Monday 9 November 2026
Export SLGL’s income statement to Excel — free account
Sol-Gel Technologies Ltd.
SLGLSol-Gel Technologies Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $19.4 million, up 68.0% from fiscal 2024.
- Revenue
- −96.6%
- EPS
- −127.1%
- Free cash flow
- −8.76%
Quarter to June 2026, against a year earlier
61.01
2.00
−3.17%
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Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | 0 | 0 | 23 | 9 | 31 | 4 | 2 | 12 | 19 | 2 | +80.2% | 1 | 1 | 20 | +0.7% | |
| Gross margin, % | 0.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | +100.0 pt | ||||||
| EBT | (21) | (32) | (33) | (25) | (29) | 3 | (15) | (27) | (11) | (6) | (16) | (12.7%) | ||||||
| EBT margin, % | 0.00 | (18,142.53) | (25,738.76) | (107.30) | (333.94) | 10.30 | (384.32) | (1,752.77) | (91.70) | (31.60) | (910.14) | (31.6) pt | ||||||
| Net income | (21) | (32) | (32) | (25) | (29) | 3 | (15) | (27) | (11) | (6) | (14) | (12.7%) | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 0.00 | 0.28 | 0.07 | 11.72 | 3.89 | 13.56 | 1.68 | 0.57 | 4.14 | 6.96 | 0.55 | n/m | |||||
| Earnings | (33.00) | (50.20) | (18.00) | (12.60) | (13.00) | 1.40 | (6.50) | (10.10) | (3.80) | (2.19) | (5.64) | (26.0%) | ||||||
| Cash flow | (29.40) | (38.30) | (13.13) | (11.52) | (11.18) | (3.33) | (4.10) | (6.55) | (4.99) | 0.12 | (6.49) | n/m | ||||||
| Capex | (0.61) | (3.06) | (0.59) | (0.31) | (0.20) | (0.06) | (0.07) | (0.02) | 0.00 | 0.00 | (0.01) | n/m | ||||||
| Free cash flow | (30.02) | (41.36) | (13.72) | (11.82) | (11.38) | (3.40) | (4.17) | (6.57) | (4.98) | 0.12 | (6.50) | n/m | ||||||
| Book value | (49.82) | (83.78) | 35.77 | 26.86 | 22.52 | 24.11 | 18.25 | 14.27 | 10.36 | 8.19 | 14.70 | n/m | ||||||
| Shares, m | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | +18.0% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | 0.00 | 0.00 | 0.00 | 0.00 | 52.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.9 | |||||
| P/S | — | 0.00 | 833.84 | 14.63 | 25.20 | 5.46 | 28.17 | 21.27 | 2.25 | 6.06 | 112.65 | 104.1 | ||||||
| P/B | — | 0.00 | 1.68 | 6.39 | 4.35 | 3.07 | 2.59 | 0.86 | 0.90 | 5.15 | 4.20 | 2.8 | ||||||
| EV/Sales | — | 0.00 | 859.75 | 15.28 | 29.37 | 6.85 | 39.56 | 45.30 | 5.84 | 8.19 | 122.35 | 112.2 | ||||||
| EV/FCF | — | (3.09) | (2.72) | (5.03) | (3.59) | (3.90) | (4.32) | (1.66) | (2.25) | (7.70) | (10.32) | (3.8) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | (18) | (24) | (23) | (22) | (25) | (8) | (9) | (18) | (14) | 0 | (21) | n/m | |||||
| Capex | 0 | (2) | (1) | (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | n/m | ||||||
| Free cash flow | (19) | (26) | (25) | (23) | (26) | (8) | (10) | (18) | (14) | 0 | (21) | n/m | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (33) | (57) | 61 | 49 | 47 | 45 | 40 | 37 | 26 | 21 | 46 | n/m | |||||
| Net debt | 30 | 60 | (62) | (50) | (29) | (22) | (21) | (28) | (24) | (24) | (48) | n/m | ||||||
| Shareholders’ equity | (31) | (53) | 64 | 52 | 51 | 56 | 42 | 39 | 29 | 23 | 48 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | (216.04) | (240.06) | (75.77) | (37.58) | (48.63) | 5.02 | (25.77) | (59.27) | (26.08) | (18.63) | (35.11) | +197.4 pt | |||||
| ROIC | 0.00 | (259.63) | (1,090.04) | (777.13) | (85.60) | 5.48 | (48.15) | (171.82) | (152.12) | 0.00 | (6,630.24) | 0.0 pt | ||||||
| ROE | 96.94 | 75.13 | (574.54) | (42.29) | (56.70) | 6.05 | (30.52) | (67.37) | (31.35) | (23.72) | (40.85) | (120.7) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 47 | 49 | 56 | 61 | 65 | 53 | 55 | 36 | 34 | 28 | — | (5.6%) | |||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.00 | 0.38 | 0.13 | 0.59 | 0.07 | 0.04 | 0.34 | 0.69 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026
Sol-Gel Technologies Ltd. vs peers in Biotechnology (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SLGL Sol-Gel Technologies Ltd. | $206.3M | — (loss-making) | — (loss-making) | −96.58% (below 0%: shrinking) | n/m | −8.76% (below 0%: shrinking) | 100.00% | (704.23%) | |
| RNAC Cartesian Therapeutics, Inc. | $205.1M | — (loss-making) | — (loss-making) | −92.91% (below 0%: shrinking) | −7.84% (below 0%: shrinking) | −6.15% (below 0%: shrinking) | 100.00% | 0.00% | Compare |
| DRUG Bright Minds Biosciences Inc. | $204.2M | — (loss-making) | — | — | n/m | −124.63% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| PLX Protalix BioTherapeutics, Inc. | $202.2M | 10.5× | 10.6× | +27.07% (above 0%: growing) | +2,280.95% (above 0%: growing) | −94.09% (below 0%: shrinking) | 60.99% | 23.48% | Compare |
| PALI Palisade Bio, Inc. | $202.2M | 1.8× | — (loss-making) | +19,900.00% (above 0%: growing) | n/m | −318.44% (below 0%: shrinking) | 100.00% | (2,339.60%) | Compare |
| ARTV Artiva Biotherapeutics, Inc. | $201.9M | — (loss-making) | — (loss-making) | — | n/m | +13.60% (above 0%: growing) | 100.00% | 0.00% | Compare |
| IKT Inhibikase Therapeutics, Inc. | $200.9M | — (loss-making) | — (loss-making) | −100.00% (below 0%: shrinking) | n/m | −123.23% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| ELDN Eledon Pharmaceuticals, Inc. | $199.9M | — (loss-making) | — | — | n/m | −28.02% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| IFRX InflaRx N.V. | $199.7M | — (loss-making) | — (loss-making) | −128.93% (below 0%: shrinking) | n/m | +59.76% (above 0%: growing) | 14,029.95% | 0.00% | Compare |
| Median of peers | $202.0M | — | — | −92.91% | — | −61.05% | 80.50% | 0.00% |