Flexible Solutions International, Inc. (NYSE Amex: FSI) announced its financial results for the second quarter of 2025.
Sales for Q2 were $11,367,132, up 8% from the same period last year.
Net income for Q2, 2025 was $2,028,912, compared to $1,289,796 in Q2, 2024.
Sales Growth
Q2 sales increased by 8% year-over-year, reaching $11.4 million.
Net Income Surge
Q2, 2025 net income rose to $2.0 million, up from $1.3 million in Q2, 2024.
R&D Impact
Significant R&D revenue had positive effects on the reported earnings for Q2.
Cost Management
Higher costs including tariffs negatively affected earnings despite revenue growth.
Operational Cash Flow
Operating cash flow for the first 6 months of 2025 was $4.25 million.
- The higher earnings in Q2, 2025 were partly driven by research and development services.
- Cost management challenges, including higher tariffs, had a negative impact on earnings despite revenue growth.
- NanoChem division and ENP subsidiary remain key revenue sources for the company, with growth opportunities in various sectors.
Flexible Solutions International made solid progress in Q2, 2025 despite facing headwinds such as tariff increases. The company's focus on R&D and operational efficiency will be essential for future growth and success.