FLEXIBLE SOLUTIONS INTERNATIONAL INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $38.5M | $38.2M | $38.3M | $45.8M | $34.4M |
| Cost of revenue | $26.0M | $25.0M | $27.9M | $32.0M | $23.0M |
| Gross profit | $12.5M | $13.2M | $10.4M | $13.9M | $11.4M |
| Selling, general & administrative | $3.6M | $2.9M | — | — | — |
| Research and development | $615,292 | $329,952 | $158,246 | $99,275 | $116,411 |
| Operating expenses | $7.9M | $7.7M | $6.9M | $6.8M | $5.9M |
| Operating income | $4.6M | $5.5M | $3.5M | $7.1M | $5.5M |
| Interest expense | — | — | $498,666 | $292,949 | $199,930 |
| Pretax income | $3.3M | $5.0M | $3.6M | $7.9M | $6.7M |
| Income tax expense | $899,583 | $851,211 | -$132,735 | $145,856 | $2.4M |
| Net income | $786,894 | $3.0M | $2.8M | $7.0M | $3.4M |
| Balance Sheet | |||||
| Cash and equivalents | — | $7.6M | $5.0M | — | $5.7M |
| Current assets | $32.9M | $34.6M | $30.2M | $31.0M | $23.8M |
| Total assets | $61.8M | $60.0M | $55.5M | $51.6M | $39.6M |
| Current liabilities | $10.8M | $11.9M | $10.1M | $10.3M | $9.8M |
| Total liabilities | $19.0M | $18.6M | $17.2M | $16.3M | $11.8M |
| Stockholders' equity | $38.9M | $38.0M | $35.2M | $32.6M | $25.1M |
| Cash Flow Statement | |||||
| Cash from operations | $3.8M | $5.6M | $6.1M | $1.5M | $4.5M |
| Depreciation and amortization | $1.8M | $1.8M | $1.5M | $1.1M | $773,497 |
| Stock-based compensation | $555,267 | $673,130 | $395,080 | $399,148 | $210,112 |
| Capital expenditure | $4.4M | $5.0M | $5.0M | $2.0M | $782,219 |
| Free cash flow | -$591,710 | $603,610 | $1.1M | -$504,404 | $3.8M |
| Dividends paid | $1.3M | $1.3M | $626,777 | — | — |
Shares outstanding 12.7M
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.