What is Flexible Solutions International's work in process?

Flexible Solutions International (FSI) reported work in process of $194.79K in Q1 2026.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Flexible Solutions International FSI Work in process

Work in process at other companies

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$5.9M—

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CVR EnergyCVI

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DuPont de Nemours, Inc.DD

——

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+40.0%

Enterprise value$87.55M+47.6%

P/E61.3×+41.4×

P/S2.2×+0.5×

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:InventoryWorkInProcess.

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

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What is Flexible Solutions International's work in process?: Flexible Solutions International (FSI) reported work in process of $194.79K in Q1 2026.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.