Evolus, Inc. income statement
In fiscal 2025, Evolus, Inc. reported revenue of $297m, up 11.6% on the year before, operating income of −$32.7m (a -11.0% margin) and net income of −$51.6m, or −$0.80 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 35 | 57 | 100 | 149 | 202 | 266 | 297 | 316 |
| Cost of revenue | 0 | 8 | 18 | 44 | 59 | 65 | 84 | 100 | 105 |
| Gross profit | 0 | 27 | 38 | 56 | 90 | 138 | 182 | 197 | 211 |
| Research and development | 6 | 4 | 2 | 2 | 5 | 7 | 9 | 10 | 10 |
| Selling, general and administrative | 29 | 114 | 98 | 112 | 142 | 165 | 198 | 221 | 217 |
| Operating income | −46 | −99 | −153 | −44 | −65 | −49 | −34 | −33 | −19 |
| Interest expense | 1 | — | — | 1 | 9 | 14 | 19 | 20 | 16 |
| Income before tax | −47 | −105 | −163 | −47 | −74 | −62 | −50 | −51 | −34 |
| Income tax | 0 | −15 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Net income | −47 | −90 | −163 | −47 | −74 | −62 | −50 | −52 | −34 |
| Diluted EPS | −$1.92 | −$3.19 | −$4.83 | −$0.94 | −$1.33 | −$1.08 | −$0.81 | −$0.80 | −$0.53 |
| Diluted shares (average) | 24m | 28m | 34m | 50m | 56m | 57m | 62m | 64m | 65m |
| EBITDA | −46 | −95 | −146 | −39 | −62 | −44 | −29 | −25 | −11 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 61 | 79 | 69 | 69 | 69 | 90 | 73 | 84 |
| Cost of revenue | 19 | 26 | 22 | 24 | 23 | 31 | 24 | 27 |
| Gross profit | 42 | 53 | 47 | 45 | 46 | 59 | 49 | 57 |
| Research and development | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 |
| Selling, general and administrative | 53 | 50 | 57 | 57 | 53 | 55 | 52 | 57 |
| Operating income | −15 | −2 | −15 | −10 | −12 | 4 | −7 | −5 |
| Interest expense | 5 | 5 | 4 | 7 | 4 | 4 | 4 | 4 |
| Income before tax | −19 | −6 | −19 | −17 | −16 | 1 | −10 | −8 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −0 |
| Net income | −19 | −7 | −19 | −17 | −16 | 0 | −11 | −8 |
| Diluted EPS | −$0.30 | −$0.10 | −$0.30 | −$0.27 | −$0.24 | $0.00 | −$0.16 | −$0.12 |
| EBITDA | −14 | −1 | −14 | −9 | −10 | 6 | −5 | −3 |
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