Here are the 10-Q quarterly reports from Loop Industries, Inc. (LOOP) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LOOP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LOOP filings page.
Loop Industries, Inc. reported six-month revenue of $296,000, compared with $252,000 a year earlier, and a net loss of $6.372 million versus $6.651 million. Net cash used in operations was $2.394 million, compared with $5.604 million. During the quarter, it sold 428,203 shares through its ATM Equity Offering program at an average of $1.09 per share, generating approximately $466,000 gross and $452,000 net for general corporate purposes and to strengthen working capital.
As of August 31, 2026, cash was $836,000 and $1.113 million remained available under the credit facility. Management said these resources would not fund operations, obligations and commitments for the next twelve months, raising substantial doubt about the company’s ability to continue as a going concern. On October 13, 2026, cash was $757,000 and $629,000 was available under the facility. Nasdaq notices said Loop was not in compliance: market value had remained below $50 million for 30 consecutive business days and the bid price below $1.00 for 30 consecutive business days. The respective compliance deadlines are January 20 and January 25, 2027.
Loop Industries, Inc. reported first‑quarter 2026 revenue of $179 (thousands), all from engineering services to its India joint venture, with no product sales. Cost of services matched revenue, and operating expenses fell modestly, leading to a slightly narrower net loss of $3,385 (thousands) versus the prior year.
The balance sheet remains weak: cash and cash equivalents were $1,063 (thousands) with an additional $2,537 (thousands) available under an undrawn credit facility, against total liabilities of $18,721 (thousands) and a stockholders’ deficit of $12,018 (thousands). Management concludes these resources are insufficient to fund obligations for 12 months, raising substantial doubt about the company’s ability to continue as a going concern.
Strategically, Loop continues to focus on commercializing its Infinite Loop™ depolymerization technology through its 50/50 India JV with Ester and a licensing model in Europe. The India facility is budgeted at approximately $165–$170 million with planned 70,000‑ton annual capacity and offtake arrangements with global apparel and polymer customers, while the first European licensed plant is planned in Germany with similar capacity by 2030.
Loop Industries, Inc. reported another quarter of small revenues and significant losses as it remains in the pre-commercialization stage. For the three months ended November 30, 2025, revenue was $86,000, while total expenses reached $2.6 million, leading to a net loss of $2.9 million. For the nine-month period, revenue totaled $338,000 and the net loss was $9.6 million, narrower than the prior year but still substantial.
Liquidity is tight: cash and cash equivalents fell to $5.2 million from $13.0 million at February 28, 2025, and total assets declined to $11.3 million versus liabilities of $18.6 million, resulting in a stockholders’ deficit of $(7.3) million. Management concluded that existing cash plus an undrawn $2.5 million credit facility are insufficient to fund operations for the next 12 months, creating “substantial doubt” about the company’s ability to continue as a going concern. Loop continues to advance its Infinite Loop™ commercialization strategy, including a 50/50 India joint venture with Ester and a European technology licensing and Series B preferred financing partnership with Reed, but these projects require significant additional funding.
Loop Industries reported Q2 FY2026 results showing minimal revenue and narrower losses. For the three months ended August 31, 2025, revenue was $0 (vs. $23 thousand a year ago) and net loss was $3.2 million (vs. $4.8 million). For the six months, revenue reached $252 thousand (vs. $29 thousand) while net loss improved to $6.7 million (vs. $10.0 million).
Cash and cash equivalents were $7.3 million as of August 31, 2025, with total available liquidity of $9.9 million including an undrawn $2.5 million Canadian credit facility. Operating cash outflow was $5.6 million for the six months. Stockholders’ equity moved to a deficit of $5.5 million, reflecting ongoing losses and a Series B Convertible Preferred Stock balance of $11.3 million, which accrued $681 thousand of PIK dividends year-to-date.
The company recorded $244 thousand of engineering services revenue tied to its India joint venture and recognized a $345 thousand loss from equity-accounted investments. The India facility is estimated at $176 million, with land arrangements in Gujarat advancing and groundbreaking targeted by fiscal year-end 2026. As of October 14, 2025, common shares outstanding were 48,043,068.