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Side-by-side financial comparison of Emerald Holding, Inc. (EEX) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.
Emerald Holding, Inc. is the larger business by last-quarter revenue ($132.7M vs $105.1M, roughly 1.3× OLAPLEX HOLDINGS, INC.). OLAPLEX HOLDINGS, INC. runs the higher net margin — -12.5% vs -22.8%, a 10.3% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs 4.3%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $11.7M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs -0.3%).
TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.
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.
EEX vs OLPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $132.7M | $105.1M |
| Net Profit | $-30.2M | $-13.1M |
| Gross Margin | — | 68.0% |
| Operating Margin | -11.8% | -4.3% |
| Net Margin | -22.8% | -12.5% |
| Revenue YoY | 24.3% | 4.3% |
| Net Profit YoY | -692.2% | -48.9% |
| EPS (diluted) | $-0.15 | $-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.
| Q4 25 | $132.7M | $105.1M | ||
| Q3 25 | $77.5M | $114.6M | ||
| Q2 25 | $105.5M | $106.3M | ||
| Q1 25 | $147.7M | $97.0M | ||
| Q4 24 | $106.8M | $100.7M | ||
| Q3 24 | $72.6M | $119.1M | ||
| Q2 24 | $86.0M | $103.9M | ||
| Q1 24 | $133.4M | $98.9M |
| Q4 25 | $-30.2M | $-13.1M | ||
| Q3 25 | $-14.4M | $11.1M | ||
| Q2 25 | $-1.4M | $-7.7M | ||
| Q1 25 | $15.3M | $465.0K | ||
| Q4 24 | $5.1M | $-8.8M | ||
| Q3 24 | $-11.1M | $14.8M | ||
| Q2 24 | $-2.8M | $5.8M | ||
| Q1 24 | $11.0M | $7.7M |
| 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% | ||
| Q1 24 | — | 72.1% |
| Q4 25 | -11.8% | -4.3% | ||
| Q3 25 | -10.1% | 3.7% | ||
| Q2 25 | 9.7% | -1.1% | ||
| Q1 25 | 24.2% | 8.7% | ||
| Q4 24 | 19.5% | 3.0% | ||
| Q3 24 | -6.5% | 23.5% | ||
| Q2 24 | 7.4% | 15.7% | ||
| Q1 24 | 18.2% | 19.8% |
| Q4 25 | -22.8% | -12.5% | ||
| Q3 25 | -18.6% | 9.7% | ||
| Q2 25 | -1.3% | -7.3% | ||
| Q1 25 | 10.4% | 0.5% | ||
| Q4 24 | 4.8% | -8.7% | ||
| Q3 24 | -15.3% | 12.4% | ||
| Q2 24 | -3.3% | 5.6% | ||
| Q1 24 | 8.2% | 7.8% |
| Q4 25 | $-0.15 | $-0.02 | ||
| Q3 25 | $-0.07 | $0.02 | ||
| Q2 25 | $-0.01 | $-0.01 | ||
| Q1 25 | $0.08 | $0.00 | ||
| Q4 24 | $0.01 | $-0.01 | ||
| Q3 24 | $-0.05 | $0.02 | ||
| Q2 24 | $-0.03 | $0.01 | ||
| Q1 24 | $0.00 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $100.9M | $318.7M |
| Total DebtLower is stronger | — | $352.3M |
| Stockholders' EquityBook value | $338.8M | $879.4M |
| Total Assets | $1.2B | $1.5B |
| Debt / EquityLower = less leverage | — | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $100.9M | $318.7M | ||
| Q3 25 | $95.4M | $286.4M | ||
| Q2 25 | $156.4M | $289.3M | ||
| Q1 25 | $276.8M | $580.9M | ||
| Q4 24 | $194.8M | $586.0M | ||
| Q3 24 | $188.9M | $538.8M | ||
| Q2 24 | $193.2M | $507.9M | ||
| Q1 24 | $186.8M | $507.5M |
| Q4 25 | — | $352.3M | ||
| Q3 25 | — | $352.1M | ||
| Q2 25 | — | $351.9M | ||
| Q1 25 | — | $649.1M | ||
| Q4 24 | — | $650.5M | ||
| Q3 24 | — | $651.8M | ||
| Q2 24 | — | $653.1M | ||
| Q1 24 | — | $654.4M |
| Q4 25 | $338.8M | $879.4M | ||
| Q3 25 | $369.5M | $888.7M | ||
| Q2 25 | $389.4M | $874.2M | ||
| Q1 25 | $392.1M | $878.3M | ||
| Q4 24 | $385.9M | $874.4M | ||
| Q3 24 | $391.1M | $879.7M | ||
| Q2 24 | $407.6M | $863.3M | ||
| Q1 24 | $-90.7M | $855.7M |
| Q4 25 | $1.2B | $1.5B | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.2B | $1.5B | ||
| Q1 25 | $1.2B | $1.8B | ||
| Q4 24 | $1.0B | $1.8B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.1B | $1.8B | ||
| Q1 24 | $1.1B | $1.8B |
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 0.40× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.3M | $32.7M |
| Free Cash FlowOCF − Capex | $11.7M | $32.6M |
| FCF MarginFCF / Revenue | 8.8% | 31.0% |
| Capex IntensityCapex / Revenue | 0.5% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $41.4M | $58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $32.7M | ||
| Q3 25 | $1.8M | $8.0M | ||
| Q2 25 | $15.9M | $20.9M | ||
| Q1 25 | $12.6M | $-2.9M | ||
| Q4 24 | $20.6M | $49.7M | ||
| Q3 24 | $9.1M | $33.5M | ||
| Q2 24 | $9.8M | $16.2M | ||
| Q1 24 | $7.3M | $43.7M |
| Q4 25 | $11.7M | $32.6M | ||
| Q3 25 | $1.5M | $7.9M | ||
| Q2 25 | $15.8M | $20.8M | ||
| Q1 25 | $12.4M | $-3.0M | ||
| Q4 24 | $19.9M | $49.2M | ||
| Q3 24 | $9.0M | $33.3M | ||
| Q2 24 | $9.6M | $16.1M | ||
| Q1 24 | $7.0M | $43.3M |
| Q4 25 | 8.8% | 31.0% | ||
| Q3 25 | 1.9% | 6.9% | ||
| Q2 25 | 15.0% | 19.6% | ||
| Q1 25 | 8.4% | -3.1% | ||
| Q4 24 | 18.6% | 48.9% | ||
| Q3 24 | 12.4% | 28.0% | ||
| Q2 24 | 11.2% | 15.5% | ||
| Q1 24 | 5.2% | 43.7% |
| Q4 25 | 0.5% | 0.1% | ||
| Q3 25 | 0.4% | 0.1% | ||
| Q2 25 | 0.1% | 0.1% | ||
| Q1 25 | 0.1% | 0.0% | ||
| Q4 24 | 0.7% | 0.4% | ||
| Q3 24 | 0.1% | 0.1% | ||
| Q2 24 | 0.2% | 0.1% | ||
| Q1 24 | 0.2% | 0.5% |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.82× | -6.27× | ||
| Q4 24 | 4.04× | — | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 2.81× | ||
| Q1 24 | 0.66× | 5.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EEX
| Connections Segment | $121.9M | 92% |
| Commerce Segment | $5.5M | 4% |
| Content | $5.3M | 4% |
OLPX
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |
