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

Evolus, Inc. is the larger business by last-quarter revenue ($90.3M vs $46.8M, roughly 1.9× TELOS CORP). Evolus, Inc. runs the higher net margin — 0.1% vs -34.9%, a 35.0% gap on every dollar of revenue. On growth, TELOS CORP posted the faster year-over-year revenue change (77.4% vs 14.4%). Evolus, Inc. produced more free cash flow last quarter ($11.3M vs $8.0M). Over the past eight quarters, TELOS CORP's revenue compounded faster (25.7% CAGR vs 23.4%).

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.

Telos Corporation is an information technology and cybersecurity company located in Ashburn, Virginia. Telos primarily serves government and enterprise clients, receiving a large number of its contracts from the United States Department of Defense. Customers are primarily military, intelligence and civilian agencies of the US government and NATO allies.

EOLS vs TLS — Head-to-Head

Bigger by revenue
EOLS
EOLS
1.9× larger
EOLS
$90.3M
$46.8M
TLS
Growing faster (revenue YoY)
TLS
TLS
+63.0% gap
TLS
77.4%
14.4%
EOLS
Higher net margin
EOLS
EOLS
35.0% more per $
EOLS
0.1%
-34.9%
TLS
More free cash flow
EOLS
EOLS
$3.4M more FCF
EOLS
$11.3M
$8.0M
TLS
Faster 2-yr revenue CAGR
TLS
TLS
Annualised
TLS
25.7%
23.4%
EOLS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOLS
EOLS
TLS
TLS
Revenue
$90.3M
$46.8M
Net Profit
$130.0K
$-16.3M
Gross Margin
65.7%
35.0%
Operating Margin
4.7%
-39.6%
Net Margin
0.1%
-34.9%
Revenue YoY
14.4%
77.4%
Net Profit YoY
101.9%
-74.8%
EPS (diluted)
$0.01
$-0.22

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
TLS
TLS
Q4 25
$90.3M
$46.8M
Q3 25
$69.0M
$51.4M
Q2 25
$69.4M
$36.0M
Q1 25
$68.5M
$30.6M
Q4 24
$78.9M
$26.4M
Q3 24
$61.1M
$23.8M
Q2 24
$66.9M
$28.5M
Q1 24
$59.3M
$29.6M
Net Profit
EOLS
EOLS
TLS
TLS
Q4 25
$130.0K
$-16.3M
Q3 25
$-15.7M
$-2.1M
Q2 25
$-17.1M
$-9.5M
Q1 25
$-18.9M
$-8.6M
Q4 24
$-6.8M
$-9.3M
Q3 24
$-19.2M
$-28.1M
Q2 24
$-11.3M
$-7.8M
Q1 24
$-13.1M
$-7.4M
Gross Margin
EOLS
EOLS
TLS
TLS
Q4 25
65.7%
35.0%
Q3 25
66.5%
39.9%
Q2 25
65.3%
33.2%
Q1 25
68.1%
39.8%
Q4 24
66.7%
40.3%
Q3 24
68.9%
13.2%
Q2 24
70.3%
34.1%
Q1 24
68.3%
37.0%
Operating Margin
EOLS
EOLS
TLS
TLS
Q4 25
4.7%
-39.6%
Q3 25
-16.7%
-4.8%
Q2 25
-14.7%
-27.5%
Q1 25
-22.1%
-29.5%
Q4 24
-2.9%
-37.6%
Q3 24
-25.3%
-121.4%
Q2 24
-11.5%
-30.3%
Q1 24
-15.0%
-28.5%
Net Margin
EOLS
EOLS
TLS
TLS
Q4 25
0.1%
-34.9%
Q3 25
-22.8%
-4.1%
Q2 25
-24.7%
-26.5%
Q1 25
-27.6%
-28.1%
Q4 24
-8.6%
-35.4%
Q3 24
-31.4%
-118.0%
Q2 24
-17.0%
-27.2%
Q1 24
-22.1%
-24.9%
EPS (diluted)
EOLS
EOLS
TLS
TLS
Q4 25
$0.01
$-0.22
Q3 25
$-0.24
$-0.03
Q2 25
$-0.27
$-0.13
Q1 25
$-0.30
$-0.12
Q4 24
$-0.11
$-0.13
Q3 24
$-0.30
$-0.39
Q2 24
$-0.18
$-0.11
Q1 24
$-0.22
$-0.10

Balance Sheet & Financial Strength

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

Metric
EOLS
EOLS
TLS
TLS
Cash + ST InvestmentsLiquidity on hand
$53.8M
$53.2M
Total DebtLower is stronger
$146.1M
Stockholders' EquityBook value
$-23.1M
$96.0M
Total Assets
$225.9M
$139.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOLS
EOLS
TLS
TLS
Q4 25
$53.8M
$53.2M
Q3 25
$43.5M
$59.0M
Q2 25
$61.7M
$57.0M
Q1 25
$67.9M
$57.8M
Q4 24
$87.0M
$54.6M
Q3 24
$85.0M
$69.8M
Q2 24
$93.7M
$80.1M
Q1 24
$97.0M
$93.9M
Total Debt
EOLS
EOLS
TLS
TLS
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
TLS
TLS
Q4 25
$-23.1M
$96.0M
Q3 25
$-28.8M
$119.7M
Q2 25
$-18.7M
$118.4M
Q1 25
$-6.6M
$126.1M
Q4 24
$5.5M
$127.1M
Q3 24
$5.9M
$129.5M
Q2 24
$19.3M
$149.1M
Q1 24
$18.4M
$154.4M
Total Assets
EOLS
EOLS
TLS
TLS
Q4 25
$225.9M
$139.9M
Q3 25
$219.0M
$164.3M
Q2 25
$228.8M
$165.0M
Q1 25
$213.4M
$158.1M
Q4 24
$232.6M
$158.2M
Q3 24
$229.6M
$166.3M
Q2 24
$233.8M
$182.4M
Q1 24
$226.2M
$195.4M
Debt / Equity
EOLS
EOLS
TLS
TLS
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
TLS
TLS
Operating Cash FlowLast quarter
$12.8M
$8.0M
Free Cash FlowOCF − Capex
$11.3M
$8.0M
FCF MarginFCF / Revenue
12.6%
17.0%
Capex IntensityCapex / Revenue
1.6%
0.1%
Cash ConversionOCF / Net Profit
98.67×
TTM Free Cash FlowTrailing 4 quarters
$-45.7M
$29.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOLS
EOLS
TLS
TLS
Q4 25
$12.8M
$8.0M
Q3 25
$-14.7M
$9.1M
Q2 25
$-24.8M
$7.0M
Q1 25
$-15.6M
$6.1M
Q4 24
$4.8M
$-10.5M
Q3 24
$-5.7M
$-7.1M
Q2 24
$-6.5M
$-8.0M
Q1 24
$-10.6M
$-350.0K
Free Cash Flow
EOLS
EOLS
TLS
TLS
Q4 25
$11.3M
$8.0M
Q3 25
$-15.6M
$8.7M
Q2 25
$-25.5M
$6.8M
Q1 25
$-16.0M
$6.0M
Q4 24
$4.4M
$-12.4M
Q3 24
$-6.0M
$-7.1M
Q2 24
$-6.9M
$-8.2M
Q1 24
$-10.9M
$-447.0K
FCF Margin
EOLS
EOLS
TLS
TLS
Q4 25
12.6%
17.0%
Q3 25
-22.7%
16.9%
Q2 25
-36.7%
19.0%
Q1 25
-23.3%
19.5%
Q4 24
5.5%
-47.0%
Q3 24
-9.9%
-30.0%
Q2 24
-10.4%
-28.9%
Q1 24
-18.3%
-1.5%
Capex Intensity
EOLS
EOLS
TLS
TLS
Q4 25
1.6%
0.1%
Q3 25
1.4%
0.9%
Q2 25
1.0%
0.4%
Q1 25
0.5%
0.4%
Q4 24
0.6%
7.1%
Q3 24
0.5%
0.2%
Q2 24
0.7%
0.8%
Q1 24
0.4%
0.3%
Cash Conversion
EOLS
EOLS
TLS
TLS
Q4 25
98.67×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
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.

TLS
TLS

Security Solutions Segment$44.8M96%
Secure Networks Segment$1.9M4%

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