FSI swings to Q2 2026 net loss of $1.9 million on 14% sales decline
Flexible Solutions International reported a second-quarter 2026 net loss of $1,912,967, or $0.15 per share, versus net income of $2,028,912, or $0.16 per share, a year earlier. Sales fell about 14% to $7,610,148, and management said scale-up costs for food-grade and Panama operations outweighed revenue so far, with the company expecting a return to profitability in Q3 2026.
Key points
- Q2 2026 sales were $7,610,148, down about 14% from $8,867,132 in Q2 2025, which included a $2.5 million R&D payment not repeated in 2026.
- Q2 2026 net loss was $1,912,967 ($0.15 per share), compared with net income of $2,028,912 ($0.16 per share) in Q2 2025.
- Management guided that Panama revenue could reach $3 million, ENP revenue could exceed $5 million, and NanoChem revenue could exceed $4 million in Q3 2026.
- Management expects to raise prices to customers in the third or fourth quarter unless oil prices fall significantly.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.