Loop Industries, Inc. (LOOP) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Jul 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LOOP SEC filings page.
Loop Industries, Inc. (LOOP) reported $514K in revenue for fiscal year 2026, down 95.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Shrinking commercial revenue now sits beside persistent cash consumption and a balance sheet increasingly funded by liabilities.
Revenue fell to$514K in FY2026, while operating cash flow deteriorated to-$10.1M despite lower SG&A and R&D than FY2025. That mismatch indicates the current cost base and cash needs remain too large for the present revenue base, making reported losses an incomplete measure of financial pressure.
Liabilities exceeded assets in FY2026—
Reported cash and investments equated to 4.6 months of the latest annual operating outflow, alongside FY2026 operating cash flow of
Financial Health Signals
Loop Industries, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Loop Industries, Inc. passes 1 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Loop Industries, Inc. reported a net loss of $12.3M while operations used $10.1M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Loop Industries, Inc. generated $179K in revenue in Q1 2027. This represents a decrease of 29.0% from the same quarter a year earlier.
Loop Industries, Inc. reported -$3.4M in net income in Q1 2027. This represents an increase of 1.8% from the same quarter a year earlier.
Not reported for Q1 2027.
Not reported for Q1 2027.
Cash & Balance Sheet
Loop Industries, Inc. held $1.1M in cash against $2.2M in long-term debt as of Q1 2027.
Not reported for Q1 2027.
Not reported for Q1 2027.
Margins & Returns
Not reported for Q1 2027.
Not reported for Q1 2027.
Not shown for Q1 2027: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q1 2027.
Capital Allocation
Loop Industries, Inc. invested $962K in research and development in Q1 2027. This represents a decrease of 23.6% from the same quarter a year earlier.
Not reported for Q1 2027.
Not reported for Q1 2027.
LOOP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $179K-29.0% | N/A | $86K+65.4% | $0-100.0% | $252K+4100.0% | $10.8M+23395.7% | $52K+100.0% | $23K-57.4% |
| Cost of Revenue | $179K+57.0% | N/A | N/A | N/A | $114K | N/A | N/A | N/A |
| R&D Expenses | $962K-23.6% | N/A | $967K-29.8% | $843K-56.7% | $1.3M-43.7% | $1.1M-64.0% | $1.4M-24.9% | $1.9M-4.6% |
| SG&A Expenses | $1.6M-4.5% | N/A | $1.5M-30.2% | $1.9M-27.9% | $1.6M-43.4% | $1.6M-29.2% | $2.1M-12.6% | $2.6M-8.7% |
| Interest Expense | $436K+4.1% | N/A | $436K+296.4% | $419K+252.1% | $419K+598.3% | $329K | $110K | $119K |
| Net Income | -$3.4M+1.8% | N/A | -$2.9M+75.3% | -$3.2M+33.8% | -$3.4M+33.6% | $6.9M+235.2% | -$11.9M-180.7% | -$4.8M-1.9% |
| EPS (Basic) | -$0.070.0% | -$0.06-142.9% | -$0.06+76.0% | -$0.07+30.0% | -$0.07 | $0.14 | -$0.25 | -$0.10 |
| EPS (Diluted) | N/A | N/A | N/A | N/A | -$0.07+36.4% | $0.14+240.0% | -$0.25-177.8% | N/A |
| Diluted Shares (Avg) | N/A | N/A | N/A | N/A | 48M+0.3% | N/A | 47.62B+0.2% | N/A |
Not reported in any period shown, so not listed: Gross Profit, Operating Income, EBITDA, Income Tax.
LOOP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.7M-57.9% | $8.6M-53.9% | $11.3M+141.3% | $13.3M-11.4% | $15.9M-15.1% | $18.6M-9.6% | $4.7M-81.1% | $15.0M-48.5% |
| Current Assets | $2.2M-80.9% | $3.6M-74.0% | $6.0M+503.5% | $8.8M+272.9% | $11.3M+83.8% | $13.9M+73.4% | $994K-95.2% | $2.4M-90.6% |
| Cash & Equivalents | $1.1M-89.1% | $2.4M-81.8% | $5.2M+1511.1% | $7.3M+5.1% | $9.7M+84.2% | $13.0M+86.4% | $323K-96.6% | $7.0M-47.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | N/A | $0-100.0% | $85K+9.0% | $86K+6.2% | $86K-13.1% | $82K-19.6% | $78K-91.7% | $81K-91.0% |
| Accounts Receivable | $699K-28.2% | $755K+18.2% | N/A | N/A | $974K | $639K+82.1% | N/A | N/A |
| Long-Term Investments | $1.2M | $1.5M+15.4% | $1.8M | $936K | $0 | $1.3M | $0 | $0 |
| Total Liabilities | $18.7M+0.4% | $18.1M-0.4% | $18.6M+61.0% | $18.8M+84.5% | $18.6M+96.8% | $18.2M+184.1% | $11.6M+96.8% | $10.2M+60.8% |
| Current Liabilities | $3.2M-21.3% | $2.8M-30.4% | $3.5M-56.1% | $3.9M-19.9% | $4.0M+28.4% | $4.0M+63.5% | $8.1M+163.9% | $4.9M+45.2% |
| Non-Current Liabilities | $15.6M+6.4% | $15.4M+7.9% | $15.1M+332.6% | $14.9M+180.4% | $14.6M+130.7% | $14.3M+257.2% | $3.5M+23.8% | $5.3M+78.4% |
| Long-Term Debt | $2.2M-20.8% | $2.4M-12.4% | $2.5M-6.4% | $2.7M-40.8% | $2.8M-49.8% | $2.8M-13.9% | $2.7M-5.2% | $4.5M+51.5% |
| Total Equity | -$12.0M-341.4% | -$9.6M-2710.4% | -$7.3M-6.4% | -$5.5M-213.1% | -$2.7M-129.4% | $367K-97.4% | -$6.9M-136.4% | $4.8M-78.8% |
| Retained Earnings | -$207.7M-6.3% | -$204.3M-6.4% | -$201.6M-1.4% | -$198.7M-6.2% | -$195.5M-7.3% | -$192.0M-8.5% | -$198.9M-15.7% | -$187.0M-11.6% |
Not reported in any period shown, so not listed: Goodwill.
LOOP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.2M+60.1% | -$2.7M-142.0% | -$1.8M+4.9% | -$2.5M+11.8% | -$3.1M+21.3% | $6.5M+298.4% | -$1.9M+50.3% | -$2.9M+48.1% |
| Depreciation & Amortization | $84K-16.0% | $94K-25.4% | $94K-28.8% | $96K-25.6% | $100K-27.0% | $126K-6.7% | $132K+0.8% | $129K-5.1% |
| Stock-Based Compensation | $979K+161.1% | N/A | N/A | N/A | $375K+1.4% | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | $0-100.0% | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | $6.5M+177.2% | N/A | N/A |
| Investing Cash Flow | -$35K+69.6% | -$12K+99.4% | -$1.0M-529.3% | -$18K+87.9% | -$115K+34.7% | -$1.9M-920.9% | $239K+246.6% | -$149K+95.3% |
| Financing Cash Flow | $0+100.0% | -$60K-100.7% | $687K-11.4% | $106K+111.1% | -$55K-102.2% | $8.0M+50137.5% | $775K+5266.7% | -$955K-5868.8% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
LOOP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | -1891.1% | N/A | -3423.3% | N/A | -1367.5% | 63.7% | -22907.7% | -21039.1% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | 1875.5%+1911.5pp | N/A | -100.1%-79.3pp |
| Return on Assets | -50.5%-28.9pp | N/A | -26.1%+228.5pp | -24.1%+8.1pp | -21.6%+6.0pp | 37.0%+61.8pp | -254.6%-237.4pp | -32.3%-16.0pp |
| Current Ratio | 0.68-2.1x | 1.31-2.2x | 1.69+1.6x | 2.26+1.8x | 2.81+0.8x | 3.50+0.2x | 0.12-6.6x | 0.48-7.0x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | 7.56+7.3x | N/A | 0.93+0.8x |
| Asset Turnover | 0.030.0x | N/A | 0.010.0x | 0.000.0x | 0.020.0x | 0.58+0.6x | 0.010.0x | 0.000.0x |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | 60.3% | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Note: Shareholder equity is negative (-$9.6M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Loop Industries, Inc. LOOP | FY2026 | $514K | -$12.3M | N/A | $22.9M | — |
| Alto Ingredients, Inc. ALTO | FY2025 | $917.9M | $13K | 0.0% | $307.2M | 33/100 |
| Trinseo PLC TSE | FY2025 | $3.0B | -$545.6M | -18.3% | $8.3M | 16/100 |
| 5E Advanced Materials, Inc. FEAM | FY2025 | N/A | -$31.6M | N/A | $62.3M | — |
| Northern Technologies International Corp. NTIC | FY2025 | $84.2M | $18K | 0.0% | $75.0M | 51/100 |
| Flexible Solutions International, Inc. FSI | FY2025 | $38.5M | $787K | 2.0% | $72.8M | 61/100 |
Where Loop Industries, Inc. Ranks
Frequently Asked Questions
What is Loop Industries, Inc.'s annual revenue?
Loop Industries, Inc. (LOOP) reported $514K in total revenue for fiscal year 2026. This represents a -95.3% 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, Inc.'s revenue growing?
Loop Industries, Inc. (LOOP) revenue declined by 95.3% year-over-year, from $10.9M to $514K in fiscal year 2026.
Is Loop Industries, Inc. profitable?
No, Loop Industries, Inc. (LOOP) reported a net income of -$12.3M in fiscal year 2026.
How much debt does Loop Industries, Inc. have?
As of fiscal year 2026, Loop Industries, Inc. (LOOP) had $2.4M in cash and equivalents against $2.4M in long-term debt.
What is Loop Industries, Inc.'s operating cash flow?
Loop Industries, Inc. (LOOP) recorded an outflow of $10.1M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Loop Industries, Inc.'s total assets?
Loop Industries, Inc. (LOOP) had $8.6M in total assets as of fiscal year 2026, including both current and long-term assets.
How much does Loop Industries, Inc. spend on research and development?
Loop Industries, Inc. (LOOP) invested $3.5M in research and development during fiscal year 2026.
What is Loop Industries, Inc.'s current ratio?
Loop Industries, Inc. (LOOP) had a current ratio of 1.31 as of fiscal year 2026, which is considered adequate.
What is Loop Industries, Inc.'s return on assets (ROA)?
Loop Industries, Inc. (LOOP) had a return on assets of -143.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Loop Industries, Inc.'s P/E ratio?
Loop Industries, Inc. (LOOP) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2026). The market capitalization is $22.9M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Loop Industries, Inc.'s price-to-sales ratio?
Loop Industries, Inc. (LOOP) trades at 44.5x sales, its market capitalization divided by revenue of $514K revenue, FY2026. The market capitalization is $22.9M as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does Loop Industries, Inc.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Loop Industries, Inc. (LOOP) held $3.8M in cash, cash equivalents and investments, and reported an operating cash outflow of $10.1M over that year. Dividing the one by the other, the reported balance equals about 5 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Loop Industries, Inc.'s debt-to-equity ratio negative or not reported?
Loop Industries, Inc. (LOOP) has negative shareholder equity of -$9.6M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Loop Industries, Inc.'s Piotroski F-Score?
Loop Industries, Inc. (LOOP) has a Piotroski F-Score of 1 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Loop Industries, Inc.'s earnings high quality?
Loop Industries, Inc. (LOOP) reported a net loss of $12.3M while operations used $10.1M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.