Journey Medical Q1 revenue rises 21% to $16.0 million; net loss narrows
Journey Medical reported first-quarter 2026 results for the three months ended March 31, 2026. Total revenue rose 21% to $16.0 million and the net loss narrowed to $2.2 million, or $(0.08) per share, from $4.1 million, or $(0.18) per share, a year earlier. Gross margin fell to 61.0% because of a $1.3 million non-cash inventory write-down tied to a 2021 Qbrexza asset acquisition.
Key points
- Total revenue was $16.0 million, up from $13.1 million in the first quarter of 2025.
- Emrosi revenue was $6.3 million, compared with $2.1 million a year earlier.
- Gross margin decreased to 61.0% from 63.5%, mainly due to a $1.3 million non-recurring non-cash charge.
- Cash and cash equivalents were $27.2 million at March 31, 2026, up from $24.1 million at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 13, 2026.
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