Omega Flex, Inc. filings document the company's public reporting as a Pennsylvania manufacturer of flexible metal hose and gas piping products with common stock traded on the Nasdaq Global Market. Its 8-K filings furnish earnings releases for quarterly and annual periods, including net sales, net income, earnings per share, and management discussion of cost, volume, and market-demand factors.
Other filings record regular quarterly dividend events and shareholder-meeting matters. Proxy and annual meeting disclosures cover director elections, auditor ratification, executive compensation advisory votes, equity incentive plan approvals, board governance, shareholder voting results, and related corporate controls.
Omega Flex, Inc. reported weaker results for the quarter ended March 31, 2026. Net sales were $23.1 million, down slightly from $23.3 million a year earlier, but profitability fell more sharply as costs rose.
Gross margin declined to 56.7% from 60.3%, and operating profit dropped to $2.3 million from $4.1 million, reflecting higher raw material (including tariffs), selling, and engineering expenses. Net income attributable to Omega Flex decreased to $2.1 million, or $0.21 per share, compared with $3.6 million, or $0.35 per share, in the prior-year quarter.
The company remains highly liquid, with $49.8 million of cash and cash equivalents and no borrowings on its $15 million revolving credit facility as of March 31, 2026. Omega Flex continued its regular dividend, declaring $0.34 per share, or $3.4 million in total.
Omega Flex, Inc. reported first quarter 2026 results showing nearly flat sales but significantly lower profit. Net sales were $23,093,000 for the three months ended March 31, 2026, compared with $23,330,000 a year earlier, a decrease of 1.0%.
Net income attributable to Omega Flex declined to $2,077,000 from $3,568,000, a drop of 41.8%, and earnings per share fell to $0.21 from $0.35, based on 10,094,322 weighted average shares in both periods. Management attributes the profit decline mainly to rising raw material costs, including tariffs, along with higher marketing and product enhancement expenses, while continuing to invest in capacity expansion and geographic growth.
Omega Flex, Inc. has issued its 2026 proxy for the annual shareholder meeting on June 10, 2026 in Westfield, Massachusetts. Shareholders of record as of April 2, 2026, when 10,094,322 common shares were outstanding, will vote on electing three Class 3 directors—James M. Dubin, Executive Chairman Kevin R. Hoben and Chief Executive Officer Dean W. Rivest—to terms expiring in 2029.
The board remains staggered with eight members, five of whom are classified as independent. Director Stewart B. Reed beneficially owns 56.1% of Omega Flex common stock, largely through family trusts, while an institutional holder reported 6.5%. The company highlights strong governance structures, including audit, compensation and nominating/governance committees and formal insider trading and clawback policies.
For 2025, total compensation was $1,063,560 for CEO Dean Rivest, $1,012,954 for Executive Chairman Hoben and $913,453 for President Edwin Moran, with incentives tied to EBIT and long-term phantom stock and Flex-Trac equity awards. The audit committee is reviewing auditor options, so no auditor ratification vote is on this year’s ballot.
Omega Flex, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.34 per share for the first quarter of 2026. The dividend will be paid on April 21, 2026 to shareholders of record as of April 9, 2026.
The Board plans to determine future regular quarterly dividends case by case, considering the company’s results of operations, financial condition, capital spending plans, potential acquisitions, and other relevant factors.
Omega Flex, Inc. Chief Executive Officer Dean W. Rivest bought 1,000 shares of common stock in an open-market transaction at $29.50 per share. This increases his directly held stake to 1,000 shares.
He also has an indirect holding of 2,487 equivalent shares in the company stock fund within the issuer’s 401(k) plan, based on a statement dated 12/31/2025.
Omega Flex, Inc. reported softer 2025 results as demand in construction-related markets eased. Net sales were $98.3M, down 3.3% from $101.7M in 2024, mainly from lower unit volumes tied to weaker housing starts.
Despite the sales decline, gross margin remained high at 60.0%, versus 61.2% a year earlier, but higher selling, administrative and engineering costs compressed profitability. Operating profit fell 21.5% to $16.9M. Net income still added to retained earnings, which reached $74.0M as of December 31, 2025.
Cash and cash equivalents increased to $53.2M, supported by $17.2M of operating cash flow, while capital spending was modest at $1.8M. The company paid $13.7M in dividends and continues to emphasize its core flexible metal hose lines, particularly TracPipe® and CounterStrike® CSST, which drive most sales.
Omega Flex, Inc. reported lower sales and earnings for 2025 and the fourth quarter of 2025. Full-year net sales were $98,296,000 versus $101,681,000 in 2024, a 3.3% decline mainly from lower unit volumes as housing starts weakened.
Full-year net income fell to $14,827,000 from $18,014,000, down 17.7%, with management citing both lower sales and higher product development, certification and consulting expenses. Earnings per share decreased from $1.78 to $1.47. In the fourth quarter, net sales and net income declined 6.5% and 27.1%, respectively, compared with the prior-year period.
Omega Flex Vice President and CFO Matthew Francis Unger reported a set of transactions involving phantom stock and common shares. He exercised 395 units of phantom stock, each economically equivalent to one share of common stock and settled on a one-for-one basis. This exercise corresponded to 395 shares of common stock at a stated price of $0.0000 per share. On the same date, he disposed of 395 shares of common stock to the issuer at $37.55 per share, resulting in 0 shares of common stock held directly after these transactions.
Omega Flex, Inc. President and director Edwin B. Moran reported several transactions involving 494 units of phantom stock and 494 shares of common stock on February 22, 2026. He exercised 494 units of phantom stock, each economically equivalent to one share and settled for cash on a one-for-one basis, into 494 shares of common stock at $0.00 per share. Those 494 common shares were then disposed of back to the issuer at $37.55 per share, leaving no directly held shares from this block. Separately, an equivalent of 405 common shares is reported as held indirectly through the company’s 401(k) plan based on a December 31, 2025 statement.