Kelso reports Q1 loss amid industry downturn but sees recovery signs and plans new product launch in 2026

Kelso Technologies reported a net loss of $427,070 in Q1 2026 due to reduced tank car orders and elevated non-recurring expenses, reflecting a challenging industry downturn. Despite this, the company maintained strong financial health with $209,459 cash and $2.1 million working capital, and completed leadership succession. Management expects Q1 to be the operational low point, with improving order flow and momentum entering Q2. Kelso plans to launch a new Angle Valve in 2026 and focuses on diversifying products and cost discipline to prepare for a market recovery in 2027-2028.