Evolus, Inc.

EOLS Healthcare Drug Manufacturers Specialty & Generic

Evolus, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $297.2 million, up 11.6% from fiscal 2024.

Revenue
+13.0%
EPS
+20.8%
Free cash flow
+77.7%
Total debt
+7.63%

Quarter to September 2026, against a year earlier

6.86 0.61 −8.17%
Market cap
$448.8M
P/E
0.0×
Fwd P/E
−14.9×
Dividend yield
—
F-score
3/9
Altman Z
−1.87
Beneish M
−2.59
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 1.12
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 2 — — 2 — — — — — 1 — —
Insider Ownership 12.48%

Capital & Financial Ratios $m

Size
Market Cap 448.82
Revenue ttm 325.47
Net income ttm (31.11)
Free cash flow ttm (8.82)
Net debt Q 115.20
Valuation
P/E 0.00
Forward P/E (14.90) (negative: loss-making)
Price / sales 1.39
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 1.42
Debt / equity Q (4.15) (negative: negative equity)
Interest coverage Q (1.98)
Growth
Revenue growth Q +13.03% (above 0%: growing)
Operating income growth Q +26.71% (above 0%: growing)
EPS, this year +92.60% (at or above 15%: strong)
EPS, next year A +1,158.46% (at or above 15%: strong)
Revenue, next year A +12.46% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +16.50% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 7.35%
10-year low 10-year high
EV/Sales against its own 10 years 7.59%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 63 87 54 42
Receivables 31 48 55 60
Inventory 11 12 27 83
Other 2 1 4 12
112 151 143 202
2023 2024 2025 Q'26
Payables 4 9 23 86
ST’ Debt — — — —
Other 9 11 13 —
48 63 75 142

Compound Annual Growth %

10y 5y 3y
Sales — 39.36% 25.98%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.16) (0.12) (0.19) — —
’25 (0.30) (0.27) (0.24) 0.00 (0.80)
’24 (0.22) (0.18) (0.30) (0.11) (0.81)
’23 (0.26) (0.32) (0.30) (0.21) (1.08)
’22 (0.31) (0.42) (0.36) (0.23) (1.33)
’21 0.16 (0.31) (0.35) (0.33) (0.94)
’20 (0.59) (0.63) (0.34) (3.28) (4.83)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 73 84 78 — —
’25 69 69 69 90 297
’24 59 67 61 79 266
’23 42 49 50 61 202
’22 34 37 34 44 149
’21 12 26 27 35 100
’20 10 8 18 21 57
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (10) (4) (2) — —
’25 (16) (25) (15) 13 (42)
’24 (11) (6) (6) 5 (18)
’23 (21) (13) (1) 1 (34)
’22 (38) (21) (17) (9) (85)
’21 (8) 16 (32) (9) (33)
’20 (28) (14) (14) (2) (58)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (12) (4) (4) — —
’25 (17) (27) (17) 11 (51)
’24 (11) (8) (7) 3 (23)
’23 (21) (14) (1) 0 (36)
’22 (38) (21) (18) (10) (88)
’21 (9) 16 (32) (9) (34)
’20 (29) (15) (14) (3) (61)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — 35 57 100 149 202 266 297 325 +42.9% 334 392 463 +15.9%
Gross margin, % 0.00 0.00 0.00 77.05 67.64 56.32 60.41 68.08 68.46 66.33 66.38 +66.3 pt
EBT (20) (12) (47) (105) (163) (47) (74) (62) (50) (51) (30) +11.0%
EBT margin, % 0.00 0.00 0.00 (300.82) (288.18) (46.92) (50.01) (30.44) (18.69) (17.15) (9.32) (17.2) pt
Net income (20) (4) (47) (90) (163) (47) (74) (62) (50) (52) (31) +11.1%
Per share, $
Per share, $ Revenue 0.00 0.00 0.00 1.24 1.68 2.00 2.65 3.55 4.29 4.61 4.93 n/m
Earnings (1.21) (0.27) (1.92) (3.19) (4.83) (0.94) (1.33) (1.08) (0.81) (0.80) (0.47) (4.5%)
Cash flow (0.80) (0.80) (1.05) (3.31) (1.72) (0.67) (1.51) (0.60) (0.29) (0.66) (0.04) (2.2%)
Capex 0.00 0.00 0.00 (0.16) (0.09) (0.02) (0.05) (0.03) (0.08) (0.13) (0.09) n/m
Free cash flow (0.80) (0.80) (1.05) (3.47) (1.81) (0.69) (1.57) (0.63) (0.37) (0.79) (0.13) (0.2%)
Book value (0.43) (4.57) 3.46 2.81 (2.16) 1.65 0.33 (0.36) 0.09 (0.36) (0.57) (2.0%)
Shares, m 17 17 24 28 34 50 56 57 62 64 65 +16.3%
Valuation, ×
Valuation, × P/E — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/S — — — 0.00 2.00 3.25 2.95 2.81 2.57 1.44 1.39 2.1
P/B — — — 4.33 0.00 3.96 23.73 0.00 123.99 0.00 0.00 22.3
EV/Sales — — — 0.00 2.13 3.24 3.58 3.47 2.98 2.00 1.98 2.5
EV/FCF — — — (2.95) (1.98) (9.41) (6.05) (19.66) (34.77) (11.74) (72.93) (12.4)
Cash, $m
Cash, $m Operating cash flow (13) (13) (26) (93) (58) (33) (85) (34) (18) (42) (3) +13.7%
Capex — — 0 (5) (3) (1) (3) (2) (5) (8) (6) +165.9%
Free cash flow (13) (13) (26) (98) (61) (34) (88) (36) (23) (51) (9) +16.1%
Balance, $m
Balance, $m Working capital (63) (140) 89 128 (53) 121 54 64 88 68 59 n/m
Net debt 60 73 (76) (55) 7 (75) 18 58 35 92 115 +5.0%
Shareholders’ equity (7) (76) 84 79 (73) 82 18 (21) 6 (23) (38) +14.0%
Returns, %
Returns, % ROA (25.27) (3.90) (28.92) (43.68) (72.53) (20.07) (34.18) (33.62) (23.92) (22.53) (12.38) +2.7 pt
ROIC (23.78) 0.00 (354.89) (253.85) 0.00 (405.63) (112.00) (83.54) (53.67) (29.51) (12.60) (5.7) pt
ROE (819.65) 10.84 (1,060.22) (109.90) (5,016.56) (1,049.79) (148.27) 5,633.33 664.86 587.36 93.47 +1,407.0 pt
People
People Employees 22 21 70 235 119 167 215 273 332 334 — +35.3%
Revenue/emp, $m 0.00 0.00 0.00 0.15 0.48 0.60 0.69 0.74 0.80 0.89 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

Evolus, Inc. vs peers in Drug Manufacturers Specialty & Generic (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
COLL Collegium Pharmaceutical, Inc. $819.1M 20.5× 21.3× +3.33% (above 0%: growing) −31.00% (below 0%: shrinking) +10.24% (above 0%: growing) 57.97% 13.28% Compare
IRWD Ironwood Pharmaceuticals, Inc. $665.9M 4.3× 2.9× +9.00% (above 0%: growing) +44.00% (above 0%: growing) +41.66% (above 0%: growing) 100.00% 70.00% Compare
EVO Evotec AG $630.4M — (loss-making) — (loss-making) −12.98% (below 0%: shrinking) n/m −9,727.20% (below 0%: shrinking) (1.00%) (77.50%) Compare
TKNO Alpha Teknova, Inc. $486.2M — (loss-making) — (loss-making) +21.52% (above 0%: growing) n/m +40.94% (above 0%: growing) 37.99% (25.24%) Compare
AQST Aquestive Therapeutics, Inc. $460.0M — (loss-making) — (loss-making) −40.99% (below 0%: shrinking) n/m +40.78% (above 0%: growing) 52.28% (191.46%) Compare
EOLS Evolus, Inc. $448.8M — (loss-making) — (loss-making) +13.03% (above 0%: growing) n/m +77.73% (above 0%: growing) 65.02% (10.81%)
TLRY Tilray Brands, Inc. $415.3M — (loss-making) — (loss-making) +22.74% (above 0%: growing) n/m −159.66% (below 0%: shrinking) 30.14% (9.35%) Compare
KMDA Kamada Ltd. $396.3M 18.1× — (loss-making) +22.72% (above 0%: growing) +23.08% (above 0%: growing) +165.71% (above 0%: growing) 40.91% 17.32% Compare
ACB Aurora Cannabis Inc. $341.2M — (loss-making) — (loss-making) −31.15% (below 0%: shrinking) n/m −293.56% (below 0%: shrinking) 52.73% (12.92%) Compare
Median of peers $473.1M 18.1× — +6.16% +23.08% +25.51% 46.60% (11.13%)

All 84 Drug Manufacturers Specialty & Generic stocks →

Pay and ownership Proxy statement filed 29 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 6.41m (746.48k) 102.15
2024 7.00m 4.81m 169.59
2023 11.24m 13.56m 161.75
2022 3.60m 5.82m 115.36

Ownership

Directors and executive officers, together 5.00% of the votes
Timothy P. Lynch 9.80% of the votes
Nantahala Capital Management, LLC 8.70% of the votes
BlackRock, Inc. 6.60% of the votes
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Evolus, Inc. (EOLS) Latest News

5 Nov

21 Oct

4 Mar

stockrow.com/EOLS · Data as of Nov 4, 2026 · For information only; not investment advice. · © 2026 stockrow.com