Loop Industries 2026 Q3 Earnings 75.3% Net Loss Reduction

Loop Industries (LOOP) reported its 2026 Q3 earnings on Jan 14, 2026, with revenue surging 65.4% to $86,000 and a 75.3% reduction in net losses to -$2.94 million. The results aligned with expectations, though the company has posted losses for seven consecutive years. Management emphasized progress on India and European projects, with no formal guidance adjustments provided.

Revenue

Services drove the total revenue increase to $86,000, entirely attributable to engineering services for the India joint venture. This marked a 65.4% year-over-year jump from $52,000 in 2025 Q3.

Earnings/Net Income

The company narrowed its net loss to -$2.94 million in 2026 Q3, a 75.3% improvement from -$11.91 million in 2025 Q3. Earnings per share (EPS) improved to -$0.06 from -$0.25, reflecting strategic cost reductions and operational efficiencies. While the loss contraction is positive, the persistent negative net income underscores ongoing financial challenges.

Price Action

Shares of Loop Industries rose 2.63% on the latest trading day, with a 6.36% gain in the past week and a 12.50% month-to-date increase, signaling short-term investor optimism.

Post-Earnings Price Action Review

The strategy of buying Loop Industries shares following a revenue increase in its 2026 Q3 report and holding for 30 days yielded no returns over the past three years. With a CAGR of 0.00% and an excess return of -73.19%, the approach underperformed the benchmark return of 73.19%. The strategy’s maximum drawdown and volatility of 0.00% highlighted its risk-averse nature but failed to capitalize on potential gains.

CEO Commentary

Daniel Solomita, CEO, emphasized progress on the Infinite Loop India project, including securing the Gujarat site and a multi-year offtake agreement with Nike. The company remains focused on securing project debt financing and equity fundraising to support operations until the India facility becomes operational.

Guidance

Loop expects engineering services and milestone licensing payments post-European site selection to fund operations. The company anticipates advancing India and European projects through debt financing and equity raises but did not provide specific revenue or profit timelines.

Additional News

1. C-Level Changes: Loop appointed Spencer Hart as CFO, bringing over 30 years of investment banking and capital markets experience.

2. Strategic Partnership: A multi-year offtake agreement with Nike for Twist™ polyester from the India joint venture was finalized.

3. European Expansion: The company is in the final stages of site selection for its first Infinite Loop™ facility in Europe, partnering with Reed Société Générale Group.