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FLEXIBLE SOLUTIONS INTERNATIONAL INC

For the period ended Jun 30, 2026. Filed Aug 14, 2026.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 14, 2026

FSI$6.15+0.2%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30,2026

OR

☐TRANSITION REPORT PURSUANT TO 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ________ to ________

Commission File Number:001-31540

FLEXIBLE SOLUTIONS INTERNATIONAL INC.

(Exact Name of registrant as Specified in Its Charter)

Alberta71-1630889
(State or other jurisdiction of(Employer
incorporation or organization)Identification No.)
6001 54 Ave.
Taber, Alberta, CanadaT1G 1X4
(Address of Principal Executive Offices)(Zip Code)

Registrant’s telephone number:(403) 223-2995

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockFSINYSE American

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐Accelerated filer ☐
Non-accelerated filer ☒Smaller reporting company ☒
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act): ☐ Yes☒ No

Class of StockNo. Shares OutstandingDate
Common12,772,498August 14, 2026

FORM 10-Q

Index

PART I.FINANCIAL INFORMATION3
Item 1.Financial Statements.3
(a)Unaudited Condensed Interim Consolidated Balance Sheets at June 30, 2026 and December 31, 2025.3
(b)Unaudited Condensed Interim Consolidated Statements of Operations and Comprehensive Income (Loss) for the Three Months Ended June 30, 2026 and 2025.4
Unaudited Condensed Interim Consolidated Statements of Operations and Comprehensive Income (Loss) for the Six Months Ended June 30, 2026 and 2025.5
(c)Unaudited Condensed Interim Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2026 and 2025.6
(d)Unaudited Condensed Interim Consolidated Statements of Stockholders’ Equity for the Six Months Ended June 30, 2026 and 2025.7
(e)Notes to Unaudited Condensed Interim Consolidated Financial Statements for the Period Ended June 30, 2026.9
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations.21
Item 4.Controls and Procedures.23
PART II.OTHER INFORMATION24
Item 5.Other Information.24
Item 6.Exhibits.24
SIGNATURES25

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are “forward-looking statements” for the purposes of the federal and state securities laws, including, but not limited to: any projections of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new services or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing.

Forward-looking statements may include the words “may,” “could,” “will,” “estimate,” “intend,” “continue,” “believe,” “expect” or “anticipate” or other similar words. These forward-looking statements present our estimates and assumptions only as of the date of this report. Except for our ongoing obligation to disclose material information as required by the federal securities laws, we do not intend, and undertake no obligation, to update any forward-looking statement.

Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Our future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties. The factors impacting these risks and uncertainties include but are not limited to:

●Increased competitive pressures from existing competitors and new entrants;
●Increases in interest rates or our cost of borrowing or a default under any material debt agreement;
●Deterioration in general or regional economic conditions;
●Adverse state or federal legislation or regulation that increases the costs of compliance, or adverse findings by a regulator with respect to existing operations;
●Loss of customers or sales weakness;
●Inability to achieve future sales levels or other operating results;
●The unavailability of funds for capital expenditures;
●Operational inefficiencies in distribution or other systems; and
●New tariffs relating to raw materials imported from China.

For a detailed description of these and other factors that could cause actual results to differ materially from those expressed in any forward-looking statement, please see “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025.

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