Filing Flows › Evolus (EOLS) › Q1 2026
Evolus (EOLS) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Evolus (EOLS) reported revenue of $73.1M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -19% from the quarter before. Operating margin was -9.4%, net loss $10.7M (14.6% of revenue).
Evolus, Q1 2026: revenue $73.1M (+7% year over year), operating margin -9.4%, net loss $10.7M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $73.1M | -19% | +7% |
| Operating profit | −$6.8M | -262% | — |
| Net earnings | −$10.7M | -8311% | — |
| Operating cash flow | −$10.0M | -178% | — |
What changed
Revenue was $73.1M in Q1 2026, up 7% year over year and down 19% from the previous quarter. Product revenue, net was the largest line at 99% of revenue. Product revenue, net added $4.7M year over year (up 7%), 101% of the total change. Service revenue declined 13%.
Gross margin was 66.9%, down 1.2 points from Q1 2025. Operating costs exceeded revenue by $6.8M, an operating margin of -9.4%. Operating expenses fell 10% while revenue rose 7%. The quarter ended with a net loss of $10.7M, after a profit of $130K the previous quarter.
Operating cash flow was −$10.0M. Non-cash charges added back $2.3M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items used $6.7M. Capital expenditures of $415K exceeded it, leaving free cash flow of −$10.4M.
Questions
What was Evolus' revenue in the first quarter 2026?
Evolus (EOLS) reported revenue of $73.1M for the first quarter 2026 (Q1 2026), +7% from a year earlier and -19% from the quarter before.
Was Evolus profitable in the first quarter 2026?
Operating loss was $6.8M (-9.4% of revenue) and net loss $10.7M.
Source: Evolus 10-Q on SEC EDGAR.