The revenue decline and net loss signal near-term weakness; watch for next quarter's revenue stabilization and progress on operational efficiency. The stock may face selling pressure given the deteriorating fundamentals.
Price Chart
Executive Summary
Solésence reported Q1 2026 revenue of $12.96M, down 11.4% YoY from $14.63M, and swung to a net loss of $0.77M from net income of $0.08M in the prior year. Despite a 300 bps gross margin improvement to 26%, the revenue decline and operating loss highlight ongoing challenges as the company invests in its Transform and Transcend strategic initiative.
Key Financial Metrics
Key Facts
- Revenue fell 11.4% YoY to $12.96M from $14.63M.
- Net loss of $0.77M vs net income of $0.08M in Q1 2025.
- Gross margin improved to 26% from 23%.
- Adjusted EBITDA was -$0.11M vs $0.61M a year ago.
- Company is investing in operational restructuring under Transform and Transcend initiative.
Financial Impact
Revenue decline of ~$1.7M and net income swing of -$0.85M.
Risk Factors
- Continued revenue decline from customer concentration or market share loss.
- Cash burn (cash down 55% to $0.57M) may require financing or debt restructuring.
- Restructuring costs may further pressure near-term profitability.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3292790 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | 8-K | $0.8000 | awaiting T+20 | — | $0.8199 (+2.49%) |
Aug 21, 2026 9w ago | 8-K | $0.9500 $0.8141 | ▲ +14.31% | ▲ +13.78% | $0.8199 (+13.69%) |
Aug 20, 2026 9w ago | 8-K | $0.9907 $0.8036 | ▲ +18.89% | ▲ +18.89% | $0.8199 (+17.24%) |
Aug 19, 2026 9w ago | Press Release | $0.9907 $0.8036 | ▲ +18.89% | ▲ +18.89% | $0.8199 (+17.24%) |
Aug 10, 2026 11w ago | Press Release | $1.02 | awaiting T+20 | — | $0.8199 (−19.62%) |
Jul 28, 2026 12w ago | Press Release | $0.9300 $0.9499 | ▲ +2.14% | ▼ −2.88% | $0.8199 (−11.84%) |
Jul 10, 2026 15w ago | 8-K | $0.6790 $1.04 | ▲ +52.43% | ▲ +49.25% | $0.8199 (+20.75%) |
May 12, 2026 24w ago | 8-K | $1.24 $1.12 | ▲ +9.68% | ▲ +7.95% | $0.8199 (+33.88%) |
May 12, 2026 24w ago | Press Release | $1.24 $1.12 | ▲ +9.68% | ▲ +7.95% | $0.8199 (+33.88%) |
Apr 28, 2026 25w ago | Press Release | $1.30 $1.32 | ▲ +1.54% | ▼ −4.51% | $0.8199 (−36.93%) |
US Market Status
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