Filing Flows › Evolus (EOLS) › Q4 2025
Evolus (EOLS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 3, 2026
Evolus (EOLS) reported revenue of $90.3M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and +31% from the quarter before. Operating margin was 4.7%, net earnings $130K (0.1% of revenue).
Evolus, Q4 2025: revenue $90.3M (+14% year over year), operating margin 4.7%, net earnings $130K, operating cash flow $12.8M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $90.3M | +31% | +14% |
| Gross profit | $59.3M | +29% | +13% |
| Operating profit | $4.2M | — | — |
| Net earnings | $130K | — | — |
| Operating cash flow | $12.8M | — | +167% |
| Free cash flow | $11.3M | — | +160% |
What changed
Revenue was $90.3M in Q4 2025, up 14% year over year and up 31% from the previous quarter. Product revenue, net was the largest line at 99% of revenue.
Gross margin was 65.7%, down 1.0 points from a year earlier. Operating profit was $4.2M, a 4.7% margin (up 7.6 points year over year). Operating expenses grew 0% against revenue growth of 14%. Net earnings were $130K. The effective tax rate was 74.8%.
Operating cash flow was $12.8M (up 167% year over year), 9867% of net earnings. Non-cash charges added back $2.3M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items added $5.3M. Capital expenditures of $1.5M left free cash flow of $11.3M.
Questions
What was Evolus' revenue in the fourth quarter 2025?
Evolus (EOLS) reported revenue of $90.3M for the fourth quarter 2025 (Q4 2025), +14% from a year earlier and +31% from the quarter before.
Was Evolus profitable in the fourth quarter 2025?
Operating profit was $4.2M (4.7% of revenue) and net earnings $130K.
Source: Evolus 10-K on SEC EDGAR.