BackLoop Industries Overview

Loop Industries Gross Profit

Loop Industries's gross profit is $-950K, below the Materials sector average of $34B.

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Quarterly Gross Profit

$-849000.00
436.9% YoY

As of May 31, 2026

Annual Gross Profit (TTM)

$-953000.00
108.79% YoY

Trailing 12 months ending May 31, 2026

Average Gross Profit (Comparison Companies)

Gross Profit History

Gross Profit Comparison

Annual Gross Profit Growth Rate (%)

Annual Gross Profit Growth (Absolute)

Loop Industries (LOOP) FAQ

Loop Industries's gross profit stands at $-950K as of May 2026. That compares with $11M in the prior-year period — down 108.8% year over year. That is below the Materials sector average of $34B. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Loop Industries reported $-950K in gross profit versus $11M a year earlier — a 108.8% year-over-year decrease. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Loop Industries sits lower the Materials benchmark ($34B) with a gross profit of $-950K. That is roughly 100.0% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

That compares with $11M in the prior-year period — down 108.8% year over year. Sustained growth in gross profit can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Loop Industries's gross profit evolved across reporting periods, while the comparison chart places LOOP next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.