FGI Industries (FGIWW) Gross Margin (2021 - 2026)
FGI Industries (FGIWW) reported Gross Margin of 26.76% for Q1 2026, down 4.0% on a YoY basis from 27.87% in Q1 2025, and little changed quarter-over-quarter from 26.73% in Q4 2025.
FGI Industries (FGIWW) Gross Margin (2021 - 2026) Analysis & Trends
FGI Industries has reported Gross Margin for 6 years, with the latest figure at 26.76% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 4.0% year-over-year to 26.76%; the trailing twelve-month figure through Mar 2026 stood at 27.0% (up 25.0% YoY), and the FY2025 full-year result was 27.01%, up 13.0% from the prior year.
- Gross Margin for Q1 2026 stood at 26.76%, roughly flat from 26.73% in the prior quarter.
- The five-year high for Gross Margin was 30.52% in Q2 2024, with the low at 17.27% in Q1 2022.
- Historically, Gross Margin has averaged 25.4% across 5 years, with a median of 26.52% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin jumped 983 bps — and 2024, when it slumped 463 bps.
- FGI Industries' Gross Margin stood at 23.66% in 2022, then grew by 23 bps to 29.19% in 2023, then fell by 16 bps to 24.56% in 2024, then increased by 9 bps to 26.73% in 2025, then climbed by 0 bps to 26.76% in 2026.
- The last three Gross Margin figures came in at 26.76% (Q1 2026), 26.73% (Q4 2025), and 26.5% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 18.19 Bn | 18.19 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.95 Bn | 14.85 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.57 Bn | 5.70 Bn | 641.90 Mn | 23.52% |
| 4 | Alliance Laundry Holdings | 5.19 Bn | 5.03 Bn | 157.19 Mn | 36.82% |
| 5 | Whirlpool | 2.47 Bn | 1.83 Bn | 415.00 Mn | 12.68% |
| 6 | Hni | 2.38 Bn | 2.30 Bn | 499.90 Mn | 37.10% |
| 7 | Interface | 1.82 Bn | 1.76 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.54 Bn | 1.24 Bn | 233.51 Mn | 43.12% |
| 9 | Leggett & Platt | 1.46 Bn | 949.86 Mn | 170.70 Mn | 18.59% |
| 10 | FGI Industries | - | - | 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% |