{"success":true,"data":{"pressRelease":{"id":"119815","rtpr_id":"nGNX7808QV","ticker":"FSI","exchange":"NYSE American","all_tickers":["FSI"],"title":"FSI ANNOUNCES SECOND QUARTER, 2026 FINANCIAL RESULTS","author":"Globe Newswire","published_at":"2026-08-14T21:00:00.143Z","article_body":"A CONFERENCE CALL IS SCHEDULED FOR MONDAY, AUGUST 17, 2026 11:00AM EASTERN\nTIME\n\nSEE DIAL IN NUMBER BELOW\n\nTABER, ALBERTA, Aug. 14, 2026 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS\nINTERNATIONAL, INC. (NYSE Amex: FSI), is the developer and manufacturer of\nbiodegradable polymers for oil extraction, detergent ingredients and water\ntreatment as well as crop nutrient availability chemistry. Flexible Solutions\nalso manufactures biodegradable and environmentally safe water and energy\nconservation technologies. FSI is also increasing its presense in the food and\nnutrition supplement manufacturing markets. Today the Company announces\nfinancial results for second quarter ended June 30, 2026.\n\nMr. Daniel B. O’Brien, CEO, states, “This quarter shows the costs of\nscaling the food grade contracts while the revenue from scaling is not yet\nfully evident. It also shows the last of the training and development costs in\nour Panama plant, again, with the revenue lagging the costs. Also, Q2 is the\nweakest quarter for our ENP division. Finally, the year earlier period had a\n$2.5 million R&D payment that was not repeated in this year.”\n\nMr. O’Brien continues, “We rarely give forward guidance. However, we would\nlike to disclose; that we hope the Panama division will contribute $3 million\nin revenue in Q3, that we hope that ENP division revenue will exceed $5\nmillion for the coming quarter and hope that, the NanoChem division will\ncontinue to scale the food product contracts resulting in NanoChem revenue\nexceeding $4 million in Q3.”\n* Sales for the second quarter (Q2) were $7,610,148 down approximately 14%\nwhen compared to sales of $8,867,132 in the corresponding period a year ago.\n* Q2, 2026 net loss was $1,912,967, or ($0.15) compared to a net income of\n$2,028,912, or $0.16 per share, in Q2, 2025.\n* Basic weighted average shares used in computing earnings per share amounts\nwere 12,744,311 and 12,647,532 for Q2, 2026 and Q2, 2025 respectively. See the\nfinancials for diluted share count.\nThe NanoChem division and ENP subsidiary continue to be the dominant sources\nof revenue and cash flow for the Company. New opportunities continue to unfold\nin detergent, water treatment, oil field extraction, turf, ornamental and\nagricultural use to further increase sales in these divisions. More recently,\nopportunities in the food and nutrition supplement manufacturing markets have\nemerged.\n\nCONFERENCE CALL\nA conference call has been scheduled for 11:00 am Eastern Time, 8:00 am\nPacific Time, on Monday August 17th, 2026. CEO, Dan O’Brien will be\npresenting and answering questions on the conference call. To participate in\nthis call please dial 1-888-999-5318 (or 1-848-280-6460) just prior to the\nscheduled call time. To join the call participants will be requested to give\ntheir name and company affiliation. The conference ID: SOLUTIONS and/or call\ntitle Flexible Solutions International – Second Quarter, 2026 Financials may\nbe requested\n\nFLEXIBLE SOLUTIONS INTERNATIONAL, INC.\nCONSOLIDATED STATEMENT OF OPERATIONS\nFOR THREE MONTHS ENDED JUNE 30, 2026 AND 2025\n\n                                                                                         THREE MONTHS ENDED June 30                             \n                                                                                         2026                             2025                  \n Revenue from product sales                                                              $      7,610,148                 $      8,867,132      \n Income (loss) before income tax – GAAP                                                  $      (2,339,928  )             $      3,161,390      \n Provision for Income tax (expense) benefit – net - GAAP                                 $      474,397                   $      (1,016,156  )  \n Net income (loss) - GAAP                                                                $      (1,912,967  )             $      2,028,912      \n Net income (loss) per common share – basic. – GAAP                                      $      (0.15       )             $      0.16           \n 3 month weighted average shares used in computing per share amounts – basic.- GAAP             12,744,311                       12,647,532     \n                                                                                                                                                \n\nNotes to the financials\n\nThe Company will no longer be providing any non-GAAP numbers or calculations.\n\nSAFE HARBOR PROVISION\n\nThe Private Securities Litigation Reform Act of 1995 provides a \"Safe Harbor\"\nfor forward-looking statements. Certain of the statements contained herein,\nwhich are not historical facts, are forward looking statement with respect to\nevents, the occurrence of which involve risks and uncertainties. These\nforward-looking statements may be impacted, either positively or negatively,\nby various factors. Information concerning potential factors that could affect\nthe company is detailed from time to time in the company's reports filed with\nthe Securities and Exchange Commission.\n\nFlexible Solutions International\n6001 54(th) Ave, Taber, Alberta, CANADA T1G 1X4\nCompany Contacts\n\nJason Bloom\nToll Free: 800 661 3560\nFax: 403 223 2905\nE-mail: info@flexiblesolutions.com\n\nIf you have received this news release by mistake or if you would like to be\nremoved from our update list please reply to: info@flexiblesolutions.com \nTo find out more information about Flexible Solutions and our products, please\nvisit www.flexiblesolutions.com.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/77b1fd40-7da8-4a82-b0bb-a42c4dfbe87e)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX7808QV","title":"FSI ANNOUNCES SECOND QUARTER, 2026 FINANCIAL RESULTS","author":"Globe Newswire","ticker":"FSI","created":"2026-08-14T21:00:00.143Z","tickers":["FSI"],"exchange":"NYSE American","article_body":"A CONFERENCE CALL IS SCHEDULED FOR MONDAY, AUGUST 17, 2026 11:00AM EASTERN\nTIME\n\nSEE DIAL IN NUMBER BELOW\n\nTABER, ALBERTA, Aug. 14, 2026 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS\nINTERNATIONAL, INC. (NYSE Amex: FSI), is the developer and manufacturer of\nbiodegradable polymers for oil extraction, detergent ingredients and water\ntreatment as well as crop nutrient availability chemistry. Flexible Solutions\nalso manufactures biodegradable and environmentally safe water and energy\nconservation technologies. FSI is also increasing its presense in the food and\nnutrition supplement manufacturing markets. Today the Company announces\nfinancial results for second quarter ended June 30, 2026.\n\nMr. Daniel B. O’Brien, CEO, states, “This quarter shows the costs of\nscaling the food grade contracts while the revenue from scaling is not yet\nfully evident. It also shows the last of the training and development costs in\nour Panama plant, again, with the revenue lagging the costs. Also, Q2 is the\nweakest quarter for our ENP division. Finally, the year earlier period had a\n$2.5 million R&D payment that was not repeated in this year.”\n\nMr. O’Brien continues, “We rarely give forward guidance. However, we would\nlike to disclose; that we hope the Panama division will contribute $3 million\nin revenue in Q3, that we hope that ENP division revenue will exceed $5\nmillion for the coming quarter and hope that, the NanoChem division will\ncontinue to scale the food product contracts resulting in NanoChem revenue\nexceeding $4 million in Q3.”\n* Sales for the second quarter (Q2) were $7,610,148 down approximately 14%\nwhen compared to sales of $8,867,132 in the corresponding period a year ago.\n* Q2, 2026 net loss was $1,912,967, or ($0.15) compared to a net income of\n$2,028,912, or $0.16 per share, in Q2, 2025.\n* Basic weighted average shares used in computing earnings per share amounts\nwere 12,744,311 and 12,647,532 for Q2, 2026 and Q2, 2025 respectively. See the\nfinancials for diluted share count.\nThe NanoChem division and ENP subsidiary continue to be the dominant sources\nof revenue and cash flow for the Company. New opportunities continue to unfold\nin detergent, water treatment, oil field extraction, turf, ornamental and\nagricultural use to further increase sales in these divisions. More recently,\nopportunities in the food and nutrition supplement manufacturing markets have\nemerged.\n\nCONFERENCE CALL\nA conference call has been scheduled for 11:00 am Eastern Time, 8:00 am\nPacific Time, on Monday August 17th, 2026. CEO, Dan O’Brien will be\npresenting and answering questions on the conference call. To participate in\nthis call please dial 1-888-999-5318 (or 1-848-280-6460) just prior to the\nscheduled call time. To join the call participants will be requested to give\ntheir name and company affiliation. The conference ID: SOLUTIONS and/or call\ntitle Flexible Solutions International – Second Quarter, 2026 Financials may\nbe requested\n\nFLEXIBLE SOLUTIONS INTERNATIONAL, INC.\nCONSOLIDATED STATEMENT OF OPERATIONS\nFOR THREE MONTHS ENDED JUNE 30, 2026 AND 2025\n\n                                                                                         THREE MONTHS ENDED June 30                             \n                                                                                         2026                             2025                  \n Revenue from product sales                                                              $      7,610,148                 $      8,867,132      \n Income (loss) before income tax – GAAP                                                  $      (2,339,928  )             $      3,161,390      \n Provision for Income tax (expense) benefit – net - GAAP                                 $      474,397                   $      (1,016,156  )  \n Net income (loss) - GAAP                                                                $      (1,912,967  )             $      2,028,912      \n Net income (loss) per common share – basic. – GAAP                                      $      (0.15       )             $      0.16           \n 3 month weighted average shares used in computing per share amounts – basic.- GAAP             12,744,311                       12,647,532     \n                                                                                                                                                \n\nNotes to the financials\n\nThe Company will no longer be providing any non-GAAP numbers or calculations.\n\nSAFE HARBOR PROVISION\n\nThe Private Securities Litigation Reform Act of 1995 provides a \"Safe Harbor\"\nfor forward-looking statements. Certain of the statements contained herein,\nwhich are not historical facts, are forward looking statement with respect to\nevents, the occurrence of which involve risks and uncertainties. These\nforward-looking statements may be impacted, either positively or negatively,\nby various factors. Information concerning potential factors that could affect\nthe company is detailed from time to time in the company's reports filed with\nthe Securities and Exchange Commission.\n\nFlexible Solutions International\n6001 54(th) Ave, Taber, Alberta, CANADA T1G 1X4\nCompany Contacts\n\nJason Bloom\nToll Free: 800 661 3560\nFax: 403 223 2905\nE-mail: info@flexiblesolutions.com\n\nIf you have received this news release by mistake or if you would like to be\nremoved from our update list please reply to: info@flexiblesolutions.com \nTo find out more information about Flexible Solutions and our products, please\nvisit www.flexiblesolutions.com.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/77b1fd40-7da8-4a82-b0bb-a42c4dfbe87e)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-14T21:00:00.184064008Z","server_sent_at_ms":1786741200184},"received_at":"2026-08-14T21:00:00.244Z","source_url":"https://www.globenewswire.com/news-release/2026/08/14/3345645/0/en/fsi-announces-second-quarter-2026-financial-results.html"},"analysis":{"id":"108804","press_release_id":"119815","analysis_json":{"industry":{"label":"Chemicals","sector":"Materials"},"redFlags":["Revenue declined 14% YoY","Swing from net income of $0.16/share to net loss of ($0.15)/share","Guidance provided as 'hopes' rather than firm targets"],"eventType":"earnings","narrative":"FSI reported Q2 revenue of $7.61 million, down 14% year-over-year, swinging to a net loss of $1.91 million or ($0.15) per share.\n\nManagement attributed the decline to scaling costs for food-grade contracts and Panama plant training, while noting the prior year included a $2.5 million R&D payment.\n\nFor Q3, the company hopes the Panama, ENP, and NanoChem divisions will generate a combined $12 million in revenue.","sentiment":"bearish","agentHooks":{"shouldPost":false,"suggestedAngle":"Earnings miss with swing to loss, guidance relies on 'hopes'."},"keyFigures":{"revenue":7610148,"guidance":"Hopes for Q3: Panama division $3M revenue; ENP division >$5M revenue; NanoChem division >$4M revenue.","revenueYoy":"-14%","customDimensions":{}},"quotedText":"This quarter shows the costs of scaling the food grade contracts while the revenue from scaling is not yet fully evident.","namedEntities":{"people":[{"name":"Daniel B. O’Brien","role":"CEO"},{"name":"Jason Bloom","role":"Contact"}],"products":["NanoChem","ENP"],"companies":[{"name":"Flexible Solutions International, Inc.","ticker":"FSI"}],"dollarAmounts":[{"amount":"$7,610,148","context":"Q2 2026 sales"},{"amount":"$8,867,132","context":"Q2 2025 sales"},{"amount":"$1,912,967","context":"Q2 2026 net loss"},{"amount":"$2.5 million","context":"Q2 2025 R&D payment"},{"amount":"$3 million","context":"Q3 Panama division revenue hope"},{"amount":"$5 million","context":"Q3 ENP division revenue hope"},{"amount":"$4 million","context":"Q3 NanoChem division revenue hope"}]},"materialImpact":{"score":3,"reasoning":"Revenue declined 14% year-over-year and the company swung from a net profit of $0.16 per share to a net loss of ($0.15) per share."},"tickerRelevance":{"others":[],"primary":"FSI"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":["guidance_update"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"small-cap earnings miss","sectorWeight":"materials"}},"event_type":"earnings","event_type_secondary":["guidance_update"],"sentiment":"bearish","material_impact_score":3,"narrative":"FSI reported Q2 revenue of $7.61 million, down 14% year-over-year, swinging to a net loss of $1.91 million or ($0.15) per share.\n\nManagement attributed the decline to scaling costs for food-grade contracts and Panama plant training, while noting the prior year included a $2.5 million R&D payment.\n\nFor Q3, the company hopes the Panama, ENP, and NanoChem divisions will generate a combined $12 million in revenue.","key_figures":{"revenue":7610148,"guidance":"Hopes for Q3: Panama division $3M revenue; ENP division >$5M revenue; NanoChem division >$4M revenue.","revenueYoy":"-14%","customDimensions":{}},"named_entities":{"people":[{"name":"Daniel B. O’Brien","role":"CEO"},{"name":"Jason Bloom","role":"Contact"}],"products":["NanoChem","ENP"],"companies":[{"name":"Flexible Solutions International, Inc.","ticker":"FSI"}],"dollarAmounts":[{"amount":"$7,610,148","context":"Q2 2026 sales"},{"amount":"$8,867,132","context":"Q2 2025 sales"},{"amount":"$1,912,967","context":"Q2 2026 net loss"},{"amount":"$2.5 million","context":"Q2 2025 R&D payment"},{"amount":"$3 million","context":"Q3 Panama division revenue hope"},{"amount":"$5 million","context":"Q3 ENP division revenue hope"},{"amount":"$4 million","context":"Q3 NanoChem division revenue hope"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-14T21:14:40.742Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"small-cap earnings miss","sectorWeight":"materials"}},"durationMs":328506,"modelName":"glm-4.7"}}