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
$11.4M
Gross Profit
$5.4M
Operating Profit
$3.3M
Net Profit
$2.0M
Gross Margin
47.4%
Operating Margin
29.0%
Net Margin
17.8%
YoY Growth
8.0%
EPS
$0.15
FLEXIBLE SOLUTIONS INTERNATIONAL INC Q2 FY2025 Financial Summary
FLEXIBLE SOLUTIONS INTERNATIONAL INC reported revenue of $11.4M (up 8.0% YoY) for Q2 FY2025, with a net profit of $2.0M (up 57.3% YoY) (17.8% margin). Cost of goods sold was $6.0M, operating expenses totaled $2.1M.
Key Financial Metrics
| Total Revenue | $11.4M |
|---|---|
| Net Profit | $2.0M |
| Gross Margin | 47.4% |
| Operating Margin | 29.0% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
FLEXIBLE SOLUTIONS INTERNATIONAL INC Q2 FY2025 revenue of $11.4M breaks down across 2 segments, led by Products at $8.9M (78.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $8.9M | 78.0% |
| Research And Development Services | $2.5M | 22.0% |
FLEXIBLE SOLUTIONS INTERNATIONAL INC Revenue by Segment — Quarterly Trend
FLEXIBLE SOLUTIONS INTERNATIONAL INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Research And Development Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Products | — | $10.6M | $8.9M | — |
| Research And Development Services | — | — | $2.5M | — |
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 |