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Side-by-side financial comparison of Evolus, Inc. (EOLS) and MERCANTILE BANK CORP (MBWM). Click either name above to swap in a different company.

Evolus, Inc. is the larger business by last-quarter revenue ($73.1M vs $67.6M, roughly 1.1× MERCANTILE BANK CORP). MERCANTILE BANK CORP runs the higher net margin — 33.6% vs -14.6%, a 48.2% gap on every dollar of revenue. Over the past eight quarters, MERCANTILE BANK CORP's revenue compounded faster (9.1% CAGR vs 4.6%).

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.

Tamilnad Mercantile Bank Limited (TMB) is an Indian bank headquartered at Thoothukudi, Tamil Nadu. TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962 to widen its appeal beyond the Nadar community. The bank currently has 600 full branches throughout India, 12 regional offices and two link offices, two central processing centres, one service branch, four currency chests, 48 eLobby centres, 262 cash recycler machines and 1151 automated ...

EOLS vs MBWM — Head-to-Head

Bigger by revenue
EOLS
EOLS
1.1× larger
EOLS
$73.1M
$67.6M
MBWM
Higher net margin
MBWM
MBWM
48.2% more per $
MBWM
33.6%
-14.6%
EOLS
Faster 2-yr revenue CAGR
MBWM
MBWM
Annualised
MBWM
9.1%
4.6%
EOLS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
EOLS
EOLS
MBWM
MBWM
Revenue
$73.1M
$67.6M
Net Profit
$-10.7M
$22.7M
Gross Margin
66.9%
Operating Margin
23.8%
Net Margin
-14.6%
33.6%
Revenue YoY
6.7%
Net Profit YoY
16.1%
EPS (diluted)
$-0.16
$1.32

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
MBWM
MBWM
Q1 26
$73.1M
$67.6M
Q4 25
$90.3M
$62.1M
Q3 25
$69.0M
$62.4M
Q2 25
$69.4M
$60.9M
Q1 25
$68.5M
$57.3M
Q4 24
$78.9M
$58.5M
Q3 24
$61.1M
$58.0M
Q2 24
$66.9M
$56.8M
Net Profit
EOLS
EOLS
MBWM
MBWM
Q1 26
$-10.7M
$22.7M
Q4 25
$130.0K
$22.8M
Q3 25
$-15.7M
$23.8M
Q2 25
$-17.1M
$22.6M
Q1 25
$-18.9M
$19.5M
Q4 24
$-6.8M
$19.6M
Q3 24
$-19.2M
$19.6M
Q2 24
$-11.3M
$18.8M
Gross Margin
EOLS
EOLS
MBWM
MBWM
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%
Operating Margin
EOLS
EOLS
MBWM
MBWM
Q1 26
23.8%
Q4 25
4.7%
42.0%
Q3 25
-16.7%
44.0%
Q2 25
-14.7%
42.6%
Q1 25
-22.1%
42.0%
Q4 24
-2.9%
39.7%
Q3 24
-25.3%
42.4%
Q2 24
-11.5%
41.4%
Net Margin
EOLS
EOLS
MBWM
MBWM
Q1 26
-14.6%
33.6%
Q4 25
0.1%
36.8%
Q3 25
-22.8%
38.1%
Q2 25
-24.7%
37.1%
Q1 25
-27.6%
34.1%
Q4 24
-8.6%
33.5%
Q3 24
-31.4%
33.8%
Q2 24
-17.0%
33.1%
EPS (diluted)
EOLS
EOLS
MBWM
MBWM
Q1 26
$-0.16
$1.32
Q4 25
$0.01
$1.41
Q3 25
$-0.24
$1.46
Q2 25
$-0.27
$1.39
Q1 25
$-0.30
$1.21
Q4 24
$-0.11
$1.20
Q3 24
$-0.30
$1.22
Q2 24
$-0.18
$1.17

Balance Sheet & Financial Strength

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

Metric
EOLS
EOLS
MBWM
MBWM
Cash + ST InvestmentsLiquidity on hand
$49.8M
Total DebtLower is stronger
$156.4M
$1.5M
Stockholders' EquityBook value
$736.9M
Total Assets
$220.6M
$6.9B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOLS
EOLS
MBWM
MBWM
Q1 26
$49.8M
Q4 25
$53.8M
Q3 25
$43.5M
Q2 25
$61.7M
Q1 25
$67.9M
Q4 24
$87.0M
Q3 24
$85.0M
Q2 24
$93.7M
Total Debt
EOLS
EOLS
MBWM
MBWM
Q1 26
$156.4M
$1.5M
Q4 25
$146.1M
Q3 25
Q2 25
Q1 25
$121.8M
Q4 24
$121.5M
Q3 24
$121.2M
Q2 24
$120.9M
Stockholders' Equity
EOLS
EOLS
MBWM
MBWM
Q1 26
$736.9M
Q4 25
$-23.1M
$724.9M
Q3 25
$-28.8M
$657.6M
Q2 25
$-18.7M
$631.5M
Q1 25
$-6.6M
$608.3M
Q4 24
$5.5M
$584.5M
Q3 24
$5.9M
$583.3M
Q2 24
$19.3M
$551.2M
Total Assets
EOLS
EOLS
MBWM
MBWM
Q1 26
$220.6M
$6.9B
Q4 25
$225.9M
$6.8B
Q3 25
$219.0M
$6.3B
Q2 25
$228.8M
$6.2B
Q1 25
$213.4M
$6.1B
Q4 24
$232.6M
$6.1B
Q3 24
$229.6M
$5.9B
Q2 24
$233.8M
$5.6B
Debt / Equity
EOLS
EOLS
MBWM
MBWM
Q1 26
0.00×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
22.00×
Q3 24
20.58×
Q2 24
6.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EOLS
EOLS

Product revenue, net$72.7M99%
Service revenue$390.0K1%

MBWM
MBWM

Net Interest Income$55.9M83%
Noninterest Income$11.7M17%

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