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

PUMA BIOTECHNOLOGY, INC. is the larger business by last-quarter revenue ($75.5M vs $73.1M, roughly 1.0× Evolus, Inc.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs 6.7%). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% 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.

Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.

EOLS vs PBYI — Head-to-Head

Bigger by revenue
PBYI
PBYI
1.0× larger
PBYI
$75.5M
$73.1M
EOLS
Growing faster (revenue YoY)
PBYI
PBYI
+21.0% gap
PBYI
27.7%
6.7%
EOLS
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
4.6%
EOLS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EOLS
EOLS
PBYI
PBYI
Revenue
$73.1M
$75.5M
Net Profit
$-10.7M
Gross Margin
66.9%
69.3%
Operating Margin
23.8%
22.7%
Net Margin
-14.6%
Revenue YoY
6.7%
27.7%
Net Profit YoY
EPS (diluted)
$-0.16
$0.26

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
PBYI
PBYI
Q1 26
$73.1M
Q4 25
$90.3M
$75.5M
Q3 25
$69.0M
$54.5M
Q2 25
$69.4M
$52.4M
Q1 25
$68.5M
$46.0M
Q4 24
$78.9M
$59.1M
Q3 24
$61.1M
$80.5M
Q2 24
$66.9M
$47.1M
Net Profit
EOLS
EOLS
PBYI
PBYI
Q1 26
$-10.7M
Q4 25
$130.0K
Q3 25
$-15.7M
$8.8M
Q2 25
$-17.1M
$5.9M
Q1 25
$-18.9M
$3.0M
Q4 24
$-6.8M
Q3 24
$-19.2M
$20.3M
Q2 24
$-11.3M
$-4.5M
Gross Margin
EOLS
EOLS
PBYI
PBYI
Q1 26
66.9%
Q4 25
65.7%
69.3%
Q3 25
66.5%
77.7%
Q2 25
65.3%
76.5%
Q1 25
68.1%
77.1%
Q4 24
66.7%
76.4%
Q3 24
68.9%
63.9%
Q2 24
70.3%
77.4%
Operating Margin
EOLS
EOLS
PBYI
PBYI
Q1 26
23.8%
Q4 25
4.7%
22.7%
Q3 25
-16.7%
17.6%
Q2 25
-14.7%
12.7%
Q1 25
-22.1%
8.7%
Q4 24
-2.9%
22.6%
Q3 24
-25.3%
27.4%
Q2 24
-11.5%
-4.6%
Net Margin
EOLS
EOLS
PBYI
PBYI
Q1 26
-14.6%
Q4 25
0.1%
Q3 25
-22.8%
16.2%
Q2 25
-24.7%
11.2%
Q1 25
-27.6%
6.5%
Q4 24
-8.6%
Q3 24
-31.4%
25.2%
Q2 24
-17.0%
-9.6%
EPS (diluted)
EOLS
EOLS
PBYI
PBYI
Q1 26
$-0.16
Q4 25
$0.01
$0.26
Q3 25
$-0.24
$0.17
Q2 25
$-0.27
$0.12
Q1 25
$-0.30
$0.06
Q4 24
$-0.11
$0.40
Q3 24
$-0.30
$0.41
Q2 24
$-0.18
$-0.09

Balance Sheet & Financial Strength

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

Metric
EOLS
EOLS
PBYI
PBYI
Cash + ST InvestmentsLiquidity on hand
$49.8M
$97.5M
Total DebtLower is stronger
$156.4M
$22.7M
Stockholders' EquityBook value
$130.3M
Total Assets
$220.6M
$216.3M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOLS
EOLS
PBYI
PBYI
Q1 26
$49.8M
Q4 25
$53.8M
$97.5M
Q3 25
$43.5M
$94.4M
Q2 25
$61.7M
$96.0M
Q1 25
$67.9M
$93.2M
Q4 24
$87.0M
$101.0M
Q3 24
$85.0M
$96.7M
Q2 24
$93.7M
$96.8M
Total Debt
EOLS
EOLS
PBYI
PBYI
Q1 26
$156.4M
Q4 25
$146.1M
$22.7M
Q3 25
$34.0M
Q2 25
$45.3M
Q1 25
$121.8M
$56.7M
Q4 24
$121.5M
$68.0M
Q3 24
$121.2M
$79.3M
Q2 24
$120.9M
$90.7M
Stockholders' Equity
EOLS
EOLS
PBYI
PBYI
Q1 26
Q4 25
$-23.1M
$130.3M
Q3 25
$-28.8M
$115.3M
Q2 25
$-18.7M
$104.7M
Q1 25
$-6.6M
$97.1M
Q4 24
$5.5M
$92.1M
Q3 24
$5.9M
$71.1M
Q2 24
$19.3M
$48.5M
Total Assets
EOLS
EOLS
PBYI
PBYI
Q1 26
$220.6M
Q4 25
$225.9M
$216.3M
Q3 25
$219.0M
$202.9M
Q2 25
$228.8M
$194.9M
Q1 25
$213.4M
$196.2M
Q4 24
$232.6M
$213.3M
Q3 24
$229.6M
$220.7M
Q2 24
$233.8M
$205.0M
Debt / Equity
EOLS
EOLS
PBYI
PBYI
Q1 26
Q4 25
0.17×
Q3 25
0.30×
Q2 25
0.43×
Q1 25
0.58×
Q4 24
22.00×
0.74×
Q3 24
20.58×
1.12×
Q2 24
6.26×
1.87×

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
PBYI
PBYI
Operating Cash FlowLast quarter
$14.4M
Free Cash FlowOCF − Capex
$14.4M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOLS
EOLS
PBYI
PBYI
Q1 26
Q4 25
$12.8M
$14.4M
Q3 25
$-14.7M
$9.7M
Q2 25
$-24.8M
$14.1M
Q1 25
$-15.6M
$3.6M
Q4 24
$4.8M
$15.6M
Q3 24
$-5.7M
$11.0M
Q2 24
$-6.5M
$1.0M
Free Cash Flow
EOLS
EOLS
PBYI
PBYI
Q1 26
Q4 25
$11.3M
$14.4M
Q3 25
$-15.6M
$9.7M
Q2 25
$-25.5M
$14.1M
Q1 25
$-16.0M
$3.6M
Q4 24
$4.4M
$15.6M
Q3 24
$-6.0M
$11.0M
Q2 24
$-6.9M
$1.0M
FCF Margin
EOLS
EOLS
PBYI
PBYI
Q1 26
Q4 25
12.6%
19.1%
Q3 25
-22.7%
17.7%
Q2 25
-36.7%
26.8%
Q1 25
-23.3%
7.7%
Q4 24
5.5%
26.4%
Q3 24
-9.9%
13.7%
Q2 24
-10.4%
2.1%
Capex Intensity
EOLS
EOLS
PBYI
PBYI
Q1 26
Q4 25
1.6%
0.0%
Q3 25
1.4%
0.0%
Q2 25
1.0%
0.0%
Q1 25
0.5%
0.1%
Q4 24
0.6%
0.0%
Q3 24
0.5%
0.0%
Q2 24
0.7%
0.0%
Cash Conversion
EOLS
EOLS
PBYI
PBYI
Q1 26
Q4 25
98.67×
Q3 25
1.10×
Q2 25
2.41×
Q1 25
1.21×
Q4 24
Q3 24
0.54×
Q2 24

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%

PBYI
PBYI

Segment breakdown not available.

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