Loop Industries, Inc. (LOOP)
Nasdaq: LOOP · Chemicals & Allied Products · Terrebonne, QC · filing with the SEC since 2010
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in February.| Fiscal year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Feb 28, 2026 | Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | Feb 29, 2020 | Feb 28, 2019 | Feb 28, 2018 | Feb 28, 2017 |
| Report filed | May 27, 2026 | May 29, 2025 | May 29, 2024 | May 18, 2023 | May 27, 2022 | Jun 1, 2021 | May 5, 2020 | May 8, 2019 | May 14, 2018 | May 30, 2017 |
| Revenue | 514,000 | 10,889,000 | 153,000 | 173,000r | 0 | 0 | 0 | 0 | 0 | 0 |
| For lenders | ||||||||||
| Interest and dividend income | · | · | · | · | 58,976 | 93,043 | 500,478 | 0 | 0 | · |
| Interest and investment income | 236,000 | 238,000 | · | · | 650,000r | 650,000 | · | · | · | · |
| Cost of revenue | 381,000 | 218,000 | · | · | · | · | · | · | · | · |
| Research and development | 3,472,000 | 6,646,000r | 11,379,000 | 17,346,000r | 27,736,425 | 18,687,014 | 4,717,175 | 3,448,547 | 6,694,778 | 1,454,440 |
| General and administrative | 6,405,000 | 9,228,000 | 9,988,000 | 20,429,000r | 12,792,439 | 11,540,340 | 7,215,420 | 8,811,237 | 6,860,623r | 2,280,281r |
| Total operating expenses | 10,261,000 | 24,858,000r | 21,902,000 | 38,325,000r | 41,077,096r | 36,344,923 | 14,505,455 | 17,536,411 | 14,037,378 | 4,114,001r |
| Operating income | · | · | · | · | · | · | · | · | · | -4,114,001r |
| Interest expense | · | · | · | · | 154,319 | 81,996 | 2,223,304 | 467,082 | 5,125 | 0 |
| Share of profit of equity-method investments | · | 687,000 | 0 | 0 | 1,119,078 | · | · | · | · | · |
| Other income (expense), net | · | 870,000 | -662,000r | 0r | 287 | -32,607r | -39,170r | 5,811 | 0 | · |
| Total non-operating income (expense) | -2,171,000 | -870,000 | · | · | · | · | · | · | · | · |
| Income before income taxes | -12,299,000 | -15,057,000 | · | · | · | · | · | · | · | · |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income including non-controlling interests | · | · | · | -21,300,565 | -44,920,956 | · | · | · | · | · |
| Net income | -12,299,000 | -15,057,000 | -21,087,000 | -21,301,000r | -44,920,956 | -36,344,923 | -14,505,455 | -17,536,411 | -14,037,378 | -4,114,001r |
| Earnings per share, basic | -0.26 | -0.32 | · | · | · | · | · | · | · | · |
| Earnings per share, diluted | · | -0.32 | -0.44 | · | · | · | · | · | · | · |
| Earnings per share, basic and diluted | · | · | · | · | · | -0.89 | -0.38 | -0.52 | -0.43 | -0.13r |
| Weighted average shares, basic | 47,960,970 | 47,587,038 | · | · | · | · | · | · | · | · |
| Weighted average shares, diluted | · | 47,587,038 | 47,522,483 | · | · | · | · | · | · | · |
| Weighted average shares, basic and diluted | · | · | · | · | · | 40,983,752 | 37,936,094 | 33,795,600 | 32,642,741 | 31,102,004 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:RevenuesInterest and dividend income what its loans and securities earned
us-gaap:InterestAndDividendIncomeOperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterest
us-gaap:InvestmentIncomeNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServicesSoldResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted