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Solesence (SLSN) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 12, 2025

Solesence (SLSN) reported revenue of $14.6M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -28% from the quarter before. Operating margin was -5.4%, net loss $1.1M (7.7% of revenue).

Revenue$14.6M
Year over year-13%
Quarter over quarter-28%
Operating margin-5.4%
Net earnings−$1.1M

Solesence, Q3 2025: revenue $14.6M (-14% year over year), operating margin -5.4%, net loss $1.1M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$14.6M-28%-13%
Operating profit−$781K-141%—
Net earnings−$1.1M-142%—
Operating cash flow−$2.5M——

What changed

Revenue was $14.6M in Q3 2025, down 13% year over year and down 28% from the previous quarter. Consumer Products was the largest line at 96% of revenue. Personal Care ingredients lost $2.5M year over year (down 87%), 108% of the total change.

Gross margin was 23.1%, down 13.1 points from a year earlier. Operating costs exceeded revenue by $781K, an operating margin of -5.4%. Operating expenses grew 43% against a revenue fall of 13%. The fastest-growing cost line was SG&A (+59%). The quarter ended with a net loss of $1.1M, after a profit of $2.7M the previous quarter.

Operating cash flow was −$2.5M. Non-cash charges added back $225K of depreciation and amortization and $122K of share-based compensation. Working capital and other items used $1.7M.

Questions

What was Solesence's revenue in the third quarter 2025?

Solesence (SLSN) reported revenue of $14.6M for the third quarter 2025 (Q3 2025), -13% from a year earlier and -28% from the quarter before.

Was Solesence profitable in the third quarter 2025?

Operating loss was $781K (-5.4% of revenue) and net loss $1.1M.

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Source: Solesence 10-Q on SEC EDGAR.