v3.26.1
Summary of significant accounting policies (Tables)
 6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Property and Equipment, Net Estimated useful lives are as follows:
Useful Life
Building20 years
Leasehold Improvements
Lesser of lease term and expected useful life
Machinery and equipment
3 – 5 years
Furniture and fixtures
3 – 5 years
Vehicles5 years
Molds
3 – 5 years
Property and equipment, net consist of the following:
As of
June 30, 2026		As of
December 31, 2025
USDUSD
Building$946,066 $946,066 
Leasehold Improvements2,411,864 2,387,353 
Machinery and equipment4,025,253 3,954,055 
Furniture and fixtures280,558 281,498 
Vehicles147,912 147,912 
Molds26,377 26,377 
Construction-in-progress42,000 — 
Subtotal7,880,030 7,743,261 
Less: accumulated depreciation(4,217,612)(3,889,397)
Total$3,662,418 $3,853,864 
Schedule of Disaggregated Revenues by Product Line
The Company’s disaggregated revenue is summarized as follows:
For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
2026202520262025
USDUSDUSDUSD
Revenue by product line
Sanitaryware$19,141,529 $18,082,905 $35,267,898 $38,242,757 
Bath Furniture3,498,036 4,138,223 8,044,183 8,238,605 
Shower System6,027,171 5,230,862 12,507,473 10,917,179 
Others3,218,816 3,546,270 6,567,458 6,812,267 
Total$31,885,552 $30,998,260 $62,387,012 $64,210,808 
Schedule of Revenues and Assets by Geographic Location
Total RevenueTotal Assets
For the Three Months Ended
June 30,		For the Six Months Ended
June 30,		As of
June 30,		As of
December 31,
202620252026202520262025
USDUSDUSDUSDUSDUSD
Revenue/ total assets by geographic location
United States$21,620,872 $17,970,861 $41,532,016 $39,139,233 $46,896,342 $46,087,727 
Canada6,617,497 8,768,471 12,714,583 16,952,614 11,217,749 12,686,259 
Europe2,872,183 3,636,110 6,454,256 6,741,104 2,145,799 2,393,191 
Rest of World775,000 622,818 1,686,157 1,377,857 7,547,241 8,370,404 
Total$31,885,552 $30,998,260 $62,387,012 $64,210,808 $67,807,131 $69,537,581 
Schedule of Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share for the three and six months ended June 30, 2026 and 2025:
For the Three Months Ended
June 30,		For the Six Months Ended
June 30,
2026202520262025
USDUSDUSDUSD
Numerator:
Net income (loss) attributable to FGI Industries Ltd. shareholders$1,296,109$(1,231,524)$326,704 $(1,860,616)
Denominator:
Weighted-average number of ordinary shares outstanding — basic
1,930,1441,918,2481,925,4081,917,029
Potentially dilutive shares from outstanding options/RSUs78,162—45,015—
Weighted-average number of ordinary shares outstanding — diluted
2,008,3061,918,2481,970,4231,917,029
Earnings (loss) per share — basic$0.67$(0.64)$0.17 $(0.97)
Earnings (loss) per share — diluted$0.65$(0.64)$0.17 $(0.97)