Loop Industries Q4 net loss $2.7M; India facility cost estimate cut to $165-170M

Loop Industries, Inc.

Q4 net loss $2.703M vs net income $6.882M a year ago; revenue fell to $176K from $10.809M on absence of licensing royalty.
Full-year FY2026 net loss $12.299M vs $15.057M prior year; cash and equivalents dropped to $2.356M from $12.973M.
India JV capital cost estimate reduced to $165-170M from $190M; MoU with Gujarat government signed; facility expected operational in calendar 2028.
European JV with Reed Societe Generale selected BASF Industriepark Lausitz in Germany; engineering phase to generate fees for Loop.
Secured up to C$2.92M non-repayable NRC IRAP funding through Oct 2027; overhead reduction initiatives underway.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Loop Industries, Inc. reported fourth quarter of fiscal year ending February 28, 2026 results: revenue 176.

Period: fourth quarter of fiscal year ending February 28, 2026
Revenue: 176
Result: reported results

Exact text from the filing

Three months ended February 28, February 28, Change 2026 2025 (1) favorable / (unfavorable) Revenues Technology licensing $ - $ 10,395 $ (10,395 ) Products - 46 (46 ) Services 176 368 (192 ) Total revenues 176 10,809 (10,633 ) Cost of Services Cost of Services 191 218 27 Total Cost of Services 191 218 27 Expenses Research and development Employee compensation 103 468 365 Stock-based compensation 64 104 40 Plant and laboratory operating expenses 274 193 (81 ) External engineering 24 113 89 Machinery and equipment expenditures - 20 20 Other 15 190 175 Total research and development 480 1,088 608 General and administrative Professional fees 382 570 188 Employee compensation 105 148 43 Stock-based compensation 418 185 (233 ) Insurance 302 450 148 Other 179 221 42 Total general and administrative 1,386 1,574 188 Depreciation and amortization 94 126 32 Total expenses 1,960 2,788 828 Loss on eq

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Source: SEC EDGAR

accession 0001437749-26-018618

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