Flexible Solutions International, Inc. (FSI) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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FSI Revenue Growth
Revenue Breakdown (FY 2012)
FSI's revenue distribution by segment and geography for fiscal year 2012
By Product/Segment
By Geography
FSI Revenue Analysis (2013–2024)
As of May 8, 2026, Flexible Solutions International, Inc. (FSI) generated trailing twelve-month (TTM) revenue of $38.6 million, reflecting strong growth of +13.3% year-over-year. The most recent quarter (Q3 2025) recorded $10.6 million in revenue, down 7.1% sequentially.
Looking at the longer-term picture, FSI's 5-year compound annual growth rate (CAGR) stands at +6.9%, indicating steady revenue expansion. The company achieved its highest annual revenue of $45.8 million in 2022.
Revenue diversification analysis shows FSI's business is primarily driven by Tpa (100%). With over half of revenue concentrated in Tpa, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including PESI (-0.9% YoY), HNNA, and NTIC (-0.0% YoY), FSI has outperformed the peer group in terms of revenue growth. Compare FSI vs PESI →
FSI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FSICurrent | $39M | +13.3% | +6.9% | 14.4% | |
 PESI | $62M | -0.9% | -10.2% | -19.0% | |
 HNNA | $36M | - | - | 37.0% | |
 NTIC | $84M | -0.0% | +12.1% | -7.1% | |
 GURE | $8M | -15.3% | -6.3% | -277.8% | |
 OESX | $80M | -4.5% | -12.0% | -13.3% |
FSI Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $38.2M | -0.2% | $13.2M | 34.6% | $5.5M | 14.4% |
| 2023 | $38.3M | -16.4% | $10.3M | 27.0% | $3.0M | 7.8% |
| 2022 | $45.8M | +33.2% | $13.9M | 30.3% | $7.1M | 15.4% |
| 2021 | $34.4M | +9.6% | $11.4M | 33.1% | $5.5M | 15.9% |
| 2020 | $31.4M | +14.5% | $9.8M | 31.1% | $4.1M | 13.1% |
| 2019 | $27.4M | +53.9% | $8.6M | 31.4% | $1.9M | 7.0% |
| 2018 | $17.8M | +15.1% | $5.6M | 31.6% | $1.3M | 7.3% |
| 2017 | $15.5M | -4.6% | $6.0M | 38.6% | $1.5M | 9.8% |
| 2016 | $16.2M | +2.2% | $7.0M | 43.0% | $3.1M | 19.0% |
| 2015 | $15.9M | -0.1% | $6.2M | 39.0% | $2.4M | 14.8% |
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Start ComparisonFSI — Frequently Asked Questions
Quick answers to the most common questions about buying FSI stock.
Is FSI's revenue growth accelerating or slowing?
FSI maintains +13.3% revenue growth, in line with its 5-year CAGR of +6.9%. TTM revenue stands at $39M. Growth rate remains consistent with historical average.
What is FSI's long-term revenue growth rate?
Flexible Solutions International, Inc.'s 5-year revenue CAGR of +6.9% reflects the sustained expansion pattern. Current YoY growth of +13.3% is near this long-term average.
How is FSI's revenue distributed by segment?
FSI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.