FGI Industries (FGI) Gross Margin (2021 - 2026)
FGI Industries (FGI) posted Gross Margin of 26.76% for Q1 2026, little changed on a QoQ basis from 26.73% in Q4 2025, and down 4.0% year-over-year from 27.87% in Q1 2025.
FGI Industries (FGI) Gross Margin (2021 - 2026) Analysis & Trends
FGI Industries' Gross Margin history runs 6 years deep, the most recent figure standing at 26.76% for Q1 2026.
- Quarterly Gross Margin fell 4.0% year-over-year to 26.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.0% (up 25.0% YoY) and the FY2025 annual result came in at 27.01%, up 13.0% from the prior year.
- Gross Margin was 26.76% for Q1 2026 at FGI Industries, roughly flat from 26.73% in the prior quarter.
- Across five years, Gross Margin topped out at 30.52% in Q2 2024 and bottomed at 17.27% in Q1 2022.
- A 5-year average of 25.4% and a median of 26.52% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 983 bps — and 2024, when it sank 463 bps.
- FGI Industries' Gross Margin stood at 23.66% in 2022, then rose by 23 bps to 29.19% in 2023, then decreased by 16 bps to 24.56% in 2024, then gained by 9 bps to 26.73% in 2025, then increased by 0 bps to 26.76% in 2026.
- Business Quant data shows FGI's Gross Margin at 26.76% in Q1 2026, 26.73% in Q4 2025, and 26.5% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | 23.52% |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 36.82% |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 37.10% |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 12.68% |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 46.07% |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 39.39% |
| 10 | FGI Industries | 8.40 Mn | 6.56 Mn | 8.16 Mn | 26.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.76% |
| Dec 31, 2025 | 26.73% |
| Sep 30, 2025 | 26.50% |
| Jun 30, 2025 | 28.09% |
| Mar 31, 2025 | 26.80% |
| Dec 31, 2024 | 24.56% |
| Sep 30, 2024 | 25.79% |
| Jun 30, 2024 | 30.52% |
| Mar 31, 2024 | 27.36% |
| Dec 31, 2023 | 29.19% |
| Sep 30, 2023 | 26.16% |
| Jun 30, 2023 | 27.44% |
| Mar 31, 2023 | 26.52% |
| Dec 31, 2022 | 23.66% |
| Sep 30, 2022 | 20.86% |
| Jun 30, 2022 | 17.61% |
| Mar 31, 2022 | 17.27% |
| Dec 31, 2021 | 14.50% |
| Sep 30, 2021 | 15.97% |
| Jun 30, 2021 | 21.63% |