---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-005786"
form_type: "8-K"
ticker: "OFLX"
cik: "0001317945"
company_name: "Omega Flex, Inc."
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:23:17.334241+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Omega Flex reports FY2022 net sales down 3.5% to $125.5M; net income down 9.8% to $23.6M

## Summary
- Net sales $125.5M for FY2022 vs $130.0M in 2021, down 3.5%; Q4 net sales $30.8M vs $35.5M, down 13.1%.
- Net income $23.6M vs $26.2M, down 9.8%; diluted EPS $2.34 vs $2.60.
- Sales unit volumes declined at a higher rate than revenue; pricing actions largely offset material cost pressure.
- Costs increased for resumed travel/marketing and higher product liability reserves, partly offset by lower incentive compensation.

## SEC filing metadata
- accession: 0001493152-23-005786
- form_type: 8-K
- ticker: OFLX
- cik: 0001317945
- company_name: Omega Flex, Inc.
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/0001493152-23-005786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-005786
- JSON: https://secwatch.observer/filing/0001493152-23-005786.json
- Plain text: https://secwatch.observer/filing/0001493152-23-005786.txt

## Key facts
- Earnings Releases
  Omega Flex, Inc. reported twelve months ended December 31, 2022 results: revenue $ 125,487,000, net income $ 23,622,000, EPS $ 2.34.
  - Period: twelve months ended December 31, 2022
  - Revenue: $ 125,487,000
  - Net income: $ 23,622,000
  - EPS: $ 2.34
  - Result: reported results
  source text: For the Period Ended December 31, Twelve Months Three Months 2022 2021 2022 2021 Net Sales $ 125,487,000 $ 130,011,000 $ 30,817,000 $ 35,457,000 Net Income attributable to Omega Flex, Inc. $ 23,622,000 $ 26,195,000 $ 6,181,000 $ 7,596,000 Earnings Per Share – Basic and Diluted $ 2.34 $ 2.60 $ 0.61 $ 0.75
  evidence_url: https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/0001493152-23-005786-index.htm
- Earnings Releases
  Omega Flex, Inc. reported three months ended December 31, 2022 results: revenue $ 30,817,000, net income $ 6,181,000, EPS $ 0.61.
  - Period: three months ended December 31, 2022
  - Revenue: $ 30,817,000
  - Net income: $ 6,181,000
  - EPS: $ 0.61
  - Result: reported results
  source text: For the Period Ended December 31, Twelve Months Three Months 2022 2021 2022 2021 Net Sales $ 125,487,000 $ 130,011,000 $ 30,817,000 $ 35,457,000 Net Income attributable to Omega Flex, Inc. $ 23,622,000 $ 26,195,000 $ 6,181,000 $ 7,596,000 Earnings Per Share – Basic and Diluted $ 2.34 $ 2.60 $ 0.61 $ 0.75
  evidence_url: https://www.sec.gov/Archives/edgar/data/1317945/000149315223005786/0001493152-23-005786-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.