Waldencast plc (WALD) Revenue History
Annual and quarterly revenue from 2020 to 2024
Compound Annual Growth Rate (CAGR)
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WALD Revenue Growth
Revenue Breakdown (FY 2024)
WALD's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
WALD Revenue Analysis (2020–2024)
As of May 8, 2026, Waldencast plc (WALD) generated trailing twelve-month (TTM) revenue of $514.9 million, reflecting modest growth of +0.5% year-over-year. The most recent quarter (Q2 2025) recorded $132.3 million in revenue, down 7.0% sequentially.
Looking at the longer-term picture, WALD's historical revenue data shows a 3-year CAGR of +24.3%. The company achieved its highest annual revenue of $273.9 million in 2024, representing a new all-time high.
Revenue diversification analysis shows WALD's business is primarily driven by Product (98%), and Royalty (2%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including ELF (+16.7% YoY), COTY (-3.6% YoY), and IPAR (+1.9% YoY), WALD has underperformed the peer group in terms of revenue growth. Compare WALD vs ELF →
WALD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WALDCurrent | $515M | +0.5% | - | -21.4% | |
 ELF | $1.3B | +16.7% | +35.9% | 12.0% | |
 COTY | $5.9B | -3.6% | +4.5% | 4.1% | |
 IPAR | $1.5B | +1.9% | +22.5% | 18.2% | |
 SKIN | $301M | -8.2% | +20.4% | -6.9% | |
 EL | $14.3B | +0.4% | -0.0% | 6.7% |
WALD Historical Revenue Data (2020–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $273.9M | +25.5% | $131.7M | 48.1% | $-58,584,000 | -21.4% |
| 2023 | $218.1M | +31.3% | $141.6M | 64.9% | $-81,931,000 | -37.6% |
| 2022 | $166.1M | +16.6% | $39.4M | 23.7% | $-74,269,000 | -44.7% |
| 2021 | $142.5M | +50.9% | $87.4M | 61.4% | $-1,625,000 | -1.1% |
| 2020 | $94.4M | - | $65.3M | 69.2% | $528K | 0.6% |
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Start ComparisonWALD — Frequently Asked Questions
Quick answers to the most common questions about buying WALD stock.
Is WALD's revenue growth accelerating or slowing?
WALD revenue growth slowed to +0.5%, below the 5-year CAGR of N/A. TTM revenue is $515M. The deceleration marks a shift from historical growth rates.
What is WALD's long-term revenue growth rate?
Waldencast plc's 5-year revenue CAGR of N/A reflects the variable expansion pattern. Current YoY growth of +0.5% is near this long-term average.
How is WALD's revenue distributed by segment?
WALD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2024 are available for download. Segment mix reveals concentration and diversification trends.