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Other financials

Income statement

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Revenue$8.3M+11.0%
Gross profit$1.9M-3.2%
Operating income-$86.0K-24.3%
Net income-$241.4K+13.1%
EPS (diluted)-$0.020.0%

Balance sheet

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Cash & equivalents$5.8M-39.6%
Total debt$8.5M+4.8%
Total equity$38.8M+1.0%
Total assets$63.9M+3.6%

Cash flow

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Operating cash flow-$1.8M-234%
CapEx$2.2M+531%
Free cash flow-$4.1M-351%

Valuation

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Market cap$84.83M+49.1%
Enterprise value$87.55M+56.8%
P/E61.3×+42.6×
P/S2.2×+0.6×

Profitability

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Gross margin31.7%-2.2pp
Operating margin11.7%-1.2pp
Net margin3.5%-2.8pp
FCF margin-9.5%

Returns & leverage

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Return on equity3.6%-2.6pp
Debt / equity0.2×0.0×
Current ratio2.6×-0.2×

Where this comes from

Reported directly by Flexible Solutions International in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: Flexible Solutions International’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flexible Solutions International's gross profit?
Flexible Solutions International (FSI) reported gross profit of $1.89M in Q1 2026.
How has Flexible Solutions International's gross profit changed year-over-year?
Flexible Solutions International's gross profit decreased by 3.7% year-over-year, from $1.96M to $1.89M.
What is the long-term trend for Flexible Solutions International's gross profit?
Over 2 years (2023 to 2025), Flexible Solutions International's gross profit has grown at a 9.6% compound annual growth rate (CAGR), from $10.44M to $12.55M.
What does gross profit mean?
Gross profit is calculated as the segment revenue minus the direct costs of goods and services sold. It measures the fundamental profitability of the segment's core operations before accounting for overhead or operating expenses. A stable or expanding gross profit margin indicates strong pricing power and effective control over direct production costs.