FGI Industries Ltd. Research And Development Expense

Quick Answer

FGI Industries Ltd. reported Research And Development Expense of $1.70 million for the year ending 2024.

  • FGI Industries Ltd. showed an increase of +23.4% in Research And Development Expense from 2023 to 2024.
  • This data is from FGI Industries Ltd.'s annual report (Form 10-K), filed with the SEC on March 31, 2025.
  • XBRL data for this metric is available from 2021 to 2024 (4 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
  • Quarterly values from 10-Q filings: Q1 2021: $133.8 thousand | Q2 2021: $155.4 thousand | Q3 2021: $197.0 thousand | Q1 2022: $313.7 thousand | Q2 2022: $235.7 thousand | Q3 2022: $238.6 thousand | Q1 2023: $351.8 thousand | Q2 2023: $377.1 thousand | Q3 2023: $423.7 thousand | Q1 2024: $320.7 thousand | Q2 2024: $530.8 thousand | Q3 2024: $452.0 thousand | Q1 2025: $316.7 thousand | Q2 2025: $484.5 thousand | Q3 2025: $283.9 thousand.
  • Over the full 4 years of available data (2021 to 2024), FGI Industries Ltd.'s Research And Development Expense has grown by 163.0%.
  • Historical annual values: Fiscal year 2024: $1.70 million | Fiscal year 2023: $1.38 million | Fiscal year 2022: $1.05 million | Fiscal year 2021: $646.1 thousand.
  • Data sourced from SEC EDGAR public filings as of August 9, 2026.

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