| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 5.49 | 32.8% |
| Total Income | 5.49 | 32.8% |
| Expenditure | 6.06 | 2.6% |
| PBT | -2.58 | 400.0% |
| Net Profit | -2.57 | 392.1% |
| OPM | -10.32% | 34.16pp |
| NPM | -46.77% | 57.49pp |
| EPS | -0.23 | 330.0% |
Synergy CHC Corp. Reports Q1 2026 Revenue of $5.49 million
14 May 2026 · 14 May, 6:07 pm
Summary
Synergy CHC Corp. announced its financial results for the three months ended March 31, 2026. Revenue for the first quarter of 2026 was $5.49 million, compared to $8.17 million in the first quarter of 2025. The decrease in revenue was attributed to the absence of license revenue from 2025 and out-of-stock issues for key online items. The company's net loss for the quarter was $2.57 million, compared to a net income of $0.88 million in the same period last year. CEO Jack Ross stated that the company's functional beverage business is showing growing momentum, with revenue exceeding $650,000 for the quarter.
Key Highlights
- 1
Synergy CHC Corp. reported revenue of $5.49 million for the first quarter of 2026, compared to $8.17 million in the first quarter of 2025.
- 2
The company's gross margin was 72.3% in Q1 2026, versus 75.4% in Q1 2025.
- 3
Synergy CHC Corp. reported a net loss of $2.57 million in the first quarter of 2026, compared to a net income of $0.88 million in the first quarter of 2025.
- 4
The company's EBITDA loss was $0.54 million in Q1 2026, compared to an EBITDA of $1.98 million in Q1 2025.
- 5
Adjusted EBITDA loss was $0.35 million in Q1 2026, compared to an adjusted EBITDA of $1.98 million in Q1 2025.
- 6
Functional beverage revenue exceeded $650,000 during the quarter, surpassing the total beverage revenue for all of 2025.
Management Comments
Jack Ross
“Our first quarter results reflect continued execution and the growing momentum of our functional beverage business,” said Jack Ross, CEO of Synergy CHC Corp. “During the quarter, we generated over $650,000 in functional beverage revenue, exceeding our total beverage revenue for all of 2025. This performance reflects the success of our expanding retail and distribution partnerships across the U.S., supported by healthy sell-through that is already driving increased reorder activity. Reflecting this momentum, our beverage division is operating at an estimated annual run rate exceeding $4 million. With this foundation in place and continued expansion of our distribution footprint underway, we believe we are well-positioned to capture the significant growth opportunities emerging within the functional beverage sector. With solid early-year momentum and a clear strategic path, we expect 2026 to be a year of sustainable growth and value creation for our shareholders.”
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