AIRS Airsculpt Technologies, Inc.
Price Chart
Executive Summary
AirSculpt reported Q1 2026 revenue of $39.4M (flat YoY, in-line with consensus) and GAAP EPS of -$0.03 (vs consensus -$0.02, a miss). Case volume was essentially flat (+0.2% YoY), and Adjusted EBITDA declined to $3.3M from $3.8M. The company reaffirmed full-year 2026 guidance of $151-157M revenue and $15-17M Adjusted EBITDA, but the flat top-line and declining profitability signal ongoing operational challenges.
Key Financial Metrics
Actionable Insight
Flat revenue and declining Adjusted EBITDA despite cost-cutting and debt paydown suggest the business is still struggling to grow. The reaffirmed guidance provides a floor but no catalyst for upside. Watch for Q2 same-center sales trends and any further ATM dilution — the stock may drift lower absent a clear growth inflection.
Key Facts
- Q1 2026 revenue $39.4M, flat YoY vs $39.4M in Q1 2025
- GAAP EPS -$0.03 vs consensus -$0.02 (miss)
- Net loss improved to -$2.4M from -$2.8M YoY
- Adjusted EBITDA declined to $3.3M from $3.8M YoY (margin 8.4% vs 9.5%)
- Case volume essentially flat at 3,082 (+0.2% YoY)
- Revenue per case declined slightly to $12,780 from $12,799
- Full-year 2026 guidance reaffirmed: revenue $151-157M, Adjusted EBITDA $15-17M
- Cash and equivalents $16.7M; gross debt $45.6M; raised $14.6M via ATM and paid down $11.4M debt
- Same-center sales grew 1% on a case growth of 1.1% but revenue per case declined 0.2%
Financial Impact
Revenue flat at $39.4M; net loss -$2.4M; Adjusted EBITDA -$0.5M decline YoY
Risk Factors
- Continued flat-to-declining case volume and revenue per case
- ATM offering dilution (raised $14.6M in Q1, more possible)
- High debt load ($45.6M gross) relative to cash flow
- GLP-1 competition risk to body contouring demand
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3290960 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 8, 2026
5w ago
|
8-K
| $3.86 $5.11 | ▲ +32.38% | ▲ +32.36% | $5.35 (+38.60%) |
|
May 8, 2026
5w ago
|
Press Release
| $3.86 $5.11 | ▼ −32.38% | ▼ −32.36% | $5.35 (−38.60%) |
|
May 1, 2026
6w ago
|
Press Release
| $3.32 $5.30 | ▲ +59.64% | ▲ +54.35% | $5.35 (+61.14%) |
|
Apr 6, 2026
9w ago
|
10-K/A
| $3.10 $3.44 | ▼ −10.97% | ▼ −1.98% | $5.35 (−72.58%) |
|
Apr 6, 2026
9w ago
|
Press Release
| $3.10 $3.44 | ▼ −10.97% | ▼ −1.98% | $5.35 (−72.58%) |
|
Apr 2, 2026
10w ago
|
8-K
| $3.17 $2.68 | ▲ +15.46% | ▲ +25.33% | $5.35 (−68.77%) |
|
Apr 2, 2026
10w ago
|
Press Release
| $3.17 $2.68 | ▲ +15.46% | ▲ +25.33% | $5.35 (−68.77%) |
|
Mar 16, 2026
12w ago
|
Press Release
| $2.81 $2.62 | ▼ −6.60% | ▼ −10.38% | $5.35 (+90.73%) |
US Market Status
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