FSI
Flexible Solutions International Inc
NYSE MKT: FSI · BASIC MATERIALS · SPECIALTY CHEMICALS
$6.20
-0.80% today
Updated 2026-04-30
Market cap
$83.81M
P/E ratio
109.67
P/S ratio
2.18x
EPS (TTM)
$0.06
Dividend yield
—
52W range
$3 – $11
Volume
0.0M
Flexible Solutions International Inc (FSI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.37M | $7.43M | $10.76M | $9.78M | $11.49M | $15.52M | $16.40M | $15.80M | $15.91M | $15.90M | $16.25M | $15.49M | $17.83M | $27.44M | $31.41M | $34.42M | $45.84M | $38.32M | $38.23M | $38.52M |
| Revenue growth (YoY) | — | -11.2% | +44.7% | -9.0% | +17.5% | +35.0% | +5.7% | -3.6% | +0.7% | -0.1% | +2.2% | -4.6% | +15.1% | +53.9% | +14.5% | +9.6% | +33.2% | -16.4% | -0.2% | +0.7% |
| Cost of revenue | $5.40M | $4.80M | $6.72M | $6.50M | $7.02M | $9.66M | $11.13M | $11.27M | $10.77M | $9.70M | $9.26M | $9.51M | $12.19M | $18.82M | $21.64M | $23.02M | $31.97M | $27.99M | $24.99M | $29.82M |
| Gross profit | $2.97M | $2.63M | $4.04M | $3.28M | $4.47M | $5.86M | $5.27M | $4.53M | $5.14M | $6.20M | $6.99M | $5.99M | $5.64M | $8.62M | $9.77M | $11.40M | $13.87M | $10.34M | $13.24M | $8.70M |
| Gross margin | 35.5% | 35.4% | 37.5% | 33.5% | 38.9% | 37.7% | 32.1% | 28.7% | 32.3% | 39.0% | 43.0% | 38.6% | 31.6% | 31.4% | 31.1% | 33.1% | 30.3% | 27.0% | 34.6% | 22.6% |
| R&D | $123254.00 | $120817.00 | $80381.00 | $30078.00 | $70993.00 | $73200.00 | $68254.00 | $123772.00 | $134981.00 | $95265.00 | $95098.00 | $98928.00 | $135930.00 | $123660.00 | $81422.00 | $116411.00 | $99275.00 | $158246.00 | $329952.00 | $2.50M |
| SG&A | $3.79M | $3.33M | $3.28M | $3.47M | $3.59M | $4.12M | $4.01M | $4.88M | $4.29M | $3.72M | $3.76M | $4.25M | $3.92M | $4.88M | $4.66M | $4.88M | $5.42M | $5.44M | $5.63M | $4.71M |
| Operating income | $-988133.00 | $-814172.00 | $470683.00 | $-547458.00 | $500100.00 | $1.31M | $-34067.00 | $-894364.00 | $660778.00 | $2.35M | $3.09M | $1.51M | $1.31M | $1.91M | $4.12M | $5.48M | $7.05M | $3.00M | $5.52M | $3.57M |
| Operating margin | -11.8% | -11.0% | 4.4% | -5.6% | 4.4% | 8.4% | -0.2% | -5.7% | 4.2% | 14.8% | 19.0% | 9.8% | 7.3% | 7.0% | 13.1% | 15.9% | 15.4% | 7.8% | 14.4% | 9.3% |
| EBITDA | $-390963.00 | $-386498.00 | $939692.00 | $724.00 | $934113.00 | $1.73M | $1.35M | $686331.00 | $1.55M | $2.94M | $3.79M | $2.01M | $3.49M | $3.66M | $6.64M | $8.08M | $9.48M | $5.86M | $5.52M | $5.54M |
| EBITDA margin | -4.7% | -5.2% | 8.7% | 0.0% | 8.1% | 11.2% | 8.3% | 4.3% | 9.7% | 18.5% | 23.3% | 13.0% | 19.6% | 13.3% | 21.1% | 23.5% | 20.7% | 15.3% | 14.4% | 14.4% |
| EBIT | $-988133.00 | $-912625.00 | $491861.00 | $-401391.00 | $577316.00 | $1.40M | $95910.00 | $-612285.00 | $755668.00 | $2.36M | $3.25M | $1.72M | $3.15M | $2.74M | $5.45M | $6.85M | $8.15M | $4.12M | $5.56M | $3.57M |
| Interest expense | $3136.00 | $10605.00 | $18696.00 | $66068.00 | $77216.00 | $95749.00 | $128407.00 | $109199.00 | $94890.00 | $55770.00 | $41699.00 | $44125.00 | $93653.00 | $428371.00 | $260657.00 | $199930.00 | $292949.00 | $498666.00 | $610265.00 | $613852.00 |
| Income tax | $-127079.00 | $-33688.00 | $68561.00 | $275983.00 | $690180.00 | $1.13M | $1.05M | $-2.54M | $257433.00 | $803485.00 | $1.29M | $1.67M | $633130.00 | $17436.00 | $1.61M | $2.36M | $145856.00 | $-132735.00 | $851211.00 | — |
| Effective tax rate | 9.8% | 3.5% | 14.5% | -59.0% | 138.0% | 86.0% | -3388.1% | 352.5% | 39.0% | 34.8% | 41.8% | 48.7% | 20.3% | 0.9% | 35.1% | 40.6% | 2.0% | -5.0% | 21.9% | 0.0% |
| Net income | $-1.16M | $-923227.00 | $404605.00 | $-743441.00 | $-190080.00 | $182990.00 | $-1.08M | $1.82M | $403345.00 | $1.50M | $1.79M | $1.75M | $2.49M | $1.91M | $2.98M | $3.45M | $7.02M | $2.78M | $3.04M | $786894.00 |
| Net income growth (YoY) | — | +20.7% | +143.8% | -283.7% | +74.4% | +196.3% | -692.6% | +268.0% | -77.9% | +273.1% | +19.2% | -2.2% | +41.9% | -23.2% | +55.7% | +15.9% | +103.6% | -60.5% | +9.5% | -74.1% |
| Profit margin | -13.9% | -12.4% | 3.8% | -7.6% | -1.7% | 1.2% | -6.6% | 11.5% | 2.5% | 9.5% | 11.0% | 11.3% | 14.0% | 7.0% | 9.5% | 10.0% | 15.3% | 7.2% | 7.9% | 2.0% |