5 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 23.6% per year over the past 4 years.
Operating margin has contracted, at -80.0% in the latest year.
Financial health
Total debt ($137M) exceeds cash ($30M); net debt is $106M.
Total debt has grown slower than revenue (3.5% vs 23.6% per year).
The company is unprofitable; at its current free-cash-flow burn it has roughly 1.9 years of cash runway.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$272M
-$230M
67.3%
-80.0%
-$16M
$137M
$30M
2024
$274M
-$42M
70.0%
-21.4%
-$12M
$167M
$15M
2023
$218M
-$90M
64.9%
-37.6%
-$31M
$160M
$21M
2021
$142M
-$20M
61.4%
-1.1%
$3M
$119M
$13M
2020
$94M
-$2M
69.2%
0.6%
-$8M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Dec '21
—
-$19M
—
—
—
$119M
$13M
Sep '21
—
$8M
—
—
—
—
$335058
Jun '21
—
-$2M
—
—
—
—
$851860
Mar '21
—
-$1M
—
—
—
—
$1M
Valuation over time
How the market has priced WALD against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 6.6× (Mar '23) to 0.6× (Jun '26).
The dividend yield has fallen from 0.2% (Mar '23) to 0.2% (Dec '23).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is WALD growing its revenue and profit?
Over the past 4 years, Waldencast plc's revenue has grown 23.6% per year. These are computed facts, not advice.
How much debt does WALD have?
As of FY2025, Waldencast plc reported $137M of total debt against $30M of cash.
What is WALD's profit margin?
In FY2025, gross margin was 67.3%, operating margin -80.0%, and net margin -84.4%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.