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Side-by-side financial comparison of Evolus, Inc. (EOLS) and IonQ, Inc. (IONQ). Click either name above to swap in a different company.
Evolus, Inc. is the larger business by last-quarter revenue ($73.1M vs $61.9M, roughly 1.2× IonQ, Inc.). IonQ, Inc. runs the higher net margin — 1217.8% vs -14.6%, a 1232.3% gap on every dollar of revenue. On growth, IonQ, Inc. posted the faster year-over-year revenue change (428.5% vs 6.7%).
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.
IonQ, Inc. is an American quantum computing hardware and software company headquartered in College Park, Maryland. The company develops general-purpose trapped ion quantum computers and accompanying software to generate, optimize, and execute quantum circuits.
EOLS vs IONQ — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $73.1M | $61.9M |
| Net Profit | $-10.7M | $753.7M |
| Gross Margin | 66.9% | — |
| Operating Margin | 23.8% | -369.4% |
| Net Margin | -14.6% | 1217.8% |
| Revenue YoY | 6.7% | 428.5% |
| Net Profit YoY | — | 473.1% |
| EPS (diluted) | $-0.16 | $2.60 |
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.
| Q1 26 | $73.1M | — | ||
| Q4 25 | $90.3M | $61.9M | ||
| Q3 25 | $69.0M | $39.9M | ||
| Q2 25 | $69.4M | $20.7M | ||
| Q1 25 | $68.5M | — | ||
| Q4 24 | $78.9M | $11.7M | ||
| Q3 24 | $61.1M | $12.4M | ||
| Q2 24 | $66.9M | $11.4M |
| Q1 26 | $-10.7M | — | ||
| Q4 25 | $130.0K | $753.7M | ||
| Q3 25 | $-15.7M | $-1.1B | ||
| Q2 25 | $-17.1M | $-176.8M | ||
| Q1 25 | $-18.9M | — | ||
| Q4 24 | $-6.8M | $-202.0M | ||
| Q3 24 | $-19.2M | $-52.5M | ||
| Q2 24 | $-11.3M | $-37.6M |
| Q1 26 | 66.9% | — | ||
| Q4 25 | 65.7% | — | ||
| Q3 25 | 66.5% | — | ||
| Q2 25 | 65.3% | — | ||
| Q1 25 | 68.1% | — | ||
| Q4 24 | 66.7% | — | ||
| Q3 24 | 68.9% | — | ||
| Q2 24 | 70.3% | — |
| Q1 26 | 23.8% | — | ||
| Q4 25 | 4.7% | -369.4% | ||
| Q3 25 | -16.7% | -423.5% | ||
| Q2 25 | -14.7% | -776.0% | ||
| Q1 25 | -22.1% | — | ||
| Q4 24 | -2.9% | -661.9% | ||
| Q3 24 | -25.3% | -428.5% | ||
| Q2 24 | -11.5% | -430.0% |
| Q1 26 | -14.6% | — | ||
| Q4 25 | 0.1% | 1217.8% | ||
| Q3 25 | -22.8% | -2646.3% | ||
| Q2 25 | -24.7% | -854.5% | ||
| Q1 25 | -27.6% | — | ||
| Q4 24 | -8.6% | -1725.0% | ||
| Q3 24 | -31.4% | -423.4% | ||
| Q2 24 | -17.0% | -330.0% |
| Q1 26 | $-0.16 | — | ||
| Q4 25 | $0.01 | $2.60 | ||
| Q3 25 | $-0.24 | $-3.58 | ||
| Q2 25 | $-0.27 | $-0.70 | ||
| Q1 25 | $-0.30 | — | ||
| Q4 24 | $-0.11 | $-0.95 | ||
| Q3 24 | $-0.30 | $-0.24 | ||
| Q2 24 | $-0.18 | $-0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.8M | $2.4B |
| Total DebtLower is stronger | $156.4M | — |
| Stockholders' EquityBook value | — | $3.8B |
| Total Assets | $220.6M | $6.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $49.8M | — | ||
| Q4 25 | $53.8M | $2.4B | ||
| Q3 25 | $43.5M | $1.1B | ||
| Q2 25 | $61.7M | $546.9M | ||
| Q1 25 | $67.9M | — | ||
| Q4 24 | $87.0M | $340.3M | ||
| Q3 24 | $85.0M | $365.7M | ||
| Q2 24 | $93.7M | $369.8M |
| Q1 26 | $156.4M | — | ||
| 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 26 | — | — | ||
| Q4 25 | $-23.1M | $3.8B | ||
| Q3 25 | $-28.8M | $2.3B | ||
| Q2 25 | $-18.7M | $1.2B | ||
| Q1 25 | $-6.6M | — | ||
| Q4 24 | $5.5M | $383.9M | ||
| Q3 24 | $5.9M | $435.7M | ||
| Q2 24 | $19.3M | $463.3M |
| Q1 26 | $220.6M | — | ||
| Q4 25 | $225.9M | $6.6B | ||
| Q3 25 | $219.0M | $4.3B | ||
| Q2 25 | $228.8M | $1.3B | ||
| Q1 25 | $213.4M | — | ||
| Q4 24 | $232.6M | $508.4M | ||
| Q3 24 | $229.6M | $497.9M | ||
| Q2 24 | $233.8M | $517.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 22.00× | — | ||
| Q3 24 | 20.58× | — | ||
| Q2 24 | 6.26× | — |
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 | — | $-74.5M |
| Free Cash FlowOCF − Capex | — | $-83.3M |
| FCF MarginFCF / Revenue | — | -134.6% |
| Capex IntensityCapex / Revenue | — | 14.2% |
| Cash ConversionOCF / Net Profit | — | -0.10× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-307.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $12.8M | $-74.5M | ||
| Q3 25 | $-14.7M | $-123.1M | ||
| Q2 25 | $-24.8M | $-52.6M | ||
| Q1 25 | $-15.6M | — | ||
| Q4 24 | $4.8M | $-39.4M | ||
| Q3 24 | $-5.7M | $-19.2M | ||
| Q2 24 | $-6.5M | $-26.6M |
| Q1 26 | — | — | ||
| Q4 25 | $11.3M | $-83.3M | ||
| Q3 25 | $-15.6M | $-127.2M | ||
| Q2 25 | $-25.5M | $-53.8M | ||
| Q1 25 | $-16.0M | — | ||
| Q4 24 | $4.4M | $-43.0M | ||
| Q3 24 | $-6.0M | $-23.0M | ||
| Q2 24 | $-6.9M | $-34.1M |
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | -134.6% | ||
| Q3 25 | -22.7% | -319.1% | ||
| Q2 25 | -36.7% | -259.8% | ||
| Q1 25 | -23.3% | — | ||
| Q4 24 | 5.5% | -367.4% | ||
| Q3 24 | -9.9% | -185.3% | ||
| Q2 24 | -10.4% | -299.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.6% | 14.2% | ||
| Q3 25 | 1.4% | 10.4% | ||
| Q2 25 | 1.0% | 5.8% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 0.6% | 30.7% | ||
| Q3 24 | 0.5% | 30.4% | ||
| Q2 24 | 0.7% | 65.8% |
| Q1 26 | — | — | ||
| Q4 25 | 98.67× | -0.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EOLS
| Product revenue, net | $72.7M | 99% |
| Service revenue | $390.0K | 1% |
IONQ
| Other | $31.2M | 50% |
| Platform Consulting And Support Services | $30.7M | 50% |
