Waldencast Posts $26.1M First-Half Revenue, Adjusted EBITDA Loss of $23.2M

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Waldencast reported first-half revenue of $26.1 million, down 57.1% year over year. Consolidated Adjusted EBITDA from continuing operations came in at negative $23.2 million, compared with $0.02 million in the first half of 2025. Cash and cash equivalents from continuing operations stood at $7.0 million as of June 30, 2026, up from $5.0 million as of December 31, 2025. Shares of Waldencast rose 2.91% following the release.

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Waldencast plc
WALD
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Waldencast reported first-half revenue down 57.1% to $26.1M and an adjusted EBITDA loss of $23.2M, a sharp deterioration in financial results.