v3.26.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net Sales $ 24,057 $ 25,525 $ 47,150 $ 48,855
Cost of Goods Sold 10,836 10,103 20,844 19,361
Gross Profit 13,221 15,422 26,306 29,494
Selling Expense 5,411 5,217 10,905 10,218
General and Administrative Expense 3,464 4,133 7,232 8,024
Engineering Expense 1,293 1,350 2,805 2,480
Operating Profit 3,053 4,722 5,364 8,772
Interest Income 428 493 884 1,004
Other Income (Expense) 7 229 (86) 312
Income Before Income Taxes 3,488 5,444 6,162 10,088
Income Tax Expense 876 1,341 1,546 2,465
Net Income 2,612 4,103 4,616 7,623
Net Loss - Noncontrolling Interest 63 53 136 101
Net Income attributable to Omega Flex, Inc. $ 2,675 $ 4,156 $ 4,752 $ 7,724
Basic Earnings per Common Share $ 0.27 $ 0.41 $ 0.47 $ 0.77
Diluted Earnings per Common Share 0.27 0.41 0.47 0.77
Cash Dividends Declared per Common Share $ 0.34 $ 0.34 $ 0.68 $ 0.68
Basic Weighted Average Shares Outstanding 10,094 10,094 10,094 10,094
Diluted Weighted Average Shares Outstanding 10,094 10,094 10,094 10,094