FGI Industries (FGI) Research & Development (2021 - 2026)
FGI Industries (FGI) posted Research & Development of $406,316 for Q2 2026, down 16.1% from $484,502 a year earlier but up 43.8% from the prior quarter.
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Analysis
FGI Industries (FGI) Research & Development (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at FGI Industries was $1.31 million, down 20.9% year-over-year; for FY2025, it came in at $1.42 million, down 16.6% from FY2024.
- Annual Research & Development shows a four-year compound annual growth rate of 21.7% (FY2021 to FY2025).
- In prior years, FGI Industries' Research & Development was $1.7 million in FY2024 (+23.4%), $1.38 million in FY2023 (+30.6%), $1.05 million in FY2022 (+63.1%) and $646,069 in FY2021.
- Quarterly Research & Development has run from a low of $159,913 in Q4 2021 to a high of $530,797 in Q2 2024 over five years.
- On a year-over-year basis, Research & Development has declined in each of the last six quarters, with an average decline of 0.9% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q1 2022, with growth of 134.5%; the weakest was Q3 2025, with a decline of 37.2%.
- According to Business Quant data, Research & Development for the three prior quarters was $282,610 (Q1 2026), $332,234 (Q4 2025) and $283,867 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | - |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | - |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 148.00 Mn |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 39.00 Mn |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 15.40 Mn |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | - |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | - |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 11.40 Mn |
| 10 | FGI Industries | 15.26 Mn | 13.24 Mn | 10.66 Mn | 406,316.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 406,316.00 |
| Mar 31, 2026 | 282,610.00 |
| Dec 31, 2025 | 332,234.00 |
| Sep 30, 2025 | 283,867.00 |
| Jun 30, 2025 | 484,502.00 |
| Mar 31, 2025 | 316,726.00 |
| Dec 31, 2024 | 395,938.00 |
| Sep 30, 2024 | 451,975.00 |
| Jun 30, 2024 | 530,797.00 |
| Mar 31, 2024 | 320,673.00 |
| Dec 31, 2023 | 224,290.00 |
| Sep 30, 2023 | 423,697.00 |
| Jun 30, 2023 | 377,106.00 |
| Mar 31, 2023 | 351,751.00 |
| Dec 31, 2022 | 265,922.00 |
| Sep 30, 2022 | 238,638.00 |
| Jun 30, 2022 | 235,735.00 |
| Mar 31, 2022 | 313,681.00 |
| Dec 31, 2021 | 159,913.00 |
| Sep 30, 2021 | 197,032.00 |
API Access
FGI Industries Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=FGI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FGI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=FGI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();