Flexible Solutions Q1 Sales Rise 11% to $8.3M, Cash Flow Up 20%
Flexible Solutions International posted Q1 2026 sales of $8.3 million, an 11% increase from $7.47 million a year earlier, while narrowing its net loss to $241,420 from $277,734. Non-GAAP operating cash flow climbed to $575,240 ($0.05 per share), up from $480,268 ($0.04), as Panama factory output ramps.
1. Financial Results
Flexible Solutions International reported Q1 revenue of $8,296,997, up 11% from $7,473,692 in Q1 2025. The company narrowed its GAAP net loss to $241,420, or $0.02 per share, versus $277,734, or $0.02 per share, in the prior year period.
2. Operating Cash Flow
Non-GAAP operating cash flow rose 20% to $575,240, or $0.05 per share, compared with $480,268, or $0.04 per share, a year earlier. Adjustments excluded depreciation, stock compensation, interest costs, investment gains and one-time items.
3. Expansion and Production Ramp
Despite significant expansion costs for new contracts won in 2025 and a Panama factory, production line for the January 2025 extraction contract is running and output is steadily increasing. Management expects new contract revenues to become evident in Q2 results.
4. Upcoming Conference Call
A conference call is scheduled for May 18, 2026 at 11:00 am Eastern Time to discuss Q1 results. CEO Daniel B. O’Brien will present and answer questions; participants must give name and company affiliation upon dialing in.