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Side-by-side financial comparison of Evolus, Inc. (EOLS) and FORRESTER RESEARCH, INC. (FORR). Click either name above to swap in a different company.

FORRESTER RESEARCH, INC. is the larger business by last-quarter revenue ($101.1M vs $90.3M, roughly 1.1× Evolus, Inc.). Evolus, Inc. runs the higher net margin — 0.1% vs -33.5%, a 33.7% gap on every dollar of revenue. On growth, Evolus, Inc. posted the faster year-over-year revenue change (14.4% vs -6.5%). Evolus, Inc. produced more free cash flow last quarter ($11.3M vs $-4.3M). Over the past eight quarters, Evolus, Inc.'s revenue compounded faster (23.4% CAGR vs 0.5%).

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.

Forrester Research, Inc. is a research and advisory firm working in research, consulting and events. Forrester’s clients include large global business, technology and consumer enterprises. The firm is headquartered in Cambridge, MA.

EOLS vs FORR — Head-to-Head

Bigger by revenue
FORR
FORR
1.1× larger
FORR
$101.1M
$90.3M
EOLS
Growing faster (revenue YoY)
EOLS
EOLS
+20.8% gap
EOLS
14.4%
-6.5%
FORR
Higher net margin
EOLS
EOLS
33.7% more per $
EOLS
0.1%
-33.5%
FORR
More free cash flow
EOLS
EOLS
$15.6M more FCF
EOLS
$11.3M
$-4.3M
FORR
Faster 2-yr revenue CAGR
EOLS
EOLS
Annualised
EOLS
23.4%
0.5%
FORR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOLS
EOLS
FORR
FORR
Revenue
$90.3M
$101.1M
Net Profit
$130.0K
$-33.9M
Gross Margin
65.7%
56.7%
Operating Margin
4.7%
-36.6%
Net Margin
0.1%
-33.5%
Revenue YoY
14.4%
-6.5%
Net Profit YoY
101.9%
-7941.4%
EPS (diluted)
$0.01
$-1.75

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
EOLS
EOLS
FORR
FORR
Q4 25
$90.3M
$101.1M
Q3 25
$69.0M
$94.3M
Q2 25
$69.4M
$111.7M
Q1 25
$68.5M
$89.9M
Q4 24
$78.9M
$108.0M
Q3 24
$61.1M
$102.5M
Q2 24
$66.9M
$121.8M
Q1 24
$59.3M
$100.1M
Net Profit
EOLS
EOLS
FORR
FORR
Q4 25
$130.0K
$-33.9M
Q3 25
$-15.7M
$-2.1M
Q2 25
$-17.1M
$3.9M
Q1 25
$-18.9M
$-87.3M
Q4 24
$-6.8M
$432.0K
Q3 24
$-19.2M
$-5.8M
Q2 24
$-11.3M
$6.3M
Q1 24
$-13.1M
$-6.7M
Gross Margin
EOLS
EOLS
FORR
FORR
Q4 25
65.7%
56.7%
Q3 25
66.5%
60.0%
Q2 25
65.3%
55.5%
Q1 25
68.1%
55.9%
Q4 24
66.7%
58.8%
Q3 24
68.9%
60.5%
Q2 24
70.3%
57.3%
Q1 24
68.3%
54.9%
Operating Margin
EOLS
EOLS
FORR
FORR
Q4 25
4.7%
-36.6%
Q3 25
-16.7%
4.7%
Q2 25
-14.7%
6.2%
Q1 25
-22.1%
-97.5%
Q4 24
-2.9%
-0.5%
Q3 24
-25.3%
-0.7%
Q2 24
-11.5%
9.3%
Q1 24
-15.0%
-9.3%
Net Margin
EOLS
EOLS
FORR
FORR
Q4 25
0.1%
-33.5%
Q3 25
-22.8%
-2.3%
Q2 25
-24.7%
3.5%
Q1 25
-27.6%
-97.1%
Q4 24
-8.6%
0.4%
Q3 24
-31.4%
-5.7%
Q2 24
-17.0%
5.2%
Q1 24
-22.1%
-6.7%
EPS (diluted)
EOLS
EOLS
FORR
FORR
Q4 25
$0.01
$-1.75
Q3 25
$-0.24
$-0.11
Q2 25
$-0.27
$0.20
Q1 25
$-0.30
$-4.62
Q4 24
$-0.11
$0.02
Q3 24
$-0.30
$-0.30
Q2 24
$-0.18
$0.33
Q1 24
$-0.22
$-0.35

Balance Sheet & Financial Strength

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

Metric
EOLS
EOLS
FORR
FORR
Cash + ST InvestmentsLiquidity on hand
$53.8M
$63.3M
Total DebtLower is stronger
$146.1M
Stockholders' EquityBook value
$-23.1M
$126.5M
Total Assets
$225.9M
$404.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOLS
EOLS
FORR
FORR
Q4 25
$53.8M
$63.3M
Q3 25
$43.5M
$65.1M
Q2 25
$61.7M
$67.8M
Q1 25
$67.9M
$75.6M
Q4 24
$87.0M
$56.1M
Q3 24
$85.0M
$62.8M
Q2 24
$93.7M
$58.9M
Q1 24
$97.0M
$61.4M
Total Debt
EOLS
EOLS
FORR
FORR
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
Stockholders' Equity
EOLS
EOLS
FORR
FORR
Q4 25
$-23.1M
$126.5M
Q3 25
$-28.8M
$157.7M
Q2 25
$-18.7M
$159.5M
Q1 25
$-6.6M
$147.4M
Q4 24
$5.5M
$229.5M
Q3 24
$5.9M
$234.3M
Q2 24
$19.3M
$237.1M
Q1 24
$18.4M
$230.9M
Total Assets
EOLS
EOLS
FORR
FORR
Q4 25
$225.9M
$404.0M
Q3 25
$219.0M
$414.2M
Q2 25
$228.8M
$436.0M
Q1 25
$213.4M
$439.8M
Q4 24
$232.6M
$503.9M
Q3 24
$229.6M
$505.3M
Q2 24
$233.8M
$524.2M
Q1 24
$226.2M
$555.7M
Debt / Equity
EOLS
EOLS
FORR
FORR
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
EOLS
EOLS
FORR
FORR
Operating Cash FlowLast quarter
$12.8M
$-3.2M
Free Cash FlowOCF − Capex
$11.3M
$-4.3M
FCF MarginFCF / Revenue
12.6%
-4.2%
Capex IntensityCapex / Revenue
1.6%
1.1%
Cash ConversionOCF / Net Profit
98.67×
TTM Free Cash FlowTrailing 4 quarters
$-45.7M
$18.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOLS
EOLS
FORR
FORR
Q4 25
$12.8M
$-3.2M
Q3 25
$-14.7M
$1.2M
Q2 25
$-24.8M
$-3.6M
Q1 25
$-15.6M
$26.7M
Q4 24
$4.8M
$-1.8M
Q3 24
$-5.7M
$264.0K
Q2 24
$-6.5M
$-2.9M
Q1 24
$-10.6M
$611.0K
Free Cash Flow
EOLS
EOLS
FORR
FORR
Q4 25
$11.3M
$-4.3M
Q3 25
$-15.6M
$524.0K
Q2 25
$-25.5M
$-4.2M
Q1 25
$-16.0M
$26.1M
Q4 24
$4.4M
$-2.5M
Q3 24
$-6.0M
$-223.0K
Q2 24
$-6.9M
$-3.7M
Q1 24
$-10.9M
$-815.0K
FCF Margin
EOLS
EOLS
FORR
FORR
Q4 25
12.6%
-4.2%
Q3 25
-22.7%
0.6%
Q2 25
-36.7%
-3.8%
Q1 25
-23.3%
29.0%
Q4 24
5.5%
-2.3%
Q3 24
-9.9%
-0.2%
Q2 24
-10.4%
-3.1%
Q1 24
-18.3%
-0.8%
Capex Intensity
EOLS
EOLS
FORR
FORR
Q4 25
1.6%
1.1%
Q3 25
1.4%
0.7%
Q2 25
1.0%
0.5%
Q1 25
0.5%
0.7%
Q4 24
0.6%
0.6%
Q3 24
0.5%
0.5%
Q2 24
0.7%
0.7%
Q1 24
0.4%
1.4%
Cash Conversion
EOLS
EOLS
FORR
FORR
Q4 25
98.67×
Q3 25
Q2 25
-0.93×
Q1 25
Q4 24
-4.24×
Q3 24
Q2 24
-0.46×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EOLS
EOLS

Segment breakdown not available.

FORR
FORR

Research Segment$82.2M81%
Consulting Segment$16.2M16%
Billable Expenses$1.5M2%
Professional Services$1.4M1%

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