FGI Industries (FGI) Research & Development (2021 - 2026)
FGI Industries' (FGI) quarterly Research & Development came in at $6.0 million in Q2 2026, down 3.73% on a YoY basis from $6.2 million in Q2 2025, and down 3.82% quarter-over-quarter from $6.2 million in Q1 2026.
Analysis
FGI Industries (FGI) Research & Development (2021 - 2026) Analysis & Trends
FGI Industries (FGI) has reported Research & Development for 6 consecutive years, with $6.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development fell 3.73% year-over-year to $6.0 million; the trailing twelve-month figure through Jun 2026 stood at $23.9 million (down 9.99% YoY), and the FY2025 full-year result was $25.1 million, down 1.94% from the prior year.
- Research & Development fell to $6.0 million in Q2 2026 per FGI's latest filing, from $6.2 million in the prior quarter.
- Across five years, Research & Development topped out at $7.2 million in Q1 2025 and bottomed at $4.2 million in Q4 2022.
- Historically, Research & Development has averaged $5.6 million across 5 years, with a median of $5.9 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Research & Development jumped 39.37% in 2023, then declined 18.06% in 2025.
- Over 5 years, Research & Development stood at $4.2 million in 2022, then surged by 39.37% to $5.9 million in 2023, then climbed by 18.06% to $7.0 million in 2024, then slipped by 18.06% to $5.7 million in 2025, then advanced by 4.96% to $6.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $6.0 million, $6.2 million, and $5.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 25.97 Bn | 25.15 Bn | 1.14 Bn | 39.00 Mn |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 15.40 Mn |
| 3 | Masco | 13.46 Bn | 12.91 Bn | 868.00 Mn | - |
| 4 | Carlisle Companies | 13.28 Bn | 12.61 Bn | 568.40 Mn | 11.40 Mn |
| 5 | Allegion | 12.97 Bn | 12.65 Bn | 517.50 Mn | - |
| 6 | Owens Corning | 10.23 Bn | 9.96 Bn | 793.00 Mn | 35.00 Mn |
| 7 | Advanced Drainage Systems | 9.72 Bn | 9.56 Bn | 408.05 Mn | 130.82 Mn |
| 8 | Acuity Inc. (De) | 9.58 Bn | 9.17 Bn | 606.40 Mn | - |
| 9 | Zurn Elkay Water Solutions | 7.59 Bn | 7.23 Bn | 288.30 Mn | - |
| 10 | FGI Industries | 15.95 Mn | 15.95 Mn | 10.66 Mn | 5.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.98 Mn |
| Mar 31, 2026 | 6.22 Mn |
| Dec 31, 2025 | 5.70 Mn |
| Sep 30, 2025 | 6.06 Mn |
| Jun 30, 2025 | 6.21 Mn |
| Mar 31, 2025 | 7.16 Mn |
| Dec 31, 2024 | 6.95 Mn |
| Sep 30, 2024 | 6.28 Mn |
| Jun 30, 2024 | 6.26 Mn |
| Mar 31, 2024 | 6.13 Mn |
| Dec 31, 2023 | 5.89 Mn |
| Sep 30, 2023 | 4.57 Mn |
| Jun 30, 2023 | 4.80 Mn |
| Mar 31, 2023 | 4.71 Mn |
| Dec 31, 2022 | 4.22 Mn |
| Sep 30, 2022 | 4.27 Mn |
| Jun 30, 2022 | 4.36 Mn |
| Mar 31, 2022 | 4.68 Mn |
| Dec 31, 2021 | 5.00 Mn |
| Sep 30, 2021 | 4.61 Mn |