Omega Flex, Inc. Announces Third Quarter 2025 Earnings

Rhea-AI Summary

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.

Positive

• Nine-month net sales of $73.09M
• Nine-month net income of $11.41M
• Weighted average shares stable at 10,094,322

Negative

• Nine-month net sales down 2.2% vs 2024
• Q3 net sales down 2.6% year-over-year
• Nine-month net income down 14.4% vs 2024
• Q3 net income down 20.1% year-over-year
• Management cites weaker residential housing unit volumes

EXTON, Pa., Oct. 29, 2025 (GLOBE NEWSWIRE) --

		OMEGA FLEX, INC. (OFLX)
		Nine Months Ended September 30,							Three Months Ended September 30,
			2025				2024			2025			2024
Net Sales		$	73,089,000			$	74,716,000		$	24,234,000		$	24,880,000
Net Income attributable to Omega Flex, Inc.		$	11,412,000			$	13,332,000		$	3,688,000		$	4,617,000
Earnings Per Share – Basic and Diluted		$	1.13			$	1.32		$	0.37		$	0.46
Weighted Average Shares – Basic and Diluted			10,094,322				10,094,322			10,094,322			10,094,322

Dean W. Rivest, CEO, announced that net sales of Omega Flex, Inc. (the “Company”) for the first nine months of 2025 and 2024 were $73,089,000 and $74,716,000, respectively, decreasing $1,627,000 or 2.2%.  Net Sales for the three months ended September 30, 2025 were 2.6% lower than the third quarter of 2024. 

Net income for the first nine months of 2025 was $11,412,000, compared to $13,332,000 for the first nine months of 2024, decreasing $1,920,000 or 14.4%. Net income for the third quarter of 2025 was 20.1% below the same period in 2024.  

The decrease in net sales and net income was mainly due to lower sales unit volumes as the residential housing market continues to be challenged, among other factors, by higher construction costs and sales prices.

INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult to predict and may be beyond the ability of Omega Flex to control. Certain statements in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform act of 1995 that are not historical facts, but rather reflect Omega Flex’s current expectations concerning future results and events. The words “believes,” “expects,” “intends,” “plans,” “anticipates,” “hopes,” “likely,” “will,” and similar expressions identify such forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of Omega Flex (or entities in which Omega Flex has interests) or industry results, to differ materially from future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s view only as of the date of this press release. Omega Flex undertakes no obligation to publicly release the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances.

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

FAQ

What were Omega Flex (OFLX) net sales for the nine months ended Sept 30, 2025?

$73,089,000 in net sales for the nine months ended Sept 30, 2025.

How much did Omega Flex (OFLX) net income decline in the first nine months of 2025?

Net income declined 14.4%, from $13,332,000 to $11,412,000 for the nine months.

What were Omega Flex (OFLX) Q3 2025 earnings per share (EPS)?

Q3 2025 EPS was $0.37 compared with $0.46 in Q3 2024.

Why did Omega Flex (OFLX) report lower sales and income in Q3 2025?

Management attributed declines mainly to lower unit volumes as the residential housing market remains challenged.

Did Omega Flex (OFLX) report any change in share count for 2025?

Weighted average shares were unchanged at 10,094,322 for both periods reported.