Omega Flex Inc

omegaflex.com

What Do They Do?

Makes flexible metal hose, gas piping and medical-gas tubing for construction, healthcare and industrial customers.

How Do They Make Money?

Customers place purchase orders for hose, fittings and accessories at agreed quantities and prices; the company is entitled to payment when the goods ship.

FY2025 revenue

Who Are Their Customers?

Sells mainly through distributors and wholesalers, as well as independent sales representatives; also sells directly and to original equipment manufacturers. Buyers span construction, industrial, pharmaceutical and healthcare markets.

Customers above 10% of revenue, FY2025

of revenue from one customer

FY2024: 15% from one customer

Do Revenues Turn Into Profits?

Yes. It kept 15 cents of every revenue dollar as net income in FY2025 and turned 16 cents into free cash flow.

Operating income, FY2025

17% of revenue

▼ −22% vs FY2024 ($21.6M, 21%)

Net income, FY2025

15% of revenue

▼ −18% vs FY2024 ($18M, 18%)

Free cash flow, FY2025

16% of revenue

▼ −19% vs FY2024 ($18.9M, 19%)

How Are They Changing?

Since the FY2025 annual report

Latest quarter: Q2 FY2026, the three months to Jun 30, 2026

Revenue: ▼ −6%; vs $25.5M in Q2 FY2025
Net income: ▼ −36%; vs $4.2M in Q2 FY2025

Aug 12, 2026 Introduced a redesigned gas-piping fitting and received European medical-tubing certification The fitting is intended for residential and commercial construction; MediTrac received European medical-device certification.
Jun 15, 2026 Changed its independent accounting firm PKF O’Connor Davies was appointed, replacing RSM.

Shrinking. Revenue fell 24% in 4 years, from $130M in FY2021 to $98.3M in FY2025, about 7% a year.

AutoSnap fitting discontinued The older report described AutoSnap as a fitting that accounted for a significant portion of fitting demand; the latest report says the company discontinued it after AutoFlare gained market acceptance.

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