Loop Industries Financials
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Loop Industries's revenue surged 7017.0% year-over-year to $10.9M, reflecting rapid business expansion. This strong growth earns a score of 100/100.
Loop Industries has elevated debt relative to equity (D/E of 7.56), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
With a current ratio of 3.50, Loop Industries holds $3.50 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.
While Loop Industries generated -$2.1M in operating cash flow, capex of $0 consumed most of it, leaving -$2.1M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Loop Industries passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Loop Industries generates $0.14 in operating cash flow (-$2.1M OCF vs -$15.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
This page shows Loop Industries (LOOP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Loop Industries generated $10.9M in revenue in fiscal year 2025. This represents an increase of 7017.0% from the prior year.
Loop Industries generated -$2.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 90.9% from the prior year.
Loop Industries reported -$15.1M in net income in fiscal year 2025. This represents an increase of 28.6% from the prior year.
Loop Industries earned $-0.32 per diluted share (EPS) in fiscal year 2025. This represents an increase of 27.3% from the prior year.
Loop Industries held $13.0M in cash against $2.8M in long-term debt as of fiscal year 2025.
Loop Industries had 48M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.
Loop Industries's net profit margin was -138.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 13644.1 percentage points from the prior year.
Loop Industries invested $6.9M in research and development in fiscal year 2025. This represents a decrease of 39.7% from the prior year.
Loop Industries invested $0 in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.
LOOP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $86K | $0-100.0% | $252K+384.6% | $52K+126.1% | $23K+283.3% | $6K-76.9% | $26K-51.9% | $54K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $967K+14.7% | $843K-38.6% | $1.4M-0.2% | $1.4M-29.2% | $1.9M-13.1% | $2.2M+22.0% | $1.8M-10.1% | $2.0M |
| SG&A Expenses | $1.5M-19.8% | $1.9M+13.5% | $1.6M-23.2% | $2.1M-17.2% | $2.6M-10.9% | $2.9M+18.4% | $2.5M-13.5% | $2.8M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $436K+4.1% | $419K0.0% | $419K+280.9% | $110K-7.6% | $119K+98.3% | $60K | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$2.9M+8.1% | -$3.2M+7.0% | -$3.4M+71.1% | -$11.9M-146.2% | -$4.8M+6.7% | -$5.2M-22.3% | -$4.2M+10.7% | -$4.8M |
| EPS (Diluted) | N/A | N/A | $-0.07+72.0% | $-0.25 | N/A | $-0.11-22.2% | $-0.09 | N/A |
LOOP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.3M-15.0% | $13.3M-16.5% | $15.9M+240.3% | $4.7M-68.8% | $15.0M-19.9% | $18.7M-24.4% | $24.8M-15.0% | $29.2M |
| Current Assets | $6.0M-31.8% | $8.8M-22.2% | $11.3M+1038.3% | $994K-57.9% | $2.4M-61.7% | $6.2M-70.2% | $20.6M-17.6% | $25.0M |
| Cash & Equivalents | $5.2M-28.8% | $7.3M-25.0% | $9.7M+2918.0% | $323K-95.4% | $7.0M+31.5% | $5.3M-43.5% | $9.4M-29.9% | $13.4M |
| Inventory | $85K-1.2% | $86K0.0% | $86K+10.3% | $78K-3.7% | $81K-18.2% | $99K-89.4% | $937K+3.5% | $905K |
| Accounts Receivable | $639K | N/A | $974K | N/A | N/A | $351K | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $18.6M-0.8% | $18.8M+0.6% | $18.6M+61.3% | $11.6M+13.7% | $10.2M+7.3% | $9.5M+61.3% | $5.9M-7.1% | $6.3M |
| Current Liabilities | $3.5M-9.1% | $3.9M-3.1% | $4.0M-50.2% | $8.1M+65.9% | $4.9M+55.3% | $3.1M+2.4% | $3.1M-8.7% | $3.4M |
| Long-Term Debt | $2.5M-6.3% | $2.7M-4.4% | $2.8M+4.5% | $2.7M-40.7% | $4.5M-19.0% | $5.6M+97.4% | $2.8M-5.3% | $3.0M |
| Total Equity | -$7.3M-33.9% | -$5.5M-100.7% | -$2.7M+60.4% | -$6.9M-242.4% | $4.8M-47.8% | $9.3M-51.0% | $18.9M-17.2% | $22.8M |
| Retained Earnings | -$201.6M-1.5% | -$198.7M-1.6% | -$195.5M+1.7% | -$198.9M-6.4% | -$187.0M-2.7% | -$182.2M-6.0% | -$171.9M-2.5% | -$167.6M |
LOOP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.8M+29.9% | -$2.5M+18.2% | -$3.1M-65.7% | -$1.9M+35.0% | -$2.9M+26.9% | -$3.9M-4.5% | -$3.7M+32.1% | -$5.5M |
| Capital Expenditures | $0 | N/A | N/A | N/A | N/A | $5.2M+51420.0% | $10K | N/A |
| Free Cash Flow | $6.5M | N/A | N/A | N/A | N/A | -$8.4M-124.7% | -$3.8M | N/A |
| Investing Cash Flow | -$1.0M-5600.0% | -$18K+84.3% | -$115K-148.1% | $239K+260.4% | -$149K+15.3% | -$176K-8.0% | -$163K+94.9% | -$3.2M |
| Financing Cash Flow | $687K+548.1% | $106K+292.7% | -$55K-107.1% | $775K+181.2% | -$955K-138.3% | $2.5M+16713.3% | -$15K+6.3% | -$16K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
LOOP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q3'23 | Q2'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | -3423.3% | N/A | -1367.9%+21539.8pp | -22907.7%-1868.6pp | -21039.1%+65444.2pp | -86483.3%-70160.3pp | -16323.1%-7526.8pp | -8796.3% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -26.1%-2.0pp | -24.1%-2.5pp | -21.6%+232.9pp | -254.6%-222.3pp | -32.3%-4.6pp | -27.7%-10.6pp | -17.1%-0.8pp | -16.3% |
| Current Ratio | 1.69-0.6 | 2.26-0.6 | 2.81+2.7 | 0.12-0.4 | 0.48-1.5 | 1.96-4.8 | 6.74-0.7 | 7.47 |
| Debt-to-Equity | -0.34+0.1 | -0.49+0.5 | -1.02-0.6 | -0.39-1.3 | 0.93+0.3 | 0.60+0.5 | 0.15+0.0 | 0.13 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | -14442.3% | N/A |
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Frequently Asked Questions
What is Loop Industries's annual revenue?
Loop Industries (LOOP) reported $10.9M in total revenue for fiscal year 2025. This represents a 7017.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Loop Industries's revenue growing?
Loop Industries (LOOP) revenue grew by 7017% year-over-year, from $153K to $10.9M in fiscal year 2025.
Is Loop Industries profitable?
No, Loop Industries (LOOP) reported a net income of -$15.1M in fiscal year 2025, with a net profit margin of -138.3%.
What is Loop Industries's earnings per share (EPS)?
Loop Industries (LOOP) reported diluted earnings per share of $-0.32 for fiscal year 2025. This represents a 27.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Loop Industries have?
As of fiscal year 2025, Loop Industries (LOOP) had $13.0M in cash and equivalents against $2.8M in long-term debt.
What is Loop Industries's net profit margin?
Loop Industries (LOOP) had a net profit margin of -138.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Loop Industries's free cash flow?
Loop Industries (LOOP) generated -$2.1M in free cash flow during fiscal year 2025. This represents a 90.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Loop Industries's operating cash flow?
Loop Industries (LOOP) generated -$2.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Loop Industries's total assets?
Loop Industries (LOOP) had $18.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Loop Industries's capital expenditures?
Loop Industries (LOOP) invested $0 in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Loop Industries spend on research and development?
Loop Industries (LOOP) invested $6.9M in research and development during fiscal year 2025.
How many shares does Loop Industries have outstanding?
Loop Industries (LOOP) had 48M shares outstanding as of fiscal year 2025.
What is Loop Industries's current ratio?
Loop Industries (LOOP) had a current ratio of 3.50 as of fiscal year 2025, which is generally considered healthy.
What is Loop Industries's debt-to-equity ratio?
Loop Industries (LOOP) had a debt-to-equity ratio of 7.56 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Loop Industries's return on assets (ROA)?
Loop Industries (LOOP) had a return on assets of -81.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Loop Industries's cash runway?
Based on fiscal year 2025 data, Loop Industries (LOOP) had $13.0M in cash against an annual operating cash burn of $2.1M. This gives an estimated cash runway of approximately 73 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Loop Industries's Piotroski F-Score?
Loop Industries (LOOP) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Loop Industries's earnings high quality?
Loop Industries (LOOP) has an earnings quality ratio of 0.14x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Loop Industries?
Loop Industries (LOOP) scores 50 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.