LOOP on Nasdaq

Loop Industries, Inc.

In its 2026 annual report the company says: “Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels.”5 It is headquartered in Montreal, Canada.2

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Last updated Oct 21, 2026.

Overview

$514.0KRevenue, fiscal 20263
-$12.3MNet income, fiscal 20263

Compare with LIQUIDMETAL TECHNOLOGIES INC, CitroTech Inc. or BIOLARGO, INC., or pick any stock.

  • TickerLOOP on Nasdaq2
  • IndustryChemicals & Allied Products2
  • HeadquartersMontreal, Canada2
  • Incorporated inNV4
  • Business address480 Fernand Poitras, Terrebonne, A8 J6Y 1Y44
  • Filer categoryNon-accelerated filer, Smaller reporting company4
  • Legal formProfit Corporation2
  • LEI254900CRCCF0BCRSOJ922
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O NEVADA AGENCY AND TRANSFER COMPANY, 89501 Reno, United States2
  • Registered withBusiness Center (Secretary of State), NV201011811312

Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles, packaging, and textiles such as carpets and clothing, into its base building block monomers, DMT and MEG. The monomers are separated, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, helping to close the plastic loop. Loop Industries is committed to contributing to the global movement towards a circul…5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

-2392.8%Net margin3
-95.3%Revenue growth, 20263

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue10¢$381.0K
  • Research and development90¢$3.5M

Out of $514.0K in revenue.3 The company lost money this year.

Financial statements

Revenue678910113$514.0K in 2026
0$5.0M$10.0M$15.0M2019: $0$020192020: $0$020202021: $0$020212022: $0$020222023: $173.0K$173.0K20232024: $153.0K$153.0K2024−12%2025: $10.9M$10.9M2025+7017%2026: $514.0K$514.0K2026−95%
Net income678910113-$12.3M in 2026−30% since 2019
-$60.0M-$40.0M-$20.0M02019: -$17.5M-$17.5M20192020: -$14.5M-$14.5M2020−17%2021: -$36.3M-$36.3M2021+151%2022: -$44.9M-$44.9M2022+24%2023: -$21.3M-$21.3M2023−53%2024: -$21.1M-$21.1M2024−1%2025: -$15.1M-$15.1M2025−29%2026: -$12.3M-$12.3M2026−18%
Fiscal year20192020202120222023202420252026
Revenue$06$07$08$09$173.0K10$153.0K11$10.9M3$514.0K3
Cost of revenue$218.0K3$381.0K3
Research and development$3.4M6$4.7M7$18.7M8$27.7M9$17.3M10$11.4M11$6.6M3$3.5M3
Operating expenses$41.1M9$38.3M10$21.9M11$24.9M3$10.3M3
Operating income
Interest$467.1K6$2.2M7$82.0K8$154.3K8
Income before tax-$15.1M3-$12.3M3
Income tax$06$07$08$09$010$011$03$03
Net income-$17.5M6-$14.5M7-$36.3M8-$44.9M9-$21.3M10-$21.1M11-$15.1M3-$12.3M3
Earnings per share-$0.323-$0.263
Earnings per share (diluted)-$0.4411-$0.3211
Shares (weighted, basic)47.6M shares348.0M shares3
Shares (weighted, diluted)47.5M shares1147.6M shares11

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Corporate structure

Loop Industries, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Loop Industries, Inc.

  • Loop Industries, Inc. Montreal, Quebec, Canada

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Loop Industries, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$12.6M3 Feb 28, 2026$12.4M3 Feb 28, 2025+1.9%
Accumulated depreciation$10.9M3 Feb 28, 2026$10.7M3 Feb 28, 2025+2.5%
Property and equipment, net$1.7M3 Feb 28, 2026$1.7M3 Feb 28, 2025−2.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.4M3 Feb 28, 2026$13.0M3 Feb 28, 2025−81.8%
Long-term investments$1.5M3 Feb 28, 2026$1.3M3 Feb 28, 2025+15.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$1.8M3 Feb 28, 2026$1.7M3 Feb 28, 2025+4.0%
Finite-lived intangibles, gross$2.4M11 Feb 28, 2025$2.0M11 Feb 29, 2024+22.5%
Accumulated amortization-$581.0K11 Feb 28, 2025-$379.0K11 Feb 29, 2024−53.3%
Finite-lived intangibles, net$1.7M11 Feb 28, 2025$1.5M11 Feb 29, 2024+10.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$03 Feb 28, 2026$82.0K3 Feb 28, 2025−100.0%
Raw materials$15.0K3 Feb 28, 2026$14.0K3 Feb 28, 2025+7.1%
Work in process$337.0K3 Feb 28, 2026$318.0K3 Feb 28, 2025+6.0%
Finished goods$516.0K3 Feb 28, 2026$488.0K3 Feb 28, 2025+5.7%

Properties, in its own words

Our Terrebonne Facility and corporate offices are located at 480 Fernand-Poitras, Terrebonne, Québec, Canada J6Y 1Y4. We own the facility, which comprises approximately 33 thousand square feet including 13 thousand square feet for our executive offices and 20 thousand square feet for our innovation and operational activities. We believe that our existing facilities are adequate for our current needs.

Item 2 of the 10-K filed May 27, 2026.5

Leadership

Who has led Loop Industries, Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (21)

Former names

  • FIRST AMERICAN GROUP INC.Dec 10, 2010 to Sep 18, 20154

Timeline

  1. Oct 15, 20268-K Results of operations47
  2. Oct 1, 20268-K Regulation FD disclosure48
  3. Sep 17, 20268-K Regulation FD disclosure49
  4. Sep 8, 20268-K Regulation FD disclosure50
  5. Aug 28, 20268-K Shareholder vote51
  6. Aug 19, 20268-K Entered a material agreement; Other events52
  7. Jul 29, 20268-K Listing notice or transfer53
  8. Jul 14, 20268-K Results of operations54
  9. Jun 23, 20268-K Executive or director change55
  10. May 28, 20268-K Results of operations56
  11. Jan 14, 20268-K Results of operations57
  12. Jan 8, 20268-K Executive or director change; Other events58
  13. Jul 1, 2019New chief executive Daniel Solomita becomes CEO16
  14. Mar 11, 2010Founded Loop Industries, Inc. is founded2

Calendar

Coming up

  1. Around Jan 16, 2027Next results, estimated About a quarter after its last report. The company hasn't announced the date.

When it reported results

  1. Oct 15, 2026Reported quarterly or annual results47
  2. Jul 14, 2026Reported quarterly or annual results54
  3. May 28, 2026Reported quarterly or annual results56
  4. Jan 14, 2026Reported quarterly or annual results57
  5. Oct 16, 2025Reported quarterly or annual results59
  6. Jul 15, 2025Reported quarterly or annual results60
  7. May 30, 2025Reported quarterly or annual results61
  8. Jan 15, 2025Reported quarterly or annual results62

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

178 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 62 major events, 62 insider forms, 7 large holders, 26 other. The latest 20:

  1. Oct 15, 20268-K EDGAR
  2. Oct 1, 20268-K EDGAR
  3. Sep 17, 20268-K EDGAR
  4. Sep 8, 20268-K EDGAR
  5. Aug 28, 20268-K EDGAR
  6. Aug 26, 2026SCHEDULE 13D/A EDGAR
  7. Aug 20, 20264 EDGAR
  8. Aug 19, 20268-K EDGAR
  9. Jul 31, 20264 EDGAR
  10. Jul 29, 20268-K EDGAR
  11. Jul 27, 20264 EDGAR
  12. Jul 24, 20264 EDGAR
  13. Jul 24, 20264 EDGAR
  14. Jul 24, 20264 EDGAR
  15. Jul 24, 20264 EDGAR
  16. Jul 14, 202610-Q EDGAR
  17. Jul 14, 20268-K EDGAR
  18. Jun 24, 20263 EDGAR
  19. Jun 24, 2026SCHEDULE 13D/A EDGAR
  20. Jun 23, 20268-K EDGAR

The 178 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

24 open-market trades by officers, directors and large owners since October 2021: 22 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 19, 2026GEYGAN JEFFREY RICHARTDirectorBuy1,090$0.64$698Form 4
Aug 18, 2026GEYGAN JEFFREY RICHARTDirectorBuy22,100$0.64$14.1KForm 4
Jul 31, 2026GEYGAN JEFFREY RICHARTDirectorBuy30,800$0.73$22.5KForm 4
Jul 30, 2026GEYGAN JEFFREY RICHARTDirectorBuy62,895$0.75$47.2KForm 4
Jul 29, 2026GEYGAN JEFFREY RICHARTDirectorBuy6,610$0.73$4.8KForm 4
Nov 10, 2025Hart SpencerChief Financial OfficerBuy50,000$1.32$66.0KForm 4
Aug 5, 2025Hart SpencerChief Financial OfficerBuy20,000$1.66$33.2KForm 4
Jul 28, 2025Hart SpencerChief Financial OfficerBuy29,121$1.65$48.0KForm 4
Jul 25, 2025Hart SpencerChief Financial OfficerBuy27,562$1.32$36.4KForm 4
Jul 24, 2025Hart SpencerChief Financial OfficerBuy41,317$1.25$51.6KForm 4
Jul 23, 2025Solomita DanielChief Executive OfficerBuy906,794$1.01$915.9KForm 4
Jul 23, 2025Sellyn Laurence G.DirectorBuy150,000$1.01$151.5KForm 4
Jul 23, 2025CATINO GIOVANNIChief Revenue OfficerBuy150,000$1.01$151.5KForm 4
Jul 23, 2025Stubina Jay HowardDirectorBuy150,000$1.01$151.5KForm 4
Feb 20, 2025Hart SpencerChief Financial OfficerBuy55,000$1.29$71.0KForm 4
Feb 19, 2025Hart SpencerChief Financial OfficerBuy73,201$1.25$91.5KForm 4
Feb 18, 2025Hart SpencerChief Financial OfficerBuy21,245$1.21$25.7KForm 4
Jan 23, 2025Stubina Jay HowardDirectorBuy50,000$1.20$60.0KForm 4
Jan 22, 2025Sellyn Laurence G.DirectorBuy20,063$1.15$23.1KForm 4
Jan 21, 2025Sellyn Laurence G.DirectorBuy29,937$1.05$31.4KForm 4

All 24 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026Daniel SolomitaChief Executive Officer50$431.7K$1.5M68
2026Spencer HartChief Financial Officer60$30.8K$738.4K68
2026Adel EssaddamChief Operating Officer31$180.2K$501.8K68
2025Daniel SolomitaChief Executive Officer50$432.8K$555.7K68
2025Adel EssaddamChief Operating Officer31$180.7K$329.1K68

SEC filer profile

How Loop Industries, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARLoop Industries, Inc.1
  • CIK0001504678
  • Employer ID (EIN)27-20947065
  • Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inNevada5
  • Fiscal year endsFebruary 281
  • Industry code (SIC)2800 Chemicals & Allied Products1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address480 Fernand Poitras, Terrebonne, A8 J6Y 1Y41
  • Phone450-951-85551
  • Shares outstanding48,380,371 as of Jul 14, 202614
  • Public float$39.5M as of Aug 29, 20255
  • AuditorPricewaterhouseCoopers LLP, Montréal, Canada PCAOB ID 271; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceDec 10, 20101
  • Filings493 in all: 8-K (149), 4 (103), 10-Q (46), 3 (38), UPLOAD (21), 10-K (15), CORRESP (10), DEF 14A (9)1
    All 42 form types

    10-Q/A (7), 424B5 (6), 8-K/A (6), EFFECT (6), 10-K/A (5), ARS (5), DEFA14A (5), S-1/A (5), S-3 (5), CT ORDER (4), DEF 14C (4), PRER14C (4), SC 13D (4), SCHEDULE 13D/A (4), 424B3 (3), D (3), PRE 14C (3), S-8 (3), SC 13D/A (3), NT 10-K (2), NT 10-Q (2), 3/A (1), 4/A (1), 424B4 (1), 8-A12B (1), 8-A12G (1), CERTNAS (1), PRE 14A (1), S-1 (1), S-3/A (1), S-8 POS (1), SC 13G (1), SC 13G/A (1), SCHEDULE 13D (1)

  • Latest filingsAnnual report (10-K) May 27, 2026
    Quarterly report (10-Q) Jul 14, 2026
    Proxy statement (DEF 14A) Jun 9, 2026
    Latest 8-K (8-K) Oct 15, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, par value $0.0001 per shareLOOPNasdaq

From the cover page of the 10-K filed May 27, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Loop Industries, Inc. names in Item 1A of its 10-K filed May 27, 2026: 27 risks under these headings, as written.5

  • RISKS RELATING TO OUR BUSINESS AND TECHNOLOGY
  • We have incurred net losses since inception. We expect to continue to incur losses for the foreseeable future and may never achieve or maintain profitability.
  • We may not be able to execute our business plan or stay in business without additional funding.
  • Conditions in the financial markets and economic conditions in general may adversely affect our ability to raise additional capital, execute our business plan or remain in business.
  • Our technology may not be successful in achieving widespread commercial success at scale.
  • We face business risks due to our relationships with strategic partners and other factors that may affect our joint venture endeavors.
  • If we are unable to successfully scale our manufacturing processes, we may not meet customer demand.
  • Our joint venture with Ester to construct and operate a manufacturing facility in India involves significant risks, and any delays or disruptions could adversely affect our business, financial condition, and prospects.
  • We may not realize the expected benefits and may face risks associated with our licensing arrangements, and our ability to continue to generate significant revenue from technology licensing may be limited or delayed.
  • We operate in a highly competitive and rapidly evolving industry, and increased competition or technological advances could adversely affect our business, financial condition, and results of operations.
  • We are vulnerable to fluctuations in the supply and price of raw materials.
  • The loss of the services of Mr. Daniel Solomita, our President and Chief Executive Officer, and Chairman of the Board of Directors, or our failure to timely identify and retain competent personnel could negatively impact our ability to develop our business.
The other 16 risks
  • We are subject to certain risks related to litigation filed by or against us and investigations we are subject to, and adverse results may harm our business.
  • We are subject to an SEC Investigation which could have a material adverse impact on our business, financial condition, results of operation, cash flows and reputation.
  • Our Terrebonne Facility or other planned facilities must operate under policies, procedures, and controls for the operation of a chemical manufacturing facility as required under various federal, provincial and local regulations and codes. Failure to comply with such regulations and codes may lead to disruption of operations at the Terrebonne Facility or other planned facilities and the development of our technology, and financial sanctions.
  • Our failure to protect our intellectual property and proprietary technology may significantly impair our competitive advantage.
  • We may face costly intellectual property infringement claims, the result of which would decrease the amount of cash available to operate and complete our business plan.
  • We rely in part on trade secrets to protect our technology, and our failure to obtain or maintain trade secret protection could harm our business.
  • If our information technology systems or data, or those of third parties upon which we rely, are or were compromised, we could experience material adverse effects on our business, financial condition, results of operations and prospects.
  • If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately or timely report our financial condition or results of operations, which may adversely affect investor confidence in us and the price of our common stock.
  • We are subject to risks associated with currency fluctuations, and changes in foreign currency exchange rates could impact our results of operations.
  • We are subject to extensive and evolving domestic and global legal and regulatory requirements, and failure to obtain or maintain necessary approvals and comply with applicable laws could adversely affect our ability to commercialize our technology and operate our business.
  • RISKS ASSOCIATED WITH OUR SECURITIES
  • Our current arrangements contain certain restrictions and potential cash obligations, and raising additional funds may cause dilution to our existing stockholders, restrict our operations or require us to relinquish rights to our technologies.
  • Trading volume in our stock can fluctuate and an active trading market for our common stock may not be available on a consistent basis to provide stockholders with adequate liquidity. Our stock price may be volatile, and our stockholders could incur significant investment losses.
  • Our President and Chief Executive Officer and Chairman of the Board of Directors, Mr. Daniel Solomita, beneficially owns a majority of the total voting power of our capital stock, and accordingly, has control over stockholder matters, our business and management.
  • Anti-takeover effects of certain provisions of Nevada state law hinder a potential takeover of our company.
  • Because we do not intend to pay any cash dividends on our common stock, our stockholders will not be able to receive a return on their shares unless they sell them.
  • Sales of a significant number of shares of our common stock in the public markets, or the perception that such sales could occur, could depress the market price of our common stock.

Legal proceedings

SEC Investigation

As previously disclosed, we received a subpoena from the SEC in October 2020 requesting certain information from us, including information regarding testing, testing results and details of results from our GEN I and GEN II technologies, and certain of our partnerships and agreements. In March 2022, we received a second subpoena requesting additional information, including information concerning our reverse-merger in 2015, and communications with certain individuals and entities. There have been no additional information requests from the SEC relating to the Company’s business or technology.

The SEC informed us that its investigation does not mean that the SEC has concluded that anyone has violated the law and that the investigation does not mean that the SEC has a negative opinion of us. We cannot predict when this matter will be resolved or what, if any, action the SEC may take following the conclusion of the investigation.

On September 30, 2022, the SEC filed a complaint (the “SEC complaint”) against several named defendants (“Defendants”), and also identified as a relief defendant Daniel Solomita, our Chief Executive Officer. The SEC complaint does not allege wrongdoing by the Company or Mr. Solomita. The SEC complaint identifies Mr. Solomita and an entity he owns as relief defendants because they purportedly received monies from the Defendants in 2015 that the SEC alleges were derived from the Defendants’ fraud. The SEC complaint does not allege that Mr. Solomita was aware of the alleged wrongdoing by the Defendants and does not allege that he was aware that any alleged monies received were derived from fraud.

The opening of Item 3, Legal Proceedings.5

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