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Solesence (SLSN) investor relations material
Solesence Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 revenue rose 38% YoY to $20.163M; net income was $3.670M versus a $1.016M loss in Q3 2025.
The primary operational-excellence investment and implementation phase was completed, supporting capacity, efficiency, and scalable growth.
Financial highlights
Q3 gross profit was $7.928M versus $3.474M; operating income was $4.036M versus an operating loss of $0.677M.
Q3 gross margin increased 1,550 bps YoY to 39.3% from 23.8%, primarily on improved overall equipment effectiveness.
Nine-month revenue was $48.453M versus $49.581M, down 2.3% as reported; nine-month net income was $2.478M versus $2.536M.
Nine-month cost of revenue fell to $32.708M from $36.043M as production efficiency improved; YTD direct labor costs fell by over $2M and indirect labor by over $400K YoY.
Outlook and guidance
Year-end shipped and on-hand orders are expected to be at least $65M; 2026 is expected to deliver a third consecutive record in revenue and profitability.
Full-year gross profit guidance remains at a 30% floor; EBITDA margin is expected slightly below the previously communicated double-digit target, with Q4 well above H1 levels.
Management expects growth in 2027 and greater growth in 2028, but described this as a forward view, not official guidance; EBITDA above 20% is a longer-term ambition.
2026 capital spending for known needs is expected at $0.5M–$1.5M, depending on project progress and market conditions; actual spend may fall outside the range.
- Q2 2026 revenue fell 25% to $15.3M, with net loss and restated financials from inventory errors.SLSN
Q2 2026 - Gross margin rose to 26% despite lower revenue, with $47M in orders and efficiency gains supporting outlook.SLSN
Q1 2026 - 2025 revenue hit $62.1M, with improved Q4 margins but lower annual net income.SLSN
Q4 2025 - Director elections, auditor ratification, and governance updates headline the annual meeting.SLSN
Proxy Filing - Annual meeting to elect directors, approve new equity plan, and ratify auditor, with Board support.SLSN
Proxy Filing - Record Q3 revenue, profit, and margin gains fueled by Solésence's exceptional growth.SLSN
Q3 2024 - Record Q2 revenue and profit, with Solésence driving 44% year-over-year growth.SLSN
Q2 2024 - Q1 revenue up 48% to $14.6M; margins fell on launch costs but recovery is expected.SLSN
Q1 2025 - Record revenue, margin gains, and Nasdaq uplisting plans highlight robust growth outlook.SLSN
Q4 2024
Next Solesence earnings date
Next Solesence earnings date
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