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Nasdaq · Healthcare

SkinHealth Systems Inc. (SKIN)

As-reported financials and SEC filings for SkinHealth Systems Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About SkinHealth Systems Inc.

SkinHealth Systems Inc. operates as a global medical aesthetics company offering an integrated ecosystem of skin health solutions. Its main products include the Hydrafacial treatment system, which uses patented technology to cleanse, extract, and hydrate skin, and complementary offerings such as SkinStylus microneedling devices and HydraScalp treatments for scalp health. The company serves consumers seeking professional skincare treatments and providers who deliver these services worldwide.

Snapshot

Revenue
$300.8M
Revenue growth (YoY)
-10.0%
Net income
$-9.5M
Diluted EPS
$-0.16
Gross margin
65.3%
Operating margin
-6.9%
Net margin
-3.2%
FCF margin
12.4%
ROE
-15.6%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$88.0M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at SkinHealth Systems

  • Revenue fell 10.0% to $301M in FY2025, after a 16.0% decline the year before.
  • Operating margin is -6.9% in FY2025, +8.4 pp against -15.4% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $72M, down 7.8% from Q2 FY2025.
  • Free cash flow was $37M in FY2025, 12.4% of revenue.
  • Net loss narrowed to $10M in FY2025, from $29M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where SkinHealth Systems’s fundamentals sit among the 88 medical device companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin65.3%
58th percentile of 77
Operating margin-6.9%
49th percentile of 80
Net margin-3.2%
58th percentile of 81
FCF margin12.4%
74th percentile of 74
Revenue growth (YoY)-10.0%
12th percentile of 87
ROE-15.6%
50th percentile of 79
Short interest16.84d
99th percentile of 88

SkinHealth Systems’s revenue growth of -10.0% ranks in the 12th percentile of the 87 medical device companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$6.9M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$5.2M7.5MAdded
D. E. ShawquantQ2 2026$991,8761.4MReduced
AQR Capital ManagementquantQ2 2026$335,106483.9KReduced
Renaissance TechnologiesquantQ2 2026$252,549364.7KAdded
Citadel AdvisorsquantQ2 2026$117,933170.3KAdded
Point72 Asset ManagementquantQ2 2026$32,22046.5KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
7.1M
settled 2026-08-14
Change vs prior
-6.9%
vs previous settlement
Days to cover
16.84
at avg daily volume
Avg daily volume
419.9K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-147.1M-6.9%16.84
2026-07-317.6M-13.3%9.24
2026-07-158.8M-10.2%1.00
2026-06-309.7M-21.8%4.70
2026-06-1512.5M-11.4%19.77
2026-05-2914.1M-13.5%9.26
2026-05-1516.2M-1.7%9.74
2026-04-3016.5M+5.6%23.09

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$300.8M$334.3M$398.0M$365.9M$260.1M
Gross profit$196.4M$182.3M$155.1M$248.8M$178.5M
Operating income$-20.8M$-67.8M$-130.9M$-25.8M$-39.9M
Net income$-9.5M$-29.1M$-100.1M$44.2M$-378.8M
Diluted EPS$-0.16$-0.36$-0.76$-0.23$-3.71

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$232.7M$370.1M$523.0M$568.2M$901.9M
Current assets$309.5M$477.1M$698.3M$783.3M$1.00B
Total assets$499.8M$685.7M$929.1M$1.00B$1.22B
Current liabilities$186.3M$68.2M$115.0M$71.7M$76.4M
Long-term debt$552.2M
Total liabilities$438.7M$633.9M$869.7M$836.0M$916.5M
Total equity$61.1M$51.8M$59.4M$167.1M$298.0M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$37.5M$16.1M$21.8M$-106.6M$-28.4M
Capital expenditure$303,000$756,000$3.8M$10.8M$11.2M
Free cash flow$37.2M$15.4M$17.9M$-117.4M$-39.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$72.1M-7.8%$-2.7M$-0.02
Q1 FY2026$64.9M-6.7%$-6.6M$-0.05
Q4 FY2025$82.4M-1.3%$-8.1M$-0.06
Q3 FY2025$70.7M-10.3%$-11.0M$-0.09
Q2 FY2025$78.2M-13.7%$19.7M
Q1 FY2025$69.6M-14.5%$-10.1M$-0.08
Q4 FY2024$83.5M-13.8%$-10.3M$-0.07
Q3 FY2024$78.8M-19.1%$-18.3M$-0.15

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorHealthcare
SIC industrySurgical & Medical Instruments & Apparatus
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2020
SEC CIK1818093

Selected SEC filings

10-K2026-03-12
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
10-Q2025-11-06
View on EDGAR →
8-K2026-08-14
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-06-22
View on EDGAR →
8-K2026-06-16
View on EDGAR →

Largest medical device peers

All medical device stocksAll Healthcare companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.