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STRATA Skin Sciences (SSKN) investor relations material
STRATA Skin Sciences Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary13 Nov, 2025
Executive summary
Achieved highest average gross billings per device since Q4 2022, reaching $5,981 in Q3 2025, up 8.5% year-over-year, driven by increased device utilization and removal of non-productive devices.
Expanded addressable market with upcoming CPT code changes for XTRAC laser, effective January 2027, expected to triple patient population and significantly increase revenue opportunities.
Continued international expansion with TheraClearX, including first commercial placement and regulatory clearance in Mexico, despite ongoing international revenue challenges due to U.S. trade policy.
Litigation against competitors led to recovery of over 20 accounts, adding $1 million in annual revenue and reinforcing XTRAC's market position.
Published multiple peer-reviewed studies validating XTRAC's clinical outcomes in combination therapies for various skin conditions.
Financial highlights
Q3 2025 total revenue was $6.9 million, down 20–21% year-over-year, mainly due to international headwinds.
U.S. recurring XTRAC revenue grew 2.8% and global recurring revenue reached $5.5 million, up 3% year-over-year.
Equipment revenue dropped 60% to $1.4 million compared to Q3 2024.
Gross profit was $4.2 million (60% margin), with gross margin flat year-over-year.
Net loss improved to $1.6 million (EPS -$0.36) from $2.1 million (EPS -$0.51) in Q3 2024.
Adjusted EBITDA turned slightly positive versus negative $240,000 in the prior year period.
Outlook and guidance
Anticipates exponential improvements in device utilization and revenue with expanded reimbursement codes in 2027.
Expects a seasonally stronger Q4 2025 and continued growth in recurring revenue and device placements.
Management expects current cash, recent equity proceeds, and anticipated revenues to cover liquidity needs for at least 12 months.
The company cannot predict short-term revenues and expenses due to macroeconomic and geopolitical uncertainties.
Plans to approach 200 TheraClearX devices deployed by year-end 2025, with further expansion in Mexico.
Private payer CPT code expansion timeline?
What drives the 8.5% gross billing growth?
International business tariff mitigation plans?
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Next STRATA Skin Sciences earnings date
Q4 202527 Mar, 2026
Next STRATA Skin Sciences earnings date
Q4 202527 Mar, 2026
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Frequently asked questions
STRATA Skin Sciences, Inc. markets XTRAC and VTRAC excimer laser systems that enable physicians to treat skin conditions, such as psoriasis, vitiligo, and atopic dermatitis. It also develops Athelos, a therapeutic device to diminish pain, itching, and sleep interruption associated with various skin disorders by reducing the activity of mast cells; EPAT technology for orthopedics/musculoskeletal sector; OPAL-NX gas plasma lasers to treat actinic keratosis/squamous cell carcinoma in situ; MMS laser phototherapy devices; and radiofrequency microneedle fractional platforms. The company has a collaboration agreement with Galderma S.A.; and a licensing agreement with Tufts Medical Center for use of technology for the treatment of hypertrophic scars. STRATA Skin Sciences, Inc. was founded in 1989 and is headquartered in Horsham, Pennsylvania."
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