LOOP · Loop Industries, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q3 '24 | Q2 '25 | Q1 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $252.0K | - | $23.0K | $6.0K | $52.0K | $26.0K | $23.0K | - | $54.0K | $27.0K |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $1.37M | $967.0K | $843.0K | $2.24M | $1.38M | $1.83M | $1.95M | - | $2.04M | $4.49M |
| SG&A | $1.65M | $1.50M | $1.87M | $2.91M | $2.15M | $2.46M | $2.60M | - | $2.84M | $2.46M |
| Total Operating Expenses | $3.42M | $2.63M | $2.85M | $5.29M | $12.12M | $4.42M | $4.67M | - | $5.02M | $7.09M |
| D&A | $100.0K | $94.0K | $96.0K | $137.0K | $132.0K | $131.0K | $129.0K | - | $136.0K | $133.0K |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($3.45M) | ($2.94M) | ($3.20M) | ($5.19M) | ($11.91M) | ($4.24M) | ($4.84M) | - | ($4.75M) | ($7.00M) |
| EPS - Basic | - | ($0.06) | ($0.10) | - | - | - | - | - | - | - |
| EPS - Diluted | ($0.07) | - | - | - | ($0.25) | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q3 '24 | Q2 '25 | Q1 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.36M | $5.20M | $7.31M | $12.97M | $323.0K | $6.96M | $1.40M | $6.96M | $13.37M | $21.97M |
| Accounts Receivable | $755.0K | - | - | $639.0K | - | - | - | $351.0K | - | - |
| Inventory | $0 | $85.0K | $86.0K | $82.0K | $78.0K | $937.0K | $81.0K | $102.0K | $905.0K | $871.0K |
| Accounts Payable | $729.0K | $1.23M | $1.60M | $2.01M | - | - | - | - | - | - |
| Current Assets | $3.61M | $6.00M | $8.80M | $13.85M | $994.0K | $20.64M | $2.36M | $7.99M | $25.04M | $31.14M |
| Total Assets | $8.56M | $11.29M | $13.29M | $18.58M | $4.68M | $24.78M | $15.00M | $20.55M | $29.16M | $35.24M |
| Current Liabilities | $2.75M | $3.55M | $3.90M | $3.96M | $8.08M | $3.06M | $4.87M | $2.42M | $3.35M | $5.04M |
| Long-term Debt | $2.43M | $2.50M | $2.66M | $2.77M | $2.67M | $2.81M | $4.50M | $3.22M | $2.97M | $3.10M |
| Total Liabilities | $18.14M | $18.61M | $18.76M | $18.21M | $11.56M | $5.88M | $10.17M | $6.41M | $6.32M | $8.13M |
| Stockholders' Equity | ($9.58M) | ($7.32M) | ($5.47M) | $367.0K | ($6.88M) | $18.90M | $4.83M | $14.14M | $22.83M | $27.11M |
| Retained Earnings | ($204.33M) | ($201.62M) | ($198.68M) | ($192.03M) | ($198.91M) | ($171.88M) | ($187.00M) | ($176.97M) | ($167.63M) | ($162.88M) |
Cash Flow
| Line item | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q3 '24 | Q2 '25 | Q1 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($3.08M) | - | - | ($3.92M) | - | - | - | - | - | ($5.50M) |
| Investing Cash Flow | ($115.0K) | - | - | ($176.0K) | - | - | - | - | - | ($2.12M) |
| Financing Cash Flow | ($55.0K) | - | - | $2.49M | - | - | - | - | - | ($16.0K) |
| CapEx | - | - | - | - | - | - | - | - | - | $0 |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | ($5.50M) |
Ratios
| Metric | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q3 '24 | Q2 '25 | Q1 '24 | Q2 '24 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -1367.9% | - | -13930.4% | -86483.3% | -22907.7% | -16323.1% | -21039.1% | - | -8796.3% | -25929.6% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | -20385.2% |
| FCF / Net income | - | - | - | - | - | - | - | - | - | 0.79 |
| R&D / Revenue | 545.2% | - | 3665.2% | 37283.3% | 2648.1% | 7050.0% | 8456.5% | - | 3774.1% | 16629.6% |
| SG&A / Revenue | 654.4% | - | 8134.8% | 48516.7% | 4130.8% | 9453.8% | 11282.6% | - | 5264.8% | 9129.6% |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -40.3% | -26.1% | -24.1% | -27.9% | -254.6% | -17.1% | -32.3% | - | -16.3% | -19.9% |
| Return on equity | 36.0% | 40.2% | 58.6% | -1413.9% | 173.1% | -22.5% | -100.1% | - | -20.8% | -25.8% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.31 | 1.69 | 2.26 | 3.50 | 0.12 | 6.74 | 0.48 | 3.30 | 7.47 | 6.18 |
| Quick ratio | 1.31 | 1.67 | 2.23 | 3.48 | 0.11 | 6.44 | 0.47 | 3.26 | 7.20 | 6.01 |
| Cash ratio | 0.86 | 1.47 | 1.87 | 3.28 | 0.04 | 2.27 | 0.29 | 2.87 | 3.98 | 4.36 |
| Leverage | ||||||||||
| Debt / Equity | -0.25 | -0.34 | -0.49 | 7.56 | -0.39 | 0.15 | 0.93 | 0.23 | 0.13 | 0.11 |
| Debt / Assets | 0.28 | 0.22 | 0.20 | 0.15 | 0.57 | 0.11 | 0.30 | 0.16 | 0.10 | 0.09 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -0.89 | -1.54 | -2.43 | 50.62 | -0.68 | 1.31 | 3.10 | 1.45 | 1.28 | 1.30 |
| Liabilities / Assets | 2.12 | 1.65 | 1.41 | 0.98 | 2.47 | 0.24 | 0.68 | 0.31 | 0.22 | 0.23 |
| Efficiency | ||||||||||
| Asset turnover | 0.03 | - | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | - | 0.00 | 0.00 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 1094d | - | - | 38873d | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 245.9x | - | - | - | 1355345.9x | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 4100.0% | - | 0.0% | - | 100.0% | 4.3% | -57.4% | - | -60.1% | - |
| Revenue CAGR (3y) | 110.5% | - | -44.6% | - | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | 33.6% | 75.3% | 33.8% | - | -180.7% | -318.9% | -1.9% | - | 38.4% | 42.4% |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | 68.1% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | -6.4% | - | -97.4% | - | -33.4% | -78.8% | -47.8% | -21.2% | -41.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-02-28.
Product / service
$514.0K totalEngineering Services$506.0K · 98.4%
Product$8.0K · 1.6%
Peer comparison
Same SIC group: Chemicals & Allied Products
Comparing Loop Industries against the 5 most active filers in the same SIC group.