The flat revenue and reaffirmed guidance suggest a stabilization narrative, but the lack of growth and declining adjusted EBITDA margin limit upside. Watch for Q2 seasonal strength and any change in case volume trajectory as a catalyst. The ATM offering overhang is partially offset by debt paydown.
Price Chart
Executive Summary
AirSculpt Technologies reported Q1 2026 revenue of $39.4M (flat YoY) and a GAAP net loss of -$0.03 per share, in line with the consensus estimate of -$0.02. Same-center sales increased 1%, but adjusted EBITDA declined to $3.3M from $3.8M a year ago. The company reaffirmed its full-year 2026 guidance of $151M-$157M revenue and $15M-$17M adjusted EBITDA, signaling stabilization but no acceleration.
Key Financial Metrics
Key Facts
- Q1 2026 revenue flat at $39.4M vs $39.4M YoY
- GAAP EPS -$0.03 vs consensus -$0.02 (in-line)
- Same-center sales increased 1% YoY
- Adjusted EBITDA declined to $3.3M from $3.8M YoY (margin 8.4% vs 9.5%)
- Full-year 2026 guidance reaffirmed: revenue $151M-$157M, adjusted EBITDA $15M-$17M
- Cash position improved to $16.7M from $8.4M at year-end; gross debt $45.6M
- Raised $14.6M via ATM offering in Q1, paid down $11.4M of debt
Financial Impact
Revenue flat at $39.4M; net loss improved to -$2.4M from -$2.8M; adjusted EBITDA fell $0.5M to $3.3M
Risk Factors
- Continued case volume stagnation or decline
- Adjusted EBITDA margin compression from higher SG&A costs
- Potential dilution from ongoing ATM equity issuance
- Competition from GLP-1 weight loss drugs impacting demand for body contouring
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001870940-26-000026 |
| Document: airs-20260508.htm | 0001870940-26-000026 |
| Document: 0001870940-26-000026-index-headers.html | 0001870940-26-000026 |
| Document: 0001870940-26-000026-index.html | 0001870940-26-000026 |
| Document: 0001870940-26-000026.txt | 0001870940-26-000026 |
| 8-K Data (Synthetic) | 0001870940-26-000026 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 15, 2026 10w ago | Institutional Cluster | $3.09 $2.13 | ▼ −30.96% | ▼ −28.98% | $1.27 (−58.83%) |
Aug 10, 2026 11w ago | 8-K | $2.75 $2.71 | ▲ +1.64% | ▲ +0.72% | $1.27 (+53.82%) |
Aug 10, 2026 11w ago | Press Release | $2.75 $2.71 | ▲ +1.64% | ▲ +0.72% | $1.27 (+53.82%) |
May 8, 2026 24w ago | 8-K | $3.86 $5.11 | ▲ +32.38% | ▲ +32.36% | $1.27 (−67.10%) |
May 8, 2026 24w ago | Press Release | $3.86 $5.11 | ▼ −32.38% | ▼ −32.36% | $1.27 (+67.10%) |
May 1, 2026 25w ago | Press Release | $3.32 $5.30 | ▲ +59.64% | ▲ +54.35% | $1.27 (−61.75%) |
Apr 6, 2026 29w ago | 10-K/A | $3.10 $3.44 | ▼ −10.97% | ▼ −1.98% | $1.27 (+59.03%) |
Apr 6, 2026 29w ago | Press Release | $3.10 $3.44 | ▼ −10.97% | ▼ −1.98% | $1.27 (+59.03%) |
Apr 2, 2026 29w ago | 8-K | $3.17 $2.68 | ▲ +15.46% | ▲ +25.33% | $1.27 (+59.94%) |
Apr 2, 2026 29w ago | Press Release | $3.17 $2.68 | ▲ +15.46% | ▲ +25.33% | $1.27 (+59.94%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers