Sol-Gel Technologies Ltd. (SLGL) Revenue History
Annual and quarterly revenue from 2014 to present
SLGL Revenue Over Time (2014–2025)
SLGL Revenue Growth History
4 of 8 years with positive growth- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- N/A
- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- -25.9%
- FY2019 revenue growth
- +17655.0%
- FY2020 revenue growth
- -61.7%
- FY2021 revenue growth
- +256.5%
- FY2022 revenue growth
- -87.6%
- FY2023 revenue growth
- -60.0%
- FY2024 revenue growth
- +642.5%
- FY2025 revenue growth
- +68.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2024 | $5.4M | +814.6% |
| Q1 2024 | $466K | -38.5% |
| Q4 2023 | $447K | +347.0% |
| Q3 2023 | $213K | -18.4% |
| Q2 2023 | $594K | -83.1% |
| Q1 2023 | $758K | +25166.7% |
| Q4 2022 | $100K | -99.5% |
| Q3 2022 | $261K | -97.0% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
SLGL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SLGL Revenue Analysis (2014–2025)
Current Revenue & Growth
As of June 28, 2026, Sol-Gel Technologies Ltd. (SLGL) generated trailing twelve-month (TTM) revenue of $6.6 million, reflecting explosive growth of +814.6% year-over-year. The most recent quarter (Q2 2024) recorded $5.4 million in revenue, up 1065.9% sequentially.
Historical Growth Trajectory
SLGL's 5-year compound annual growth rate (CAGR) stands at +17.2%, indicating consistent double-digit revenue growth. The 3-year CAGR of +70.9% exceeds the 5-year average, indicating an acceleration in the most recent period. Sol-Gel Technologies Ltd.'s highest annual revenue of $31.3 million was recorded in 2021.
Revenue by Segment
SLGL's revenue is primarily driven by License (96%), Royalty (4%), and Service, Other (0%). With over half of revenue concentrated in License, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Healthcare sector peers — including DERM (+15.0% YoY), PRGO (-3.6% YoY), and VYNE (-25.0% YoY) — SLGL has outperformed the peer group in revenue growth. Compare SLGL vs DERM →
SLGL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SLGLCurrent | $7M | +814.6% | +17.2% | -38.9% | |
 DERM | $62M | +15.0% | +6.8% | -13.2% | |
 PRGO | $4.3B | -3.6% | +0.8% | 8.1% | |
 VYNE | $570,000 | -25.0% | -51.4% | -5219.1% | |
 SKIN | $301M | -8.2% | +20.4% | -6.9% | |
 GDRX | $797M | -1.2% | +7.7% | 11.0% |
SLGL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $19.4M | +68.0% | $19.4M | 100.0% | $-7,538,000 | -38.9% |
| 2024 | $11.5M | +642.5% | $11.3M | 98.0% | $-12,014,000 | -104.1% |
| 2023 | $1.6M | -60.0% | $-21,987,000 | -1414.9% | $-29,305,000 | -1885.8% |
| 2022 | $3.9M | -87.6% | $-8,799,000 | -226.6% | $-16,244,000 | -418.3% |
| 2021 | $31.3M | +256.5% | $10.9M | 34.8% | $3.0M | 9.5% |
| 2020 | $8.8M | -61.7% | $-19,142,000 | -218.2% | $-30,233,000 | -344.7% |
| 2019 | $22.9M | +17655.0% | $-17,674,000 | -77.2% | $25.9M | 113.3% |
| 2018 | $129K | -25.9% | $-28,017,000 | -21718.6% | $-33,521,000 | -25985.3% |
| 2017 | $174K | - | $-126,000 | -72.4% | $-31,633,000 | -18179.9% |
| 2016 | $0 | - | $-359,000 | - | $-20,756,000 | - |
| 2015 | $0 | - | $-300,000 | - | $-9,647,000 | - |
| 2014 | $0 | - | $0 | - | $-4,808,000 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
12+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
SLGL — Frequently Asked Questions
Quick answers to the most common questions about buying SLGL stock.
Is SLGL's revenue growth accelerating or slowing?
SLGL revenue growth is accelerating. TTM revenue reached $7M, up +814.6% year-over-year — ahead of the 5-year CAGR of +17.2%. This indicates the business is expanding faster than its historical baseline.
What is SLGL's revenue history from 2014 to 2026?
Sol-Gel Technologies Ltd. (SLGL) revenue history spans 2014 to 2026. TTM revenue as of 2026 is $7M, growing at +814.6% YoY. The 5-year CAGR is +17.2%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is SLGL's long-term revenue growth rate (CAGR)?
Sol-Gel Technologies Ltd.'s 5-year revenue CAGR of +17.2% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +814.6% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for SLGL.
Why does SLGL's quarterly revenue fluctuate?
SLGL quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Sol-Gel Technologies Ltd.'s revenue data from 2014 to 2026 shows full historical quarterly detail on this page.
How is SLGL's revenue distributed by segment?
SLGL reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does SLGL's revenue compare to industry peers?
Sol-Gel Technologies Ltd. (SLGL) with TTM revenue of $7M and +814.6% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.