10q10k10q10k.net
SOLESENCE, INC.

SOLESENCE, INC.SLSNEarnings & Financial Report

Nasdaq

SLSN Q3 2025 Key Financial Metrics

Revenue

$14.6M

Gross Profit

$3.4M

Operating Profit

$-781.0K

Net Profit

$-1.1M

Gross Margin

23.1%

Operating Margin

-5.4%

Net Margin

-7.7%

YoY Growth

-13.5%

EPS

$-0.02

Financial Flow

SOLESENCE, INC. Q3 2025 Financial Summary

SOLESENCE, INC. reported revenue of $14.6M for Q3 2025, with a net profit of $-1.1M (-7.7% margin). Cost of goods sold was $11.2M, operating expenses totaled $4.2M.

Key Financial Metrics

Total Revenue$14.6M
Net Profit$-1.1M
Gross Margin23.1%
Operating Margin-5.4%
Report PeriodQ3 2025

SOLESENCE, INC. Annual Revenue by Year

SOLESENCE, INC. annual revenue history includes year-by-year totals (for example, 2024 revenue was $52.3M).

YearAnnual Revenue
2024$52.3M
2023$37.3M
2022$37.3M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$8.0M$9.9M$13.0M$16.9M$12.6M$14.6M$20.4M$14.6M
YoY Growth-3.0%4.3%9.9%111.9%56.9%48.2%56.1%-13.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$32.9M$38.5M$40.8M$48.0M$50.0M$57.0M$60.0M$54.0M
LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/A
Equity$1.9M$5.0M$11.9M$15.2M$14.9M$15.2M$18.2M$17.2M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-2.6M$-3.9M$-565000$4.2M$2.2M$-7.2M$-654000$-2.5M