CEO Greg Siokas said preliminary nine-month revenue reached about $54.3 million, up 19% year over year, and the company reaffirmed that full-year 2026 revenue will surpass $90 million. The letter notes 2025 revenue of a record $65.3 million, with gross profit up 83% to $7.9 million and gross margin at 12.1%. Reaching the outlook implies fourth-quarter 2026 revenue of about $35.7 million or more, roughly 81% above the approximately $19.7 million of the fourth quarter of 2025. Its newly launched U.S. direct-to-consumer e-commerce business had 8,940 subscriptions and is expected to generate about $15 million in fourth-quarter revenue. The company's proprietary brands are sold in more than 40 countries.
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Original headline: Cosmos Health CEO Greg Siokas Issues Letter to Shareholders Highlighting Record 2026 Revenue , U . S . Subscription Growth and Global Expansion
Read the original on hawaiitelegraph.com ↗
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- Cosmos Health Inc .: Cosmos Health CEO Greg Siokas Issues Letter to Shareholders Highlighting Record 2026 Revenue , U . S . Subscription Growth and Global Expansion
Cosmos Health CEO Greg Siokas wrote to shareholders that preliminary nine-month 2026 revenue was about $54.3 million, up 19%, and the company reaffirmed full-year revenue above $90 million, up about 38%. Fourth-quarter revenue is expected to be about $35.7 million or more, up roughly 81% from the same quarter of 2025, driven by pharmaceutical contract manufacturing and distribution, proprietary brands and U.S. e-commerce. U.S. e-commerce had 8,940 active subscriptions as of October 19, 2026, up 42% in five days, and is expected to generate about $15 million in fourth-quarter revenue. The company also repurchased more than 5.1 million shares for about $1.1 million and set 2029 targets of $200.6 million in revenue and $44.2 million in adjusted EBITDA, with the goal of becoming self-funding by 2027.
- Cosmos Health Provides Update on United States Business ; Q4 2026 U . S . Revenue Expected to Reach $15 Million , with Gross Profit of $10 . 5 Million ; Active U . S . Subscriptions Up 42 % from 6 , 287 to 8 , 940 in Just Five Days
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