KELSO TECHNOLOGIES INC

Kelso Technologies Inc. reported its financial results for the quarter ended September 30, 2026. While revenue and gross profit decreased year-over-year due to industry-wide slowdowns in tank car deliveries, the company achieved a third consecutive quarterly decline in operating expenses, demonstrating effective cost management. A significant development was the AAR approval for the new 2" angle valve (K2AV), which is expected to boost revenue starting in fiscal 2027. The company maintained a stable financial position with no term debt.

Kelso Technologies Inc. reported a Q2 2026 net loss of $(330,857) from continuing operations, compared to a net income of $70,705 in Q2 2025. Revenue for the quarter increased 28% sequentially to $2.25 million, which management noted as an expected operational trough. The company is focusing on cost management and preparing for the commercial launch of its new Angle Valve, anticipating a recovery in tank car builds in 2027 and 2028.

Kelso Technologies Inc. announced the detailed voting results from its Annual General Meeting held on June 4, 2026. Shareholders elected five directors to hold office until the next annual meeting and approved the appointment of CBIZ CPAs P.C. as auditors for the ensuing year. Following the meeting, the company also appointed its key officers, including Jesse Crews as CEO and Sameer Uplenchwar as CFO.

Kelso Technologies Inc. reported a net loss of $427,070, or $0.01 per share, on revenues of $1,749,058 for Q1 2026, a significant decrease from $3,158,074 in revenue and a net income of $504,982 in Q1 2025. The company maintained a solid financial position with $5.5 million in total assets and $2.14 million in working capital, despite a challenging quarter marked by industry-wide tank car delivery declines. Subsequent to quarter-end, Jesse Crews was appointed Chief Executive Officer as part of an orderly senior leadership succession, with the company focusing on cost discipline and product diversification for the remainder of 2026.