FGI Industries (FGI) Operating Expenses (2021 - 2026)
FGI Industries (FGI) posted Operating Expenses of $8.9 million for Q1 2026, up 0.54% on a QoQ basis from $8.8 million in Q4 2025, and down 13.05% year-over-year from $10.2 million in Q1 2025.
FGI Industries (FGI) Operating Expenses (2021 - 2026) Analysis & Trends
FGI Industries' Operating Expenses history runs 6 years deep, the most recent figure standing at $8.9 million for Q1 2026.
- Quarterly Operating Expenses fell 13.05% year-over-year to $8.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $36.3 million (down 6.8% YoY) and the FY2025 annual result came in at $37.7 million, changed 0.34% from the prior year.
- Operating Expenses was $8.9 million for Q1 2026 at FGI Industries, up from $8.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $10.2 million in Q1 2025 and bottomed at $6.4 million in Q3 2022.
- A 5-year average of $8.2 million and a median of $8.7 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses grew 28.43% — and 2026, when it dropped 13.05%.
- FGI Industries' Operating Expenses stood at $6.5 million in 2022, then climbed by 19.49% to $7.8 million in 2023, then rose by 28.43% to $10.0 million in 2024, then decreased by 12.0% to $8.8 million in 2025, then grew by 0.54% to $8.9 million in 2026.
- Business Quant data shows FGI's Operating Expenses at $8.9 million in Q1 2026, $8.8 million in Q4 2025, and $9.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 20.70 Bn | 20.19 Bn | 694.97 Mn | 530.44 Mn |
| 2 | Somnigroup International | 14.48 Bn | 14.38 Bn | 776.90 Mn | 428.50 Mn |
| 3 | Mohawk Industries | 6.76 Bn | 5.89 Bn | 641.90 Mn | 530.10 Mn |
| 4 | Alliance Laundry Holdings | 4.98 Bn | 4.85 Bn | 157.19 Mn | 73.38 Mn |
| 5 | Hni | 2.92 Bn | 2.84 Bn | 499.90 Mn | 606.30 Mn |
| 6 | Whirlpool | 2.13 Bn | 1.49 Bn | 415.00 Mn | 391.00 Mn |
| 7 | Interface | 1.90 Bn | 1.83 Bn | 126.72 Mn | 94.39 Mn |
| 8 | La-Z-Boy | 1.57 Bn | 1.28 Bn | 262.76 Mn | 201.56 Mn |
| 9 | Millerknoll | 1.46 Bn | 1.36 Bn | 395.60 Mn | 344.20 Mn |
| 10 | FGI Industries | 8.40 Mn | 6.56 Mn | 8.16 Mn | 8.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.85 Mn |
| Dec 31, 2025 | 8.80 Mn |
| Sep 30, 2025 | 9.13 Mn |
| Jun 30, 2025 | 9.54 Mn |
| Mar 31, 2025 | 10.18 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Sep 30, 2024 | 9.37 Mn |
| Jun 30, 2024 | 9.41 Mn |
| Mar 31, 2024 | 8.73 Mn |
| Dec 31, 2023 | 7.79 Mn |
| Sep 30, 2023 | 7.35 Mn |
| Jun 30, 2023 | 7.43 Mn |
| Mar 31, 2023 | 7.21 Mn |
| Dec 31, 2022 | 6.52 Mn |
| Sep 30, 2022 | 6.37 Mn |
| Jun 30, 2022 | 6.69 Mn |
| Mar 31, 2022 | 6.83 Mn |
| Dec 31, 2021 | 6.85 Mn |
| Sep 30, 2021 | 6.32 Mn |
| Jun 30, 2021 | 5.87 Mn |