Journey Medical Corp (NAS:DERM)
$ 6.85 +0.16 (+2.39%) Market Cap: 188.61 Mil Enterprise Value: 186.86 Mil PE Ratio: 0 PB Ratio: 6.07 GF Score: 63/100

Q1 2026 Journey Medical Corp Earnings Call Transcript

May 13, 2026 / 08:30 PM GMT
Release Date Price: $5.19 (+3.59%)

Key Points

Positve
  • Journey Medical Corp (DERM) reported a 21% year-over-year increase in total net product revenues for Q1 2026.
  • Omrosi revenues grew significantly, reaching $6.3 million, marking a 26% increase from Q4 2025.
  • The company achieved positive adjusted EBITDA for the quarter, highlighting operational efficiency.
  • Journey Medical Corp (DERM) secured agreements with the three largest PBM-owned group purchasing organizations, expanding Omrosi's access to 169 million commercial lives.
  • The refill-to-new prescription ratio for Omrosi improved, indicating strong patient satisfaction and brand loyalty.
Negative
  • Gross margin decreased to 61% from 63.5% due to a $1.3 million non-cash charge related to inventory write-down.
  • The company reported a GAAP net loss of $2.2 million for the quarter, although this was an improvement from the previous year.
  • There is still a reliance on co-pay bridging programs, indicating challenges in achieving full reimbursement.
  • The company faces seasonality challenges, which could impact prescription volumes during different times of the year.
  • Despite progress, there is still ongoing work needed to improve Omrosi's tier positioning and quality of coverage with major health plans.


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E D I T E D V E R S I O N

DERM.OQ - Journey Medical Corp
Q1 2026 Journey Medical Corp Earnings Call
May 13, 2026 / 08:30PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, thank you for standing by. Good afternoon and welcome to Journey Medical's First Quarter 2026 Financial Results and Corporate Update Conference Call.

At this time, all participants are on the listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero.

Participants of this call advise that the audio of this conference call is being broadcasted live over the Internet and is also being recorded for playback purposes.

A webcast replay of this call will be available approximately one hour after the end of the call for approximately 30 days.

I would now like to turn the call over to Jaclyn Chafe. The company's
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