Omega Flex Q3 2026 net income falls 36% as raw material and tariff costs rise
Omega Flex reported third quarter and nine-month 2026 results on October 28, 2026. Third-quarter net sales rose 6.0% to $25.7 million, but net income fell 36.0% to $2.4 million, and nine-month net income fell 37.7% to $7.1 million. Management attributed the profit decline mainly to higher raw material costs, including inbound transportation and tariffs, and to marketing for a new fitting.
Key points
- Nine-month net sales were $72.8 million, down $242,000 or 0.3% from $73.1 million a year earlier.
- Nine-month net income was $7.1 million, or $0.70 per share, versus $11.4 million, or $1.13 per share, in 2025.
- Third-quarter net income was $2.4 million, or $0.23 per share, versus $3.7 million, or $0.37 per share, in the prior-year quarter.
- Management said the higher costs will continue as it builds inventory and markets the new TracPipe fitting, which launched July 1, 2026, but it believes they will be limited in duration.
The filing
Written by AI on Nov 9, 2026, 8:36 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 October 28, 2026.
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