Loop Industries, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $514.0K | $10.9M | $153.0K | $173.0K | $0 | $0 | $0 | $0 |
| Cost of Revenue | $381.0K | $218.0K | — | — | — | — | — | — |
| Gross Profit | $133.0K | $10.7M | — | — | — | — | — | — |
| Gross Margin | 25.9% | 98.0% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $3.5M | $6.6M | $11.4M | $17.3M | $27.7M | $18.7M | $4.7M | $3.4M |
| SG&A Expense | $6.4M | $9.2M | $10.0M | $20.4M | $12.8M | $11.5M | $7.2M | $8.8M |
| Operating Income | $-12.3M | $-15.1M | — | — | — | — | — | — |
| Operating Margin | -2,392.8% | -138.3% | — | — | — | — | — | — |
| Interest Expense | — | — | — | — | $154.3K | $82.0K | $2.2M | $467.1K |
| Pretax Income | $-12.3M | $-15.1M | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-12.3M | $-15.1M | $-21.1M | $-21.3M | $-44.9M | $-36.3M | $-14.5M | $-17.5M |
| Net Margin | -2,392.8% | -138.3% | -13,782.4% | -12,312.7% | — | — | — | — |
| EPS (Basic) | $-0.26 | $-0.32 | — | — | — | $-0.89 | $-0.38 | $-0.52 |
| EPS (Diluted) | — | $-0.32 | $-0.44 | — | — | $-0.89 | $-0.38 | $-0.52 |
| Shares Outstanding (Basic) | 48.0M | 47.6M | — | 47.5M | 47.4M | 42.4M | 39.9M | 34.9M |
| Shares Outstanding (Diluted) | 48.0M | 47.6M | 47.5M | 47.5M | 47.4M | 42.4M | 39.9M | 34.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |