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Beauty Health Co (SKIN) Fundamental Analysis & AI Grade 2026

SKIN Nasdaq Surgical & Medical Instruments & Apparatus DE CIK: 0001818093
Updated This Month • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
85% Confidence
N/A
C
85% Conf
Pending
Analysis scheduled

📊 SKIN Key Takeaways

Revenue: $64.9M
Net Margin: -10.2%
Free Cash Flow: $-5.8M
Current Ratio: 1.79x
Debt/Equity: 6.58x
EPS: $-0.05
AI Grade: C with 85% confidence
Beauty Health Co (SKIN) receives a C fundamental grade with 85% confidence from our AI analysis based on SEC 10-K filings. With revenue of $64.9M, net profit margin of -10.2%, and return on equity (ROE) of -12.0%, Beauty Health Co demonstrates mixed fundamentals in the Healthcare sector. Below is our complete SKIN stock analysis for 2026.

Is Beauty Health Co (SKIN) a Good Investment?

Claude

SkinHealth Systems exhibits severe financial distress with declining revenue, negative operating and net cash flows, and unsustainable leverage of 6.58x debt-to-equity. While gross margins of 68.5% demonstrate strong product economics, the company cannot cover interest from operations (negative interest coverage ratio), burns cash operationally, and has negligible equity cushion relative to massive debt burden.

Beauty Health Co Key Strengths (SKIN)

Claude
  • + Strong gross margin of 68.5% indicates favorable product pricing and cost structure
  • + Adequate cash reserves of $204.4M provide near-term operational runway
  • + Improving EPS trend (-0.05 vs prior year) suggests loss reduction trajectory

SKIN Stock Risks: Beauty Health Co Investment Risks

Claude
  • ! Extreme leverage of 6.58x debt-to-equity with inability to service debt from operations (interest coverage of -0.6x)
  • ! Negative operating cash flow of -$5.6M indicates unsustainable burn rate despite $204.4M cash
  • ! Declining revenue trend (-10% YoY) combined with operating losses suggests deteriorating business fundamentals
  • ! Negligible stockholders' equity of $55.2M against $363.4M long-term debt creates insolvency risk

Key Metrics to Watch

Claude
  • * Operating cash flow trend and path to positive FCF
  • * Revenue stabilization and return to growth
  • * Debt reduction strategy and refinancing risk
  • * Gross margin sustainability amid revenue decline

Beauty Health Co (SKIN) Financial Metrics & Key Ratios

Revenue
$64.9M
Net Income
$-6.6M
EPS (Diluted)
$-0.05
Free Cash Flow
$-5.8M
Total Assets
$473.2M
Cash Position
$204.4M

💡 AI Analyst Insight

Beauty Health Co presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

SKIN Profit Margin, ROE & Profitability Analysis

Gross Margin 68.5%
Operating Margin -2.8%
Net Margin -10.2%
ROE -12.0%
ROA -1.4%
FCF Margin -8.9%

SKIN vs Healthcare Sector: How Beauty Health Co Compares

How Beauty Health Co compares to Healthcare sector averages

Net Margin
SKIN -10.2%
vs
Sector Avg 12.0%
SKIN Sector
ROE
SKIN -12.0%
vs
Sector Avg 15.0%
SKIN Sector
Current Ratio
SKIN 1.8x
vs
Sector Avg 2.0x
SKIN Sector
Debt/Equity
SKIN 6.6x
vs
Sector Avg 0.6x
SKIN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Beauty Health Co Stock Overvalued? SKIN Valuation Analysis 2026

Based on fundamental analysis, Beauty Health Co shows some fundamental concerns relative to the Healthcare sector in 2026.

Return on Equity
-12.0%
Sector avg: 15%
Net Profit Margin
-10.2%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
6.58x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Beauty Health Co Balance Sheet: SKIN Debt, Cash & Liquidity

Current Ratio
1.79x
Quick Ratio
1.48x
Debt/Equity
6.58x
Debt/Assets
88.3%
Interest Coverage
-0.59x
Long-term Debt
$363.4M

SKIN Revenue & Earnings Growth: 5-Year Financial Trend

SKIN 5-year financial data: Year 2021: Revenue $260.1M, Net Income -$1.6M, EPS $-0.05. Year 2022: Revenue $365.9M, Net Income -$29.2M, EPS $-0.85. Year 2023: Revenue $398.0M, Net Income -$378.8M, EPS $-3.71. Year 2024: Revenue $398.0M, Net Income $44.2M, EPS $-0.23. Year 2025: Revenue $398.0M, Net Income -$100.1M, EPS $-0.76.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Beauty Health Co's revenue has grown significantly by 53% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.76 indicates the company is currently unprofitable.

SKIN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-8.9%
Free cash flow / Revenue

SKIN Quarterly Earnings & Performance

Quarterly financial performance data for Beauty Health Co including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $64.9M -$6.6M $-0.05
Q3 2025 $70.7M $202.0K $-0.09
Q2 2025 $78.2M $202.0K $-0.02
Q1 2025 $69.6M -$679.0K $-0.08
Q3 2024 $78.8M $202.0K $-0.15
Q2 2024 $90.6M $202.0K $0.03
Q1 2024 $81.4M -$679.0K $-0.10
Q3 2023 $88.8M -$81.0K $-0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Beauty Health Co Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$5.6M
Cash generated from operations
Capital Expenditures
$224.0K
Investment in assets
Dividends
None
No dividend program

SKIN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Beauty Health Co (CIK: 0001818093)

📋 Recent SEC Filings

Date Form Document Action
May 12, 2026 8-K skin-20260508.htm View →
May 7, 2026 10-Q skin-20260331.htm View →
May 7, 2026 8-K skin-20260507.htm View →
May 6, 2026 8-K skin-20260505.htm View →
Apr 24, 2026 DEF 14A skinhealth_idef14a.htm View →

Frequently Asked Questions about SKIN

What is the AI rating for SKIN?

Beauty Health Co (SKIN) has an AI grade of C with 85% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SKIN's key strengths?

Claude: Strong gross margin of 68.5% indicates favorable product pricing and cost structure. Adequate cash reserves of $204.4M provide near-term operational runway.

What are the risks of investing in SKIN?

Claude: Extreme leverage of 6.58x debt-to-equity with inability to service debt from operations (interest coverage of -0.6x). Negative operating cash flow of -$5.6M indicates unsustainable burn rate despite $204.4M cash.

What is SKIN's revenue and growth?

Beauty Health Co reported revenue of $64.9M.

Does SKIN pay dividends?

Beauty Health Co does not currently pay dividends.

Where can I find SKIN SEC filings?

Official SEC filings for Beauty Health Co (CIK: 0001818093) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SKIN's EPS?

Beauty Health Co has a diluted EPS of $-0.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SKIN's fundamental grade?

Based on our AI fundamental analysis in May 2026, Beauty Health Co has a C grade with 85% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SKIN stock overvalued or undervalued?

Valuation metrics for SKIN: ROE of -12.0% (sector avg: 15%), net margin of -10.2% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is SKIN's AI grade for 2026?

Our dual AI analysis gives Beauty Health Co a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SKIN's free cash flow?

Beauty Health Co's operating cash flow is $-5.6M, with capital expenditures of $224.0K. FCF margin is -8.9%.

How does SKIN compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -10.2% (avg: 12%), ROE -12.0% (avg: 15%), current ratio 1.79 (avg: 2).

Is Beauty Health Co carrying too much debt?

SKIN has a debt-to-equity ratio of 6.58x, which is above the Healthcare sector average of 0.6x. However, the current ratio of 1.79 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI