earnings
confidence high
sentiment negative
materiality 0.75
Omega Flex Q1 2026 net income falls 41.8% to $2.08M; sales down 1%
Omega Flex, Inc.
2026-Q1 EPS reported
$0.21
revenue$23,093,000
- Net sales $23.1M for Q1 ended March 31, 2026, down 1.0% from $23.3M a year ago.
- Net income $2.077M ($0.21 EPS) vs $3.568M ($0.35 EPS) in Q1 2025, a 41.8% decline.
- Rising raw material costs including tariffs, marketing, and product certification expenses drove the earnings drop.
- Company continued investing in capacity expansion, equipment, and facilities to support growth.