{"id":956214,"date":"2026-04-29T16:39:02","date_gmt":"2026-04-29T20:39:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/omega-flex-inc-announces-first-quarter-2026-earnings\/"},"modified":"2026-04-29T16:39:02","modified_gmt":"2026-04-29T20:39:02","slug":"omega-flex-inc-announces-first-quarter-2026-earnings","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/omega-flex-inc-announces-first-quarter-2026-earnings\/","title":{"rendered":"Omega Flex, Inc. Announces First Quarter 2026 Earnings"},"content":{"rendered":"
\n

EXTON, Pa., April 29, 2026 (GLOBE NEWSWIRE) — <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\n OMEGA FLEX, INC. (OFLX)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Three Months Ended March 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n 2026<\/strong>
\n \n <\/td>\n		\u00a0<\/td>\n\n 2025<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Sales<\/td>\n\u00a0<\/td>\n$<\/td>\n23,093,000<\/td>\n\u00a0<\/td>\n$<\/td>\n23,330,000<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net Income attributable to Omega Flex, Inc.<\/td>\n\u00a0<\/td>\n$<\/td>\n2,077,000<\/td>\n\u00a0<\/td>\n$<\/td>\n3,568,000<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Earnings Per Share – Basic and Diluted<\/td>\n\u00a0<\/td>\n$<\/td>\n0.21<\/td>\n\u00a0<\/td>\n$<\/td>\n0.35<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Weighted Average Shares – Basic and Diluted<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,094,322<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,094,322<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n Dean W. Rivest, CEO<\/strong>, announced that net sales of Omega Flex, Inc. (the \u201cCompany\u201d) for the first quarters of 2026 and 2025 were $23,093,000 and $23,330,000, respectively, decreasing $237,000 or 1.0%.\u00a0 Net income for the first quarters of 2026 and 2025 were $2,007,000 and $3,568,000, respectively, decreasing $1,491,000 or 41.8%. The decrease in net income was mainly due to rising raw material costs, including tariffs, marketing efforts, and product enhancement and certification related expenses.<\/p>\n

During the quarter, the Company continued to make targeted investments in equipment and facilities to expand capacity, enhance operational efficiency, and support geographic growth, while pursuing product enhancements intended to strengthen its market position beyond traditional markets.<\/p>\n

\n INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS \u2013 This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company\u2019s financial condition, results of operations, future performance, growth strategies, business initiatives and anticipated trends. Forward-looking statements can generally be identified by words such as \u201cmay,\u201d \u201cshould,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cestimates,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201canticipates,\u201d \u201cbelieves,\u201d \u201cplans,\u201d \u201cexpects,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cprojects,\u201d the negative of these terms, or other comparable terminology.<\/em>
\n Forward-looking statements are neither historical facts nor assurances of future performance. Rather, they are based on current beliefs, expectations and assumptions regarding the Company\u2019s business, strategies and anticipated events and trends. These statements are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict, many of which are outside of our control, and actual results could differ materially from those expressed or implied in the forward-looking statements.<\/em>
\n Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation, other than as required by law, to update or revise any forward-looking statements to reflect events or circumstances after the date hereof.<\/em>
\n Further information regarding risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements is included in the sections entitled \u201cRisk Factors\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission.<\/em>\n <\/p>\n

\n Contact: Dean W. Rivest
<\/strong>
\n (610) 524-7272
<\/strong>\n <\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

EXTON, Pa., April 29, 2026 (GLOBE NEWSWIRE) — \u00a0 \u00a0 OMEGA FLEX, INC. (OFLX) \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Three Months Ended March 31, \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 2026 \u00a0 2025 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Net Sales \u00a0 $ 23,093,000 \u00a0 $ 23,330,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Net Income attributable to Omega Flex, Inc. \u00a0 $ 2,077,000 \u00a0 $ 3,568,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Earnings Per Share – Basic and Diluted \u00a0 $ 0.21 \u00a0 $ 0.35 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Weighted Average Shares – Basic and Diluted \u00a0 \u00a0 10,094,322 \u00a0 \u00a0 10,094,322 \u00a0 \u00a0 \u00a0 \u00a0 … <\/p>\n

Continue reading “Omega Flex, Inc. Announces First Quarter 2026 Earnings”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-956214","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOmega Flex, Inc. Announces First Quarter 2026 Earnings - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/omega-flex-inc-announces-first-quarter-2026-earnings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Omega Flex, Inc. 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