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Side-by-side financial comparison of Clarus Corp (CLAR) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.

OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $65.4M, roughly 1.6× Clarus Corp). OLAPLEX HOLDINGS, INC. runs the higher net margin — -12.5% vs -47.8%, a 35.3% gap on every dollar of revenue. On growth, OLAPLEX HOLDINGS, INC. posted the faster year-over-year revenue change (4.3% vs -8.4%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $11.6M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs -2.9%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.

CLAR vs OLPX — Head-to-Head

Bigger by revenue
OLPX
OLPX
1.6× larger
OLPX
$105.1M
$65.4M
CLAR
Growing faster (revenue YoY)
OLPX
OLPX
+12.7% gap
OLPX
4.3%
-8.4%
CLAR
Higher net margin
OLPX
OLPX
35.3% more per $
OLPX
-12.5%
-47.8%
CLAR
More free cash flow
OLPX
OLPX
$21.0M more FCF
OLPX
$32.6M
$11.6M
CLAR
Faster 2-yr revenue CAGR
OLPX
OLPX
Annualised
OLPX
3.1%
-2.9%
CLAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLAR
CLAR
OLPX
OLPX
Revenue
$65.4M
$105.1M
Net Profit
$-31.3M
$-13.1M
Gross Margin
27.7%
68.0%
Operating Margin
-59.6%
-4.3%
Net Margin
-47.8%
-12.5%
Revenue YoY
-8.4%
4.3%
Net Profit YoY
52.3%
-48.9%
EPS (diluted)
$-0.81
$-0.02

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.

Revenue
CLAR
CLAR
OLPX
OLPX
Q4 25
$65.4M
$105.1M
Q3 25
$69.3M
$114.6M
Q2 25
$55.2M
$106.3M
Q1 25
$60.4M
$97.0M
Q4 24
$71.4M
$100.7M
Q3 24
$67.1M
$119.1M
Q2 24
$56.5M
$103.9M
Q1 24
$69.3M
$98.9M
Net Profit
CLAR
CLAR
OLPX
OLPX
Q4 25
$-31.3M
$-13.1M
Q3 25
$-1.6M
$11.1M
Q2 25
$-8.4M
$-7.7M
Q1 25
$-5.2M
$465.0K
Q4 24
$-65.5M
$-8.8M
Q3 24
$-3.2M
$14.8M
Q2 24
$-5.5M
$5.8M
Q1 24
$21.9M
$7.7M
Gross Margin
CLAR
CLAR
OLPX
OLPX
Q4 25
27.7%
68.0%
Q3 25
35.1%
69.1%
Q2 25
35.6%
71.2%
Q1 25
34.4%
69.5%
Q4 24
33.4%
66.3%
Q3 24
35.0%
68.6%
Q2 24
36.1%
69.7%
Q1 24
35.9%
72.1%
Operating Margin
CLAR
CLAR
OLPX
OLPX
Q4 25
-59.6%
-4.3%
Q3 25
-4.4%
3.7%
Q2 25
-19.7%
-1.1%
Q1 25
-11.2%
8.7%
Q4 24
-70.2%
3.0%
Q3 24
-8.0%
23.5%
Q2 24
-14.4%
15.7%
Q1 24
-9.8%
19.8%
Net Margin
CLAR
CLAR
OLPX
OLPX
Q4 25
-47.8%
-12.5%
Q3 25
-2.3%
9.7%
Q2 25
-15.3%
-7.3%
Q1 25
-8.7%
0.5%
Q4 24
-91.8%
-8.7%
Q3 24
-4.7%
12.4%
Q2 24
-9.7%
5.6%
Q1 24
31.6%
7.8%
EPS (diluted)
CLAR
CLAR
OLPX
OLPX
Q4 25
$-0.81
$-0.02
Q3 25
$-0.04
$0.02
Q2 25
$-0.22
$-0.01
Q1 25
$-0.14
$0.00
Q4 24
$-1.72
$-0.01
Q3 24
$-0.08
$0.02
Q2 24
$-0.14
$0.01
Q1 24
$0.57
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLAR
CLAR
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$36.7M
$318.7M
Total DebtLower is stronger
$0
$352.3M
Stockholders' EquityBook value
$196.4M
$879.4M
Total Assets
$249.0M
$1.5B
Debt / EquityLower = less leverage
0.00×
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
OLPX
OLPX
Q4 25
$36.7M
$318.7M
Q3 25
$29.5M
$286.4M
Q2 25
$28.5M
$289.3M
Q1 25
$41.3M
$580.9M
Q4 24
$45.4M
$586.0M
Q3 24
$36.4M
$538.8M
Q2 24
$46.2M
$507.9M
Q1 24
$47.5M
$507.5M
Total Debt
CLAR
CLAR
OLPX
OLPX
Q4 25
$0
$352.3M
Q3 25
$2.0M
$352.1M
Q2 25
$1.9M
$351.9M
Q1 25
$1.9M
$649.1M
Q4 24
$1.9M
$650.5M
Q3 24
$651.8M
Q2 24
$653.1M
Q1 24
$37.0K
$654.4M
Stockholders' Equity
CLAR
CLAR
OLPX
OLPX
Q4 25
$196.4M
$879.4M
Q3 25
$225.8M
$888.7M
Q2 25
$225.1M
$874.2M
Q1 25
$229.3M
$878.3M
Q4 24
$233.1M
$874.4M
Q3 24
$308.5M
$879.7M
Q2 24
$307.3M
$863.3M
Q1 24
$310.4M
$855.7M
Total Assets
CLAR
CLAR
OLPX
OLPX
Q4 25
$249.0M
$1.5B
Q3 25
$283.1M
$1.5B
Q2 25
$286.5M
$1.5B
Q1 25
$292.8M
$1.8B
Q4 24
$294.1M
$1.8B
Q3 24
$375.3M
$1.8B
Q2 24
$369.4M
$1.8B
Q1 24
$377.0M
$1.8B
Debt / Equity
CLAR
CLAR
OLPX
OLPX
Q4 25
0.00×
0.40×
Q3 25
0.01×
0.40×
Q2 25
0.01×
0.40×
Q1 25
0.01×
0.74×
Q4 24
0.01×
0.74×
Q3 24
0.74×
Q2 24
0.76×
Q1 24
0.00×
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLAR
CLAR
OLPX
OLPX
Operating Cash FlowLast quarter
$12.5M
$32.7M
Free Cash FlowOCF − Capex
$11.6M
$32.6M
FCF MarginFCF / Revenue
17.7%
31.0%
Capex IntensityCapex / Revenue
1.4%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-9.9M
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
OLPX
OLPX
Q4 25
$12.5M
$32.7M
Q3 25
$-5.7M
$8.0M
Q2 25
$-9.4M
$20.9M
Q1 25
$-2.1M
$-2.9M
Q4 24
$16.6M
$49.7M
Q3 24
$-8.3M
$33.5M
Q2 24
$834.0K
$16.2M
Q1 24
$-16.4M
$43.7M
Free Cash Flow
CLAR
CLAR
OLPX
OLPX
Q4 25
$11.6M
$32.6M
Q3 25
$-7.0M
$7.9M
Q2 25
$-11.3M
$20.8M
Q1 25
$-3.3M
$-3.0M
Q4 24
$14.4M
$49.2M
Q3 24
$-9.4M
$33.3M
Q2 24
$-744.0K
$16.1M
Q1 24
$-18.3M
$43.3M
FCF Margin
CLAR
CLAR
OLPX
OLPX
Q4 25
17.7%
31.0%
Q3 25
-10.0%
6.9%
Q2 25
-20.4%
19.6%
Q1 25
-5.4%
-3.1%
Q4 24
20.1%
48.9%
Q3 24
-14.0%
28.0%
Q2 24
-1.3%
15.5%
Q1 24
-26.3%
43.7%
Capex Intensity
CLAR
CLAR
OLPX
OLPX
Q4 25
1.4%
0.1%
Q3 25
1.8%
0.1%
Q2 25
3.4%
0.1%
Q1 25
2.0%
0.0%
Q4 24
3.1%
0.4%
Q3 24
1.6%
0.1%
Q2 24
2.8%
0.1%
Q1 24
2.7%
0.5%
Cash Conversion
CLAR
CLAR
OLPX
OLPX
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
-6.27×
Q4 24
Q3 24
2.26×
Q2 24
2.81×
Q1 24
-0.75×
5.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

OLPX
OLPX

Sales Channel Directly To Consumer$43.6M42%
Sales Channel Through Intermediary Professional$36.8M35%
Sales Channel Through Intermediary Specialty Retail$24.7M23%

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