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Loop Industries FY26 net loss narrows to $12.3 million; revenue drops to $514,000

PUBT·05/27/2026 20:35:16
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Loop Industries FY26 net loss narrows to $12.3 million; revenue drops to $514,000
  • Loop Industries posted a net loss of USD 12.3 million for fiscal 2026, narrowing from a net loss of USD 15.06 million in fiscal 2025.
  • Revenue fell 95.28% to USD 514,000, reflecting USD 506,000 in engineering fees and USD 8,000 in product sales.
  • Operating expenses dropped 58.71% to USD 10.26 million, led by lower R&D and G&A spending.
  • Net cash used in operating activities widened to USD 10.11 million from USD 2.12 million.
  • Commercialization efforts centered on a 70,000-tons-per-year India JV plant with Ester; cash and equivalents were USD 2.36 million, with USD 2.57 million undrawn on a credit facility.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loop Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-018576), on May 27, 2026, and is solely responsible for the information contained therein.