Synergy CHC Reports Q1 2026 Revenue $5.49M, Net Loss $2.57M; Beverage Run Rate >$4M
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Synergy CHC reported Q1 2026 revenue of $5.49 million and a net loss of $2.57 million. The gross margin was 72.3%, with an adjusted diluted loss per share of ($0.23). The functional beverage segment generated over $650,000, with an annual run rate exceeding $4 million. Revenue declined from $8.17 million in Q1 2025, partly due to the absence of $1.5 million in license revenue. The company raised approximately $2.7 million post-quarter to support operations and growth.
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