NASDAQ$DERM

Journey Medical Corp · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Journey Medical reported a revenue increase in Q3 2025 driven by strong Emrosi performance, though the company posted a net loss.

Journey Medical achieved strong year-over-year revenue growth in Q3 2025, largely fueled by the launch and commercial momentum of Emrosi. Despite higher revenues and improving margins, the company reported a net loss of $2.3M.

  • Revenue rose to $17.6 million, up 21% YoY due to Emrosi sales
  • Emrosi generated $4.9 million in net revenue during Q3
  • Gross margin improved sequentially to 67.4%
  • Adjusted EBITDA reached $1.7 million, up from $0.3 million in Q3 2024

Headline financials

Total Revenue

$17.6M

Previous: $14.6M+20.5%
EPS (adj)

-$0.09

Previous: -$0.12+25.0%
Net Income

-$2.32M

Previous: -$2.39M+3.1%
Operating Income

-$1.53M

Previous: -$2.89M+47.2%
Gross Profit

$11.9M

Previous: $9.34M+27.1%

Revenue & EPS history

Journey Medical · Revenue · Quarterly

$17.6M

Q3 2025+20.5%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

No formal financial guidance was provided, but the company emphasized Emrosi’s growth trajectory and operational leverage potential.

Tailwinds

  • Strong launch and growth of Emrosi with 146% increase in prescriptions QoQ
  • Gross margin expansion over consecutive quarters
  • Adjusted EBITDA turned positive year-over-year
  • Cash position increased to $24.9 million
  • Over 100 million commercial lives now covered for Emrosi

Headwinds

  • Net loss of $2.3 million reported for the quarter
  • Operating loss of $1.5 million despite revenue growth
  • No forward-looking revenue or profit guidance provided
  • SG&A expenses rose due to Emrosi commercialization
  • Gross margin declined YoY due to one-time favorable items in prior year

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-2.3%

Avg return

Earnings day

-1.3%

Avg return

5 days after

+3.7%

Avg return

30 days after

41%

9 / 22 earnings

Positive

+22.0%

Q1 2025

Best reaction

-26.8%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+3.0%+24.4%
Q4 2025-26.8%-31.3%-24.6%
Q3 2025-15.3%-12.4%-15.5%
Q1 2025+22.0%+15.2%+13.6%
Q4 2024-3.6%-2.8%+21.7%
Q3 2024-8.2%-7.5%-9.3%
Q2 2024-3.2%-11.0%-3.8%
Q1 2024+2.8%-1.7%+69.2%
Q4 2023-14.1%-3.9%-9.4%
Q3 2023+15.7%+14.8%+105.5%
Q2 2023+14.0%+4.7%+21.5%
Q1 2023-10.1%-23.2%+44.9%
Q4 2022+3.1%+13.1%+26.3%
Q3 2022-8.7%-9.2%-27.2%
Q2 2021-4.3%-7.0%-30.1%
Q2 2022-4.3%-7.0%-30.1%
Q1 2022-12.3%+5.1%+0.8%
Q1 2021-12.3%+5.1%+0.8%
Q4 2021+5.4%+6.1%-1.8%
Q3 2020+3.4%-0.1%-24.3%
Q4 2020+3.4%-0.1%-24.3%
Q3 2021+0.0%+0.0%-25.5%
Q2 2020
Q1 2020
Q3 2019
Q2 2019
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014

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