Omega Flex, Inc. reports recurring developments tied to its business as a manufacturer of flexible metal hose and gas piping products. Company news centers on quarterly and annual earnings, net sales, net income, unit volumes, raw material costs, tariffs, product development, certification expenses, and the effect of housing and construction conditions on demand.
Omega Flex also announces regular quarterly dividends and describes board considerations involving operating results, financial condition, capital expenditure plans, possible acquisitions, equipment and facility investments, capacity expansion, operational efficiency, geographic growth, and product enhancements beyond its traditional markets.
Omega Flex (OFLX) reported third-quarter 2026 net income of $2,359,000, down 36.0% from the same period in 2025. Quarterly sales rose 6.0% to $25,697,000, while basic and diluted earnings per share fell to $0.23 from $0.37.
For the nine months ended September 30, 2026, sales declined 0.3% to $72,847,000. Net income fell 37.7% to $7,111,000, and earnings per share dropped to $0.70 from $1.13. Higher raw material costs, including inbound transportation and tariffs, and marketing spending weighed on earnings; lower product liability reserves and expenses partly offset these pressures.
Omega Flex expects higher costs to continue as it builds inventory and markets its re-engineered fitting, introduced July 1, 2026, but believes they will normalize over time. Costs associated with inventory procurement and the fitting accounted for approximately 52% of the nine-month earnings decline and 102% of the quarterly decline. Equipment and facility investments continue.
Omega Flex (OFLX)/b) declared a regular quarterly dividend of $0.34 per share for the third quarter of 2026.The dividend is payable on October 14, 2026 to shareholders of record as of September 30, 2026. The Board of Directors will determine future regular quarterly dividend amounts each quarter after reviewing the company’s cash needs, results of operations, financial condition, capital expenditure plans, potential acquisitions, and other relevant factors.
Omega Flex (NASDAQ: OFLX) reported second quarter and six-month 2026 results, showing pressure on sales and earnings alongside strategic product and regulatory milestones. Net sales for the six months ended June 30, 2026 were $47.2 million, down 3.5% from $48.9 million in 2025, while net income fell to $4.8 million from $7.7 million, a 38.5% decline. For the three months ended June 30, 2026, net sales were 5.8% lower and net income was 35.6% below the prior-year quarter. The company attributed the declines mainly to lower unit volumes amid a weaker construction market and higher raw material, transportation, tariff, marketing, and product enhancement costs, partly offset by lower product liability reserves.
On July 1, 2026, Omega Flex introduced a re‑engineered TracPipe flexible gas piping fitting aimed at broader residential and commercial use, including larger diameter systems up to two inches. In August 2026, its subsidiary Flex‑Trac received CE mark certification under EU MDR 2017/745 for its patent‑protected MediTrac corrugated medical tubing (CMT) as a Class IIa device, adding to existing NFPA 99 and Canadian Z7396.1 compliance and ISO 13485:2016‑certified quality management. MediTrac CMT is already installed in healthcare facilities across 48 U.S. states, Canada, the U.K., Southeast Asia, and other markets.
Omega Flex (NASDAQ: OFLX) has re-engineered fittings for its TracPipe flexible gas piping systems, aiming to make installations more intuitive, efficient and consistent for contractors. The new silicone-covered fittings prevent exposed stainless steel at joints and feature adaptable designs across 3/8-in. to 2-in. sizes.
They directly replace AutoFlare fittings, use standard tools, connect to black iron and appliances, and support residential, commercial and industrial gas applications. According to Omega Flex, all TracPipe CSST products are CSA listed under ANSI LC 1 and approved in the U.S. and Canada, with AutoFlare available until end of 2026.
Omega Flex (NASDAQ: OFLX) declared a regular quarterly dividend of $0.34 per share for the second quarter of 2026. The dividend is payable on July 7, 2026, to shareholders of record on June 23, 2026. Future dividends will be determined quarterly based on cash needs and financial factors.
Omega Flex (NASDAQ:OFLX) reported first-quarter 2026 results for the three months ended March 31, 2026. Net sales were $23,093,000 versus $23,330,000 a year earlier. Net income attributable to Omega Flex was $2,077,000 versus $3,568,000 a year earlier.
The company said the net income decline reflected higher raw material and tariff costs, increased marketing, and product enhancement and certification expenses. The company also reported ongoing targeted investments in equipment and facilities to expand capacity and support geographic growth.
Omega Flex (NASDAQ: OFLX) announced a regular quarterly dividend of $0.34 per share, payable April 21, 2026, to shareholders of record on April 9, 2026. The Board said dividend decisions will be reviewed quarterly based on cash needs, results, financial condition, capital plans, and potential acquisitions.
Omega Flex (NASDAQ:OFLX) reported full-year 2025 net sales of $98,296,000, down 3.3% from 2024, and net income of $14,827,000, down 17.7% year-over-year. EPS for 2025 was $1.47 on 10,094,322 weighted shares.
Fourth-quarter 2025 sales were $25,207,000 (6.5% decline) and quarterly net income was $3,415,000 (27.1% decline), with management citing lower unit volumes and higher product development, certification and consulting expenses.
Omega Flex (NASDAQ: OFLX) announced a regular quarterly dividend of $0.34 per share, payable on January 7, 2026 to shareholders of record as of December 19, 2025. The Board said it will set future quarterly dividend amounts on a quarterly basis after reviewing cash needs, results of operations, financial condition, capital expenditure plans, and possible acquisitions.
The announcement confirms a declared cash distribution and states dividends remain subject to future Board review and company performance.
Omega Flex (OFLX) reported third-quarter 2025 results on October 29, 2025. For the nine months ended Sept 30, 2025, net sales were $73,089,000 versus $74,716,000 in 2024 (a 2.2% decline). Net income attributable to the company for the nine months was $11,412,000 versus $13,332,000 in 2024 (a 14.4% decline).
For Q3 2025, net sales were $24,234,000 vs $24,880,000 in Q3 2024 (a 2.6% decline) and net income was $3,688,000 vs $4,617,000 in Q3 2024 (a 20.1% decline). EPS for nine months was $1.13 vs $1.32 prior year; Q3 EPS was $0.37 vs $0.46. Management attributes declines mainly to lower unit volumes amid a challenged residential housing market.