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Loop Industries (LOOP) investor relations material
Loop Industries Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary16 Oct, 2025
Executive summary
Progressed commercialization of proprietary PET depolymerization technology through joint ventures, licensing, and construction of Infinite Loop facilities in India and Europe, supported by key supply contracts and partnerships with global brands.
Secured multi-year offtake agreements with a leading sports apparel brand and Taro Plast, and formed strategic alliances with Shinkong and Hyosung to expand textile-to-textile polyester initiatives.
Acquired 93 acres in Gujarat, India, for $10.5 million, $5 million below initial estimates, supporting rapid expansion plans.
Advanced Infinite Loop Europe project with Reed Circular Economy, establishing a 90/10 JV and progressing site selection and engineering revenue opportunities.
Launched Twist™, a branded circular polyester resin made entirely from textile waste, targeting the textile-to-textile recycling market.
Financial highlights
Cash operating expenses for Q2 were $2.43 million, down $1.74 million year-over-year; six-month operating cash outflow was $5.6 million, down from $6.8 million.
Total available liquidity at quarter-end was $9.86 million, with cash and cash equivalents of $7.3 million.
Revenue for the six months ended August 31, 2025, was $252,000, up from $29,000 year-over-year, mainly from engineering services.
Net loss for the six months was $6.7 million, improved from $10.0 million in the prior year; net loss for the quarter was $3.2 million, improved from $4.8 million.
Outlook and guidance
Infinite Loop India facility projected for completion by end of 2027, with groundbreaking expected by end of fiscal 2026.
Additional supply agreements and new revenue streams from engineering and licensing expected by year-end.
Management believes current liquidity is sufficient for at least twelve months, but further funding is required for project equity and operations.
Plans for rapid expansion in India with a second facility of 100,000 tons capacity.
Quantify remaining India JV equity contribution.
Estimate 2026 Europe engineering/licensing revenue.
Is reduced external engineering sustainable for R&D?
India project cost savings impact on CapEx?
How will Europe project CapEx be reduced?
Explain commercial role of Shinkong/Hyosung deals
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Next Loop Industries earnings date
Q3 202615 Jan, 2026
Next Loop Industries earnings date
Q3 202615 Jan, 2026
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Frequently asked questions
Loop Industries Inc. is a technology company with a focus on environmental sustainability, specifically in the recycling of polyethylene terephthalate (PET) plastics and polyester fibers. Utilizing its proprietary technology, Loop Industries depolymerizes waste PET plastics and polyester fibers, including difficult-to-recycle items such as colored, transparent, and even ocean plastics that have been degraded by the sun and salt. This process breaks these materials down to their base building blocks, which are then polymerized into virgin-quality PET resins. These resins are suitable for use in food-grade packaging, such as water and carbonated soft drink bottles, as well as containers for food and other consumer products. Additionally, the company's technology allows for the production of polyester fibers for textiles, clothing, and apparel. The company is headquartered in Terrebonne, Canada, and its shares are listed on the Nasdaq.
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