Dec 2025Revenue $272M/yrExpenses $490M/yr
Fell below break-even Mar 2021Cash runway ≈ 1.9 years from Dec 2025
Figures by year
When will Waldencast be profitable again?
Its expenses passed its revenue in Mar 2021. In the 12 months to Dec 2025, revenue was $272M and expenses $490M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $272M | $490M | −$218M |
| Dec 2024 | $274M | $332M | −$58.6M |
| Dec 2023 | $218M | $300M | −$81.9M |
| Dec 2021 | $142M | $144M | −$1.63M |
| Dec 2020 | $94.4M | $93.9M | $528K |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.