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

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $105.1M, roughly 1.1× OLAPLEX HOLDINGS, INC.). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $-32.0M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs OLPX — Head-to-Head

Bigger by revenue
CRC
CRC
1.1× larger
CRC
$119.0M
$105.1M
OLPX
More free cash flow
OLPX
OLPX
$64.6M more FCF
OLPX
$32.6M
$-32.0M
CRC
Faster 2-yr revenue CAGR
OLPX
OLPX
Annualised
OLPX
3.1%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CRC
CRC
OLPX
OLPX
Revenue
$119.0M
$105.1M
Net Profit
$-13.1M
Gross Margin
68.0%
Operating Margin
-597.5%
-4.3%
Net Margin
-12.5%
Revenue YoY
4.3%
Net Profit YoY
-48.9%
EPS (diluted)
$-8.02
$-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
CRC
CRC
OLPX
OLPX
Q1 26
$119.0M
Q4 25
$679.0M
$105.1M
Q3 25
$715.0M
$114.6M
Q2 25
$702.0M
$106.3M
Q1 25
$814.0M
$97.0M
Q4 24
$826.0M
$100.7M
Q3 24
$870.0M
$119.1M
Q2 24
$412.0M
$103.9M
Net Profit
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
$12.0M
$-13.1M
Q3 25
$64.0M
$11.1M
Q2 25
$172.0M
$-7.7M
Q1 25
$115.0M
$465.0K
Q4 24
$33.0M
$-8.8M
Q3 24
$345.0M
$14.8M
Q2 24
$8.0M
$5.8M
Gross Margin
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
68.0%
Q3 25
69.1%
Q2 25
71.2%
Q1 25
69.5%
Q4 24
66.3%
Q3 24
68.6%
Q2 24
69.7%
Operating Margin
CRC
CRC
OLPX
OLPX
Q1 26
-597.5%
Q4 25
6.9%
-4.3%
Q3 25
13.7%
3.7%
Q2 25
38.0%
-1.1%
Q1 25
22.9%
8.7%
Q4 24
8.2%
3.0%
Q3 24
59.5%
23.5%
Q2 24
9.2%
15.7%
Net Margin
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
1.8%
-12.5%
Q3 25
9.0%
9.7%
Q2 25
24.5%
-7.3%
Q1 25
14.1%
0.5%
Q4 24
4.0%
-8.7%
Q3 24
39.7%
12.4%
Q2 24
1.9%
5.6%
EPS (diluted)
CRC
CRC
OLPX
OLPX
Q1 26
$-8.02
Q4 25
$0.21
$-0.02
Q3 25
$0.76
$0.02
Q2 25
$1.92
$-0.01
Q1 25
$1.26
$0.00
Q4 24
$0.87
$-0.01
Q3 24
$3.78
$0.02
Q2 24
$0.11
$0.01

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$318.7M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$2.9B
$879.4M
Total Assets
$1.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
$132.0M
$318.7M
Q3 25
$196.0M
$286.4M
Q2 25
$72.0M
$289.3M
Q1 25
$214.0M
$580.9M
Q4 24
$372.0M
$586.0M
Q3 24
$241.0M
$538.8M
Q2 24
$1.0B
$507.9M
Total Debt
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
$352.3M
Q3 25
$1.0B
$352.1M
Q2 25
$1.0B
$351.9M
Q1 25
$1.0B
$649.1M
Q4 24
$1.1B
$650.5M
Q3 24
$1.1B
$651.8M
Q2 24
$1.2B
$653.1M
Stockholders' Equity
CRC
CRC
OLPX
OLPX
Q1 26
$2.9B
Q4 25
$3.7B
$879.4M
Q3 25
$3.4B
$888.7M
Q2 25
$3.4B
$874.2M
Q1 25
$3.5B
$878.3M
Q4 24
$3.5B
$874.4M
Q3 24
$3.5B
$879.7M
Q2 24
$2.1B
$863.3M
Total Assets
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
$7.4B
$1.5B
Q3 25
$6.8B
$1.5B
Q2 25
$6.7B
$1.5B
Q1 25
$6.8B
$1.8B
Q4 24
$7.1B
$1.8B
Q3 24
$7.1B
$1.8B
Q2 24
$4.5B
$1.8B
Debt / Equity
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
0.40×
Q3 25
0.29×
0.40×
Q2 25
0.30×
0.40×
Q1 25
0.29×
0.74×
Q4 24
0.32×
0.74×
Q3 24
0.32×
0.74×
Q2 24
0.57×
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
CRC
CRC
OLPX
OLPX
Operating Cash FlowLast quarter
$99.0M
$32.7M
Free Cash FlowOCF − Capex
$-32.0M
$32.6M
FCF MarginFCF / Revenue
-26.9%
31.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
OLPX
OLPX
Q1 26
$99.0M
Q4 25
$235.0M
$32.7M
Q3 25
$279.0M
$8.0M
Q2 25
$165.0M
$20.9M
Q1 25
$186.0M
$-2.9M
Q4 24
$206.0M
$49.7M
Q3 24
$220.0M
$33.5M
Q2 24
$97.0M
$16.2M
Free Cash Flow
CRC
CRC
OLPX
OLPX
Q1 26
$-32.0M
Q4 25
$115.0M
$32.6M
Q3 25
$188.0M
$7.9M
Q2 25
$109.0M
$20.8M
Q1 25
$131.0M
$-3.0M
Q4 24
$118.0M
$49.2M
Q3 24
$141.0M
$33.3M
Q2 24
$63.0M
$16.1M
FCF Margin
CRC
CRC
OLPX
OLPX
Q1 26
-26.9%
Q4 25
16.9%
31.0%
Q3 25
26.3%
6.9%
Q2 25
15.5%
19.6%
Q1 25
16.1%
-3.1%
Q4 24
14.3%
48.9%
Q3 24
16.2%
28.0%
Q2 24
15.3%
15.5%
Capex Intensity
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
17.7%
0.1%
Q3 25
12.7%
0.1%
Q2 25
8.0%
0.1%
Q1 25
6.8%
0.0%
Q4 24
10.7%
0.4%
Q3 24
9.1%
0.1%
Q2 24
8.3%
0.1%
Cash Conversion
CRC
CRC
OLPX
OLPX
Q1 26
Q4 25
19.58×
Q3 25
4.36×
0.72×
Q2 25
0.96×
Q1 25
1.62×
-6.27×
Q4 24
6.24×
Q3 24
0.64×
2.26×
Q2 24
12.13×
2.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

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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