SequelSEC

Evolus, Inc. EOLS

Pharmaceutical Preparations · CIK 0001570562 · Fiscal year ends 1231

Revenue
$297.18M
Fiscal year ended 2025-12-31
Operating income
-$32.66M
Fiscal year ended 2025-12-31
Free cash flow
-$45.71M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$560.40MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$8.61Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue1.9×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

How this compares in its industry

Percentile among the Pharmaceutical Preparations filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Operating margin-11.0%74th
Current ratio1.90x27th
SBC / revenue7.0%29th
Net margin-17.4%68th
FCF margin-15.4%62th
Gross margin66.3%41th
Revenue YoY growth11.6%59th
CapEx / revenue1.2%41th

Evolus, Inc. (EOLS) reported revenue of $297.18M and net income of -$51.64M for the fiscal year ended 2025-12-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from Evolus, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Pharmaceutical Preparations.

Income

Evolus, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Revenue$297.18M$266.27M$202.08M$148.62M$99.67M$56.54M$34.92M$0
Cost of revenue$100.07M$83.97M$64.51M$58.84M$43.53M$18.30M$8.01M$0
Gross profit$197.11M$182.30M$137.57M$89.77M$56.14M$38.24M$26.91M$0
Operating income-$32.66M-$34.41M-$49.23M-$65.33M-$44.40M-$153.07M-$98.95M-$46.14M
Net income-$51.64M-$50.42M-$61.68M-$74.41M-$46.81M-$163.01M-$90.03M-$46.87M
Research & developmentUnavailableUnavailableUnavailableUnavailable$2.06M$1.72M$3.97M$6.49M
Weighted-average diluted sharesshares 64.47Mshares 62.02Mshares 56.92Mshares 56.07Mshares 49.77Mshares 33.74MUnavailableUnavailable
Pretax income-$50.96M-$49.76M-$61.51M-$74.32M-$46.77M-$162.94M-$105.06M-$46.80M
Income tax expense$677.00K$664.00K$176.00K$95.00K$42.00K$77.00K-$15.03M$65.00K
Diluted EPS$-0.80$-0.81$-1.08$-1.33$-0.94$-4.83UnavailableUnavailable
Selling, general & administrative$220.79M$198.02M$164.94M$141.84M$112.07M$98.19M$113.59M$29.15M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$29.15M
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Evolus, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash & equivalents$53.83M$86.95M$62.84M$53.92M$146.26M$102.56M$109.89M$93.16M
Total assets$225.87M$232.57M$189.00M$177.98M$257.48M$209.07M$240.44M$171.84M
Current assets$142.92M$151.34M$112.42M$100.80M$178.80M$127.61M$152.20M$94.34M
Total liabilities$248.97M$227.05M$209.69M$159.48M$175.61M$282.03M$160.98M$87.46M
Current liabilities$75.30M$62.96M$48.29M$46.51M$57.66M$180.25M$24.44M$5.28M
Total equity incl. NCI-$23.11M$5.52M-$20.69M$18.50M$81.88M-$72.96M$79.46M$84.38M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$26.96M$12.16M$11.00M$18.85M$1.76M$3.35M$6.41M$0
Accounts receivable$54.70M$47.68M$30.53M$22.45M$14.66M$9.68M$10.66M$0
Goodwill$21.21M$21.21M$21.21M$21.21M$21.21M$21.21M$21.21M$21.21M
Long-term debt$146.10M$121.51M$120.36M$71.88M$71.22MUnavailable$73.51M$0
Accounts payable$23.36M$9.24M$4.27M$8.94M$6.09M$9.62M$5.80M$1.56M

Cash flow

Evolus, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Operating cash flow-$42.26M-$18.00M-$34.01M-$84.91M-$33.39M-$57.87M-$93.38M-$25.67M
Capital expenditures$3.44M$1.47M$473.00K$1.62M$393.00K$815.00K$345.00K$9.00K
Investing cash flow-$8.45M-$4.82M-$1.63M-$2.94M$4.03M$12.19M-$23.43M-$9.00K
Financing cash flow$17.34M$47.41M$44.64M-$4.15M$73.05M$38.35M$133.55M$118.84M
Net change in cash-$33.13M$24.11M$8.92M-$92.33M$43.69M-$7.33MUnavailable$93.16M
Stock-based compensation$20.70M$22.25M$16.46M$10.83M$9.58M$10.58M$9.52M$6.97M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$7.51M$5.30M$5.13M$3.72M$5.62M$7.03M$4.13M$9.00K

Derived

Evolus, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Free cash flow-$45.71M-$19.47M-$34.48M-$86.53M-$33.78M-$58.69M-$93.73M-$25.68M
Gross margin66.3%68.5%68.1%60.4%56.3%67.6%UnavailableUnavailable
Operating margin-11.0%-12.9%-24.4%-44.0%-44.6%-270.7%-283.3%Unavailable
FCF margin-15.4%-7.3%-17.1%-58.2%-33.9%-103.8%-268.4%Unavailable
SBC / revenue7.0%8.4%8.1%7.3%9.6%18.7%27.3%Unavailable
Current ratio1.90x2.40x2.33x2.17x3.10x0.71x6.23x17.88x
Revenue YoY growth11.6%31.8%36.0%49.1%76.3%61.9%UnavailableUnavailable
Net margin-17.4%-18.9%-30.5%-50.1%-47.0%-288.3%-257.8%Unavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailable3.0%11.4%Unavailable
CapEx / revenue1.2%0.6%0.2%1.1%0.4%1.4%1.0%Unavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open EOLS in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-05View SEC filing
10-Q · Filed 2026-05-04View SEC filing
10-K · Filed 2026-03-03View SEC filing
10-Q · Filed 2025-11-05View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-07View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.