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Filing Flows › Pelthos Therapeutics (PTHS) › Q1 2026 › vs Q4 2025

Pelthos Therapeutics (PTHS) Q1 2026 vs Q4 2025 (quarter over quarter)

Pelthos Therapeutics's revenue rose $1.5M (+16%) from $9.4M in Q4 2025 to $10.9M in Q1 2026.

Pelthos Therapeutics, Q1 2026: revenue $10.9M, operating margin -120.0%, net loss $25.1M, operating cash flow −$13.1M. The chart draws each line against Q4 2025, the increases inside each band.

Pelthos Therapeutics: what changed, Q1 2026 vs Q4 2025Pelthos Therapeutics: what changed, Q1 2026 vs Q4 2025Cash used in operations$6.9MWorking capital & other−$5.1MInterest & other, net−$4.6MNet loss$3.4MOperating cash sources$3.4MNet loss absorbed$3.4MSG&A$2.6MOperating costs$2.6MCosts & expenses−$2.0MDepreciation & amortization$1.5M

Every line

LineQ1 2026Q4 2025Change%
Revenue$10.9M$9.4M$1.5M+16%
Net loss$25.1M$21.7M$3.4M+16%
Costs & expenses$36.0M$38.0M−$2.0M-5%
Operating costs$24.0M$21.4M$2.6M+12%
Interest & other, net$12.0M$16.6M−$4.6M-28%
Cost of revenue$1.7M$1.7M$1K+0.1%
Research & development$186K$374K−$188K-50%
SG&A$21.1M$18.5M$2.6M+14%
Other operating costs$1.0M$877K$154K+18%
Operating cash sources$25.1M$21.7M$3.4M+16%
Depreciation & amortization$1.5M$0$1.5M—
Share-based compensation$1.9M$1.8M$109K+6%
Working capital & other$8.5M$13.6M−$5.1M-37%
Cash used in operations$13.1M$6.3M$6.9M+110%
Net loss absorbed$25.1M$21.7M$3.4M+16%

Questions

How much did Pelthos Therapeutics's revenue grow quarter over quarter in Q1 2026?

Pelthos Therapeutics's revenue rose $1.5M (+16%) from $9.4M in Q4 2025 to $10.9M in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →