Waldencast plc Warrant (WALDW) Financials
Newest figures come from the 10-K for FY2025, filed Mar 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the WALDW SEC filings page.
Waldencast plc Warrant (WALDW) reported $272.1M in revenue for fiscal year 2025, down 0.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Stable sales now sit beneath an expense structure that produces large accounting losses without comparable cash consumption.
Revenue was nearly flat from FY2024 to FY2025, yet gross margin slipped from70.0% to67.3% , so deterioration was not primarily a volume problem. Gross profit remained below SG&A, and that spread produced an operating loss of$218M , identifying the expense burden as the dominant mechanic.
The cash conversion gap is unusually wide: a net loss of
Total assets fell from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Waldencast plc Warrant's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Waldencast plc Warrant has an operating margin of -80.0%, meaning the company loses $80 on every $100 of revenue. This results in a profitability score of 16/100. This is down from -21.4% the prior year.
Waldencast plc Warrant's revenue declined 0.7% year-over-year, from $273.9M to $272.1M. This contraction results in a growth score of 69/100.
Waldencast plc Warrant carries a low D/E ratio of 0.29, meaning only $0.29 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.
Waldencast plc Warrant's current ratio of 1.70 indicates adequate short-term liquidity, earning a score of 50/100. The company can meet its near-term obligations, though with limited headroom.
Waldencast plc Warrant's operations used $12.8M of cash, and capex of $3.4M added to the outflow, for a free cash flow shortfall of $16.2M. This results in a cash flow score of 14/100.
Waldencast plc Warrant posts a -49.7% return on equity (ROE), meaning it loses $50 for every $100 of shareholders' equity. This results in a returns score of 18/100. This is down from -6.4% the prior year.
Waldencast plc Warrant passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Waldencast plc Warrant reported a net loss of $229.7M while operations used $12.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Waldencast plc Warrant reported an operating loss of $217.5M against $25.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2025.
Cash & Balance Sheet
Waldencast plc Warrant held $30.4M in cash against $135.8M in long-term debt as of Q4 2025.
Not reported for Q4 2025.
Not reported for Q4 2025.
Margins & Returns
None of these metrics is reported for Q4 2025.
Capital Allocation
None of these metrics is reported for Q4 2025.
WALDW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
WALDW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2510-K | Q2'2510-Q | Q4'2410-K | Q2'2410-Q | Q4'2310-Q | Q4'2210-K | Q3'2210-Q | Q1'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $746.2M-23.5% | $797.7M-21.3% | $975.9M-6.4% | $1.0B | $1.0B-4.3% | $1.1B+490.6% | N/A | $346.3M-0.2% |
| Current Assets | $126.9M+22.5% | $105.3M-1.7% | $103.6M-3.5% | $107.2M | $107.3M+17.9% | $91.0M+54.2% | N/A | $1.3M-36.7% |
| Cash & Equivalents | $30.4M+105.2% | $9.0M-54.4% | $14.8M-29.8% | $19.7M | $21.1M+142.6% | $8.7M-32.1% | $6.5M+1833.1% | $1.1M-24.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $54.6M+2.8% | $59.1M+16.7% | $53.1M-4.6% | $50.7M | $55.7M+2.4% | $54.4M+151.6% | N/A | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $177.6M-46.1% | $177.6M-46.9% | $329.6M-1.5% | $334.6M | $334.6M0.0% | $334.6M+652.1% | N/A | N/A |
| Total Liabilities | $246.1M+0.1% | $248.8M-1.7% | $245.9M-10.1% | $253.2M | $273.4M-5.8% | $290.2M+99.6% | N/A | $398.1M+2.5% |
| Current Liabilities | $74.5M-3.0% | $68.8M-5.5% | $76.9M+22.6% | $72.8M | $62.7M-13.5% | $72.5M+77.7% | N/A | $1.8M+198.7% |
| Non-Current Liabilities | $171.5M+1.5% | $180.0M-0.2% | $169.0M-19.8% | $180.4M | $210.7M-3.2% | $217.7M+108.2% | N/A | $396.3M+2.2% |
| Long-Term Debt | $135.8M-1.0% | $163.2M+12.3% | $137.1M-9.3% | $145.3M | $151.3M-5.0% | $159.2M+54.0% | N/A | N/A |
| Total Equity | $461.9M-30.3% | $549.0M-11.3% | $662.3M+6.0% | $618.6M | $624.6M-2.3% | $639.2M+1529.1% | N/A | -$51.8M-24.6% |
| Retained Earnings | -$519.0M-79.4% | -$458.6M-78.6% | -$289.2M-17.2% | -$256.8M | -$246.8M-57.4% | -$156.8M-141.8% | N/A | -$51.8M-4234.0% |
Not reported in any period shown, so not listed: Accounts Receivable.
WALDW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
WALDW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Waldencast plc Warrant WALDW | FY2025 | $272.1M | -$229.7M | -84.4% | N/A | 39/100 |
| Big Tree Cloud Holdings Limited Warrants DSYWW | FY2025 | $2.6M | -$32.5M | N/A | N/A | 8/100 |
| LONGEVITY HEALTH HLDGS WT XAGEW | FY2025 | $1.9M | -$6.9M | N/A | N/A | 54/100 |
| United-Guardian, Inc. UG | FY2025 | $10.5M | $2.1M | 20.0% | $32.9M | 76/100 |
| Raytech Holding Limited RAY | FY2026 | $18.2M | $2.1M | 11.7% | $16.4M | 61/100 |
Where Waldencast plc Warrant Ranks
Frequently Asked Questions
What is Waldencast plc Warrant's annual revenue?
Waldencast plc Warrant (WALDW) reported $272.1M in total revenue for fiscal year 2025. This represents a -0.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Waldencast plc Warrant's revenue growing?
Waldencast plc Warrant (WALDW) revenue declined by 0.7% year-over-year, from $273.9M to $272.1M in fiscal year 2025.
Is Waldencast plc Warrant profitable?
No, Waldencast plc Warrant (WALDW) reported a net income of -$229.7M in fiscal year 2025, with a net profit margin of -84.4%.
What is Waldencast plc Warrant's EBITDA?
Waldencast plc Warrant (WALDW) had EBITDA of -$214.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Waldencast plc Warrant have?
As of fiscal year 2025, Waldencast plc Warrant (WALDW) had $30.4M in cash and equivalents against $135.8M in long-term debt.
What is Waldencast plc Warrant's gross margin?
Waldencast plc Warrant (WALDW) had a gross margin of 67.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Waldencast plc Warrant's operating margin?
Waldencast plc Warrant (WALDW) had an operating margin of -80.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Waldencast plc Warrant's net profit margin?
Waldencast plc Warrant (WALDW) had a net profit margin of -84.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Waldencast plc Warrant's return on equity (ROE)?
Waldencast plc Warrant (WALDW) has a return on equity of -49.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Waldencast plc Warrant's free cash flow?
Waldencast plc Warrant (WALDW) recorded an outflow of $16.2M in free cash flow during fiscal year 2025. This represents a -40.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Waldencast plc Warrant's operating cash flow?
Waldencast plc Warrant (WALDW) recorded an outflow of $12.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Waldencast plc Warrant's total assets?
Waldencast plc Warrant (WALDW) had $746.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Waldencast plc Warrant's capital expenditures?
Waldencast plc Warrant (WALDW) invested $3.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Waldencast plc Warrant's current ratio?
Waldencast plc Warrant (WALDW) had a current ratio of 1.70 as of fiscal year 2025, which is generally considered healthy.
What is Waldencast plc Warrant's debt-to-equity ratio?
Waldencast plc Warrant (WALDW) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Waldencast plc Warrant's return on assets (ROA)?
Waldencast plc Warrant (WALDW) had a return on assets of -30.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Waldencast plc Warrant's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Waldencast plc Warrant (WALDW) held $30.4M in cash, cash equivalents and investments, and reported an operating cash outflow of $12.8M over that year. Dividing the one by the other, the reported balance equals about 28 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Waldencast plc Warrant's Piotroski F-Score?
Waldencast plc Warrant (WALDW) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Waldencast plc Warrant's earnings high quality?
Waldencast plc Warrant (WALDW) reported a net loss of $229.7M while operations used $12.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Waldencast plc Warrant cover its interest payments?
Waldencast plc Warrant (WALDW) reported an operating loss of $217.5M against $25.1M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Waldencast plc Warrant?
Waldencast plc Warrant (WALDW) scores 39 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.