STOCK TITAN

Profit at Omega Flex (NASDAQ: OFLX) falls 41.8% on higher costs

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Omega Flex, Inc. reported first quarter 2026 results showing nearly flat sales but significantly lower profit. Net sales were $23,093,000 for the three months ended March 31, 2026, compared with $23,330,000 a year earlier, a decrease of 1.0%.

Net income attributable to Omega Flex declined to $2,077,000 from $3,568,000, a drop of 41.8%, and earnings per share fell to $0.21 from $0.35, based on 10,094,322 weighted average shares in both periods. Management attributes the profit decline mainly to rising raw material costs, including tariffs, along with higher marketing and product enhancement expenses, while continuing to invest in capacity expansion and geographic growth.

Positive

  • None.

Negative

  • Net income declined 41.8% year over year in Q1 2026 to $2,077,000, with earnings per share falling to $0.21 from $0.35, reflecting significant margin pressure from higher raw material costs, tariffs, and increased marketing and product-related expenses.

Insights

Flat sales but a 41.8% profit drop signal margin pressure from higher costs.

Omega Flex posted Q1 2026 net sales of $23,093,000, down only 1.0% year over year, indicating relatively stable demand for its flexible metal hose and gas piping products.

However, net income fell to $2,077,000 from $3,568,000, a 41.8% decline, and EPS dropped to $0.21 from $0.35. Management cites rising raw material costs, including tariffs, plus marketing and product enhancement expenses as the main drivers.

The company also continued targeted investments in equipment and facilities to expand capacity and support geographic growth. Future disclosures in company filings may clarify how quickly these investments and product enhancements affect margins and earnings.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Net sales Q1 2026 $23,093,000 Three months ended March 31, 2026
Net sales Q1 2025 $23,330,000 Three months ended March 31, 2025
Net income Q1 2026 $2,077,000 Net income attributable to Omega Flex, Inc.
Net income Q1 2025 $3,568,000 Net income attributable to Omega Flex, Inc.
Earnings per share Q1 2026 $0.21 Basic and diluted EPS for the quarter
Earnings per share Q1 2025 $0.35 Basic and diluted EPS for the prior-year quarter
Net income decline rate 41.8% Decrease in net income Q1 2026 vs Q1 2025
Share count 10,094,322 shares Weighted average shares basic and diluted in both periods
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
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.
Private Securities Litigation Reform Act of 1995 regulatory
"forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
tariffs financial
"The decrease in net income was mainly 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.
net income attributable to Omega Flex, Inc. financial
"Net Income attributable to Omega Flex, Inc. | | $ | 2,077,000"
earnings per share financial
"Earnings Per Share - Basic and Diluted | | $ | 0.21"
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.
Net sales $23,093,000 -1.0% year over year
Net income attributable to Omega Flex, Inc. $2,077,000 -41.8% year over year
Earnings per share (basic and diluted) $0.21 down from $0.35 in Q1 2025
false 0001317945 0001317945 2026-04-29 2026-04-29 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): April 29, 2026

 

OMEGA FLEX, INC.

(Exact name of registrant as specified in charter)

 

Pennsylvania   000-51372   23-1948942
(State or other jurisdiction   (Commission   (I.R.S. Employer
of incorporation)   File Number)   Identification No.)

 

451 Creamery Way

Exton, Pennsylvania 19341

(Address of Principal Executive Offices)

 

Registrant’s telephone number, including area code: 610-524-7272

 

Not applicable

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.01 per share   OFLX   NASDAQ Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION

 

On April 29, 2026, Omega Flex, Inc. (the “Company”) issued a press release reporting its results for the three months ended March 31, 2026. A copy of the earnings release issued by the Company with respect to these matters is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

The information set forth and incorporated by reference in this Item 2.02 is “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and the Company does not incorporate it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act.

 

ITEM 9.01. FINANCIAL STATEMENT AND EXHIBITS

 

(d) Exhibits:

 

Exhibit

Number

  Description
99.1   Press Release dated April 29, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

  OMEGA FLEX, INC.
     
Date: April 29, 2026 By: /s/ Dean W. Rivest
    Dean W. Rivest
    Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

OMEGA FLEX, INC.

Manufacturer of flexible metal hose and gas piping products

 

Exton, Pennsylvania Contact: Dean W. Rivest
April 29, 2026 (610) 524-7272

 

PRESS RELEASE

 

“Omega Flex, Inc. Announces First Quarter 2026 Earnings”

 

   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.

 

 

 

FAQ

How did Omega Flex (OFLX) perform in Q1 2026 versus Q1 2025?

Omega Flex’s Q1 2026 sales were slightly lower, but profits fell sharply. Net sales decreased 1.0% to $23,093,000, while net income dropped 41.8% to $2,077,000 and earnings per share fell to $0.21 from $0.35 a year earlier.

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

In Q1 2026, Omega Flex reported net sales of $23,093,000 and net income attributable to the company of $2,077,000. This compares with $23,330,000 in net sales and $3,568,000 in net income for Q1 2025, indicating stable revenue but notably lower profitability.

What caused Omega Flex’s Q1 2026 earnings decline?

The earnings decline mainly reflects higher costs and growth spending. Management attributes lower Q1 2026 net income primarily to rising raw material costs, including tariffs, along with increased marketing efforts and product enhancement and certification expenses that weighed on margins.

How did Omega Flex’s Q1 2026 earnings per share compare to last year?

Omega Flex’s Q1 2026 basic and diluted earnings per share were $0.21, down from $0.35 in Q1 2025. The share count was unchanged at 10,094,322 weighted average shares in both periods, so the EPS decline directly reflects reduced profitability rather than dilution.

Is Omega Flex investing for growth despite lower Q1 2026 profits?

Yes. During Q1 2026, Omega Flex continued targeted investments in equipment and facilities to expand capacity, enhance operational efficiency, and support geographic growth, while also pursuing product enhancements intended to strengthen its market position beyond traditional markets despite current margin pressures.

What forward-looking statement cautions did Omega Flex include with Q1 2026 results?

Omega Flex noted that its press release includes forward-looking statements about financial condition, performance, growth strategies and trends. These statements are based on current expectations and subject to risks and uncertainties detailed in its Form 10-K risk factors and management’s discussion sections.

Filing Exhibits & Attachments

4 documents