Omega Flex Q2 2026 net income down 35.6% YoY; CE Mark for MediTrac

Omega Flex, Inc.

Net sales Q2 2026 $24.057M, down 5.8% YoY; six-month net sales $47.15M, down 3.5%.
Q2 net income $2.675M ($0.27 EPS) vs $4.156M ($0.41) YoY; 6-mo net income $4.752M, down 38.5%.
Decline driven by higher raw material costs, tariffs, marketing, product enhancement expenses; offset by lower product liability reserves.
Launched re-engineered TracPipe flexible gas piping fitting July 1, 2026 for residential/commercial.
MediTrac CMT received CE Mark under EU MDR 2017/745 as Class IIa in Aug 2026; installed in 48 U.S. states.

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