Earnings ·
Flexible Solutions International reported a net loss of $1.9 million, or $0.15 per share, for the second quarter ended…
FSIFlexible Solutions International Inc
Flexible Solutions International reported a net loss of $1.9 million, or $0.15 per share, for the second quarter ended June 30, 2026, compared to a net income of $2.0 million in the prior year period. Revenue declined approximately 14% to $7.6 million from $8.9 million, primarily due to the absence of a $2.5 million R&D payment received in Q2 2025 and weakness in the ENP division. The company provided forward-looking revenue guidance for Q3 2026, expecting Panama division revenue to reach $3 million, ENP division revenue to exceed $5 million, and NanoChem division revenue to surpass $4 million. Flexible Solutions International develops and manufactures biodegradable polymers and environmentally safe technologies for oil extraction, water treatment, agriculture, and food nutrition supplements.