Flexible Solutions International, Inc. (FSI) AI Stock Analysis

Flexible Solutions International, Inc. develops, manufactures, and markets specialty chemicals across two core segments: Energy and Water Conservation Products, and Biodegradable Polymers. Under Energy and Water Conservation Products, it offers thermal polyaspartates (TPAs) used in oilfields to reduce scale and corrosion, in agriculture to prevent fertilizer crystallization and drip irrigation clogging, and as additives in detergents and pesticides. Its product lineup includes HEATSAVR, which reduces heat loss in pools and spas, and WATERSAVR, which minimizes water evaporation in reservoirs, storage tanks, and irrigation channels. The Biodegradable Polymers segment produces nitrogen conservation products for agricultural fields.

FSI achieved a 5-year revenue CAGR of 4.2% from FY2020 to FY2025. Annual revenue expanded from $34.4M in FY2021 to $45.8M in FY2022, before decreasing to $38.3M in FY2023, $38.2M in FY2024, and rising slightly to $38.5M in FY2025. Net income dropped from $7.0M in FY2022 to $786,894 in FY2025, alongside gross margin contraction from 34.6% in FY2024 to 22.6% in FY2025. Research and development expense grew to $2.5M in FY2025 from $329,952 in FY2024. In the latest quarter ended June 30, 2026, quarterly revenue declined 33.1% year-over-year, while quarterly earnings growth increased 50.0%. Trailing twelve-month revenue reached $35.6M with diluted EPS of -$0.25.

As of June 30, 2026, Flexible Solutions held $7.2M in cash and short-term investments against $10.2M in total debt, resulting in net debt of $3.0M. Total assets were $59.0M, and shareholders' equity stood at $37.0M, supporting a debt-to-equity ratio of 0.27 and a current ratio of 2.82. In FY2025, operating cash flow was $3.8M, while free cash flow was -$591,710. The company deployed cash toward $4.4M in capital expenditures and paid $1.3M in dividends in FY2025, with share count increasing 1.6% over 5 years.

Flexible Solutions trades at a forward P/E of 8.9x, below the 13.4x median of its US-listed Basic Materials peers. Its price-to-sales ratio of 2.2x and EV/EBITDA of 300.4x compare to peer medians of 1.8x and 10.5x, respectively. The company carries a market capitalization of $77.3M and an enterprise value of $76.1M. Over the past year, FSI shares declined 31.6%, trailing the S&P 500 (SPY) return of 16.8%. Over a 5-year period, FSI gained 78.1%, while the S&P 500 returned 83.0%. The stock's beta is 1.75.

One analyst covers Flexible Solutions, rating the stock a Strong Buy with a mean price target of $8.50, representing a 40.5% premium over its last close of $6.05. For the fiscal year ending December 31, 2026, consensus estimates project EPS of -$0.11 on revenue of $47.8M. For the next fiscal year, projected EPS is $0.66 on revenue of $76.7M. Over the last four quarters, FSI beat EPS estimates once. The company's next earnings date is November 13, 2026.

This page is an AI-written research summary of Flexible Solutions International, Inc. (FSI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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