FLEXIBLE SOLUTIONS INTERNATIONAL INCFSIEarnings & Financial Report
Flexible Solutions International Inc develops and manufactures specialty chemicals for water conservation, energy efficiency, and agricultural use. Core products include water body evaporative reduction solutions, farm crop yield additives, and swimming pool heat retention products, serving customers across North America and global agricultural markets.
Revenue
$9.3M
Gross Profit
$3.8M
Operating Profit
$1.9M
Net Profit
$611.9K
Gross Margin
40.9%
Operating Margin
20.5%
Net Margin
6.6%
YoY Growth
6.8%
EPS
$0.05
FLEXIBLE SOLUTIONS INTERNATIONAL INC Q3 FY2024 Financial Summary
FLEXIBLE SOLUTIONS INTERNATIONAL INC reported revenue of $9.3M (up 6.8% YoY) for Q3 FY2024, with a net profit of $611.9K (up 185.2% YoY) (6.6% margin). Cost of goods sold was $5.5M, operating expenses totaled $1.9M.
Key Financial Metrics
| Total Revenue | $9.3M |
|---|---|
| Net Profit | $611.9K |
| Gross Margin | 40.9% |
| Operating Margin | 20.5% |
| Report Period | Q3 FY2024 |
FLEXIBLE SOLUTIONS INTERNATIONAL INC Annual Revenue by Year
FLEXIBLE SOLUTIONS INTERNATIONAL INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $38.5M).
| Year | Annual Revenue |
|---|---|
| 2025 | $38.5M |
| 2024 | $38.2M |
| 2023 | $38.3M |
| 2022 | $45.8M |
FLEXIBLE SOLUTIONS INTERNATIONAL INC Quarterly Revenue & Net Profit History
FLEXIBLE SOLUTIONS INTERNATIONAL INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $9.1M | -0.5% | $-460.9K | -5.1% |
| Q3 FY2025 | $10.6M | +13.3% | $-503.4K | -4.8% |
| Q2 FY2025 | $11.4M | +8.0% | $2.0M | 17.8% |
| Q1 FY2025 | $7.5M | -19.0% | $-277.7K | -3.7% |
| Q4 FY2024 | $9.2M | -2.7% | $679.6K | 7.4% |
| Q3 FY2024 | $9.3M | +6.8% | $611.9K | 6.6% |
| Q2 FY2024 | $10.5M | +1.9% | $1.3M | 12.3% |
| Q1 FY2024 | $9.2M | -6.3% | $457.2K | 5.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.2M | $10.5M | $9.3M | $9.2M | $7.5M | $11.4M | $10.6M | $9.1M |
| YoY Growth | -6.3% | 1.9% | 6.8% | -2.7% | -19.0% | 8.0% | 13.3% | -0.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $57.6M | $56.3M | $57.8M | $60.0M | $61.7M | $58.2M | $58.4M | $61.8M |
| Liabilities | $18.5M | $17.3M | $17.5M | $18.6M | $19.9M | $15.7M | $15.4M | $19.0M |
| Equity | $36.0M | $36.2M | $36.9M | $38.0M | $38.4M | $39.4M | $39.0M | $38.9M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-604819 | $5.9M | $2.5M | $-2.2M | $-544294 | $5.3M | $2.0M | $-3.0M |