Flexible Solutions International Inc (FSI) Financial Statements
Industry: Miscellaneous Chemical Products
In fiscal 2025, Flexible Solutions International reported revenue of $38.5M, up 0.7% from $38.2M the year before. Net income was $786,894 (a 2.0% net margin), or $0.06 per diluted share. Gross margin was 32.6% and operating margin was 11.9%. Operating activities generated $3.8M of cash, leaving -$591,710 of free cash flow. At fiscal year end, Flexible Solutions International held $61.8M in total assets against $19.0M in total liabilities.
Open the full interactive Flexible Solutions International financials → Quarterly statements, key ratios, valuation history and price charts.
Flexible Solutions International Key Stats
| Share Price | $6.08 |
|---|---|
| Market Cap | $77.5M |
| P/E Ratio | 101.3 |
| Dividend Yield | 1.65% |
| Revenue YoY Growth | +0.7% |
| 52-Week Range | $4.90 – $9.70 |
| Shares Outstanding | 12.7 million (basic, 2026 Q2) |
Flexible Solutions International Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $31.4M | $34.4M | $45.8M | $38.3M | $38.2M | $38.5M |
| Cost of Goods Sold | $21.6M | $23.0M | $32.0M | $28.0M | $25.0M | $26.0M |
| Gross Profit | $9.8M | $11.4M | $13.9M | $10.3M | $13.2M | $12.5M |
| Operating Income | $4.1M | $5.5M | $7.1M | $3.0M | $5.5M | $4.6M |
| Pre-Tax Income | $5.2M | $6.7M | $7.9M | $3.6M | $5.0M | $3.3M |
| Income Tax | $1.6M | $2.4M | $145,856 | -$132,735 | $851,211 | $899,583 |
| Net Income | $3.0M | $3.4M | $7.0M | $2.8M | $3.0M | $786,894 |
| Diluted EPS | $0.24 | $0.28 | $0.56 | $0.22 | $0.24 | $0.06 |
Flexible Solutions International Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $10.6M | $9.1M | $8.3M | $7.6M |
| Net Income | -$503,358 | -$460,926 | -$241,420 | -$1.9M |
| Diluted EPS | -$0.04 | -$0.03 | -$0.02 | -$0.15 |
Flexible Solutions International Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.5M | $5.7M | — | — | $7.6M | — |
| Current Assets | $19.0M | $23.8M | $31.0M | $30.2M | $34.6M | $32.9M |
| Total Assets | $35.1M | $39.6M | $51.6M | $55.5M | $60.0M | $61.8M |
| Current Liabilities | $7.9M | $9.8M | $10.3M | $10.1M | $11.9M | $10.8M |
| Total Long-Term Debt | $3.8M | $2.4M | $6.2M | $8.1M | $8.8M | $4.4M |
| Total Liabilities | $11.3M | $11.8M | $16.3M | $17.2M | $18.6M | $19.0M |
| Shareholders' Equity | $21.2M | $25.1M | $32.6M | $35.2M | $38.0M | $38.9M |
Flexible Solutions International Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $5.7M | $4.5M | $1.5M | $7.0M | $5.6M | $3.8M |
| Cash From Investing | -$3.2M | -$659,539 | -$2.2M | -$5.7M | -$2.5M | $890,863 |
| Cash From Financing | -$2.7M | -$1.7M | $848,326 | -$437,949 | -$978,333 | -$5.9M |
| Free Cash Flow | $4.6M | $3.8M | -$504,404 | $2.0M | $603,610 | -$591,710 |
| Dividends Paid | — | — | — | $626,777 | $1.3M | $1.3M |
Figures from Flexible Solutions International's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Flexible Solutions International financials page for every line item.
Flexible Solutions International Company Profile
| Ticker | FSI |
|---|---|
| Exchange | NYSE |
| Industry | Miscellaneous Chemical Products |
| Headquarters | Victoria B C, British Columbia, Canada |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001069394 |
Frequently Asked Questions
What was Flexible Solutions International's revenue in fiscal 2025?
Flexible Solutions International (FSI) reported revenue of $38.5M for fiscal 2025.
What is Flexible Solutions International's annual revenue history?
Flexible Solutions International's annual revenue by fiscal year: 2020: $31.4M; 2021: $34.4M; 2022: $45.8M; 2023: $38.3M; 2024: $38.2M; 2025: $38.5M.
What was Flexible Solutions International's net income in fiscal 2025?
Flexible Solutions International reported net income of $786,894 for fiscal 2025.
What was Flexible Solutions International's earnings per share (EPS) in fiscal 2025?
Flexible Solutions International's diluted EPS was $0.06 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Flexible Solutions International generate in fiscal 2025?
Flexible Solutions International generated -$591,710 of free cash flow in fiscal 2025.
What was Flexible Solutions International's revenue last quarter?
In its most recent reported quarter (2026 Q2), Flexible Solutions International reported revenue of $7.6M.
How much debt does Flexible Solutions International have?
Flexible Solutions International reported $4.4M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Flexible Solutions International are outstanding?
Flexible Solutions International reported a weighted average of 12.7 million basic shares outstanding in 2026 Q2.
What is Flexible Solutions International's market cap?
Based on its latest closing price, Flexible Solutions International (FSI) has a market capitalization of about $77.5M.
When does Flexible Solutions International's fiscal year end?
Flexible Solutions International's fiscal year end, as registered with the SEC, is December 31.
Where is Flexible Solutions International headquartered?
Flexible Solutions International lists its business address in Victoria B C, British Columbia, Canada in its SEC filings.