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Side-by-side financial comparison of GOLDEN ENTERTAINMENT, INC. (GDEN) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.

GOLDEN ENTERTAINMENT, INC. is the larger business by last-quarter revenue ($155.6M vs $105.1M, roughly 1.5× OLAPLEX HOLDINGS, INC.). GOLDEN ENTERTAINMENT, INC. runs the higher net margin — -5.5% vs -12.5%, a 7.0% gap on every dollar of revenue. On growth, OLAPLEX HOLDINGS, INC. posted the faster year-over-year revenue change (4.3% vs -5.2%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $-4.4M). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs -5.4%).

Golden Entertainment, Inc. is an American gambling company based in Enterprise, Nevada that operates casinos and taverns. It was formed in 2015 by the merger of Golden Gaming and Lakes Entertainment. It is the largest tavern operator in Nevada. In October 2017, the company completed an $850 million acquisition of American Casino & Entertainment Properties. The company now has eight casino resorts, all located in Southern Nevada.

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.

GDEN vs OLPX — Head-to-Head

Bigger by revenue
GDEN
GDEN
1.5× larger
GDEN
$155.6M
$105.1M
OLPX
Growing faster (revenue YoY)
OLPX
OLPX
+9.6% gap
OLPX
4.3%
-5.2%
GDEN
Higher net margin
GDEN
GDEN
7.0% more per $
GDEN
-5.5%
-12.5%
OLPX
More free cash flow
OLPX
OLPX
$36.9M more FCF
OLPX
$32.6M
$-4.4M
GDEN
Faster 2-yr revenue CAGR
OLPX
OLPX
Annualised
OLPX
3.1%
-5.4%
GDEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GDEN
GDEN
OLPX
OLPX
Revenue
$155.6M
$105.1M
Net Profit
$-8.5M
$-13.1M
Gross Margin
92.5%
68.0%
Operating Margin
-1.5%
-4.3%
Net Margin
-5.5%
-12.5%
Revenue YoY
-5.2%
4.3%
Net Profit YoY
-386.0%
-48.9%
EPS (diluted)
$-0.31
$-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
GDEN
GDEN
OLPX
OLPX
Q4 25
$155.6M
$105.1M
Q3 25
$154.8M
$114.6M
Q2 25
$163.6M
$106.3M
Q1 25
$160.8M
$97.0M
Q4 24
$164.2M
$100.7M
Q3 24
$161.2M
$119.1M
Q2 24
$167.3M
$103.9M
Q1 24
$174.0M
$98.9M
Net Profit
GDEN
GDEN
OLPX
OLPX
Q4 25
$-8.5M
$-13.1M
Q3 25
$-4.7M
$11.1M
Q2 25
$4.6M
$-7.7M
Q1 25
$2.5M
$465.0K
Q4 24
$3.0M
$-8.8M
Q3 24
$5.2M
$14.8M
Q2 24
$623.0K
$5.8M
Q1 24
$42.0M
$7.7M
Gross Margin
GDEN
GDEN
OLPX
OLPX
Q4 25
92.5%
68.0%
Q3 25
92.8%
69.1%
Q2 25
93.1%
71.2%
Q1 25
92.7%
69.5%
Q4 24
96.3%
66.3%
Q3 24
93.0%
68.6%
Q2 24
93.2%
69.7%
Q1 24
89.9%
72.1%
Operating Margin
GDEN
GDEN
OLPX
OLPX
Q4 25
-1.5%
-4.3%
Q3 25
0.6%
3.7%
Q2 25
7.3%
-1.1%
Q1 25
6.9%
8.7%
Q4 24
7.1%
3.0%
Q3 24
4.2%
23.5%
Q2 24
8.1%
15.7%
Q1 24
46.0%
19.8%
Net Margin
GDEN
GDEN
OLPX
OLPX
Q4 25
-5.5%
-12.5%
Q3 25
-3.0%
9.7%
Q2 25
2.8%
-7.3%
Q1 25
1.6%
0.5%
Q4 24
1.8%
-8.7%
Q3 24
3.2%
12.4%
Q2 24
0.4%
5.6%
Q1 24
24.1%
7.8%
EPS (diluted)
GDEN
GDEN
OLPX
OLPX
Q4 25
$-0.31
$-0.02
Q3 25
$-0.18
$0.02
Q2 25
$0.17
$-0.01
Q1 25
$0.09
$0.00
Q4 24
$0.14
$-0.01
Q3 24
$0.18
$0.02
Q2 24
$0.02
$0.01
Q1 24
$1.37
$0.01

Balance Sheet & Financial Strength

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

Metric
GDEN
GDEN
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$55.3M
$318.7M
Total DebtLower is stronger
$426.6M
$352.3M
Stockholders' EquityBook value
$420.9M
$879.4M
Total Assets
$1.0B
$1.5B
Debt / EquityLower = less leverage
1.01×
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDEN
GDEN
OLPX
OLPX
Q4 25
$55.3M
$318.7M
Q3 25
$58.3M
$286.4M
Q2 25
$52.3M
$289.3M
Q1 25
$50.5M
$580.9M
Q4 24
$57.7M
$586.0M
Q3 24
$68.6M
$538.8M
Q2 24
$88.6M
$507.9M
Q1 24
$404.3M
$507.5M
Total Debt
GDEN
GDEN
OLPX
OLPX
Q4 25
$426.6M
$352.3M
Q3 25
$417.3M
$352.1M
Q2 25
$423.3M
$351.9M
Q1 25
$399.3M
$649.1M
Q4 24
$405.3M
$650.5M
Q3 24
$386.3M
$651.8M
Q2 24
$388.2M
$653.1M
Q1 24
$660.9M
$654.4M
Stockholders' Equity
GDEN
GDEN
OLPX
OLPX
Q4 25
$420.9M
$879.4M
Q3 25
$434.2M
$888.7M
Q2 25
$443.3M
$874.2M
Q1 25
$462.0M
$878.3M
Q4 24
$474.2M
$874.4M
Q3 24
$513.1M
$879.7M
Q2 24
$539.0M
$863.3M
Q1 24
$569.6M
$855.7M
Total Assets
GDEN
GDEN
OLPX
OLPX
Q4 25
$1.0B
$1.5B
Q3 25
$1.0B
$1.5B
Q2 25
$1.0B
$1.5B
Q1 25
$1.1B
$1.8B
Q4 24
$1.1B
$1.8B
Q3 24
$1.1B
$1.8B
Q2 24
$1.2B
$1.8B
Q1 24
$1.5B
$1.8B
Debt / Equity
GDEN
GDEN
OLPX
OLPX
Q4 25
1.01×
0.40×
Q3 25
0.96×
0.40×
Q2 25
0.95×
0.40×
Q1 25
0.86×
0.74×
Q4 24
0.85×
0.74×
Q3 24
0.75×
0.74×
Q2 24
0.72×
0.76×
Q1 24
1.16×
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
GDEN
GDEN
OLPX
OLPX
Operating Cash FlowLast quarter
$10.2M
$32.7M
Free Cash FlowOCF − Capex
$-4.4M
$32.6M
FCF MarginFCF / Revenue
-2.8%
31.0%
Capex IntensityCapex / Revenue
9.4%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$35.6M
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDEN
GDEN
OLPX
OLPX
Q4 25
$10.2M
$32.7M
Q3 25
$26.9M
$8.0M
Q2 25
$17.4M
$20.9M
Q1 25
$28.6M
$-2.9M
Q4 24
$22.5M
$49.7M
Q3 24
$22.5M
$33.5M
Q2 24
$21.5M
$16.2M
Q1 24
$25.8M
$43.7M
Free Cash Flow
GDEN
GDEN
OLPX
OLPX
Q4 25
$-4.4M
$32.6M
Q3 25
$19.3M
$7.9M
Q2 25
$4.0M
$20.8M
Q1 25
$16.6M
$-3.0M
Q4 24
$14.3M
$49.2M
Q3 24
$14.7M
$33.3M
Q2 24
$3.9M
$16.1M
Q1 24
$9.5M
$43.3M
FCF Margin
GDEN
GDEN
OLPX
OLPX
Q4 25
-2.8%
31.0%
Q3 25
12.5%
6.9%
Q2 25
2.4%
19.6%
Q1 25
10.4%
-3.1%
Q4 24
8.7%
48.9%
Q3 24
9.1%
28.0%
Q2 24
2.3%
15.5%
Q1 24
5.5%
43.7%
Capex Intensity
GDEN
GDEN
OLPX
OLPX
Q4 25
9.4%
0.1%
Q3 25
4.9%
0.1%
Q2 25
8.2%
0.1%
Q1 25
7.4%
0.0%
Q4 24
5.0%
0.4%
Q3 24
4.9%
0.1%
Q2 24
10.5%
0.1%
Q1 24
9.3%
0.5%
Cash Conversion
GDEN
GDEN
OLPX
OLPX
Q4 25
Q3 25
0.72×
Q2 25
3.76×
Q1 25
11.43×
-6.27×
Q4 24
7.57×
Q3 24
4.36×
2.26×
Q2 24
34.51×
2.81×
Q1 24
0.61×
5.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDEN
GDEN

Nevada Casino Resorts$90.2M58%
Nevada Locals Casinos$37.4M24%
Nevada Taverns$27.7M18%

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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