M-
Bath Furniture$14.77M$29.52M
Kitchen and Bath, Other-$5.81M

FGI Industries's latest annual revenue breakdown by segment (product or service), as of Dec 23: Sanitaryware (77.69%), Bath Furniture (15.19%), and Others (7.12%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Sanitaryware$21.45M$20.52M$41.38M$18.82M$15.35M$20.24M$25.49M$32.24M$28.18M
Others$3.34M$1.39M$5.65M$1.27M-----
Bath Furniture$4.16M$3.09M$4.99M$4.81M$4.97M$6.12M$5.61M$7.71M$10.12M
Kitchen and Bath, Other----$1.81M$-16.16M$7.45M$7.86M$5.28M

FGI Industries's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Sanitaryware (74.08%), Bath Furniture (14.37%), and Others (11.54%).

FGI Industries Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22
Rest of World$99.21K-
Europe$11.48M$16.84M
United States$74.57M-
Canada$31.09M-
CANADA-$41.03M
UNITED STATES-$103.26M

FGI Industries's latest annual revenue breakdown by geography, as of Dec 23: United States (63.61%), Canada (26.52%), Europe (9.79%), and Rest of World (0.08%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
UNITED STATES$22.20M$19.60M$17.53M$22.39M$23.87M$29.65M$27.35M--
CANADA$9.92M$7.88M$6.52M$5.64M$9.49M$13.60M$12.30M--
Europe$3.42M$3.20M$5.73M$2.64M$3.11M$3.50M$4.85M$4.57M$3.93M
United States--$55.54M$19.03M-----
Canada--$23.58M$7.52M-----

FGI Industries's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (62.47%), CANADA (27.91%), and Europe (9.62%).

FGI Industries Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
TKLFYoshitsu$169.72M$37.08M
DRCTDirect Digital$157.11M$9.07M
HOURHour Loop$132.12M$31.08M
FGIFGI Industries$117.24M$36.10M
FGFFG Financial Group$26.84M$3.12M
MTEKMaris-Tech$4.03M$3.56M

FGI Revenue FAQ

What is FGI Industries’s yearly revenue?

FGI Industries's yearly revenue for 2023 was $117.24M, representing a decrease of -27.50% compared to 2022. The company's yearly revenue for 2022 was $161.72M, representing a decrease of -11.12% compared to 2021. FGI's yearly revenue for 2021 was $181.94M, representing an increase of 34.94% compared to 2020.

What is FGI Industries’s quarterly revenue?

FGI Industries's quarterly revenue for Q3 2024 was $36.1M, a 22.91% increase from the previous quarter (Q2 2024), and a 20.60% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $29.37M, a -4.50% decrease from the previous quarter (Q1 2024), and a 0.62% increase year-over-year (Q2 2023). FGI's quarterly revenue for Q1 2024 was $30.75M, a -0.66% decrease from the previous quarter (Q4 2023), and a 13.22% increase year-over-year (Q1 2023).

What is FGI Industries’s revenue growth rate?

FGI Industries's revenue growth rate for the last 3 years (2021-2023) was -35.56%, and for the last 5 years (2019-2023) was -7.16%.

What are FGI Industries’s revenue streams?

FGI Industries's revenue streams in c 23 are Sanitaryware, Others, and Bath Furniture. Sanitaryware generated $75.55M in revenue, accounting 77.69% of the company's total revenue, down -27.91% year-over-year. Others generated $6.92M in revenue, accounting 7.12% of the company's total revenue Bath Furniture generated $14.77M in revenue, accounting 15.19% of the company's total revenue, down -49.96% year-over-year.

What is FGI Industries’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of FGI Industries was Sanitaryware. This segment made a revenue of $75.55M, representing 77.69% of the company's total revenue.