Sonoma Pharmaceuticals Reports Second Fiscal Quarter 2026 Financial Results
Rhea-AI Summary
Sonoma Pharmaceuticals (Nasdaq:SNOA) reported record quarterly revenue of $5.6M for Q2 fiscal 2026, a 57% increase year‑over‑year, and six‑month revenue of $9.6M, up 38% YoY. U.S. revenue rose 115% for the quarter and 86% for the six months. Gross profit was $2.1M (38% margin) for the quarter and $3.6M (37% margin) for six months. Net loss was $0.5M for the quarter and $1.8M for six months; the company reported improvements in EBITDA (quarterly EBITDA loss $0.2M, six‑month EBITDA loss $0.8M). Cash and cash equivalents were $3.0M as of September 30, 2025.
Recent commercial and regulatory milestones include Walmart rollout of diaper rash products (Aug 13, 2025), NPF seal for Reliefacyn (Aug 26, 2025), MoCRA listing and facility registration (Oct 7, 2025), and a Medline wound cleanser launch (Oct 14, 2025).
Positive
- Quarterly revenue $5.6M, +57% YoY
- Six‑month revenue $9.6M, +38% YoY
- U.S. revenue +115% for the quarter
- Gross margin maintained at ~38% for the quarter
- Quarterly EBITDA loss improved to $0.2M
Negative
- Net loss $0.5M for quarter (still a loss)
- Six‑month net loss $1.8M unchanged YoY
- Cash and cash equivalents $3.0M as of Sep 30, 2025
News Market Reaction 7 Alerts
On the day this news was published, SNOA declined 0.53%, reflecting a mild negative market reaction. Argus tracked a peak move of +7.8% during that session. Argus tracked a trough of -15.7% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $33K from the company's valuation, bringing the market cap to $6M at that time. Trading volume was elevated at 2.5x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Revenues increased
57% for the quarter and38% for the six months ended September 30, 2025 compared to same periods last yearU.S. revenue increased
115% for the quarter and86% for the six months ended September 30, 2025 compared to same periods last yearNet loss per share decreased
46% for the quarter and42% for the six months ended September 30, 2025 compared to same periods last year
BOULDER, CO / ACCESS Newswire / November 4, 2025 / Sonoma Pharmaceuticals, Inc. (Nasdaq:SNOA), a global healthcare leader developing and producing patented Microcyn® technology based stabilized hypochlorous acid (HOCl) products for a wide range of applications, including wound care, eye, oral and nasal care, dermatological conditions, podiatry, and animal health care, today announced financial results for its second fiscal quarter ended September 30, 2025.
"We are thrilled to report the highest quarterly revenues in Sonoma's history -
Business Highlights
Sonoma continued to improve and expand its product offerings and regulatory approvals, and to grow its distribution network by entering into new partnerships:
On August 13, 2025, Sonoma announced the launch of its HOCl-based diaper rash products for infants and children into Walmart stores and other large retailers in the United States.
On August 26, 2025, Sonoma announced that Reliefacyn® Advanced Itch-Burn-Rash-Pain Relief Hydrogel had earned the National Psoriasis Foundation (NPF) Seal of Recognition.
On October 7, 2025, Sonoma announced that it had successfully registered its manufacturing facility and listed its Microcyn-based facial spray under the FDA's Modernization of Cosmetics Regulation Act of 2022 (MoCRA).
On October 14, 2025, Sonoma announced the launch of a new HOCl wound cleanser manufactured by Sonoma for Medline Industries, LP, to be distributed into hospital systems, home healthcare and other healthcare channels across the United States.
Results for the Quarter Ended September 30, 2025
Total revenues for the quarter ended September 30, 2025 of
During the quarter ended September 30, 2025, Sonoma reported revenues of
Total operating expenses during the quarter ended September 30, 2025 were
Net loss for the three months ended September 30, 2025 of
Results for the Six Months Ended September 30, 2025
Total revenues for the six months ended September 30, 2025 of
During the six months ended September 30, 2025, Sonoma reported revenues of
Total operating expenses during the six months ended September 30, 2025 were
Net loss for the six months ended September 30, 2025 of
As of September 30, 2025, Sonoma had cash and cash equivalents of
About Sonoma Pharmaceuticals, Inc.
Sonoma Pharmaceuticals is a global healthcare leader for developing and producing stabilized hypochlorous acid (HOCl) products for a wide range of applications, including wound, eye, oral and nasal care, dermatological conditions, podiatry, animal health care and non-toxic disinfectants. Sonoma's products are clinically proven to reduce itch, pain, scarring, and irritation safely and without damaging healthy tissue. In-vitro and clinical studies of HOCl show it to safely manage skin abrasions, lacerations, minor irritations, cuts, and intact skin. Sonoma's products are sold either directly or via partners in 55 countries worldwide and the company actively seeks new distribution partners. The company's principal office is in Boulder, Colorado, with manufacturing operations in Guadalajara, Mexico. European marketing and sales are headquartered in Roermond, Netherlands. More information can be found at www.sonomapharma.com. For partnership opportunities, please contact busdev@sonomapharma.com.
Forward-Looking Statements
Except for historical information herein, matters set forth in this press release are forward-looking within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements about the commercial and technology progress and future financial performance of Sonoma Pharmaceuticals, Inc. and its subsidiaries (the "company"). These forward-looking statements are identified by the use of words such as "continue," "reduce," "develop," "aim," and "expand," among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the company's business that could cause actual results to vary, including such risks that regulatory clinical and guideline developments may change, scientific data may not be sufficient to meet regulatory standards or receipt of required regulatory clearances or approvals, clinical results may not be replicated in actual patient settings, protection offered by the company's patents and patent applications may be challenged, invalidated or circumvented by its competitors, the available market for the company's products will not be as large as expected, the company's products will not be able to penetrate one or more targeted markets, revenues will not be sufficient to meet the company's cash needs or fund further development, as well as uncertainties relative fluctuations in foreign currency exchange rates, global economic conditions, prospective tariffs or changes to trade policies, varying product formulations and a multitude of diverse regulatory and marketing requirements in different countries and municipalities, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission. The company disclaims any obligation to update these forward-looking statements, except as required by law.
Sonoma Pharmaceuticals™, Microcyn® and Reliefacyn® are trademarks or registered trademarks of Sonoma Pharmaceuticals, Inc. All other trademarks and service marks are the property of their respective owners.
Media and Investor Contact:
Sonoma Pharmaceuticals, Inc.
ir@sonomapharma.com
Website: www.sonomapharma.com
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SONOMA PHARMACEUTICALS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share amounts)
September 30, 2025 | March 31, 2025 | |||||||
(Unaudited) | ||||||||
ASSETS | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | $ | 3,035 | $ | 5,374 | ||||
Accounts receivable, net | 2,703 | 2,232 | ||||||
Inventories, net | 3,634 | 2,915 | ||||||
Prepaid expenses and other current assets | 2,925 | 1,915 | ||||||
Current portion of deferred consideration, net of discount | 204 | 212 | ||||||
Total current assets | 12,501 | 12,648 | ||||||
Property and equipment, net | 284 | 225 | ||||||
Operating lease, right of use assets | 479 | 84 | ||||||
Deferred tax asset, net | 508 | 589 | ||||||
Deferred consideration, net of discount, less current portion | - | 73 | ||||||
Other assets | 84 | 74 | ||||||
Total assets | $ | 13,856 | $ | 13,693 | ||||
LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
Current liabilities: | ||||||||
Accounts payable | $ | 1,404 | $ | 953 | ||||
Accrued expenses and other current liabilities | 2,024 | 2,224 | ||||||
Deferred revenue, current portion | 750 | 641 | ||||||
Short-term debt | 56 | 220 | ||||||
Operating lease liabilities, current portion | 88 | 58 | ||||||
Total current liabilities | 4,322 | 4,096 | ||||||
Deferred revenue, net of current portion | - | 17 | ||||||
Withholding tax payable | 5,356 | 5,142 | ||||||
Operating lease liabilities, less current portion | 391 | 27 | ||||||
Total liabilities | 10,069 | 9,282 | ||||||
Commitments and Contingencies | ||||||||
Stockholders' Equity: | ||||||||
Convertible preferred stock, | - | - | ||||||
Common stock, | - | - | ||||||
Additional paid-in capital | 206,733 | 206,593 | ||||||
Accumulated deficit | (199,581 | ) | (197,806 | ) | ||||
Accumulated other comprehensive loss | (3,365 | ) | (4,376 | ) | ||||
Total stockholders' equity | 3,787 | 4,411 | ||||||
Total liabilities and stockholders' equity | $ | 13,856 | $ | 13,693 | ||||
SONOMA PHARMACEUTICALS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS
(In thousands, except per share amounts)
(Unaudited)
Three Months Ended September 30, | Six Months Ended September 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Revenues | $ | 5,604 | $ | 3,579 | $ | 9,619 | $ | 6,970 | ||||||||
Cost of revenues | 3,484 | 2,218 | 6,035 | 4,303 | ||||||||||||
Gross profit | 2,120 | 1,361 | 3,584 | 2,667 | ||||||||||||
Operating expenses | ||||||||||||||||
Research and development | 575 | 506 | 1,169 | 976 | ||||||||||||
Selling, general and administrative | 1,882 | 1,705 | 3,847 | 3,714 | ||||||||||||
Total operating expenses | 2,457 | 2,211 | 5,016 | 4,690 | ||||||||||||
Loss from operations | (337 | ) | (850 | ) | (1,432 | ) | (2,023 | ) | ||||||||
Other (expense) income, net | (394 | ) | 387 | (541 | ) | 563 | ||||||||||
Net loss before income taxes | (731 | ) | (463 | ) | (1,973 | ) | (1,460 | ) | ||||||||
Income tax benefit (expense) | 197 | (147 | ) | 198 | (293 | ) | ||||||||||
Net loss | $ | (534 | ) | $ | (610 | ) | $ | (1,775 | ) | $ | (1,753 | ) | ||||
Net loss per share: basic and diluted | $ | (0.32 | ) | $ | (0.59 | ) | $ | (1.08 | ) | $ | (1.86 | ) | ||||
Weighted-average number of shares outstanding: basic and diluted | 1,646 | 1,034 | 1,643 | 943 | ||||||||||||
Other comprehensive loss | ||||||||||||||||
Net loss | $ | (534 | ) | $ | (610 | ) | $ | (1,775 | ) | $ | (1,753 | ) | ||||
Foreign currency translation adjustments | 205 | (593 | ) | 1,011 | (1,474 | ) | ||||||||||
Comprehensive loss | $ | (329 | ) | $ | (1,203 | ) | $ | (764 | ) | $ | (3,227 | ) | ||||
SONOMA PHARMACEUTICALS, INC. AND SUBSIDIARIES
RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES
(In thousands)
(Unaudited)
Three Months Ended September 30, | Six Months Ended September 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
(1) Net loss adjusted for non-cash items and one-time events or EBITDA loss: | ||||||||||||||||
GAAP net loss as reported | $ | (534 | ) | $ | (610 | ) | $ | (1,775 | ) | $ | (1,753 | ) | ||||
Non-cash adjustments: | ||||||||||||||||
Stock-based compensation | 39 | 14 | 96 | 121 | ||||||||||||
Non-cash foreign exchange transaction losses (gains) | 436 | (225 | ) | 985 | (402 | ) | ||||||||||
Income tax (benefit) expense | (197 | ) | 147 | (198 | ) | 293 | ||||||||||
Depreciation | 36 | 35 | 72 | 74 | ||||||||||||
Non-GAAP net loss adjusted for non-cash items and one-time events or EBITDA loss | $ | (220 | ) | $ | (639 | ) | $ | (820 | ) | $ | (1,667 | ) | ||||
(2) Operating expenses minus non-cash expenses | ||||||||||||||||
GAAP operating expenses as reported | $ | 2,457 | $ | 2,211 | $ | 5,016 | $ | 4,690 | ||||||||
Non-cash adjustments: | ||||||||||||||||
Stock-based compensation | (39 | ) | (14 | ) | (96 | ) | (121 | ) | ||||||||
Depreciation | (36 | ) | (35 | ) | (72 | ) | (74 | ) | ||||||||
Non-GAAP operating expenses minus non-cash expenses | $ | 2,382 | $ | 2,162 | $ | 4,848 | $ | 4,495 | ||||||||
Net loss adjusted for non-cash items and one-time events, or EBITDA loss, is a non-GAAP financial measure. The Company defines this as GAAP reported net loss minus depreciation and amortization, stock-based compensation, income taxes and non-cash foreign exchange transaction losses. The Company uses this measure for the purpose of modifying the net loss to reflect only those expenses to reflect normal direct cash transactions during the measurement period. Non-GAAP measures should not be considered a substitute for financial measures presented in accordance with GAAP. Non-GAAP measures are not always consistent across, or comparable with, non-GAAP measures disclosed by other companies.
Operating expenses minus non-cash expenses is a non-GAAP financial measure. The Company defines operating expenses minus non-cash expenses as GAAP reported operating expenses minus operating depreciation and amortization, and operating stock-based compensation. The Company uses this measure for the purpose of identifying total operating expenses involving cash transactions during the measurement period. Non-GAAP measures should not be considered a substitute for financial measures presented in accordance with GAAP. Non-GAAP measures are not always consistent across, or comparable with, non-GAAP measures disclosed by other companies.
SONOMA PHARMACEUTICALS, INC. AND SUBSIDIARIES
PRODUCT RELATED REVENUE SCHEDULES
(In thousands)
(Unaudited)
The following table shows our consolidated total revenue and revenue by geographic region for the three and six months ended September 30, 2025 and 2024:
Three Months Ended September 30, | ||||||||||||||||
(In thousands) | 2025 | 2024 | $ Change | % Change | ||||||||||||
United States | $ | 1,449 | $ | 675 | $ | 774 | 115 | % | ||||||||
Europe | 2,151 | 1,506 | 645 | 43 | % | |||||||||||
Asia | 1,057 | 776 | 281 | 36 | % | |||||||||||
Latin America | 532 | 465 | 67 | 14 | % | |||||||||||
Rest of the World | 415 | 157 | 258 | 164 | % | |||||||||||
Total | $ | 5,604 | $ | 3,579 | $ | 2,025 | 57 | % | ||||||||
Six Months Ended September 30, | ||||||||||||||||
(In thousands) | 2025 | 2024 | $ Change | % Change | ||||||||||||
United States | $ | 2,454 | $ | 1,317 | $ | 1,137 | 86 | % | ||||||||
Europe | 3,619 | 2,794 | 825 | 30 | % | |||||||||||
Asia | 1,719 | 1,253 | 466 | 37 | % | |||||||||||
Latin America | 1,096 | 1,345 | (249 | ) | (19 | %) | ||||||||||
Rest of the World | 731 | 261 | 470 | 180 | % | |||||||||||
Total | $ | 9,619 | $ | 6,970 | $ | 2,649 | 38 | % | ||||||||
SOURCE: Sonoma Pharmaceuticals, Inc.
View the original press release on ACCESS Newswire