FLEXIBLE SOLUTIONS INTERNATIONAL INC (FSI) Form 10-Q — May 15, 2026
Flexible Solutions International reported Q1 2026 revenue of $8.3 million, an 11% increase year-over-year, driven by higher customer orders for its TPA and EWCP product lines. Despite the top-line growth, the company posted a net loss of $283,357, compared to a $264,041 loss in the prior year period, with gross margins contracting due to scaling costs and lower-margin product mix. The company disclosed material weaknesses in its internal control over financial reporting, specifically related to the financial statement close and review process. Management stated that remediation is in progress and expected to be fully implemented by the fourth quarter of 2026.
Key figures
- Revenue
- 8296997
- Revenue Yoy
- 11%
- Cash Position
- 5821779
- Capex
- 2233765
- Working Capital
- 20878345
- Shares Outstanding
- 12737498
Price after filing
Close on the filing date to close N calendar days later (from $6.35). Historical, not a forecast.
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