Earnings ·
SkinHealth Systems reports Q3 net loss of $0.9M and retires $103.2M in debt
SKINSkinHealth Systems Inc.
SkinHealth Systems reported a net loss of $0.9 million for the third quarter ended September 30, 2026, compared to an $11.0 million loss in the prior year period. Total net sales decreased 2.1% to $69.2 million, driven by lower delivery systems sales as the company placed 798 units versus 875 a year ago. Adjusted EBITDA improved to $13.4 million from $8.9 million, supported by higher gross margins and reduced operating expenses. The company also retired its remaining $103.2 million in outstanding convertible senior notes on September 30, 2026. Additionally, SkinHealth Systems effected a 1-for-20 reverse stock split of its Class A Common Stock effective October 14, 2026. The company operates in the global medical aesthetics industry, providing integrated skincare solutions and devices anchored by its Hydrafacial brand.