Filing Flows › Evolus (EOLS) › Q1 2025
Evolus (EOLS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Evolus (EOLS) reported revenue of $68.5M for the first quarter 2025 (Q1 2025), +15% from a year earlier and -13% from the quarter before. Operating margin was -22.1%, net loss $18.9M (27.6% of revenue).
Evolus, Q1 2025: revenue $68.5M (+16% year over year), operating margin -22.1%, net loss $18.9M, operating cash flow −$15.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $68.5M | -13% | +15% |
| Operating profit | −$15.2M | — | — |
| Net earnings | −$18.9M | — | — |
| Operating cash flow | −$15.6M | — | — |
What changed
Revenue was $68.5M in Q1 2025, up 15% year over year and down 13% from the previous quarter. Product revenue, net was the largest line at 99% of revenue. Product revenue, net added $9.1M year over year (up 15%), 99% of the total change.
Gross margin was 68.1%, down 0.2 points from a year earlier. Operating costs exceeded revenue by $15.2M, an operating margin of -22.1%. Operating expenses grew 25% against revenue growth of 15%. The fastest-growing cost line was Other operating costs (+34%). The quarter ended with a net loss of $18.9M, wider than the previous quarter's $6.8M loss.
Operating cash flow was −$15.6M. Non-cash charges added back $1.6M of depreciation and amortization and $5.9M of share-based compensation. Working capital and other items used $4.2M. Capital expenditures of $319K exceeded it, leaving free cash flow of −$16.0M.
Questions
What was Evolus' revenue in the first quarter 2025?
Evolus (EOLS) reported revenue of $68.5M for the first quarter 2025 (Q1 2025), +15% from a year earlier and -13% from the quarter before.
Was Evolus profitable in the first quarter 2025?
Operating loss was $15.2M (-22.1% of revenue) and net loss $18.9M.
Source: Evolus 10-Q on SEC EDGAR.