FST Corp. (NASDAQ: KBSX) Announces 31% Revenue Increase, Bottom Line Improvement for Fiscal Year 2025
2026 growth has accelerated, driven by significant inroads in several new geographic markets, including Japan and Europe, as well as by increased sales of an expanded graphite product line.
Boulder, Colorado–(Newsfile Corp. – April 21, 2026) – FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced its audited financial results for the fiscal year ended December 31, 2025.
Revenue was $47,969,791, a 31 percent increase from revenue of $36,499,644 for the year ended December 31, 2024. This improvement was primarily due to increased sales of the Company’s steel shafts to OEM partners and the growth of its KBS graphite shafts. These shafts accounted for more than half of the Company’s incremental revenue in 2025.
During that year, 97.2 percent of FST’s revenue came from sales of golf shafts, 2.2 percent from sales of sports accessories, food and beverage, and 0.6 percent from software service, compared with 96.8, 2.6, and 0.6 percent, respectively, in 2024.
Gross profit margin for 2025 remained stable at 43.0 percent, with a gross profit of $20,633,374, compared with 43.1 percent, with a gross profit of $15,713,389, for 2024.
Editor’s Note: If you’re a golfer, this is good news, as it further validates the golf market is expanding in 2026… the industry is aimed at reaching 50 million+ U.S. participants, with global golf equipment sales projected to grow to $9.17 billion to $9.64 billion amid a rising demand for high-tech clubs, accessories and apparel. (Source: Research Nester & Research & Markets)
