Sol-Gel Technologies
Develops topical dermatology treatments through licensees and a clinical pipeline.
Something off on this page? Send us feedback.
Profile
Develops topical dermatology treatments and has used product-rights sales and licensing. Twyneo and Epsolay are FDA-approved; its current pipeline includes SGT-610 and SGT-210, with commercialization outside the United States handled through licensees.
Develops topical dermatology treatments spanning approved products and investigational programs. Its portfolio pairs prescription treatments with development programs that use topical formulations. Twyneo treats acne, and Epsolay treats inflammatory rosacea lesions; the company sold their U.S. rights to Mayne Pharma while licensees commercialize them in Canada and other territories.
SGT-610 targets the prevention of new basal-cell-carcinoma lesions in people with Gorlin syndrome, and SGT-210 is a topical EGFR-inhibitor platform for unmet-need indications. The business depends on licensee execution and regulatory approvals in licensed territories, while clinical development continues for its investigational programs.
Company facts
Key statistics
Year to date +62.8% · Average volume (30d) 60.2K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jul 20, 2026 | H.C. Wainwright | Reiterate | Buy | $50 | $110 |
| Oct 27, 2025 | H.C. Wainwright | Target | $21 | $50 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 20, 2026Q2 FY26 | −$2.36 | −$1.13 | +52.1% | $75.0K | $591.0K | +688.0% | −0.11% |
| May 28, 2026Q1 FY26 | −$2.86 | −$1.31 | +54.2% | $900.0K | $108.0K | −88.0% | −1.89% |
| Mar 19, 2026Q4 FY25 | $0.39 | −$1.07 | −374.4% | $6.5M | $6.5M | 0.0% | −10.70% |
| Nov 20, 2025Q3 FY25 | −$2.09 | −$2.13 | −1.9% | $6.5M | $400.0K | −93.8% | +2.52% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.0M | $17.3M | $400.0K | $696.0K | $108.0K | $591.0K | |
| Gross profit | $1.0M | $17.3M | $400.0K | $696.0K | $108.0K | $591.0K | |
| Operating income | −$9.1M | $11.2M | −$6.3M | −$3.4M | −$3.9M | −$4.2M | |
| Net income | −$8.8M | $11.6M | −$5.9M | −$3.0M | −$3.7M | −$3.7M | |
| Diluted EPS | −$0.32 | $4.17 | −$2.13 | −$1.07 | −$1.31 | −$1.13 | |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Operating margin | -879.6% | 65.1% | -1,572.0% | -490.1% | -3,569.4% | -704.2% |
Fiscal years (4-quarter sums)FY21 $31.3M · FY22 $3.9M · FY23 $2.0M · FY24 $11.5M · FY25 $19.4M
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $47.9M · Total debt $770.0K · Total assets $53.8M · Shareholders' equity $48.1M
Dividends
No dividends on record.
Ownership
Shares outstanding 3.27M · Float 853.0K · 26.1% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Moshe Arkin · director, 10 percent owner, officer: Chairman of Board and CEO | 1.75M | 53.54% | Form 4 | Mar 18, 2026 |
| Opaleye Management Inc. · 10 percent owner | 494.9K | 15.14% | Form 4 | Aug 14, 2026 |
| Great Point Partners LLC | 274.4K | 8.39% | 13F | May 15, 2026 |
| Phoenix Holdings Ltd. | 210.8K | 6.45% | 13F | May 11, 2026 |
| Trails Edge Capital Partners, LP | 85.5K | 2.62% | 13F | May 15, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 12, 2026 | Opaleye Management Inc. | 10 percent owner | +951 | $71.50 |
| Jul 13, 2026 | Opaleye Management Inc. | 10 percent owner | +775 | $73.89 |
| Jul 14, 2026 | Opaleye Management Inc. | 10 percent owner | +920 | $73.43 |
| Jul 8, 2026 | Opaleye Management Inc. | 10 percent owner | +300 | $73.69 |
| Jul 10, 2026 | Opaleye Management Inc. | 10 percent owner | +229 | $73.95 |
Peers
- Regeneron
PD-1 therapy in advanced BCC after or instead of HHI
- Bausch Health
Topical prescription acne treatment available across Canada
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Sol-Gel Technologies | $68.81 | +0.31% | $224.9M | — | — | 125.3 | −96.6% |
| Regeneron | $793.21 | −0.11% | $81.82B | 19.6 | 13.1 | 5.3 | +16.7% |
| Bausch Health | $6.32 | 0.00% | $2.36B | — | 1.4 | 0.2 | +11.2% |
| Median | 19.6 | 7.3 | 2.7 | +14.0% |




