Key Highlights

  • A regular quarterly Dividend of $0.34 was declared September 18, 2026, payable October 14 to holders of record September 30.
  • Second-quarter net sales were $24.057 million, down from $25.525 million, and EPS was $0.27, compared with $0.41.
  • Gross Margin was 55.0% in the second quarter, and the company cited higher raw material, freight and Tariff costs.
  • Cash and equivalents were $47.905 million at June 30, 2026, and first-half dividends paid were $6.864 million.

Overview

Omega Flex, Inc. (NASDAQ:OFLX) declared a regular quarterly dividend of $0.34 per share for the third quarter of 2026 on September 18, payable October 14 to holders of record on September 30. The dividend yields 5.32%. Second-quarter net sales were $24.057 million and EPS was $0.27, compared with $0.41 a year earlier.

Dividend Program and Shareholder Returns

The board declared a regular quarterly dividend of $0.34 per share on September 18, 2026. It is payable October 14, 2026, to shareholders of record on September 30, and it trades ex-dividend on September 30.

The company states that in setting future dividend amounts the board will review the cash needs of the company, along with operating results, financial condition, Capital Expenditure plans and potential acquisitions. The dividend for the second quarter of 2026 was also $0.34 per share. Dividends paid in each of the first six months of 2026 and 2025 were $6.864 million.

About the Company

Omega Flex, Inc. is based in Exton, Pennsylvania, and manufactures flexible metal hose and gas piping products, including flexible gas piping and corrugated medical tubing. Its shares trade on Nasdaq. It reports GAAP results.

Second-Quarter Sales, Margin and Earnings

Net sales were $24.057 million, compared with $25.525 million in the second quarter of 2025. Gross Profit was $13.221 million, compared with $15.422 million, and operating profit was $3.053 million, compared with $4.722 million.

Net income attributable to Omega Flex was $2.675 million, or $0.27 per basic and diluted share, compared with $4.156 million, or $0.41. Net Income before the noncontrolling interest was $2.612 million, compared with $4.103 million.

For the six months, net sales were $47.150 million, compared with $48.855 million. Net income attributable to Omega Flex was $4.752 million, or $0.47 per share, compared with $7.724 million, or $0.77. Cash and equivalents were $47.905 million at the end of the period.

Margin Compression and the MediTrac CE Mark

The 10-Q states that gross margin contracted to 55.0% in the second quarter and 55.8% for the first half, down from 60.4% in the first half of 2025, mainly because of higher raw material, freight and tariff costs. Gross profit for the six months was $26.306 million, compared with $29.494 million.

Operating profit for the six months was $5.364 million, compared with $8.772 million. The company attributed the decline to margin compression along with higher selling and engineering costs.

In its second-quarter release, the company also announced CE Mark approval for its MediTrac corrugated medical tubing.

Outlook

Raw material, freight and tariff costs, gross margin, net sales trends, selling and engineering costs, and the board's quarterly declarations are the relevant considerations. Second-quarter results are the most recent reported period.