Loop Industries, Inc.
Business
Loop Industries owns patented depolymerization technology that breaks down waste PET plastic and polyester into virgin-quality monomers, which it purifies and polymerizes into Loop™ branded PET resin and polyester fiber. The company operates its Terrebonne, Québec facility and commercializes its Infinite Loop™ technology through joint ventures in India and Europe, technology licensing, engineering services, and direct sales of recycled resin and fiber to consumer brands and textile companies.
Summary from 10-K filed 2026-05-27
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Revenues | 514,000 | 11 | — | — | — | |
| Cost of Services | 381,000 | 218,000 | — | — | — | |
| Research and development (Note 17) | 3 | 7 | 11 | 17 | 28 | |
| General and administrative (Note 18) | 6 | 9 | 10 | 20 | 13 | |
| Impairment of machinery & equipment (Note 6) | 0 | 8 | — | — | — | |
| Depreciation and amortization (Notes 6 and 7) | 384,000 | 524,000 | 535,000 | 550,000 | 548,232 | |
| Total expenses | −10 | −25 | 22 | 38 | 41 | |
| Loss on equity method investments (Note 11) | 763,000 | 687,000 | — | — | — | |
| Interest and Debt Expense | 2 | 618,000 | — | — | — | |
| Interest income | −236,000 | −238,000 | — | — | — | |
| Foreign exchange gain | −59,000 | −197,000 | — | — | −89,443 | |
| Total other loss | 2 | 870,000 | — | — | — | |
| Net loss | −12 | −15 | −21 | −21 | −45 | |
| Foreign currency translation adjustment | −53,000 | −70,000 | — | — | — | |
| Comprehensive loss | −12 | −15 | −21 | −22 | −45 | |
| Basic and diluted (in dollars per share) | −0.26 | −0.32 | — | — | — | |
| Basic and diluted (in shares) | 48 | 48 | — | — | — |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-09-30 | FY 2024 2024-02-29 | FY 2023 2023-02-28 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 2 | 13 | 7 | 7 | 30 | |
| Accounts receivable (Note 3) | 755,000 | 639,000 | — | 351,000 | — | |
| Inventories (Note 4) | 0 | 82,000 | — | 102,000 | 727,000 | |
| Prepaid expenses (Note 5) | 495,000 | 158,000 | — | 577,000 | 636,000 | |
| Total current assets | 4 | 14 | — | 8 | 36 | |
| Equity method investments (Note 11) | 1 | 1 | — | — | — | |
| Property, plant and equipment, net (Note 6) | 2 | 2 | — | 11 | 3 | |
| Intangible assets, net (Note 7) | 2 | 2 | — | — | — | |
| Total assets | 9 | 19 | — | 21 | 41 | |
| Accounts payable and accrued liabilities (Note 9) | 2 | 4 | — | 2 | 3 | |
| Unearned revenue (Note 16) | 234,000 | 102,000 | — | 0 | — | |
| Current portion of long-term debt (Note 13) | 605,000 | 312,000 | — | 100,000 | 62,000 | |
| Total current liabilities | 3 | 4 | — | 2 | 4 | |
| Due to customer (Note 10) | 900,000 | 832,000 | — | — | — | |
| Series B Convertible Preferred stock (Note 12) | 12 | 11 | — | — | — | |
| Long-term debt (Note 13) | 2 | 3 | — | 3 | 3 | |
| Total liabilities | 18 | 18 | — | 6 | 7 | |
| Common stock par value $0.0001; 250,000,000 shares authorized; 48,337,555 shares issued and outstanding (2025 47,620,263) (Note 15) | 5,000 | 5,000 | — | 5,000 | 5,000 | |
| Additional paid-in capital | 196 | 194 | — | 172 | 170 | |
| Accumulated deficit | −204 | −192 | — | −177 | −156 | |
| Accumulated other comprehensive loss | −1 | −1 | — | −1 | −1 | |
| Total stockholders' (deficit) equity | −10 | 367,000 | — | 14 | 34 | |
| Total liabilities and stockholders' (deficit) equity | 9 | 19 | — | 21 | 41 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-02-28 | FY 2025 2025-02-28 | FY 2024 2024-02-29 | FY 2023 2023-02-28 | FY 2022 2022-02-28 |
|---|---|---|---|---|---|---|
| Depreciation and amortization (Notes 6 and 7) | 384,000 | 524,000 | — | — | — | |
| Stock-based compensation (Note 19) | 1 | 1 | 1 | 10 | 2 | |
| Write-down of inventory (Note 4) | 130,000 | 0 | 817,000 | 0 | — | |
| Accrued interest and other financing costs (Note 21) | 2 | 359,000 | −159,000 | — | — | |
| Accounts receivable and other (Note 3) | −78,000 | −322,000 | — | — | — | |
| Inventories (Note 4) | −44,000 | 14,000 | −187,000 | −727,000 | 0 | |
| Prepaid expenses (Note 5) | −328,000 | 410,000 | 87,000 | −696,101 | −32,711 | |
| Accounts payable and accrued liabilities (Note 9) | −2 | 1 | −193,000 | — | −2 | |
| Unearned revenue (Note 16) | 132,000 | 102,000 | 0 | — | — | |
| Net cash used in operating activities | −10 | −2 | −18 | −35 | −41 | |
| Distribution from equity investment (Note 11) | 0 | 368,000 | — | — | — | |
| Contributions to equity method investments (Note 11) | −960,000 | −2 | 0 | — | 0 | |
| Additions to intangible assets (Note 7) | −211,000 | −450,000 | −482,000 | −360,000 | −294,955 | |
| Net cash used in investing activities | −1 | −2 | −6 | 21 | −8 | |
| Proceeds from issuance of series B Convertible Preferred stock (Note 12) | 0 | 10 | 0 | — | — | |
| Proceeds from exercise of stock options (Note 15) | 64,000 | 0 | — | — | 56 | |
| Proceeds from ATM equity offering, net of issuance costs (Note 15) | 889,000 | 0 | — | — | — | |
| Repayment of long-term debt (Note 13) | −275,000 | −77,000 | −63,000 | 0 | −937,156 | |
| Net cash provided by financing activities | 678,000 | 10 | −63,000 | 1 | 57 | |
| Net change in cash and cash equivalents | −11 | 6 | −24 | −13 | 9 | |
| Effect of exchange rate changes | −14,000 | −146,000 | 120,000 | −870,000 | −59,577 | |
| Income tax paid | 0 | 0 | 0 | 0 | 0 | |
| Interest paid | 183,000 | 257,000 | 118,000 | — | — | |
| Interest received | 236,000 | 307,000 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Loop Industries, Inc.'s CIK number?
Loop Industries, Inc.'s SEC CIK number is 0001504678 (1504678). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Loop Industries, Inc.'s SEC filings?
All of Loop Industries, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Loop Industries, Inc. last report earnings?
Loop Industries, Inc. (LOOP) most recently filed an earnings 8-K with the SEC on May 28, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-018618). This is Loop Industries, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Loop Industries, Inc.'s most recent earnings 8-K?
Loop Industries, Inc.'s latest earnings 8-K (Item 2.02) was filed May 28, 2026 under accession 0001437749-26-018618. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Loop Industries, Inc.'s latest earnings 8-K →
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