FSI
Flexible Solutions International, Inc.
FSI lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
FSI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Strong |
FSI's balance sheet is currently strong, but its revenue, profitability and cash flow are under pressure.
FSI PE Valuation
FSI has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 16x next year's earnings.
FSI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect FSI to return to profit, with revenue growing. However, they disagree widely on these estimates.
FSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.40 | — |
| Q2 2026 | -$0.24 | -204% |
| Q1 2026 | $0.06 | -67% |
| Q4 2025 | $0.06 | -75% |
| Q3 2025 | $0.14 | -59% |
| Q2 2025 | $0.23 | 0% |
| Q1 2025 | $0.18 | -5.3% |
| Q4 2024 | $0.24 | +9.1% |
| Q3 2024 | $0.34 | +17% |
FSI has swung to a loss: it lost $0.24 per share over the past year, after a profit the year before.
FSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $7.6M | -33% |
| Q1 2026 | $8.3M | +11% |
| Q4 2025 | $9.1M | -0.5% |
| Q3 2025 | $10.6M | +13% |
| Q2 2025 | $11.4M | +8% |
| Q1 2025 | $7.5M | -19% |
| Q4 2024 | $9.2M | -2.7% |
| Q3 2024 | $9.3M | +6.8% |
FSI's revenue has slid since its 2022 peak: $8M last quarter, down 33% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -29% | -58 points |
| Q1 2026 | -1% | -0.1 points |
| Q4 2025 | 12% | -2.9 points |
| Q3 2025 | 3% | -16 points |
| Q2 2025 | 29% | +12 points |
| Q1 2025 | -0.9% | -7.3 points |
| Q4 2024 | 15% | +2.3 points |
| Q3 2024 | 19% | +24 points |
FSI's operating margin was −29% last quarter, down 58 points from the same quarter a year ago, near the bottom of its range since 2019.
FSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $4.6M | +6.1% |
| Q1 2026 | -$4.1M | -$3.2M |
| Q4 2025 | -$4M | +$1.8M |
| Q3 2025 | $39.4K | -96% |
| Q2 2025 | $4.3M | -33% |
| Q1 2025 | -$898.4K | +$112K |
| Q4 2024 | -$5.8M | -$2M |
| Q3 2024 | $997.9K | -40% |
FSI's free cash flow was −$3M over the past year, against −$1M the year before.
FSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +8.7K shares |
| 1 year | -3.9% | -523K shares |
| 3 years | +1.8% | +224K shares |
| 5 years | +1.9% | +234K shares |
| Available history | +3.8% | +467K shares |
FSI has 13M diluted shares, down 3.9% from a year ago.
FSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.6x | Net Cash |
| Q1 2026 | -0.2x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.2x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
| Q3 2024 | -0.2x | Net Cash |
FSI has more cash than debt.
FSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.9 | Neutral |
| Stochastic | 77.8 | Neutral |
FSI's weekly RSI is 58 (neutral) and its Stochastic is 78 (neutral).
FSI PE vs Basic Materials Sector
| Metric | FSI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 19x | — |
FSI has no meaningful PE right now: it lost money over the past year.
FSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $6.13 | 4.6% above |
| 20 week MA | $5.79 | 11% above |
| 50 week MA | $6.01 | 6.7% above |
| 100 week MA | $6.07 | 5.6% above |
| 200 week MA | $4.33 | 48% above |
FSI is in an uptrend: it's above all five of its weekly moving averages, and 48% above its 200-week average.
FSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.50 | $2.49 | -0.4% |
| 2021 | $2.49 | $3.62 | +45% |
| 2022 | $3.62 | $3.05 | -16% |
| 2023 | $3.05 | $1.91 | -37% |
| 2024 | $1.91 | $3.59 | +88% |
| 2025 | $3.59 | $7.01 | +95% |
| 2026 YTD | $7.01 | $6.41 | -8.6% |
FSI has finished lower in three of the last six years. It's down 8.6% so far in 2026.