SLGL revenueFY2025$19.39M
- FY YoY
- +68.0%
- 5Y CAGR
- +17.2%
SLGL revenue was $19.39M for fiscal 2025 (ended Dec 31, 2025), up 68.0% from fiscal 2024. Compound annual growth was +17.2% over 5 years. It rose in 4 of the last 8 fiscal years.
Sol-Gel Technologies Ltd. (SLGL) financials
For fiscal 2025 (ended Dec 31, 2025), Sol-Gel Technologies Ltd. reported $19.39M of revenue and -$6.13M of net income.
- Revenue, FY2025
- $19.39M
- Revenue growth, YoY
- +68.0%
- Net income, FY2025
- -$6.13M
- Net margin
- -31.6%
- Free cash flow, FY2025
- $275.0K
- EPS, diluted, FY2025
- -$2.19
- Cash
- $11.03M
- P/S
- 10.43
- Market cap
- $202.1M
FY2017FY2025
FY2016FY2025
FY2016FY2025
SLGL revenue and earnings growth
SLGL net incomeFY2025-$6.13M
SLGL net income was -$6.13M for fiscal 2025 (ended Dec 31, 2025), compared with -$10.58M in fiscal 2024.
SLGL EPSFY2025-$2.19
SLGL diluted EPS was -$2.19 for fiscal 2025 (ended Dec 31, 2025), compared with -$3.79 in fiscal 2024.
SLGL free cash flowFY2025$275.0K
SLGL free cash flow was $275.0K for fiscal 2025 (ended Dec 31, 2025), compared with -$13.89M in fiscal 2024. Fiscal 2025 is the highest of the 11 fiscal years on file.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.39M | $11.54M | $1.55M | $3.88M | $31.27M | $8.77M | $22.90M | $129.0K | $174.0K | - |
| Research and development | $22.80M | $17.80M | $23.54M | $12.68M | $20.38M | $27.91M | $40.58M | $28.15M | $25.80M | $17.02M |
| Selling, general and admin | $4.18M | $5.75M | $7.37M | $7.45M | $8.45M | $11.09M | $8.28M | $5.50M | $6.00M | $3.73M |
| Operating income | -$7.54M | -$12.01M | -$29.30M | -$16.24M | $2.96M | -$30.23M | -$25.95M | -$33.52M | -$31.63M | -$20.76M |
| Pre-tax income | - | - | - | - | $3.22M | -$29.29M | -$24.58M | -$32.20M | -$31.57M | - |
| Income tax | $0 | $0 | $0 | - | $0 | $0 | $33.0K | - | - | - |
| Net income | -$6.13M | -$10.58M | -$27.24M | -$14.92M | $3.22M | -$29.29M | -$24.61M | -$32.20M | -$31.57M | -$20.77M |
| EPS, basic | -$2.19 | -$3.79 | -$10.01 | -$6.50 | $1.40 | -$13.00 | -$12.60 | $18.00 | $50.20 | $33.00 |
| EPS, diluted | -$2.19 | -$3.79 | -$10.01 | -$6.50 | $1.40 | -$13.00 | -$12.60 | $18.00 | $50.20 | $33.00 |
| Diluted shares | 2.8M | 2.8M | 2.7M | 2.3M | 2.4M | 2.3M | 2.0M | 1.8M | 629,024.4 | 629,024.2 |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $11.03M | $19.49M | $7.51M | $13.60M | $21.23M | $8.27M | $9.76M | $5.67M | $5.02M | $7.00M |
| Short-term investments | $12.97M | $4.42M | $20.47M | $8.68M | $1.71M | $21.65M | $40.97M | $56.66M | - | - |
| Receivables | $1.97M | $3.60M | $377.0K | $62.0K | $13.06M | $2.15M | $4.12M | - | - | - |
| Current assets | $26.97M | $31.30M | $41.17M | $43.05M | $57.11M | $53.40M | $55.79M | $65.97M | $10.55M | $8.30M |
| Total assets | $29.92M | $35.85M | $45.29M | $46.63M | $69.19M | $59.16M | $61.30M | $69.68M | $15.31M | $10.98M |
| Current liabilities | $6.17M | $5.29M | $4.52M | $3.33M | $11.69M | $5.96M | $6.50M | $4.89M | $67.20M | $41.63M |
| Short-term debt | - | - | - | - | - | - | - | - | $65.34M | $37.34M |
| Total liabilities | $7.11M | $7.00M | $6.64M | $4.42M | $13.60M | $8.31M | $8.84M | $5.77M | $68.01M | $42.32M |
| Shareholders' equity | $22.81M | $28.85M | $38.64M | $42.21M | $55.59M | $50.85M | $52.47M | $63.91M | -$52.70M | -$31.34M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $322.0K | -$13.89M | -$17.73M | -$9.48M | -$7.69M | -$25.24M | -$22.50M | -$23.47M | -$24.09M | -$18.50M |
| Capital expenditures | $47.0K | $2.0K | $134.0K | $171.0K | $143.0K | $449.0K | $597.0K | $1.05M | $1.93M | $385.0K |
| Free cash flow | $275.0K | -$13.89M | -$17.86M | -$9.65M | -$7.83M | -$25.69M | -$23.10M | -$24.52M | -$26.01M | -$18.88M |
| Investing cash flow | -$8.58M | $26.69M | -$9.74M | $1.70M | $19.87M | -$2.69M | $16.02M | -$54.73M | -$5.94M | -$391.0K |
| Financing cash flow | $6.0K | $0 | $21.81M | $15.0K | $837.0K | $26.46M | $10.61M | $78.82M | $28.00M | $20.00M |
| Stock-based compensation | $82.0K | $786.0K | $1.86M | $1.53M | $687.0K | $1.22M | $2.55M | $4.65M | $3.97M | $952.0K |
| Depreciation and amortization | $109.0K | $233.0K | $342.0K | $562.0K | $880.0K | $946.0K | $887.0K | $762.0K | $471.0K | $359.0K |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 68.0% | 642.5% | -60.0% | -87.6% | 256.5% | -61.7% | 17655.0% | -25.9% | - | - |
| EPS growth, YoY | - | - | - | - | - | - | - | - | 52.1% | 115.7% |
| Operating margin | -38.9% | -104.1% | -1885.8% | -418.3% | 9.5% | -344.7% | -113.3% | -25985.3% | -18179.9% | - |
| Net margin | -31.6% | -91.7% | -1752.8% | -384.3% | 10.3% | -333.9% | -107.4% | -24963.6% | -18142.5% | - |
| Free cash flow margin | 1.4% | -120.4% | -1149.5% | -248.6% | -25.1% | -292.9% | -100.8% | -19007.0% | -14950.6% | - |
| Return on equity | -26.9% | -36.7% | -70.5% | -35.4% | 5.8% | -57.6% | -46.9% | -50.4% | - | - |
| Return on assets | -20.5% | -29.5% | -60.1% | -32.0% | 4.7% | -49.5% | -40.1% | -46.2% | -206.1% | -189.1% |
| Current ratio | 4.37 | 5.92 | 9.10 | 12.93 | 4.88 | 8.95 | 8.58 | 13.48 | 0.16 | 0.20 |
Source: XBRL data Sol-Gel Technologies Ltd. files with the SEC, latest filing dated Mar 19, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-10, first reported Mar 19, 2026.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
SLGL peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| SLGL | $19.39M | +68.0% | -$6.13M | -31.6% | $202.1M |
| LLY | $86.46B | +45.5% | $27.58B | 31.9% | $1.33T |
| JNJ | $99.33B | +7.8% | $16.09B | 16.2% | $679.13B |
| ABBV | $66.01B | +10.7% | $10.34B | 15.7% | $518.44B |
| MRK | $67.38B | +4.9% | $2.45B | 3.6% | $366.73B |
| NVS | $54.53B | +8.4% | $13.98B | 25.6% | $312.35B |
| AZN | $58.74B | +8.6% | $10.22B | 17.4% | $293.69B |
| ABT | $48.23B | +10.0% | $4.70B | 9.7% | $191.40B |
| NVO | DKK 309.06B | +6.4% | DKK 102.43B | 33.1% | $183.23B |
SLGL FAQ
8 questionsWhat is SLGL revenue?
Sol-Gel Technologies Ltd. (SLGL) reported $19.39M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 68.0% from the year before.Is SLGL profitable?
No. Sol-Gel Technologies Ltd. reported a net loss of $6.13M for fiscal 2025 (ended Dec 31, 2025).How much cash and debt does SLGL have?
Sol-Gel Technologies Ltd. reported $11.03M in cash and cash equivalents on its most recent balance sheet in SEC filings.How fast is SLGL revenue growing?
Sol-Gel Technologies Ltd.'s revenue changed +68.0% in fiscal 2025, to $19.39M. Its compound annual growth rate was +17.2% over 5 years.What is SLGL free cash flow?
Sol-Gel Technologies Ltd. generated $275.0K of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $322.0K less capital expenditures.What is SLGL earnings per share?
Diluted earnings per share were -$2.19 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did SLGL last report financial results?
The latest statements here come from Sol-Gel Technologies Ltd.'s 20-F filed on Mar 19, 2026, covering the period ended Dec 31, 2025.Where does this SLGL financial data come from?
Quantisnow builds these statements from the structured XBRL data Sol-Gel Technologies Ltd. files with the SEC. It is provided for information only and is not investment advice.