Filing Flows › SkinHealth Systems (SKIN) › Q1 2026
SkinHealth Systems (SKIN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
SkinHealth Systems (SKIN) reported revenue of $64.9M for the first quarter 2026 (Q1 2026), -7% from a year earlier and -21% from the quarter before. Operating margin was -2.8%, net loss $6.6M (10.2% of revenue).
SkinHealth Systems, Q1 2026: revenue $64.9M (-7% year over year), operating margin -2.8%, net loss $6.6M, operating cash flow −$5.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $64.9M | -21% | -7% |
| Operating profit | −$1.8M | -1212% | — |
| Net earnings | −$6.6M | — | — |
| Operating cash flow | −$5.6M | -137% | -285% |
What changed
Revenue was $64.9M in Q1 2026, down 7% year over year and down 21% from the previous quarter. Consumables was the largest line at 71% of revenue. Consumables lost $3.0M year over year (down 6%), 64% of the total change.
Gross margin was 68.5%, down 1.4 points from Q1 2025. Operating costs exceeded revenue by $1.8M, an operating margin of -2.8%. Operating expenses fell 24% while revenue fell 7%. The fastest-growing cost line was Research & development (+10%). The quarter ended with a net loss of $6.6M, narrower than the previous quarter's $8.1M loss. Net interest and other expense of $5.0M was the main reason.
Operating cash flow was −$5.6M. Non-cash charges added back $4.1M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items used $5.1M. Capital expenditures of $224K exceeded it, leaving free cash flow of −$5.8M.
Questions
What was SkinHealth Systems' revenue in the first quarter 2026?
SkinHealth Systems (SKIN) reported revenue of $64.9M for the first quarter 2026 (Q1 2026), -7% from a year earlier and -21% from the quarter before.
Was SkinHealth Systems profitable in the first quarter 2026?
Operating loss was $1.8M (-2.8% of revenue) and net loss $6.6M.
Source: SkinHealth Systems 10-Q on SEC EDGAR.