Solésence Reports Record Third Quarter 2026 Financial Results
Globe Newswire•12/11/2026•16:05 ET
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Key Highlights
- ➤Q3 revenue $20.2 million, up 38% year-over-year
- ➤Q3 net income $3.7 million, versus $1.0 million loss
- ➤Q3 gross margin 39.3%, up from 23.8%
- ➤Adjusted EBITDA $4.308 million, versus $(0.345) million
- ➤Cash $1.270 million at September 30, down from $1.288 million
Expert Statements
Kevin Cureton, President and CEO of Solésence
“We’re very pleased that Solésence delivered solid top line growth as well as steady operational and strategic progress in the third quarter, driven by key milestones across our Transform and Transcend framework.”
Kevin Cureton, President and CEO of Solésence
“Most notably, we reached a major turning point by completing the primary investment and implementation phase of our first pillar, operational excellence.”
Kevin Cureton, President and CEO of Solésence
“This elevated capacity and efficiency position us to meet robust demand from our brand partners today while seamlessly scaling for tomorrow.”
Kevin Cureton, President and CEO of Solésence
“Paired with our continued innovation in novel formulations and expanding global presence, Solésence is uniquely positioned to deliver long-term, profitable growth and lead the market in meeting evolving consumer needs.”
Laura Riffner, Chief Financial Officer of Solésence
“By pairing record revenue and net income with strong margin expansion, we have positioned Solésence for sustained growth.”
Laura Riffner, Chief Financial Officer of Solésence
“The operational and financial improvements achieved throughout 2026 provide a strong foundation as we look ahead to 2027.”
Third quarter revenue increases 38% year-over-year to $20.2 million
Third quarter net income of $3.7 million highest in company’s history
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