Loop Industries, Inc. (LOOP) Q2 FY2027 earnings

Reported results

• Q2 fiscal 2027 total revenues of $117 thousand, all from engineering services (compared to $0 in Q2 fiscal 2026)
• Q2 fiscal 2027 research and development expense of $540 thousand, down $303 thousand year-over-year
• Q2 fiscal 2027 general and administrative expense of $1,478 thousand, down $393 thousand year-over-year
• Q2 fiscal 2027 net loss (GAAP) of $2,988 thousand, an improvement of $216 thousand from net loss of $3,204 thousand in Q2 fiscal 2026
• Cash operating expenses (non-GAAP) for Q2 fiscal 2027 were $1.6 million, a decrease of $0.8 million year-over-year
• As of August 31, 2026, total available liquidity of $1.9 million

Guidance

• India facility construction completion targeted for end of 2028, with startup and commissioning scheduled for 2029

Notes

Cash operating expenses is a non-GAAP measure defined as research & development and general & administrative expenses, less stock-based compensation expenses. The company states there is no assurance that financing, engineering-services revenue, or licensing revenue will be sufficient to fund operations through commercial start-up.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-15 (8-K, Item 2.02). Read the original filing on sec.gov.