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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.

FIRST INDUSTRIAL REALTY TRUST INC is the larger business by last-quarter revenue ($194.8M vs $105.1M, roughly 1.9× OLAPLEX HOLDINGS, INC.). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs -12.5%, a 88.4% gap on every dollar of revenue. On growth, FIRST INDUSTRIAL REALTY TRUST INC posted the faster year-over-year revenue change (10.0% vs 4.3%). Over the past eight quarters, FIRST INDUSTRIAL REALTY TRUST INC's revenue compounded faster (8.9% CAGR vs 3.1%).

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.

FR vs OLPX — Head-to-Head

Bigger by revenue
FR
FR
1.9× larger
FR
$194.8M
$105.1M
OLPX
Growing faster (revenue YoY)
FR
FR
+5.7% gap
FR
10.0%
4.3%
OLPX
Higher net margin
FR
FR
88.4% more per $
FR
75.9%
-12.5%
OLPX
Faster 2-yr revenue CAGR
FR
FR
Annualised
FR
8.9%
3.1%
OLPX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FR
FR
OLPX
OLPX
Revenue
$194.8M
$105.1M
Net Profit
$147.9M
$-13.1M
Gross Margin
68.0%
Operating Margin
-4.3%
Net Margin
75.9%
-12.5%
Revenue YoY
10.0%
4.3%
Net Profit YoY
179.7%
-48.9%
EPS (diluted)
$1.08
$-0.02

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
FR
FR
OLPX
OLPX
Q1 26
$194.8M
Q4 25
$188.4M
$105.1M
Q3 25
$181.4M
$114.6M
Q2 25
$180.2M
$106.3M
Q1 25
$177.1M
$97.0M
Q4 24
$175.6M
$100.7M
Q3 24
$167.6M
$119.1M
Q2 24
$164.1M
$103.9M
Net Profit
FR
FR
OLPX
OLPX
Q1 26
$147.9M
Q4 25
$78.8M
$-13.1M
Q3 25
$65.3M
$11.1M
Q2 25
$55.2M
$-7.7M
Q1 25
$48.1M
$465.0K
Q4 24
$68.4M
$-8.8M
Q3 24
$99.4M
$14.8M
Q2 24
$51.3M
$5.8M
Gross Margin
FR
FR
OLPX
OLPX
Q1 26
Q4 25
68.0%
Q3 25
69.1%
Q2 25
71.2%
Q1 25
69.5%
Q4 24
66.3%
Q3 24
68.6%
Q2 24
69.7%
Operating Margin
FR
FR
OLPX
OLPX
Q1 26
Q4 25
34.6%
-4.3%
Q3 25
37.0%
3.7%
Q2 25
31.7%
-1.1%
Q1 25
31.2%
8.7%
Q4 24
40.1%
3.0%
Q3 24
62.6%
23.5%
Q2 24
31.8%
15.7%
Net Margin
FR
FR
OLPX
OLPX
Q1 26
75.9%
Q4 25
41.8%
-12.5%
Q3 25
36.0%
9.7%
Q2 25
30.6%
-7.3%
Q1 25
27.2%
0.5%
Q4 24
39.0%
-8.7%
Q3 24
59.3%
12.4%
Q2 24
31.3%
5.6%
EPS (diluted)
FR
FR
OLPX
OLPX
Q1 26
$1.08
Q4 25
$0.60
$-0.02
Q3 25
$0.49
$0.02
Q2 25
$0.42
$-0.01
Q1 25
$0.36
$0.00
Q4 24
$0.51
$-0.01
Q3 24
$0.75
$0.02
Q2 24
$0.39
$0.01

Balance Sheet & Financial Strength

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

Metric
FR
FR
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$318.7M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$2.9B
$879.4M
Total Assets
$5.8B
$1.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
OLPX
OLPX
Q1 26
Q4 25
$78.0M
$318.7M
Q3 25
$33.5M
$286.4M
Q2 25
$34.9M
$289.3M
Q1 25
$35.7M
$580.9M
Q4 24
$44.5M
$586.0M
Q3 24
$47.1M
$538.8M
Q2 24
$38.5M
$507.9M
Total Debt
FR
FR
OLPX
OLPX
Q1 26
Q4 25
$352.3M
Q3 25
$352.1M
Q2 25
$351.9M
Q1 25
$649.1M
Q4 24
$650.5M
Q3 24
$651.8M
Q2 24
$653.1M
Stockholders' Equity
FR
FR
OLPX
OLPX
Q1 26
$2.9B
Q4 25
$2.7B
$879.4M
Q3 25
$2.7B
$888.7M
Q2 25
$2.6B
$874.2M
Q1 25
$2.7B
$878.3M
Q4 24
$2.7B
$874.4M
Q3 24
$2.6B
$879.7M
Q2 24
$2.6B
$863.3M
Total Assets
FR
FR
OLPX
OLPX
Q1 26
$5.8B
Q4 25
$5.7B
$1.5B
Q3 25
$5.5B
$1.5B
Q2 25
$5.5B
$1.5B
Q1 25
$5.4B
$1.8B
Q4 24
$5.3B
$1.8B
Q3 24
$5.2B
$1.8B
Q2 24
$5.2B
$1.8B
Debt / Equity
FR
FR
OLPX
OLPX
Q1 26
Q4 25
0.40×
Q3 25
0.40×
Q2 25
0.40×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FR
FR
OLPX
OLPX
Operating Cash FlowLast quarter
$32.7M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
31.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FR
FR
OLPX
OLPX
Q1 26
Q4 25
$461.3M
$32.7M
Q3 25
$124.6M
$8.0M
Q2 25
$126.1M
$20.9M
Q1 25
$88.6M
$-2.9M
Q4 24
$352.5M
$49.7M
Q3 24
$105.5M
$33.5M
Q2 24
$107.7M
$16.2M
Free Cash Flow
FR
FR
OLPX
OLPX
Q1 26
Q4 25
$32.6M
Q3 25
$7.9M
Q2 25
$20.8M
Q1 25
$-3.0M
Q4 24
$49.2M
Q3 24
$33.3M
Q2 24
$16.1M
FCF Margin
FR
FR
OLPX
OLPX
Q1 26
Q4 25
31.0%
Q3 25
6.9%
Q2 25
19.6%
Q1 25
-3.1%
Q4 24
48.9%
Q3 24
28.0%
Q2 24
15.5%
Capex Intensity
FR
FR
OLPX
OLPX
Q1 26
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
0.4%
Q3 24
0.1%
Q2 24
0.1%
Cash Conversion
FR
FR
OLPX
OLPX
Q1 26
Q4 25
5.85×
Q3 25
1.91×
0.72×
Q2 25
2.28×
Q1 25
1.84×
-6.27×
Q4 24
5.15×
Q3 24
1.06×
2.26×
Q2 24
2.10×
2.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FR
FR

Segment breakdown not available.

OLPX
OLPX

Sales Channel Directly To Consumer$43.6M42%
Sales Channel Through Intermediary Professional$36.8M35%
Sales Channel Through Intermediary Specialty Retail$24.7M23%

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