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Side-by-side financial comparison of Evolus, Inc. (EOLS) and Energy Recovery, Inc. (ERII). Click either name above to swap in a different company.
Evolus, Inc. is the larger business by last-quarter revenue ($90.3M vs $66.9M, roughly 1.4× Energy Recovery, Inc.). Energy Recovery, Inc. runs the higher net margin — 40.2% vs 0.1%, a 40.1% gap on every dollar of revenue. On growth, Evolus, Inc. posted the faster year-over-year revenue change (14.4% vs -0.3%). Evolus, Inc. produced more free cash flow last quarter ($11.3M vs $6.4M). Over the past eight quarters, Evolus, Inc.'s revenue compounded faster (23.4% CAGR vs 8.1%).
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.
Energy Recovery Inc. is an American manufacturer of energy recovery devices for water and CO2 refrigeration industries.
EOLS vs ERII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $90.3M | $66.9M |
| Net Profit | $130.0K | $26.9M |
| Gross Margin | 65.7% | 67.2% |
| Operating Margin | 4.7% | 46.8% |
| Net Margin | 0.1% | 40.2% |
| Revenue YoY | 14.4% | -0.3% |
| Net Profit YoY | 101.9% | 14.7% |
| EPS (diluted) | $0.01 | $0.49 |
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 | $90.3M | $66.9M | ||
| Q3 25 | $69.0M | $32.0M | ||
| Q2 25 | $69.4M | $28.1M | ||
| Q1 25 | $68.5M | — | ||
| Q4 24 | $78.9M | $67.1M | ||
| Q3 24 | $61.1M | $38.6M | ||
| Q2 24 | $66.9M | $27.2M | ||
| Q1 24 | $59.3M | $12.1M |
| Q4 25 | $130.0K | $26.9M | ||
| Q3 25 | $-15.7M | $3.9M | ||
| Q2 25 | $-17.1M | $2.1M | ||
| Q1 25 | $-18.9M | — | ||
| Q4 24 | $-6.8M | $23.5M | ||
| Q3 24 | $-19.2M | $8.5M | ||
| Q2 24 | $-11.3M | $-642.0K | ||
| Q1 24 | $-13.1M | $-8.3M |
| Q4 25 | 65.7% | 67.2% | ||
| Q3 25 | 66.5% | 64.2% | ||
| Q2 25 | 65.3% | 64.0% | ||
| Q1 25 | 68.1% | — | ||
| Q4 24 | 66.7% | 70.2% | ||
| Q3 24 | 68.9% | 65.1% | ||
| Q2 24 | 70.3% | 64.6% | ||
| Q1 24 | 68.3% | 59.0% |
| Q4 25 | 4.7% | 46.8% | ||
| Q3 25 | -16.7% | 11.4% | ||
| Q2 25 | -14.7% | 5.3% | ||
| Q1 25 | -22.1% | — | ||
| Q4 24 | -2.9% | 38.2% | ||
| Q3 24 | -25.3% | 18.3% | ||
| Q2 24 | -11.5% | -7.4% | ||
| Q1 24 | -15.0% | -90.4% |
| Q4 25 | 0.1% | 40.2% | ||
| Q3 25 | -22.8% | 12.1% | ||
| Q2 25 | -24.7% | 7.3% | ||
| Q1 25 | -27.6% | — | ||
| Q4 24 | -8.6% | 35.0% | ||
| Q3 24 | -31.4% | 22.0% | ||
| Q2 24 | -17.0% | -2.4% | ||
| Q1 24 | -22.1% | -68.3% |
| Q4 25 | $0.01 | $0.49 | ||
| Q3 25 | $-0.24 | $0.07 | ||
| Q2 25 | $-0.27 | $0.04 | ||
| Q1 25 | $-0.30 | — | ||
| Q4 24 | $-0.11 | $0.40 | ||
| Q3 24 | $-0.30 | $0.15 | ||
| Q2 24 | $-0.18 | $-0.01 | ||
| Q1 24 | $-0.22 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $53.8M | $75.2M |
| Total DebtLower is stronger | $146.1M | — |
| Stockholders' EquityBook value | $-23.1M | $206.2M |
| Total Assets | $225.9M | $231.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $53.8M | $75.2M | ||
| Q3 25 | $43.5M | $70.4M | ||
| Q2 25 | $61.7M | $79.5M | ||
| Q1 25 | $67.9M | — | ||
| Q4 24 | $87.0M | $78.0M | ||
| Q3 24 | $85.0M | $118.6M | ||
| Q2 24 | $93.7M | $101.0M | ||
| Q1 24 | $97.0M | $117.4M |
| Q4 25 | $146.1M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $121.8M | — | ||
| Q4 24 | $121.5M | — | ||
| Q3 24 | $121.2M | — | ||
| Q2 24 | $120.9M | — | ||
| Q1 24 | $120.6M | — |
| Q4 25 | $-23.1M | $206.2M | ||
| Q3 25 | $-28.8M | $180.8M | ||
| Q2 25 | $-18.7M | $185.2M | ||
| Q1 25 | $-6.6M | — | ||
| Q4 24 | $5.5M | $210.0M | ||
| Q3 24 | $5.9M | $233.9M | ||
| Q2 24 | $19.3M | $218.5M | ||
| Q1 24 | $18.4M | $216.0M |
| Q4 25 | $225.9M | $231.5M | ||
| Q3 25 | $219.0M | $209.6M | ||
| Q2 25 | $228.8M | $212.3M | ||
| Q1 25 | $213.4M | — | ||
| Q4 24 | $232.6M | $242.8M | ||
| Q3 24 | $229.6M | $262.7M | ||
| Q2 24 | $233.8M | $249.0M | ||
| Q1 24 | $226.2M | $244.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 22.00× | — | ||
| Q3 24 | 20.58× | — | ||
| Q2 24 | 6.26× | — | ||
| Q1 24 | 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 | $12.8M | $7.1M |
| Free Cash FlowOCF − Capex | $11.3M | $6.4M |
| FCF MarginFCF / Revenue | 12.6% | 9.6% |
| Capex IntensityCapex / Revenue | 1.6% | 1.0% |
| Cash ConversionOCF / Net Profit | 98.67× | 0.26× |
| TTM Free Cash FlowTrailing 4 quarters | $-45.7M | $15.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.8M | $7.1M | ||
| Q3 25 | $-14.7M | $-3.1M | ||
| Q2 25 | $-24.8M | $4.1M | ||
| Q1 25 | $-15.6M | — | ||
| Q4 24 | $4.8M | $9.0M | ||
| Q3 24 | $-5.7M | $-3.0M | ||
| Q2 24 | $-6.5M | $8.1M | ||
| Q1 24 | $-10.6M | $6.5M |
| Q4 25 | $11.3M | $6.4M | ||
| Q3 25 | $-15.6M | $-3.5M | ||
| Q2 25 | $-25.5M | $4.0M | ||
| Q1 25 | $-16.0M | — | ||
| Q4 24 | $4.4M | $8.9M | ||
| Q3 24 | $-6.0M | $-3.2M | ||
| Q2 24 | $-6.9M | $7.9M | ||
| Q1 24 | $-10.9M | $5.7M |
| Q4 25 | 12.6% | 9.6% | ||
| Q3 25 | -22.7% | -10.9% | ||
| Q2 25 | -36.7% | 14.3% | ||
| Q1 25 | -23.3% | — | ||
| Q4 24 | 5.5% | 13.2% | ||
| Q3 24 | -9.9% | -8.2% | ||
| Q2 24 | -10.4% | 28.9% | ||
| Q1 24 | -18.3% | 46.9% |
| Q4 25 | 1.6% | 1.0% | ||
| Q3 25 | 1.4% | 1.1% | ||
| Q2 25 | 1.0% | 0.5% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.6% | 0.2% | ||
| Q3 24 | 0.5% | 0.4% | ||
| Q2 24 | 0.7% | 0.7% | ||
| Q1 24 | 0.4% | 6.8% |
| Q4 25 | 98.67× | 0.26× | ||
| Q3 25 | — | -0.81× | ||
| Q2 25 | — | 2.02× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.38× | ||
| Q3 24 | — | -0.35× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EOLS
Segment breakdown not available.
ERII
| Water Segment | $38.6M | 58% |
| Other | $11.0M | 16% |
| Original Equipment Manufacturer | $10.6M | 16% |
| Aftermarket | $6.6M | 10% |
