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Solesence (SLSN) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 19, 2026

Solesence (SLSN) reported revenue of $15.3M for the second quarter 2026 (Q2 2026), -25% from a year earlier and +18% from the quarter before. Operating margin was 0.8%, net loss $158K (1.0% of revenue).

Revenue$15.3M
Year over year-25%
Quarter over quarter+18%
Operating margin0.8%
Net earnings−$158K

Solesence, Q2 2026: revenue $15.3M (-25% year over year), operating margin 0.8%, net loss $158K, operating cash flow $191K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$15.3M+18%-25%
Operating profit$121K—-94%
Net earnings−$158K—-106%
Operating cash flow$191K-87%—

What changed

Revenue was $15.3M in Q2 2026, down 25% year over year and up 18% from the previous quarter. Consumer Products was the largest line at 93% of revenue. Consumer Products lost $3.3M year over year (down 19%), 66% of the total change.

Gross margin was 31.0%, down 0.7 points from Q2 2025. Operating profit was $121K, a 0.8% margin (down 11.4 points year over year). Operating expenses grew 17% against a revenue fall of 25%. The fastest-growing cost line was SG&A (+22%). The quarter ended with a net loss of $158K, narrower than the previous quarter's $1.0M loss. Net interest and other expense of $279K was the main reason.

Operating cash flow was $191K. Non-cash charges added back $323K of depreciation and amortization and $79K of share-based compensation. Working capital and other items used $53K.

Questions

What was Solesence's revenue in the second quarter 2026?

Solesence (SLSN) reported revenue of $15.3M for the second quarter 2026 (Q2 2026), -25% from a year earlier and +18% from the quarter before.

Was Solesence profitable in the second quarter 2026?

Operating profit was $121K (0.8% of revenue) and net loss $158K.

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Source: Solesence 10-Q on SEC EDGAR.