Loop Industries, Inc.
LOOP Nasdaq Chemicals & Allied Products Financials FY2017–FY2026
Revenue
Total sales reported in the income statement.
$0.5M
95.3%
vs prior year
Operating margin
Operating income as a share of revenue.
—
Net income
Profit after all expenses, interest and tax.
−$12.3M
Free cash flow
Cash from operations minus capital spending.
—
Return on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
—
Market cap
Last close times the latest diluted share count, so it is approximate.
—
P/E
Last close divided by diluted earnings per share over the last four quarters.
—
What Loop Industries, Inc. does
No business description yet.
- Legal name
- Loop Industries, Inc.
- Fiscal year ends
- February 28, 2026
- Latest annual report
- 10-K · May 27, 2026
- Accession · CIK
- 0001437749-26-018576
0001504678
Revenue and margins
Loop Industries, Inc. had $0.5M of revenue in fiscal 2026, down 95.3% on the year before.
FY17
Revenue $0.0M
FY18
Revenue $0.0M
FY19
Revenue $0.0M
FY20
Revenue $0.0M
FY21
Revenue $0.0M
FY22
Revenue $0.0M
FY23
Revenue $0.2M
FY24
Revenue $0.2M
FY25
Revenue $10.9M
FY26
Revenue $0.5M
Q3 '24
Revenue $0.0M
Q4 '24
Revenue $0.0M
Q1 '25
Revenue $0.0M
Q2 '25
Revenue $0.0M
Q3 '25
Revenue $0.1M
Q4 '25
Revenue $10.8M
Q1 '26
Revenue $0.3M
Q2 '26
Revenue $0.0M
Q3 '26
Revenue $0.1M
Q4 '26
Revenue $0.2M
Q1 '27
Revenue $0.2M
Q2 '27
Revenue $0.1M
FY17
Gross —
Operating —
Net —
FCF —
FY18
Gross —
Operating —
Net —
FCF —
FY19
Gross —
Operating —
Net —
FCF —
FY20
Gross —
Operating —
Net —
FCF —
FY21
Gross —
Operating —
Net —
FCF —
FY22
Gross —
Operating —
Net —
FCF —
FY23
Gross —
Operating —
Net −12,312.7%
FCF −20,215.6%
FY24
Gross —
Operating —
Net −13,782.4%
FCF −15,168.6%
FY25
Gross 98.0%
Operating —
Net −138.3%
FCF −19.5%
FY26
Gross 25.9%
Operating —
Net −2,392.8%
FCF —
Gross
Operating
Net
FCF
Q3 '24
Gross —
Operating —
Net −16,323.1%
FCF −14,442.3%
Q4 '24
Gross —
Operating —
Net −11,315.6%
FCF −18,746.7%
Q1 '25
Gross —
Operating —
Net −86,483.3%
FCF —
Q2 '25
Gross —
Operating —
Net −21,039.1%
FCF —
Q3 '25
Gross —
Operating —
Net −22,907.7%
FCF —
Q4 '25
Gross —
Operating —
Net 63.7%
FCF 60.3%
Q1 '26
Gross 54.8%
Operating —
Net −1,367.5%
FCF —
Q2 '26
Gross —
Operating —
Net —
FCF —
Q3 '26
Gross —
Operating —
Net −3,423.3%
FCF —
Q4 '26
Gross —
Operating —
Net −1,536.4%
FCF —
Q1 '27
Gross 0.0%
Operating —
Net −1,891.1%
FCF —
Q2 '27
Gross 3.4%
Operating —
Net −2,553.8%
FCF —
Gross
Operating
Net
FCF
Net income and earnings per share
Loss periods are shown in red.
FY17
Net income −$4.1M
FY18
Net income −$14.0M
FY19
Net income −$17.5M
FY20
Net income −$14.5M
FY21
Net income −$36.3M
FY22
Net income −$44.9M
FY23
Net income −$21.3M
FY24
Net income −$21.1M
FY25
Net income −$15.1M
FY26
Net income −$12.3M
Q3 '24
Net income −$4.2M
Q4 '24
Net income −$5.1M
Q1 '25
Net income −$5.2M
Q2 '25
Net income −$4.8M
Q3 '25
Net income −$11.9M
Q4 '25
Net income $6.9M
Q1 '26
Net income −$3.4M
Q2 '26
Net income −$3.2M
Q3 '26
Net income −$2.9M
Q4 '26
Net income −$2.7M
Q1 '27
Net income −$3.4M
Q2 '27
Net income −$3.0M
FY17
Diluted EPS −$0.13
FY18
Diluted EPS −$0.43
FY19
Diluted EPS −$0.52
FY20
Diluted EPS −$0.38
FY21
Diluted EPS −$0.89
FY22
Diluted EPS —
FY23
Diluted EPS —
FY24
Diluted EPS −$0.44
FY25
Diluted EPS −$0.32
FY26
Diluted EPS —
Q3 '24
Diluted EPS −$0.09
Q4 '24
Diluted EPS —
Q1 '25
Diluted EPS −$0.11
Q2 '25
Diluted EPS —
Q3 '25
Diluted EPS −$0.25
Q4 '25
Diluted EPS —
Q1 '26
Diluted EPS −$0.07
Q2 '26
Diluted EPS —
Q3 '26
Diluted EPS —
Q4 '26
Diluted EPS —
Q1 '27
Diluted EPS —
Q2 '27
Diluted EPS —
Returns on capital
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
FY17
Return on capital —
Return on equity −192.5%
Return on assets −140.1%
FY18
Return on capital —
Return on equity −225.3%
Return on assets −171.9%
FY19
Return on capital —
Return on equity −270.8%
Return on assets −137.3%
FY20
Return on capital —
Return on equity −70.6%
Return on assets −52.8%
FY21
Return on capital —
Return on equity −102.0%
Return on assets −84.3%
FY22
Return on capital —
Return on equity −114.0%
Return on assets −87.5%
FY23
Return on capital —
Return on equity −53.4%
Return on assets −42.7%
FY24
Return on capital —
Return on equity −88.1%
Return on assets −69.0%
FY25
Return on capital —
Return on equity −207.6%
Return on assets −77.0%
FY26
Return on capital —
Return on equity —
Return on assets −90.6%
Return on capital
Return on equity
Return on assets
Cash flow
Free cash flow was — in fiscal 2026, — of revenue. Cash from operations minus capital spending.
FY17
Free cash flow −$3.3M
FY18
Free cash flow −$9.1M
FY19
Free cash flow −$9.5M
FY20
Free cash flow −$11.5M
FY21
Free cash flow −$24.2M
FY22
Free cash flow −$45.4M
FY23
Free cash flow −$35.0M
FY24
Free cash flow −$23.2M
FY25
Free cash flow −$2.1M
FY26
Free cash flow —
Q3 '24
Free cash flow −$3.8M
Q4 '24
Free cash flow −$8.4M
Q1 '25
Free cash flow —
Q2 '25
Free cash flow —
Q3 '25
Free cash flow —
Q4 '25
Free cash flow $6.5M
Q1 '26
Free cash flow —
Q2 '26
Free cash flow —
Q3 '26
Free cash flow —
Q4 '26
Free cash flow —
Q1 '27
Free cash flow —
Q2 '27
Free cash flow —
FY17
Cash from operations −$2.8M
Capital spending $0.5M
FY18
Cash from operations −$6.4M
Capital spending $2.7M
FY19
Cash from operations −$7.6M
Capital spending $1.9M
FY20
Cash from operations −$9.1M
Capital spending $2.4M
FY21
Cash from operations −$22.5M
Capital spending $1.7M
FY22
Cash from operations −$40.6M
Capital spending $4.8M
FY23
Cash from operations −$34.9M
Capital spending $0.1M
FY24
Cash from operations −$18.0M
Capital spending $5.2M
FY25
Cash from operations −$2.1M
Capital spending $0.0M
FY26
Cash from operations −$10.1M
Capital spending —
Cash from operations
Capital spending
Q3 '24
Cash from operations −$3.7M
Capital spending $0.0M
Q4 '24
Cash from operations −$3.3M
Capital spending $5.2M
Q1 '25
Cash from operations −$3.9M
Capital spending —
Q2 '25
Cash from operations −$2.9M
Capital spending —
Q3 '25
Cash from operations −$1.9M
Capital spending —
Q4 '25
Cash from operations $6.5M
Capital spending $0.0M
Q1 '26
Cash from operations −$3.1M
Capital spending —
Q2 '26
Cash from operations −$2.5M
Capital spending —
Q3 '26
Cash from operations −$1.8M
Capital spending —
Q4 '26
Cash from operations −$2.7M
Capital spending —
Q1 '27
Cash from operations −$1.2M
Capital spending —
Q2 '27
Cash from operations −$1.2M
Capital spending —
Cash from operations
Capital spending
Dividends, buybacks and share count
Loop Industries, Inc. returned — to shareholders in fiscal 2026. The diluted share count rose 0.0%.
FY17
Dividends —
Buybacks —
FY18
Dividends —
Buybacks —
FY19
Dividends —
Buybacks —
FY20
Dividends —
Buybacks —
FY21
Dividends —
Buybacks —
FY22
Dividends —
Buybacks —
FY23
Dividends —
Buybacks —
FY24
Dividends —
Buybacks —
FY25
Dividends —
Buybacks —
FY26
Dividends —
Buybacks —
Dividends
Buybacks
FY17
Diluted shares 0.03B
FY18
Diluted shares 0.03B
FY19
Diluted shares 0.03B
FY20
Diluted shares 0.04B
FY21
Diluted shares 0.04B
FY22
Diluted shares —
FY23
Diluted shares —
FY24
Diluted shares 0.05B
FY25
Diluted shares 0.05B
FY26
Diluted shares —
Balance sheet
Cash, debt and the ratios that show how comfortably Loop Industries, Inc. can carry it.
FY17
Cash $0.9M
Debt —
FY18
Cash $8.1M
Debt $1.1M
FY19
Cash $5.8M
Debt $1.0M
FY20
Cash $33.7M
Debt $2.3M
FY21
Cash $35.2M
Debt $2.7M
FY22
Cash $44.1M
Debt $3.6M
FY23
Cash $29.6M
Debt $3.6M
FY24
Cash $7.0M
Debt $3.5M
FY25
Cash $13.0M
Debt $3.1M
FY26
Cash $2.4M
Debt $3.1M
Cash
Debt
| Fiscal year end | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash and short-term investments | $44.1M | $29.6M | $7.0M | $13.0M | $2.4M |
| Debt incl. finance leases | $3.6M | $3.6M | $3.5M | $3.1M | $3.1M |
| Debt / equity | 0.1x | 0.1x | 0.2x | 8.4x | — |
| Current ratio | 5.3x | 10.2x | 3.3x | 3.5x | 1.3x |
| Quick ratio | 5.3x | 10.0x | 3.3x | 3.5x | 1.3x |
| Total assets | $59.2M | $40.6M | $20.6M | $18.6M | $8.6M |
| Total liabilities | $13.2M | $6.8M | $6.4M | $18.2M | $18.1M |
| Shareholders' equity | $46.0M | $33.7M | $14.1M | $0.4M | −$9.6M |
| Net debt (− = net cash) | −$40.4M | −$26.0M | −$3.4M | −$9.9M | $0.8M |
Insider trades
Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. 'Plan' marks trades under a pre-arranged Rule 10b5-1 plan.
Bought, 12 months
$0.0M
0 insiders
Sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
No open-market insider trades in the last 12 months.
Piotroski F-score
Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.
| Test | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income is positive | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ |
| Cash from operations is positive | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ |
| Return on assets rose | — | ✓ | ✕ | ✓ | ✕ | ✓ | ✓ | ✕ | ✓ | ✕ |
| Cash from operations exceeds net income | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | ✓ | ✓ | ✓ |
| Debt fell relative to assets | — | — | ✕ | ✓ | ✕ | ✓ | ✕ | ✕ | ✓ | ✕ |
| Current ratio rose | — | ✓ | ✕ | ✓ | ✕ | ✓ | ✓ | ✕ | ✓ | ✕ |
| Share count didn't rise | — | ✕ | ✕ | ✕ | ✕ | — | — | — | ✕ | — |
| Gross margin rose | — | — | — | — | — | — | — | — | — | ✕ |
| Revenue rose relative to assets | — | ✕ | ✕ | ✕ | ✕ | ✕ | ✓ | ✓ | ✓ | ✕ |
| F-score | — / 3 | 3 / 7 | 1 / 8 | 4 / 8 | 1 / 8 | 4 / 7 | 3 / 7 | 2 / 7 | 5 / 8 | 1 / 8 |
| Accruals ratio | −43.6% | −93.6% | −78.1% | −19.7% | −32.1% | −8.5% | 27.2% | −10.0% | −66.1% | −16.1% |
| Altman Z'' | −14.05 | — | — | — | — | — | — | — | — | — |
10 years of figures
US$ millions unless stated. Hover a ratio's name for its definition.
| Fiscal year | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.2M | $0.2M | $10.9M | $0.5M |
| Gross profit | — | — | — | — | — | — | — | — | $10.7M | $0.1M |
| Research and development | $1.5M | $6.7M | $3.4M | $4.7M | $18.7M | $27.7M | $17.3M | $11.4M | $6.6M | $3.5M |
| Operating income | −$4.1M | — | — | — | — | — | — | — | — | — |
| Interest expense | $0.0M | $0.0M | $0.5M | $2.2M | $0.1M | $0.2M | — | — | — | — |
| Pretax income | −$2.2M | −$8.5M | −$8.9M | −$4.2M | −$7.1M | −$12.7M | −$8.4M | −$6.0M | −$15.1M | −$12.3M |
| Income tax | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Net income | −$4.1M | −$14.0M | −$17.5M | −$14.5M | −$36.3M | −$44.9M | −$21.3M | −$21.1M | −$15.1M | −$12.3M |
| Diluted EPS | −$0.13 | −$0.43 | −$0.52 | −$0.38 | −$0.89 | — | — | −$0.44 | −$0.32 | — |
| Diluted shares | 0.03B | 0.03B | 0.03B | 0.04B | 0.04B | — | — | 0.05B | 0.05B | — |
| Cash flow | ||||||||||
| Cash from operations | −$2.8M | −$6.4M | −$7.6M | −$9.1M | −$22.5M | −$40.6M | −$34.9M | −$18.0M | −$2.1M | −$10.1M |
| Capital expenditure | $0.5M | $2.7M | $1.9M | $2.4M | $1.7M | $4.8M | $0.1M | $5.2M | $0.0M | — |
| Free cash flow | −$3.3M | −$9.1M | −$9.5M | −$11.5M | −$24.2M | −$45.4M | −$35.0M | −$23.2M | −$2.1M | — |
| Depreciation and amortization | $0.4M | $0.4M | $0.5M | $0.8M | $0.8M | $0.5M | $0.6M | $0.5M | $0.5M | $0.4M |
| Stock-based compensation | $5.5M | $6.5M | $4.0M | $3.5M | $3.7M | $2.1M | $10.1M | $1.4M | $1.4M | $1.5M |
| Balance sheet | ||||||||||
| Cash and short-term investments | $0.9M | $8.1M | $5.8M | $33.7M | $35.2M | $44.1M | $29.6M | $7.0M | $13.0M | $2.4M |
| Total debt | — | $1.1M | $1.0M | $2.3M | $2.7M | $3.6M | $3.6M | $3.5M | $3.1M | $3.1M |
| Current assets | $1.1M | $9.0M | $6.7M | $34.5M | $37.6M | $52.1M | $36.4M | $8.0M | $13.9M | $3.6M |
| Current liabilities | $0.8M | $2.0M | $8.6M | $2.1M | $9.1M | $9.8M | $3.6M | $2.4M | $4.0M | $2.8M |
| Inventory | — | — | — | — | — | $0.0M | $0.7M | $0.1M | $0.1M | $0.0M |
| Property and equipment, net | $1.6M | $4.0M | $5.4M | $7.3M | $3.5M | $5.7M | $2.5M | $10.6M | $1.7M | $1.7M |
| Intangible assets | $0.3M | $0.5M | $0.1M | $0.2M | $1.0M | $1.0M | $1.2M | $1.5M | $1.7M | $1.8M |
| Total assets | $2.9M | $13.4M | $12.2M | $42.8M | $43.4M | $59.2M | $40.6M | $20.6M | $18.6M | $8.6M |
| Total liabilities | $0.8M | $3.1M | $9.5M | $4.4M | $10.6M | $13.2M | $6.8M | $6.4M | $18.2M | $18.1M |
| Preferred stock | — | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M | — |
| Shareholders' equity | $2.1M | $10.3M | $2.6M | $38.5M | $32.8M | $46.0M | $33.7M | $14.1M | $0.4M | −$9.6M |
| Margins | ||||||||||
| Gross margin | — | — | — | — | — | — | — | — | 98.0% | 25.9% |
| Net margin | — | — | — | — | — | — | −12,312.7% | −13,782.4% | −138.3% | −2,392.8% |
| FCF margin | — | — | — | — | — | — | −20,215.6% | −15,168.6% | −19.5% | — |
| Returns | ||||||||||
| Return on capital employed | −192.5% | — | — | — | — | — | — | — | — | — |
| Return on equity | −192.5% | −225.3% | −270.8% | −70.6% | −102.0% | −114.0% | −53.4% | −88.1% | −207.6% | — |
| Return on assets | −140.1% | −171.9% | −137.3% | −52.8% | −84.3% | −87.5% | −42.7% | −69.0% | −77.0% | −90.6% |
| Return on tangible equity | −224.9% | −143.4% | −701.8% | −37.9% | −114.3% | −99.9% | −65.5% | −167.4% | — | — |
| Growth | ||||||||||
| Revenue growth | — | — | — | — | — | — | — | −11.6% | 7,017.0% | −95.3% |
| Share count change | — | 5.0% | 3.5% | 12.3% | 8.0% | — | — | — | 0.1% | — |
| Financial health | ||||||||||
| Debt / equity | — | 0.1x | 0.4x | 0.1x | 0.1x | 0.1x | 0.1x | 0.2x | 8.4x | — |
| Current ratio | 1.3x | 4.4x | 0.8x | 16.2x | 4.1x | 5.3x | 10.2x | 3.3x | 3.5x | 1.3x |
| Quick ratio | 1.3x | 4.4x | 0.8x | 16.2x | 4.1x | 5.3x | 10.0x | 3.3x | 3.5x | 1.3x |
| Capital allocation | ||||||||||
| Capex / revenue | — | — | — | — | — | — | 46.8% | 3,373.9% | 0.0% | — |
| Stock comp / revenue | — | — | — | — | — | — | 5,830.1% | 929.4% | 12.4% | 282.7% |
| Quality scores | ||||||||||
| Piotroski F-score | — | 3.0 | 1.0 | 4.0 | 1.0 | 4.0 | 3.0 | 2.0 | 5.0 | 1.0 |
| Altman Z'' | −14.1 | — | — | — | — | — | — | — | — | — |
| Accruals ratio | −43.6% | −93.6% | −78.1% | −19.7% | −32.1% | −8.5% | 27.2% | −10.0% | −66.1% | −16.1% |
Source: SEC EDGAR XBRL filings (CIK 0001504678). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.