Loop Industries's gross profit is $-950K, below the Materials sector average of $46B.
Get informed when a big investor buys or sells
+ FollowAs of May 31, 2026
Trailing 12 months ending May 31, 2026
Loop Industries posts a gross profit of $-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 $46B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Loop Industries's gross profit was $11M. The latest reading is $-950K — a 108.8% year-over-year decrease (period ending May 2026). Use the history and growth charts on this page for a longer lookback.
For Materials stocks, a gross profit near $46B is typical. Loop Industries's $-950K is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Gross Profit is one piece of Loop Industries's financial statement story. At $-950K, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.
Context for LOOP's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $46B), and (3) consistency with growth and profitability. This page covers the first two; Loop Industries's other metric pages and overview cover the third.