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Journey Medical (DERM) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 12, 2025

Journey Medical (DERM) reported revenue of $15.0M for the second quarter 2025 (Q2 2025), +1% from a year earlier and +14% from the quarter before. Operating margin was -19.2%, net loss $3.8M (25.3% of revenue).

Revenue$15.0M
Year over year+1%
Quarter over quarter+14%
Operating margin-19.2%
Net earnings−$3.8M

Journey Medical, Q2 2025: revenue $15.0M (+1% year over year), operating margin -19.2%, net loss $3.8M, operating cash flow −$942K. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$15.0M+14%+1%
Operating profit−$2.9M——
Net earnings−$3.8M——
Operating cash flow−$942K——

What changed

Revenue was $15.0M in Q2 2025, up 1% year over year and up 14% from the previous quarter. Qbrexza was the largest line at 46% of revenue. Qbrexza added $113K year over year (up 2%), 73% of the total change. Accutane declined 41%.

Operating costs exceeded revenue by $2.9M, an operating margin of -19.2%. Total costs grew 1% against revenue growth of 1%. The fastest-growing cost line was SG&A (+15%). The quarter ended with a net loss of $3.8M, narrower than the previous quarter's $4.1M loss.

Operating cash flow was −$942K. Non-cash charges added back $1.3M of share-based compensation. Working capital and other items added $1.5M.

Questions

What was Journey Medical's revenue in the second quarter 2025?

Journey Medical (DERM) reported revenue of $15.0M for the second quarter 2025 (Q2 2025), +1% from a year earlier and +14% from the quarter before.

Was Journey Medical profitable in the second quarter 2025?

Operating loss was $2.9M (-19.2% of revenue) and net loss $3.8M.

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Source: Journey Medical 10-Q on SEC EDGAR.