Company / R&D Expense
FGI Industries Ltd. R&D Expense History
FY2022-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.7M
FY2025
5-year range
$646.1K / $1.7M
FY2022-FY2025
Trend
+23.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 3 consecutive years, from $646,069 in FY2022 to $2M in FY2025.
Based on SEC 10-K filings.
$2M in FY2025 with a 3-year CAGR of +38.0%.
Improved from $1M to $2M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +38.0%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- FGI Industries Ltd.'s r&d expense has grown for 3 consecutive years.
- 3-year CAGR of +38.0%, indicating consistent growth.
- In FY2025, r&d expense increased 23.4% year-over-year.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.7M | +23.4% |
| FY2024 | $1.4M | +30.6% |
| FY2023 | $1.1M | +63.1% |
| FY2022 | $646.1K | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026