Loop Industries, Inc. (LOOP) Cash Flow Statement
Where LOOP’s cash came from and went, FY2026
February 28, 2026 · U.S. dollars- Cash from operations
- −$10.1M
- Capital expenditures
- $211,000 41.1% of revenue
- Free cash flow
- −$10.3M −2,008.0% margin
- Returned to shareholders
- —
- Change in cash
- −$10.6M cash at year-end $2.4M
Cash from operations
−$10.1M
Capital expenditures
−$211,000
Acquisitions & other
−$960,000
Net borrowing (repayment)
−$275,000
Shares issued
+$889,000
Other financing
+$64,000
Change in cash
−$10.6M
Drawn to scale: where the cash came from and how it was used. Hover for values.
LOOP operating cash flow, capex and free cash flow
Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)
LOOP cash flow trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$2.8MFY2017 | −$10.1MFY2026 | — | |
| Capital expenditures | $513,022FY2017 | $211,000FY2026 | −9.4%/yr | |
| Free cash flow | −$3.3MFY2017 | −$10.3MFY2026 | — | |
| Free cash flow margin | −523.2%FY2020 | −2,008.0%FY2026 | −1,484.8 pts | |
| Stock-based compensation | $5.6MFY2017 | $1.5MFY2026 | −13.9%/yr | |
| Dividends paid | $0FY2017 | $0FY2021 | — | |
| Share buybacks (net) | $0FY2017 | $0FY2022 | — | |
| Capex / revenue | 114.2%FY2020 | 41.1%FY2026 | −73.1 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LOOP cash flow by activity
OperatingInvestingFinancingChange in cash
LOOP net income vs operating cash flow
Net incomeOperating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
LOOP cash flow statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||
| Net income | −$12.3M | −$15.1M | −$21.1M | −$21.3M | −$44.9M | −$36.3M | −$14.5M | −$17.5M | −$14.0M | −$8.8M |
| Depreciation & amortization | $384,000 | $524,000 | $535,000 | $550,114 | $548,232 | $775,675 | $830,432 | $502,997 | $367,176 | $397,445 |
| Stock-based compensation | $1.5M | $1.4M | $1.4M | $10.1M | $2.1M | $3.7M | $3.5M | $5.8M | $265,994 | $5.6M |
| Change in working capital | −$2.1M | $1.6M | $438,000 | −$5.4M | −$4.4M | $4.3M | −$1.0M | $737,847 | $731,403 | −$122,105 |
| Other non-cash items | $2.4M | $9.5M | $658,000 | −$18.8M | $3.8M | $5.1M | $2.2M | $3.0M | $6.3M | $135,672 |
| Cash from operating activities | −$10.1M | −$2.1M | −$18.0M | −$34.9M | −$43.0M | −$22.5M | −$9.1M | −$7.6M | −$6.4M | −$2.8M |
| Investing activities | ||||||||||
| Capital expenditures | −$211,000 | −$450,000 | −$5.6M | −$1.0M | −$5.1M | −$2.3M | −$2.5M | −$2.0M | −$2.8M | −$513,022 |
| Investments (net) | — | −$2.0M | −$5.6M | $21.3M | $32,791 | −$650,000 | −$850,000 | −$2.0M | −$2.8M | −$513,022 |
| Acquisitions & other investing | −$960,000 | $450,000 | $5.6M | $1.0M | −$32,791 | $0 | $0 | $2.0M | $2.8M | $513,022 |
| Cash from investing activities | −$1.2M | −$2.0M | −$5.6M | $21.3M | −$5.1M | −$3.0M | −$3.4M | −$2.0M | −$2.8M | −$513,022 |
| Financing activities | ||||||||||
| Dividends paid | — | — | — | — | — | $0 | $0 | — | $0 | $0 |
| Share repurchases & issuance (net) | — | — | — | — | $56.0M | — | $39.2M | −$25,540 | $15.7M | $4.0M |
| Net borrowing (repayment) | −$275,000 | −$77,000 | −$63,000 | $0 | $945,634 | $26.6M | $40.5M | $7.5M | $809,954 | $809,954 |
| Shares issued | $889,000 | $10.4M | $0 | $0 | $56.0M | $26.6M | $39.2M | $0 | $0 | $0 |
| Other financing | $64,000 | $0 | −$12,000 | $1.0M | −$56.0M | −$26.6M | −$78.5M | −$143,281 | −$3 | −$809,958 |
| Cash from financing activities | $678,000 | $10.3M | −$75,000 | $1.0M | $57.0M | $26.6M | $40.5M | $7.3M | $16.5M | $4.0M |
| Summary | ||||||||||
| Net change in cash | −$10.6M | $6.0M | −$23.6M | −$13.5M | $8.8M | $1.5M | $27.9M | −$2.3M | $7.2M | $493,901 |
| Cash at end of period | $2.4M | $13.0M | $7.0M | $30.6M | $44.1M | $35.2M | $33.7M | $5.8M | $8.1M | $916,487 |
| Free cash flow | −$10.3M | −$2.6M | −$23.7M | −$35.9M | −$48.1M | −$24.8M | −$11.6M | −$9.6M | −$9.2M | −$3.3M |
| Free cash flow margin | −2,008.0% | −23.6% | −15,475.8% | −20,786.4% | — | — | −523.2% | — | — | — |
| Capex / revenue | 41.1% | 4.1% | 3,688.9% | 598.9% | — | — | 114.2% | — | — | — |
| Aug '26 | May '26 | Feb '26 | Nov '25 | Aug '25 | May '25 | Feb '25 | Nov '24 | Aug '24 | May '24 | Feb '24 | Nov '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$3.0M | −$3.4M | −$2.7M | −$2.9M | −$3.2M | −$3.4M | $6.9M | −$11.9M | −$4.8M | −$5.2M | −$5.1M | −$4.2M |
| Depreciation & amortization | $83,000 | $84,000 | $94,000 | $93,000 | $97,000 | $100,000 | $126,000 | $132,000 | $129,000 | $137,000 | $135,000 | $132,000 |
| Stock-based compensation | $429,000 | $979,000 | $481,000 | $317,000 | $280,000 | $375,000 | $290,000 | $330,000 | $362,000 | $370,000 | $282,000 | $397,000 |
| Change in working capital | $476,000 | $369,000 | −$1.5M | $313,000 | −$106,000 | −$781,000 | −$1.7M | $1.1M | $1.5M | $739,000 | $798,000 | −$47,000 |
| Other non-cash items | $835,000 | $724,000 | $878,000 | $453,000 | $411,000 | $671,000 | $959,000 | $8.5M | $29,000 | $28,000 | $604,000 | $17,000 |
| Cash from operating activities | −$1.2M | −$1.2M | −$2.7M | −$1.8M | −$2.5M | −$3.1M | $6.5M | −$1.9M | −$2.9M | −$3.9M | −$3.3M | −$3.7M |
| Investing activities | ||||||||||||
| Capital expenditures | −$47,000 | −$35,000 | −$12,000 | −$66,000 | −$115,000 | −$115,000 | −$454,000 | −$129,000 | −$149,000 | −$176,000 | −$191,000 | −$163,000 |
| Investments (net) | — | — | — | — | −$18,000 | −$115,000 | −$1.9M | $239,000 | −$149,000 | −$176,000 | −$191,000 | −$163,000 |
| Acquisitions & other investing | −$737,000 | $0 | $0 | −$960,000 | $115,000 | $115,000 | $454,000 | $129,000 | $149,000 | $176,000 | $191,000 | $163,000 |
| Cash from investing activities | −$784,000 | −$35,000 | −$12,000 | −$1.0M | −$18,000 | −$115,000 | −$1.9M | $239,000 | −$149,000 | −$176,000 | −$191,000 | −$163,000 |
| Financing activities | ||||||||||||
| Net borrowing (repayment) | — | $0 | −$60,000 | −$79,000 | −$81,000 | −$55,000 | −$2.4M | $775,000 | −$955,000 | — | — | — |
| Shares issued | $0 | $0 | $0 | $702,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $1.7M | $0 | $0 | $64,000 | $187,000 | $0 | $10.4M | $0 | $0 | $2.5M | −$28,000 | −$15,000 |
| Cash from financing activities | $1.7M | $0 | −$60,000 | $687,000 | $106,000 | −$55,000 | $8.0M | $775,000 | −$955,000 | $2.5M | −$28,000 | −$15,000 |
| Summary | ||||||||||||
| Net change in cash | −$227,000 | −$1.3M | −$2.8M | −$2.1M | −$2.4M | −$3.2M | $12.7M | −$1.1M | −$3.9M | −$1.7M | −$3.4M | −$4.0M |
| Cash at end of period | $836,000 | $1.1M | $2.4M | $5.2M | $7.3M | $9.7M | $13.0M | $323,000 | $1.4M | $5.3M | $7.0M | $10.4M |
| Free cash flow | −$1.2M | −$1.3M | −$2.8M | −$1.8M | −$2.4M | −$3.2M | $7.0M | −$2.0M | −$3.0M | −$4.1M | −$3.5M | −$3.9M |
| Free cash flow margin | −1,035.9% | −706.1% | −1,562.5% | −2,132.6% | — | −1,268.7% | 64.5% | −3,825.0% | −13,082.6% | −68,183.3% | −7,695.6% | −15,030.8% |
| Capex / revenue | 40.2% | 19.6% | 6.8% | 76.7% | — | 45.6% | 4.2% | 248.1% | 647.8% | 2,933.3% | 424.4% | 626.9% |
| Operating cash flow / net income | — | — | — | — | — | — | 0.95 | — | — | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
LOOP cash generation
In fiscal 2026 (ended February 28, 2026), Loop Industries generated -$10.1 million of cash from operations and spent $0.2 million on capital expenditures, leaving free cash flow of -$10.3 million, −2,008.0% of revenue. Cash and equivalents fell by $10.6 million over the year.
Related: LOOP income statement, LOOP balance sheet. See the LOOP stock overview for the latest quote and news.
LOOP cash flow FAQ
What is Loop Industries's free cash flow?
Loop Industries's free cash flow was -$10.3 million in fiscal 2026: -$10.1 million of operating cash flow minus $0.2 million of capital expenditures It was -$2.6 million a year earlier..
How much cash does Loop Industries generate from operations?
Loop Industries generated -$10.1 million of cash from operating activities in fiscal 2026.
How much does Loop Industries spend on capital expenditures?
Loop Industries spent $0.2 million on capital expenditures in fiscal 2026, 41.1% of revenue, compared with $0.5 million the year before.