APYX

EX-99.1

2 ex_1009950.htm

EXHIBIT 99.1

ex_1009950.htm

EXHIBIT 99.1

Apyx Medical Corporation Reports Third Quarter 2026 Financial Results

•   Reported total revenue of $14.0 million in the third quarter of 2026 primarily driven by 17% growth in the Surgical Aesthetics segment

•   Initiated successful full commercial launch of the power liposuction handpiece for the AYON system in the third quarter

•   Reaffirmed total revenue guidance for FY2026 of $59.0 million to $60.0 million

•   Management to host a conference call today at 8:00 a.m. ET

CLEARWATER, FL — November 5, 2026 - Apyx Medical Corporation (NASDAQ:APYX) (“Apyx Medical;” the “Company”), the leader in surgical aesthetics marketed and sold as Renuvion® and the AYON Body Contouring System™ (AYON), today reported financial results for its third quarter ended September 30, 2026.

Recent Financial and Operating Highlights:

•

Reported total revenue of $14.0 million in the third quarter of 2026, compared with $12.9 million in the same period last year.

◦

Surgical Aesthetics revenue increased to $13.0 million in the third quarter of 2026, compared with $11.1 million in the third quarter of 2025, which was the result of sales of AYON domestically and Renuvion generators internationally.

◦ OEM revenue was approximately $1.1 million in the third quarter of 2026, representing a decrease of 42% from the same period last year.

• Net loss attributable to stockholders of $1.8 million in the third quarter of 2026, compared with a net loss attributable to stockholders of $2.0 million in the third quarter of 2025.

• Adjusted EBITDA was $0.4 million for the third quarter of 2026, compared with Adjusted EBITDA loss of $0.1 million for the third quarter of 2025.

• Initiated the full commercial launch of the reusable power liposuction handpiece for the AYON Body Contouring System in the third quarter of 2026, following positive feedback from key early adopter surgeons.

• Published prospective clinical study supporting Renuvion’s effects on biological markers associated with skin quality in the peer-reviewed academic journal Plastic and Reconstructive Surgery—Global Open. Among six participants completing six-month follow-up, treated tissue demonstrated 30% greater elastin fiber density and 34% less inflammation compared with untreated control areas.

“We are pleased to report 17% growth in our Surgical Aesthetics business for the quarter, reflecting continued adoption of AYON and the progress we are making in executing our commercial strategy,” said Charlie Goodwin, President and Chief Executive Officer. “Over the past year, we have continued to demonstrate the value AYON offers by providing a full suite of complementary body contouring capabilities in one integrated platform. We are building on that foundation with the broader commercial launch of power liposuction, which has received very positive early feedback from surgeons since it received FDA clearance earlier this year. We estimate that approximately 70% of plastic surgeons use power liposuction, making this an important addition that broadens AYON’s appeal.”

1

The following tables present revenue by reportable segment and geography:

Three Months Ended

Nine Months Ended

September 30,

September 30,

(In thousands)

2026

2025

$ Change

% Change

2026

2025

$ Change

% Change

Surgical Aesthetics

$ 12,970

$ 11,065

$ 1,905

17.2 %

$ 36,090

$ 28,622

$ 7,468

26.1 %

OEM

1,060

1,812

(752 )

(41.5 )%

4,314

5,058

(744 )

(14.7 )%

Total

$ 14,030

$ 12,877

$ 1,153

9.0 %

$ 40,404

$ 33,680

$ 6,724

20.0 %

Three Months Ended

Nine Months Ended

September 30,

September 30,

(In thousands)

2026

2025

$ Change

% Change

2026

2025

$ Change

% Change

Domestic

$ 9,703

$ 9,332

$ 371

4.0 %

$ 27,223

$ 23,851

$ 3,372

14.1 %

International

4,327

3,545

782

22.1 %

13,181

9,829

3,352

34.1 %

Total

$ 14,030

$ 12,877

$ 1,153

9.0 %

$ 40,404

$ 33,680

$ 6,724

20.0 %

Third Quarter 2026 Results:

Total revenue for the three months ended September 30, 2026, increased 9% to $14.0 million, compared with $12.9 million in the prior year period. Surgical Aesthetics segment sales increased 17%, or $1.9 million, to approximately $13.0 million for the three months ended September 30, 2026, when compared with $11.1 million for the three months ended September 30, 2025. The Surgical Aesthetics sales increase was driven by sales of AYON, which commenced with the commercial launch in the third quarter of 2025 and increased sales of generators internationally. These increases were partially offset by decreases in domestic sales of standalone generators and single-use handpieces globally. OEM segment sales decreased 42%, or $0.8 million, to approximately $1.1 million for the three months ended September 30, 2026 when compared with $1.8 million for the three months ended September 30, 2025. The decrease in OEM sales was due to a decrease in sales volume to existing customers. With the in

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