Omega Flex, Inc. income statement
In fiscal 2025, Omega Flex, Inc. reported revenue of $98.3m, down 3.3% on the year before, operating income of $16.9m (a 17.2% margin) and net income of $14.8m, or $1.47 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47 | 54 | 64 | 77 | 85 | 93 | 94 | 102 | 108 | 111 | 106 | 130 | 125 | 111 | 102 | 98 | 98 |
| Cost of revenue | — | — | — | — | — | — | 36 | 40 | 42 | 41 | 39 | 48 | 47 | 43 | 39 | 39 | 44 |
| Gross profit | 24 | 28 | 33 | 42 | 50 | 57 | 58 | 62 | 66 | 70 | 67 | 82 | 78 | 68 | 62 | 59 | 54 |
| Research and development | — | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | — |
| General and administrative | 6 | 8 | 12 | 11 | 12 | 16 | 17 | 18 | 18 | 25 | 19 | 21 | 21 | 18 | 16 | 16 | 15 |
| Operating income | 7 | 7 | 11 | 15 | 21 | 24 | 22 | 24 | 26 | 22 | 27 | 35 | 31 | 26 | 22 | 17 | 12 |
| Net interest income | −0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | −0 | 0 | 0 | 2 | 2 | 2 | 2 |
| Income before tax | 7 | 7 | 11 | 15 | 21 | 24 | 22 | 24 | 27 | 23 | 27 | 35 | 31 | 28 | 24 | 19 | 14 |
| Income tax | 2 | 2 | 4 | 5 | −7 | 8 | 7 | 8 | 6 | 5 | 7 | 9 | 7 | 7 | 6 | 5 | 3 |
| Net income | 5 | 5 | 7 | 10 | 13 | 16 | 14 | 16 | 20 | 17 | 20 | 26 | 24 | 21 | 18 | 15 | 11 |
| Diluted EPS | $0.45 | $0.46 | $0.68 | $0.99 | $1.33 | $1.56 | $1.42 | $1.55 | $2.00 | $1.71 | $1.97 | $2.60 | $2.34 | $2.06 | $1.78 | $1.47 | — |
| Diluted shares (average) | 10m | 10m | 10m | — | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | — |
| EBITDA | 7 | 7 | 11 | 16 | 21 | 24 | 22 | 25 | 27 | 23 | 28 | 36 | 32 | 27 | 23 | 18 | 13 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 27 | 23 | 26 | 24 | 25 | 23 | 24 | 26 |
| Cost of revenue | 10 | 9 | 10 | 10 | 10 | 10 | 11 | 12 |
| Gross profit | 17 | 14 | 15 | 15 | 15 | 13 | 13 | 13 |
| General and administrative | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 4 |
| Operating income | 6 | 4 | 5 | 4 | 4 | 2 | 3 | 3 |
| Net interest income | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Income before tax | 6 | 5 | 5 | 5 | 4 | 3 | 3 | 3 |
| Income tax | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net income | 5 | 4 | 4 | 4 | 3 | 2 | 3 | 2 |
| Diluted EPS | $0.46 | $0.35 | $0.41 | $0.37 | $0.34 | $0.21 | $0.27 | $0.23 |
| EBITDA | 6 | 4 | 5 | 5 | 4 | 3 | 3 | 3 |
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