--- title: "Synergy CHC | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 5.493 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286417571.md" datetime: "2026-05-14T12:35:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286417571.md) - [en](https://longbridge.com/en/news/286417571.md) - [zh-HK](https://longbridge.com/zh-HK/news/286417571.md) --- # Synergy CHC | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 5.493 M Revenue: As of FY2026 Q1, the actual value is USD 5.493 M, missing the estimate of USD 8.334 M. EPS: As of FY2026 Q1, the actual value is USD -0.23. EBIT: As of FY2026 Q1, the actual value is USD 1.445 M. #### Segment Revenue - Product sales were $5,492,705 in Q1 2026 compared to $6,670,534 in Q1 2025, while license revenue was $0 in Q1 2026 compared to $1,500,000 in Q1 2025. #### Gross Margin - The gross margin for Q1 2026 was 72.3%, a decrease from 75.4% in Q1 2025. - Excluding license revenue from Q1 2025, the normalized gross margin for that period was 70.0%, indicating a 2.3% improvement year-over-year for Q1 2026. #### Operating Expenses - Total operating expenses increased to $4.54 million in Q1 2026 from $4.22 million in Q1 2025. - Selling and marketing expenses were $2,455,732 in Q1 2026 compared to $2,876,271 in Q1 2025. - General and administrative expenses were $2,048,850 in Q1 2026 compared to $1,306,714 in Q1 2025. #### Income (Loss) from Operations - Synergy CHC Corp. reported an operating loss of - $0.57 million in Q1 2026, a significant decline from an operating income of $1.95 million in Q1 2025. #### Net Income (Loss) - The net loss for Q1 2026 was - $2.57 million, compared to a net income of $0.88 million in Q1 2025. #### EBITDA (Non-GAAP) - EBITDA loss was - $0.54 million in Q1 2026, down from an EBITDA of $1.98 million in Q1 2025. #### Adjusted EBITDA (Non-GAAP) - Adjusted EBITDA loss was - $0.35 million in Q1 2026, compared to an Adjusted EBITDA of $1.98 million in Q1 2025. #### Cash and Cash Equivalents - As of March 31, 2026, Synergy CHC Corp. had approximately $0.30 million in cash and cash equivalents, a decrease from $2.6 million as of December 31, 2025. #### Working Capital - The company reported a working capital deficit of - $0.50 million as of March 31, 2026, compared to a working capital surplus of $1.78 million as of December 31, 2025. #### Inventory - Inventory stood at $3.4 million as of March 31, 2026, down from $3.7 million as of December 31, 2025. #### Cash Used in Operating Activities - Cash used in operating activities for the three months ended March 31, 2026, was - $2.0 million, an increase from - $0.82 million for the same period in 2025. #### Post-Quarter End Financing - Subsequent to the quarter-end, Synergy CHC Corp. raised approximately $2.7 million in gross proceeds through its at-the-market (ATM) equity offering program. #### Operational Metrics - The company generated over $650,000 in functional beverage revenue in Q1 2026, surpassing its total beverage revenue for all of 2025. - The beverage division is operating at an estimated annual run rate exceeding $4 million. #### Outlook - Synergy CHC Corp. expects 2026 to be a year of sustainable growth and value creation, supported by solid early-year momentum and a clear strategic path. - The company believes it is well-positioned to capture significant growth opportunities within the functional beverage sector through continued expansion of its distribution footprint. ### Related Stocks - [SNYR.US](https://longbridge.com/en/quote/SNYR.US.md) ## Related News & Research - [Advance Auto Parts Reports First Quarter 2026 Results; Reaffirms Full Year 2026 Guidance | AAP Stock News](https://longbridge.com/en/news/287202242.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [LOWE'S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS | LOW Stock News](https://longbridge.com/en/news/287043063.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md)