Omega Flex, Inc. Announces First Quarter 2026 Earnings

Omega Flex (NASDAQ:OFLX) reported first-quarter 2026 results for the three months ended March 31, 2026.

Rhea-AI Summary

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.

Positive

• Net sales of $23.09M in Q1 2026 (largely stable versus prior year)
• Ongoing targeted investments in equipment and facilities to expand capacity

Negative

• Net income down 41.8% to $2.08M in Q1 2026
• Rising raw material costs and tariffs cited as drivers of lower profitability

Argus Apr 30 session

-6.02% close to close Open Argus

Details

News Market Reaction – OFLX

On Apr 30, the first trading day after this news, OFLX closed 6.02% below the previous close.

Data tracked by StockTitan Argus for the Apr 30 session.

Key Figures

Q1 2026 Net Sales: $23,093,000 Q1 2025 Net Sales: $23,330,000 Q1 2026 Net Income: $2,077,000 +5 more

Q1 2026 Net Sales

$23,093,000

Three months ended March 31, 2026

Q1 2025 Net Sales

$23,330,000

Three months ended March 31, 2025

Q1 2026 Net Income

$2,077,000

Attributable to Omega Flex, Inc.

Q1 2025 Net Income

$3,568,000

Attributable to Omega Flex, Inc.

Q1 2026 EPS

$0.21

Basic and diluted earnings per share

Q1 2025 EPS

$0.35

Basic and diluted earnings per share

Weighted Avg Shares

10,094,322

Basic and diluted in both Q1 2026 and Q1 2025

Net Sales Change

1.0% decrease

Q1 2026 vs Q1 2025, per company commentary

Previous Earnings Reports

5 past events · Latest: Mar 04

Same Type 5 events

1. Mar 04

   Earnings release

   24h Move

   -16.8%

   Full-year 2025 sales and income declined amid higher development and consulting costs.

2. Oct 29

   Earnings release

   24h Move

   -1.5%

   Q3 2025 and nine-month 2025 results showed lower sales and net income versus 2024.

3. Jul 30

   Earnings release

   24h Move

   -1.0%

   Q2 2025 net income and first-half 2025 results declined despite modest sales growth.

4. Apr 30

   Earnings release

   24h Move

   -2.2%

   Q1 2025 net sales and net income fell year over year amid soft housing demand.

5. Mar 05

   Earnings release

   24h Move

   +2.0%

   Full-year 2024 results showed declining sales and net income versus 2023 levels.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

earnings per share, weighted average shares, tariffs, forward-looking statements

4 terms

earnings per share financial

"Earnings Per Share - Basic and Diluted | | $0.21 | | $0.35"

Earnings per share represent the amount of profit a company makes for each share of its stock, similar to how a pie’s total size can be divided into slices for each person. It helps investors understand how profitable the company is on a per-share basis, making it easier to compare its performance over time or against other companies. Higher earnings per share generally indicate better profitability and can influence a company's stock value.

View in glossary

weighted average shares financial

"Weighted Average Shares - Basic and Diluted | | 10,094,322"

Weighted average shares is the average number of a company’s shares outstanding over a reporting period, calculated by giving each share count the proportion of time it was in effect—so shares issued or bought back partway through the period count only for the time they existed. Investors use it to turn totals like profit into per-share measures (e.g., earnings per share), making performance comparable over time; think of it like averaging daily car use to report a fair miles-per-day figure.

tariffs regulatory

"due to rising raw material costs, including tariffs, marketing efforts"

Tariffs are taxes imposed by a government on goods imported from other countries. They increase the cost of those goods, which can lead to higher prices for consumers and impact international trade. For investors, tariffs matter because they can influence the profitability of companies, affect supply chains, and shift economic stability across different regions.

forward-looking statements regulatory

"INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS –"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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EXTON, Pa., April 29, 2026 (GLOBE NEWSWIRE) --

		OMEGA FLEX, INC. (OFLX)
		Three Months Ended March 31,
		2026			2025
Net Sales		$	23,093,000		$	23,330,000
Net Income attributable to Omega Flex, Inc.		$	2,077,000		$	3,568,000
Earnings Per Share - Basic and Diluted		$	0.21		$	0.35
Weighted Average Shares - Basic and Diluted			10,094,322			10,094,322

Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first quarters of 2026 and 2025 were $23,093,000 and $23,330,000, respectively, decreasing $237,000 or 1.0%.  Net income for the first quarters of 2026 and 2025 were $2,007,000 and $3,568,000, respectively, decreasing $1,491,000 or 41.8%. The decrease in net income was mainly due to rising raw material costs, including tariffs, marketing efforts, and product enhancement and certification related expenses.

During the quarter, the Company continued to make targeted investments in equipment and facilities to expand capacity, enhance operational efficiency, and support geographic growth, while pursuing product enhancements intended to strengthen its market position beyond traditional markets.

INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s financial condition, results of operations, future performance, growth strategies, business initiatives and anticipated trends. Forward-looking statements can generally be identified by words such as “may,” “should,” “will,” “could,” “estimates,” “predicts,” “potential,” “continue,” “anticipates,” “believes,” “plans,” “expects,” “future,” “intends,” “projects,” the negative of these terms, or other comparable terminology. Forward-looking statements are neither historical facts nor assurances of future performance. Rather, they are based on current beliefs, expectations and assumptions regarding the Company’s business, strategies and anticipated events and trends. These statements are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict, many of which are outside of our control, and actual results could differ materially from those expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation, other than as required by law, to update or revise any forward-looking statements to reflect events or circumstances after the date hereof. Further information regarding risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements is included in the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission.

Contact: Dean W. Rivest
(610) 524-7272

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were Omega Flex (OFLX) Q1 2026 net sales and net income?

Omega Flex reported $23.09M in net sales and $2.08M net income for Q1 2026. According to the company, sales were essentially flat year-over-year while net income declined due to higher material, tariff, marketing, and certification costs.

Why did Omega Flex (OFLX) net income fall in Q1 2026?

Net income fell largely because of higher raw material costs, tariffs, and increased marketing and certification expenses. According to the company, those costs and targeted product enhancement spending reduced profitability in the quarter.

Did Omega Flex (OFLX) report any changes to operations or investments for 2026?

The company said it continued targeted investments in equipment and facilities to expand capacity and support geographic growth. According to the company, investments also aim to enhance operational efficiency and enable product enhancements.

How did Omega Flex (OFLX) EPS and shares outstanding compare in Q1 2026?

Earnings per share were reported at $0.21 (basic and diluted) with weighted average shares of 10,094,322. According to the company, share counts were unchanged versus the prior-year period.

What should investors know about Omega Flex (OFLX) near-term outlook after Q1 2026 results?

The quarter showed stable sales but reduced net income driven by cost pressures and investments. According to the company, ongoing capacity and product investments aim to support future growth, while costs may continue to affect near-term margins.