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Side-by-side financial comparison of PATHWARD FINANCIAL, INC. (CASH) and Evolus, Inc. (EOLS). Click either name above to swap in a different company.
PATHWARD FINANCIAL, INC. is the larger business by last-quarter revenue ($173.1M vs $90.3M, roughly 1.9× Evolus, Inc.). PATHWARD FINANCIAL, INC. runs the higher net margin — 20.3% vs 0.1%, a 20.2% gap on every dollar of revenue. On growth, Evolus, Inc. posted the faster year-over-year revenue change (14.4% vs -0.2%). PATHWARD FINANCIAL, INC. produced more free cash flow last quarter ($104.1M vs $11.3M). Over the past eight quarters, Evolus, Inc.'s revenue compounded faster (23.4% CAGR vs -18.0%).
Pathward Financial, Inc. is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms.
Evolus, Inc. is a medical aesthetics company focused on developing and commercializing non-surgical cosmetic treatment solutions. Its flagship product is a prescription neuromodulator designed to reduce moderate to severe glabellar frown lines, serving licensed aesthetic healthcare providers and consumers across North America, Europe, and key Asia-Pacific regional markets.
CASH vs EOLS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $90.3M |
| Net Profit | $35.2M | $130.0K |
| Gross Margin | — | 65.7% |
| Operating Margin | 24.6% | 4.7% |
| Net Margin | 20.3% | 0.1% |
| Revenue YoY | -0.2% | 14.4% |
| Net Profit YoY | 11.9% | 101.9% |
| EPS (diluted) | $1.57 | $0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $173.1M | $90.3M | ||
| Q3 25 | $186.7M | $69.0M | ||
| Q2 25 | $195.8M | $69.4M | ||
| Q1 25 | $274.8M | $68.5M | ||
| Q4 24 | $182.6M | $78.9M | ||
| Q3 24 | $179.5M | $61.1M | ||
| Q2 24 | $188.6M | $66.9M | ||
| Q1 24 | $257.6M | $59.3M |
| Q4 25 | $35.2M | $130.0K | ||
| Q3 25 | $38.8M | $-15.7M | ||
| Q2 25 | $42.1M | $-17.1M | ||
| Q1 25 | $75.0M | $-18.9M | ||
| Q4 24 | $30.0M | $-6.8M | ||
| Q3 24 | $33.5M | $-19.2M | ||
| Q2 24 | $44.9M | $-11.3M | ||
| Q1 24 | $69.9M | $-13.1M |
| Q4 25 | — | 65.7% | ||
| Q3 25 | — | 66.5% | ||
| Q2 25 | — | 65.3% | ||
| Q1 25 | — | 68.1% | ||
| Q4 24 | — | 66.7% | ||
| Q3 24 | — | 68.9% | ||
| Q2 24 | — | 70.3% | ||
| Q1 24 | — | 68.3% |
| Q4 25 | 24.6% | 4.7% | ||
| Q3 25 | 25.9% | -16.7% | ||
| Q2 25 | 24.1% | -14.7% | ||
| Q1 25 | 33.2% | -22.1% | ||
| Q4 24 | 19.8% | -2.9% | ||
| Q3 24 | 20.9% | -25.3% | ||
| Q2 24 | 27.1% | -11.5% | ||
| Q1 24 | 33.8% | -15.0% |
| Q4 25 | 20.3% | 0.1% | ||
| Q3 25 | 20.8% | -22.8% | ||
| Q2 25 | 21.5% | -24.7% | ||
| Q1 25 | 27.3% | -27.6% | ||
| Q4 24 | 16.4% | -8.6% | ||
| Q3 24 | 18.7% | -31.4% | ||
| Q2 24 | 23.8% | -17.0% | ||
| Q1 24 | 27.1% | -22.1% |
| Q4 25 | $1.57 | $0.01 | ||
| Q3 25 | $1.69 | $-0.24 | ||
| Q2 25 | $1.81 | $-0.27 | ||
| Q1 25 | $3.14 | $-0.30 | ||
| Q4 24 | $1.23 | $-0.11 | ||
| Q3 24 | $1.34 | $-0.30 | ||
| Q2 24 | $1.78 | $-0.18 | ||
| Q1 24 | $2.74 | $-0.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $331.2M | $53.8M |
| Total DebtLower is stronger | $33.5M | $146.1M |
| Stockholders' EquityBook value | $854.5M | $-23.1M |
| Total Assets | $7.6B | $225.9M |
| Debt / EquityLower = less leverage | 0.04× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $331.2M | $53.8M | ||
| Q3 25 | $120.6M | $43.5M | ||
| Q2 25 | $258.3M | $61.7M | ||
| Q1 25 | $254.2M | $67.9M | ||
| Q4 24 | $597.4M | $87.0M | ||
| Q3 24 | $158.3M | $85.0M | ||
| Q2 24 | $298.9M | $93.7M | ||
| Q1 24 | $347.9M | $97.0M |
| Q4 25 | $33.5M | $146.1M | ||
| Q3 25 | $33.5M | — | ||
| Q2 25 | $33.4M | — | ||
| Q1 25 | $33.4M | $121.8M | ||
| Q4 24 | $33.4M | $121.5M | ||
| Q3 24 | $33.4M | $121.2M | ||
| Q2 24 | $33.3M | $120.9M | ||
| Q1 24 | $33.4M | $120.6M |
| Q4 25 | $854.5M | $-23.1M | ||
| Q3 25 | $858.0M | $-28.8M | ||
| Q2 25 | $819.0M | $-18.7M | ||
| Q1 25 | $814.7M | $-6.6M | ||
| Q4 24 | $758.3M | $5.5M | ||
| Q3 24 | $822.5M | $5.9M | ||
| Q2 24 | $748.4M | $19.3M | ||
| Q1 24 | $719.5M | $18.4M |
| Q4 25 | $7.6B | $225.9M | ||
| Q3 25 | $7.2B | $219.0M | ||
| Q2 25 | $7.2B | $228.8M | ||
| Q1 25 | $7.0B | $213.4M | ||
| Q4 24 | $7.6B | $232.6M | ||
| Q3 24 | $7.5B | $229.6M | ||
| Q2 24 | $7.5B | $233.8M | ||
| Q1 24 | $7.4B | $226.2M |
| Q4 25 | 0.04× | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | 0.04× | — | ||
| Q1 25 | 0.04× | — | ||
| Q4 24 | 0.04× | 22.00× | ||
| Q3 24 | 0.04× | 20.58× | ||
| Q2 24 | 0.04× | 6.26× | ||
| Q1 24 | 0.05× | 6.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $108.3M | $12.8M |
| Free Cash FlowOCF − Capex | $104.1M | $11.3M |
| FCF MarginFCF / Revenue | 60.1% | 12.6% |
| Capex IntensityCapex / Revenue | 2.4% | 1.6% |
| Cash ConversionOCF / Net Profit | 3.08× | 98.67× |
| TTM Free Cash FlowTrailing 4 quarters | $616.8M | $-45.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $108.3M | $12.8M | ||
| Q3 25 | $303.7M | $-14.7M | ||
| Q2 25 | $30.4M | $-24.8M | ||
| Q1 25 | $188.3M | $-15.6M | ||
| Q4 24 | $-71.7M | $4.8M | ||
| Q3 24 | $143.1M | $-5.7M | ||
| Q2 24 | $113.2M | $-6.5M | ||
| Q1 24 | $203.0M | $-10.6M |
| Q4 25 | $104.1M | $11.3M | ||
| Q3 25 | $300.3M | $-15.6M | ||
| Q2 25 | $27.7M | $-25.5M | ||
| Q1 25 | $184.7M | $-16.0M | ||
| Q4 24 | $-73.8M | $4.4M | ||
| Q3 24 | $138.8M | $-6.0M | ||
| Q2 24 | $111.0M | $-6.9M | ||
| Q1 24 | $201.3M | $-10.9M |
| Q4 25 | 60.1% | 12.6% | ||
| Q3 25 | 160.9% | -22.7% | ||
| Q2 25 | 14.1% | -36.7% | ||
| Q1 25 | 67.2% | -23.3% | ||
| Q4 24 | -40.4% | 5.5% | ||
| Q3 24 | 77.3% | -9.9% | ||
| Q2 24 | 58.8% | -10.4% | ||
| Q1 24 | 78.1% | -18.3% |
| Q4 25 | 2.4% | 1.6% | ||
| Q3 25 | 1.8% | 1.4% | ||
| Q2 25 | 1.4% | 1.0% | ||
| Q1 25 | 1.3% | 0.5% | ||
| Q4 24 | 1.1% | 0.6% | ||
| Q3 24 | 2.4% | 0.5% | ||
| Q2 24 | 1.2% | 0.7% | ||
| Q1 24 | 0.7% | 0.4% |
| Q4 25 | 3.08× | 98.67× | ||
| Q3 25 | 7.83× | — | ||
| Q2 25 | 0.72× | — | ||
| Q1 25 | 2.51× | — | ||
| Q4 24 | -2.39× | — | ||
| Q3 24 | 4.27× | — | ||
| Q2 24 | 2.52× | — | ||
| Q1 24 | 2.90× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CASH
| Consumer | $103.0M | 59% |
| Payment Card And Deposit Fees | $30.1M | 17% |
| Other | $24.2M | 14% |
| Rental Income | $11.6M | 7% |
| Commercial | $4.2M | 2% |
EOLS
Segment breakdown not available.
