Waldencast plc (WALD)

OTC: WALD · Perfumes, Cosmetics & Other Toilet Preparations · London, GB · filing with the SEC since 2021

Full chart Alerts Compare

Grade3.4

◀ Past 3.2● Present 3.4▶ Future 3.7

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Waldencast plc

Nine metrics read from its own filings, by tense

Headline grade

3.4/10

◀ Past3.230% of the headline

● Present3.440% of the headline

▶ Future3.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

3.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed

1.9/10

Has it survived what it has been through?

5 warning events since 2021; the latest 2023-05-02.

weight 33% of this tense · 19th percentile among 18 sector filers · read for itself

From the record

Waldencast plc's filings since 2021 show 5 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2021-05-28); a warning not to rely on past financial statements (8-K item 4.02, the latest 2021-11-18); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2023-05-02) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

5.2/10

What has it actually done, year after year?

+23.6% a year over 5 filed years; profitable in 0 of 5.

weight 45% of this tense · 52nd percentile among 16 sector filers · read for its customers

From the record

Waldencast plc's 5 filed years say what it did: revenue went from $94 million in fiscal 2020 to $272 million in fiscal 2025, up 23.6% a year; it rose in 3 of 4 years; the deepest fall was 1% from fiscal 2024 to fiscal 2025; net income was positive in 0 of 5 of those years (its annual reports).

What it rests on

revenue growth over the filed span23.6%top 41% of its family
the share of years revenue rosetop 41% of its family
the share of filed years with a profitbottom 6% of its family
the deepest fall from a revenue peak0.7%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate

1.0/10

How has it treated the people who own it?

SI estimate 1.0/10, confidence 35 of 100 (one part).

weight 22% of this tense · 10th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: Read from one part only, the share count over the years, which ranks in the bottom 10% of 16 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read: Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned: one part: the share count over the years, the one part on file, ranked among 16 in its family.
Confidence: 35 of 100
What would change it: A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Waldencast plc's shareholder treatment is put at 1.0 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 10% of 16 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed

2.9/10

Is it financially healthy right now?

ROE -50%: lost 50¢ per shareholder dollar. Leverage 38%: owes 38¢ per asset dollar.

weight 45% of this tense · 29th percentile among 17 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Waldencast plc lost about 50 cents for every dollar of shareholders' money, and gross profitability: its products earned about 25 cents per dollar of everything the company owns. Leverage: it owed about 38 cents per dollar of assets, and net share issuance: its share count grew 4.4% over the year (the filed statements).

What it rests on

what it owes per dollar of assetstop 44% of its family
return on equitybottom 15% of its family
gross profit against assetsbottom 21% of its family
the share count against the year beforebottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

4.3/10

How strong is its position in its industry?

bottom 43% of 17 in its family; net margin -84.4%.

weight 33% of this tense · 43rd percentile among 17 sector filers · read for its customers

From the record

Waldencast plc's standing among 17 graded names in its industry family: revenue of $272 million in fiscal 2025 ranks in the bottom 43% by size; a net margin of -84.4% ranks in the bottom 15%; revenue growth of 17.6% a year over the last 3 filed years ranks in the top 28% (its annual reports).

What it rests on

revenue against the family$272Mbottom 43% of its family
net margin-84.4%bottom 15% of its family
three-year revenue growth17.6%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed

3.3/10

What are the people in charge doing?

bottom 33% of 10 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 33rd percentile among 10 sector filers · read for its shareholders

From the record

Waldencast plc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Brousset, Michel (Chief Executive Officer, as filed), filing under that title since 2021-03-18, 5.7 years (top 50% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 5.6 years (bottom 17%); it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes are not read (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

the median years the people in charge have filed5.6 yearsbottom 17% of its family
the chief executive's years on the record5.7 yearstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed

4.8/10

How much room does it have to grow?

bottom 48% of 17 in its family for room to expand.

weight 45% of this tense · 48th percentile among 17 sector filers · read for itself

From the record

Waldencast plc's room to grow, from the newest filed statements (fiscal 2025): cash of $32 million against debt of $136 million leaves -13.9% of its assets as net cash, top 50% of its family; cash from operations less capital spending is -6% of revenue (bottom 26%); a gross margin of 67.3% (top 32%) (its annual report).

What it rests on

cash less debt against assets-13.9%top 50% of its family
cash from operations less capital spending against revenue-6.0%bottom 26% of its family
gross margin67.3%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

4.2/10

What could actually drive growth from here?

bottom 42% of 16 in its family for growth drivers.

weight 33% of this tense · 42nd percentile among 16 sector filers · read for its customers

From the record

Waldencast plc's growth drivers, from the filed years to fiscal 2025: revenue grew 17.6% a year over the last three filed years against 23.6% over all 5, slowing (bottom 22% of its family); the newest year grew -0.7% (bottom 41%); research spending grew -10% a year (bottom 14%); capital spending grew 68.6% a year (top 9%) (its annual reports). Waldencast plc reported 2 lines of business in fiscal 2025: Obagi Skincare at $162 million (59%), Milk Makeup at $110 million (41%); 1 of 2 grew against the year before (its annual report).

What it rests on

three-year growth against the whole span-6.0 points a yearbottom 22% of its family
the newest year's revenue growth-0.7%bottom 41% of its family
three-year growth of research spending-10.0%bottom 14% of its family
three-year growth of capital spending68.6%top 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

0.5/10

Did its newest year beat what its own record pointed to?

bottom 5% of 16 in its family for expectations against reality.

weight 22% of this tense · 5th percentile among 16 sector filers · read for its shareholders

From the record

Waldencast plc's newest year against its own record: revenue of $272 million in fiscal 2025 came in 20.1% below the $341 million its prior three years' pace pointed to (bottom 3% of its family); net income of $230 million against a prior three-year average of $51 million (bottom 9%); a net margin of -84.4% against -23.5% before (bottom 3%) (its annual reports).

What it rests on

revenue against the prior three years' pace-20.1%bottom 3% of its family
net income against the prior three years' average-354%bottom 9% of its family
net margin against its prior average-60.9 pointsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WALD · research, not advice