Solesence, Inc. Common Stock (SLSN) Revenue History
Annual and quarterly revenue from 2021 to 2024
Compound Annual Growth Rate (CAGR)
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SLSN Revenue Growth
Revenue Breakdown (FY 2024)
SLSN's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
SLSN Revenue Analysis (2021–2024)
As of May 8, 2026, Solesence, Inc. Common Stock (SLSN) generated trailing twelve-month (TTM) revenue of $62.1 million, reflecting significant decline in growth of -13.5% year-over-year. The most recent quarter (Q3 2025) recorded $14.6 million in revenue, down 28.3% sequentially.
Looking at the longer-term picture, SLSN's historical revenue data shows a 3-year CAGR of +21.1%. The company achieved its highest annual revenue of $52.3 million in 2024, representing a new all-time high.
Revenue diversification analysis shows SLSN's business is primarily driven by Consumer Products (85%), Personal Care ingredients (13%), and Advanced Materials (2%). With over half of revenue concentrated in Consumer Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Defensive sector peers including SKIN (-8.2% YoY), RVLV (+10.0% YoY), and ELF (+16.7% YoY), SLSN has underperformed the peer group in terms of revenue growth. Compare SLSN vs SKIN →
SLSN Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $62M | -13.5% | - | 9.8% | ||
| $301M | -8.2% | +20.4% | -6.9% | ||
| $1.2B | +10.0% | +16.1% | 6.1% | ||
| $1.3B | +16.7% | +35.9% | 12.0% | ||
| $5.9B | -3.6% | +4.5% | 4.1% | ||
| $1.5B | +1.9% | +22.5% | 18.2% |
SLSN Historical Revenue Data (2021–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $52.3M | +40.4% | $16.2M | 30.9% | $5.1M | 9.8% |
| 2023 | $37.3M | -0.1% | $7.8M | 21.0% | $-3,546,000 | -9.5% |
| 2022 | $37.3M | +26.6% | $8.4M | 22.4% | $-2,258,000 | -6.1% |
| 2021 | $29.5M | - | $8.7M | 29.5% | $2.6M | 8.7% |
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Start ComparisonSLSN — Frequently Asked Questions
Quick answers to the most common questions about buying SLSN stock.
Is SLSN's revenue growth accelerating or slowing?
SLSN revenue declined -13.5% year-over-year, contrasting with the 5-year CAGR of N/A. TTM revenue fell to $62M. This reverses the prior growth trend.
What is SLSN's long-term revenue growth rate?
Solesence, Inc. Common Stock's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of -13.5% is below this long-term average.
How is SLSN's revenue distributed by segment?
SLSN reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2021-2024 are available for download. Segment mix reveals concentration and diversification trends.