EXTON, PA — Omega Flex, Inc. (NASDAQ: OFLX) reported net sales of $98,296,000 for 2025, down from $101,681,000 in 2024, as lower unit volumes weighed on performance.
The company said sales declined $3,385,000, or 3.3%, year over year, citing a suppressed market that included a decline in housing starts.
Net sales during the fourth quarter of 2025 were 6.5% lower than the same period in 2024.
Chief Executive Officer Dean W. Rivest said reduced demand contributed to the results.
The company reported net income of $14,827,000 for 2025, compared with $18,014,000 in 2024.
That represents a decline of $3,187,000, or 17.7%, according to the company.
Fourth-quarter net income for 2025 was 27.1% lower than in the same period a year earlier.
Omega Flex said the decrease in earnings reflected lower sales as well as increased spending on product development, certification, and consulting.