Omega Flex, Inc. Announces Third Quarter 2026 Earnings
Omega Flex reported Q3 2026 net sales of $25.7 million, up 6.0% year-over-year, but net income fell 36.0% to $2.4 million with EPS of $0.23 versus $0.37 a year ago. Nine-month net income declined 37.7% to $7.1 million on roughly flat revenue of $72.8 million, with management attributing 52% of the decline to higher raw material costs, inbound transportation, tariffs, and launch marketing for a new fitting.
Key figures
- Eps
- 0.23
- Revenue
- 25697000
- Revenue Yoy
- 6.0%
- Q3 net income
- 2359000
- Prior year q3 eps
- 0.37
- Q3 net income yoy
- -36.0%
- Nine month revenue
- 72847000
- Nine month eps 2025
- 1.13
- Nine month eps 2026
- 0.7
- Nine month net income
- 7111000
- Nine month revenue yoy
- -0.3%
- Nine month net income yoy
- -37.7%
AI analysis
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