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Side-by-side financial comparison of Evolus, Inc. (EOLS) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

Evolus, Inc. is the larger business by last-quarter revenue ($90.3M vs $73.5M, roughly 1.2× Target Hospitality Corp.). Evolus, Inc. runs the higher net margin — 0.1% vs -20.3%, a 20.5% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 14.4%). Over the past eight quarters, Evolus, Inc.'s revenue compounded faster (23.4% CAGR vs 0.7%).

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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

EOLS vs TH — Head-to-Head

Bigger by revenue
EOLS
EOLS
1.2× larger
EOLS
$90.3M
$73.5M
TH
Growing faster (revenue YoY)
TH
TH
+7.6% gap
TH
22.0%
14.4%
EOLS
Higher net margin
EOLS
EOLS
20.5% more per $
EOLS
0.1%
-20.3%
TH
Faster 2-yr revenue CAGR
EOLS
EOLS
Annualised
EOLS
23.4%
0.7%
TH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOLS
EOLS
TH
TH
Revenue
$90.3M
$73.5M
Net Profit
$130.0K
$-14.9M
Gross Margin
65.7%
9.6%
Operating Margin
4.7%
-22.9%
Net Margin
0.1%
-20.3%
Revenue YoY
14.4%
22.0%
Net Profit YoY
101.9%
-219.1%
EPS (diluted)
$0.01
$-0.14

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
TH
TH
Q4 25
$90.3M
$73.5M
Q3 25
$69.0M
$91.6M
Q2 25
$69.4M
$54.9M
Q1 25
$68.5M
$54.9M
Q4 24
$78.9M
$60.2M
Q3 24
$61.1M
$65.8M
Q2 24
$66.9M
$67.5M
Q1 24
$59.3M
$72.4M
Net Profit
EOLS
EOLS
TH
TH
Q4 25
$130.0K
$-14.9M
Q3 25
$-15.7M
$-795.0K
Q2 25
$-17.1M
$-14.9M
Q1 25
$-18.9M
$-6.5M
Q4 24
$-6.8M
$12.5M
Q3 24
$-19.2M
$20.0M
Q2 24
$-11.3M
$18.4M
Q1 24
$-13.1M
$20.4M
Gross Margin
EOLS
EOLS
TH
TH
Q4 25
65.7%
9.6%
Q3 25
66.5%
19.6%
Q2 25
65.3%
-0.6%
Q1 25
68.1%
32.7%
Q4 24
66.7%
61.5%
Q3 24
68.9%
68.7%
Q2 24
70.3%
69.4%
Q1 24
68.3%
67.8%
Operating Margin
EOLS
EOLS
TH
TH
Q4 25
4.7%
-22.9%
Q3 25
-16.7%
0.1%
Q2 25
-14.7%
-30.8%
Q1 25
-22.1%
-2.0%
Q4 24
-2.9%
34.5%
Q3 24
-25.3%
42.5%
Q2 24
-11.5%
43.8%
Q1 24
-15.0%
42.0%
Net Margin
EOLS
EOLS
TH
TH
Q4 25
0.1%
-20.3%
Q3 25
-22.8%
-0.9%
Q2 25
-24.7%
-27.2%
Q1 25
-27.6%
-11.8%
Q4 24
-8.6%
20.8%
Q3 24
-31.4%
30.4%
Q2 24
-17.0%
27.2%
Q1 24
-22.1%
28.2%
EPS (diluted)
EOLS
EOLS
TH
TH
Q4 25
$0.01
$-0.14
Q3 25
$-0.24
$-0.01
Q2 25
$-0.27
$-0.15
Q1 25
$-0.30
$-0.07
Q4 24
$-0.11
$0.12
Q3 24
$-0.30
$0.20
Q2 24
$-0.18
$0.18
Q1 24
$-0.22
$0.20

Balance Sheet & Financial Strength

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

Metric
EOLS
EOLS
TH
TH
Cash + ST InvestmentsLiquidity on hand
$53.8M
$8.3M
Total DebtLower is stronger
$146.1M
$1.7M
Stockholders' EquityBook value
$-23.1M
$389.3M
Total Assets
$225.9M
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOLS
EOLS
TH
TH
Q4 25
$53.8M
$8.3M
Q3 25
$43.5M
$30.4M
Q2 25
$61.7M
$19.2M
Q1 25
$67.9M
$34.5M
Q4 24
$87.0M
$190.7M
Q3 24
$85.0M
$177.7M
Q2 24
$93.7M
$154.3M
Q1 24
$97.0M
$124.3M
Total Debt
EOLS
EOLS
TH
TH
Q4 25
$146.1M
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$121.8M
$42.9M
Q4 24
$121.5M
$1.5M
Q3 24
$121.2M
$994.0K
Q2 24
$120.9M
$1.1M
Q1 24
$120.6M
$179.9M
Stockholders' Equity
EOLS
EOLS
TH
TH
Q4 25
$-23.1M
$389.3M
Q3 25
$-28.8M
$402.4M
Q2 25
$-18.7M
$401.3M
Q1 25
$-6.6M
$415.3M
Q4 24
$5.5M
$421.1M
Q3 24
$5.9M
$417.6M
Q2 24
$19.3M
$397.2M
Q1 24
$18.4M
$375.5M
Total Assets
EOLS
EOLS
TH
TH
Q4 25
$225.9M
$530.2M
Q3 25
$219.0M
$541.2M
Q2 25
$228.8M
$533.7M
Q1 25
$213.4M
$562.5M
Q4 24
$232.6M
$725.8M
Q3 24
$229.6M
$709.8M
Q2 24
$233.8M
$697.0M
Q1 24
$226.2M
$687.2M
Debt / Equity
EOLS
EOLS
TH
TH
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
22.00×
0.00×
Q3 24
20.58×
0.00×
Q2 24
6.26×
0.00×
Q1 24
6.54×
0.48×

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
TH
TH
Operating Cash FlowLast quarter
$12.8M
$5.7M
Free Cash FlowOCF − Capex
$11.3M
FCF MarginFCF / Revenue
12.6%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
98.67×
TTM Free Cash FlowTrailing 4 quarters
$-45.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOLS
EOLS
TH
TH
Q4 25
$12.8M
$5.7M
Q3 25
$-14.7M
$53.4M
Q2 25
$-24.8M
$11.1M
Q1 25
$-15.6M
$3.9M
Q4 24
$4.8M
$30.6M
Q3 24
$-5.7M
$31.4M
Q2 24
$-6.5M
$39.1M
Q1 24
$-10.6M
$50.6M
Free Cash Flow
EOLS
EOLS
TH
TH
Q4 25
$11.3M
Q3 25
$-15.6M
Q2 25
$-25.5M
Q1 25
$-16.0M
$-11.6M
Q4 24
$4.4M
Q3 24
$-6.0M
Q2 24
$-6.9M
Q1 24
$-10.9M
FCF Margin
EOLS
EOLS
TH
TH
Q4 25
12.6%
Q3 25
-22.7%
Q2 25
-36.7%
Q1 25
-23.3%
-21.1%
Q4 24
5.5%
Q3 24
-9.9%
Q2 24
-10.4%
Q1 24
-18.3%
Capex Intensity
EOLS
EOLS
TH
TH
Q4 25
1.6%
Q3 25
1.4%
Q2 25
1.0%
Q1 25
0.5%
28.2%
Q4 24
0.6%
Q3 24
0.5%
Q2 24
0.7%
Q1 24
0.4%
Cash Conversion
EOLS
EOLS
TH
TH
Q4 25
98.67×
Q3 25
Q2 25
Q1 25
Q4 24
2.44×
Q3 24
1.57×
Q2 24
2.13×
Q1 24
2.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EOLS
EOLS

Segment breakdown not available.

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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