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Side-by-side financial comparison of HERITAGE COMMERCE CORP (HTBK) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.

OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $53.6M, roughly 2.0× HERITAGE COMMERCE CORP). HERITAGE COMMERCE CORP runs the higher net margin — 28.2% vs -12.5%, a 40.7% gap on every dollar of revenue. On growth, HERITAGE COMMERCE CORP posted the faster year-over-year revenue change (15.6% vs 4.3%). HERITAGE COMMERCE CORP produced more free cash flow last quarter ($61.3M vs $32.6M). Over the past eight quarters, HERITAGE COMMERCE CORP's revenue compounded faster (12.8% CAGR vs 3.1%).

The United States Chamber of Commerce (USCC) is a business association advocacy group and is the largest lobbying group in the United States. The group was founded in April 23, 1912, out of local chambers of commerce at the urging of President William Howard Taft and his secretary of commerce and labor Charles Nagel. President Taft's belief was that the "government needed to deal with a group that could speak with authority for the interests of business."

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.

HTBK vs OLPX — Head-to-Head

Bigger by revenue
OLPX
OLPX
2.0× larger
OLPX
$105.1M
$53.6M
HTBK
Growing faster (revenue YoY)
HTBK
HTBK
+11.3% gap
HTBK
15.6%
4.3%
OLPX
Higher net margin
HTBK
HTBK
40.7% more per $
HTBK
28.2%
-12.5%
OLPX
More free cash flow
HTBK
HTBK
$28.7M more FCF
HTBK
$61.3M
$32.6M
OLPX
Faster 2-yr revenue CAGR
HTBK
HTBK
Annualised
HTBK
12.8%
3.1%
OLPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTBK
HTBK
OLPX
OLPX
Revenue
$53.6M
$105.1M
Net Profit
$15.1M
$-13.1M
Gross Margin
68.0%
Operating Margin
41.0%
-4.3%
Net Margin
28.2%
-12.5%
Revenue YoY
15.6%
4.3%
Net Profit YoY
42.3%
-48.9%
EPS (diluted)
$0.25
$-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
HTBK
HTBK
OLPX
OLPX
Q4 25
$53.6M
$105.1M
Q3 25
$50.0M
$114.6M
Q2 25
$47.8M
$106.3M
Q1 25
$46.1M
$97.0M
Q4 24
$46.4M
$100.7M
Q3 24
$42.2M
$119.1M
Q2 24
$41.7M
$103.9M
Q1 24
$42.1M
$98.9M
Net Profit
HTBK
HTBK
OLPX
OLPX
Q4 25
$15.1M
$-13.1M
Q3 25
$14.7M
$11.1M
Q2 25
$6.4M
$-7.7M
Q1 25
$11.6M
$465.0K
Q4 24
$10.6M
$-8.8M
Q3 24
$10.5M
$14.8M
Q2 24
$9.2M
$5.8M
Q1 24
$10.2M
$7.7M
Gross Margin
HTBK
HTBK
OLPX
OLPX
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%
Q1 24
72.1%
Operating Margin
HTBK
HTBK
OLPX
OLPX
Q4 25
41.0%
-4.3%
Q3 25
41.1%
3.7%
Q2 25
18.7%
-1.1%
Q1 25
35.4%
8.7%
Q4 24
31.8%
3.0%
Q3 24
34.3%
23.5%
Q2 24
31.3%
15.7%
Q1 24
34.2%
19.8%
Net Margin
HTBK
HTBK
OLPX
OLPX
Q4 25
28.2%
-12.5%
Q3 25
29.4%
9.7%
Q2 25
13.4%
-7.3%
Q1 25
25.2%
0.5%
Q4 24
22.9%
-8.7%
Q3 24
24.9%
12.4%
Q2 24
22.1%
5.6%
Q1 24
24.1%
7.8%
EPS (diluted)
HTBK
HTBK
OLPX
OLPX
Q4 25
$0.25
$-0.02
Q3 25
$0.24
$0.02
Q2 25
$0.10
$-0.01
Q1 25
$0.19
$0.00
Q4 24
$0.17
$-0.01
Q3 24
$0.17
$0.02
Q2 24
$0.15
$0.01
Q1 24
$0.17
$0.01

Balance Sheet & Financial Strength

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

Metric
HTBK
HTBK
OLPX
OLPX
Cash + ST InvestmentsLiquidity on hand
$318.7M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$708.6M
$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
HTBK
HTBK
OLPX
OLPX
Q4 25
$318.7M
Q3 25
$286.4M
Q2 25
$289.3M
Q1 25
$580.9M
Q4 24
$586.0M
Q3 24
$538.8M
Q2 24
$507.9M
Q1 24
$507.5M
Total Debt
HTBK
HTBK
OLPX
OLPX
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
Q1 24
$654.4M
Stockholders' Equity
HTBK
HTBK
OLPX
OLPX
Q4 25
$708.6M
$879.4M
Q3 25
$700.0M
$888.7M
Q2 25
$694.7M
$874.2M
Q1 25
$696.2M
$878.3M
Q4 24
$689.7M
$874.4M
Q3 24
$685.4M
$879.7M
Q2 24
$679.2M
$863.3M
Q1 24
$676.3M
$855.7M
Total Assets
HTBK
HTBK
OLPX
OLPX
Q4 25
$5.8B
$1.5B
Q3 25
$5.6B
$1.5B
Q2 25
$5.5B
$1.5B
Q1 25
$5.5B
$1.8B
Q4 24
$5.6B
$1.8B
Q3 24
$5.6B
$1.8B
Q2 24
$5.3B
$1.8B
Q1 24
$5.3B
$1.8B
Debt / Equity
HTBK
HTBK
OLPX
OLPX
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×
Q1 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
HTBK
HTBK
OLPX
OLPX
Operating Cash FlowLast quarter
$61.7M
$32.7M
Free Cash FlowOCF − Capex
$61.3M
$32.6M
FCF MarginFCF / Revenue
114.3%
31.0%
Capex IntensityCapex / Revenue
0.7%
0.1%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTBK
HTBK
OLPX
OLPX
Q4 25
$61.7M
$32.7M
Q3 25
$18.9M
$8.0M
Q2 25
$8.0M
$20.9M
Q1 25
$14.8M
$-2.9M
Q4 24
$39.0M
$49.7M
Q3 24
$5.3M
$33.5M
Q2 24
$10.5M
$16.2M
Q1 24
$7.3M
$43.7M
Free Cash Flow
HTBK
HTBK
OLPX
OLPX
Q4 25
$61.3M
$32.6M
Q3 25
$18.8M
$7.9M
Q2 25
$20.8M
Q1 25
$-3.0M
Q4 24
$37.3M
$49.2M
Q3 24
$4.9M
$33.3M
Q2 24
$9.9M
$16.1M
Q1 24
$6.9M
$43.3M
FCF Margin
HTBK
HTBK
OLPX
OLPX
Q4 25
114.3%
31.0%
Q3 25
37.7%
6.9%
Q2 25
19.6%
Q1 25
-3.1%
Q4 24
80.5%
48.9%
Q3 24
11.6%
28.0%
Q2 24
23.6%
15.5%
Q1 24
16.4%
43.7%
Capex Intensity
HTBK
HTBK
OLPX
OLPX
Q4 25
0.7%
0.1%
Q3 25
0.1%
0.1%
Q2 25
0.1%
Q1 25
0.0%
Q4 24
3.5%
0.4%
Q3 24
1.0%
0.1%
Q2 24
1.6%
0.1%
Q1 24
1.0%
0.5%
Cash Conversion
HTBK
HTBK
OLPX
OLPX
Q4 25
4.08×
Q3 25
1.28×
0.72×
Q2 25
1.25×
Q1 25
1.28×
-6.27×
Q4 24
3.67×
Q3 24
0.50×
2.26×
Q2 24
1.14×
2.81×
Q1 24
0.72×
5.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTBK
HTBK

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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