vs

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

OLAPLEX HOLDINGS, INC. is the larger business by last-quarter revenue ($105.1M vs $69.8M, roughly 1.5× RIGEL PHARMACEUTICALS INC). RIGEL PHARMACEUTICALS INC runs the higher net margin — 384.0% vs -12.5%, a 396.5% gap on every dollar of revenue. On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs 4.3%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% CAGR vs 3.1%).

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.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

OLPX vs RIGL — Head-to-Head

Bigger by revenue
OLPX
OLPX
1.5× larger
OLPX
$105.1M
$69.8M
RIGL
Growing faster (revenue YoY)
RIGL
RIGL
+16.8% gap
RIGL
21.2%
4.3%
OLPX
Higher net margin
RIGL
RIGL
396.5% more per $
RIGL
384.0%
-12.5%
OLPX
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
3.1%
OLPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OLPX
OLPX
RIGL
RIGL
Revenue
$105.1M
$69.8M
Net Profit
$-13.1M
$268.1M
Gross Margin
68.0%
91.5%
Operating Margin
-4.3%
33.2%
Net Margin
-12.5%
384.0%
Revenue YoY
4.3%
21.2%
Net Profit YoY
-48.9%
1769.2%
EPS (diluted)
$-0.02
$14.11

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
OLPX
OLPX
RIGL
RIGL
Q4 25
$105.1M
$69.8M
Q3 25
$114.6M
$69.5M
Q2 25
$106.3M
$101.7M
Q1 25
$97.0M
$53.3M
Q4 24
$100.7M
$57.6M
Q3 24
$119.1M
$55.3M
Q2 24
$103.9M
$36.8M
Q1 24
$98.9M
$29.5M
Net Profit
OLPX
OLPX
RIGL
RIGL
Q4 25
$-13.1M
$268.1M
Q3 25
$11.1M
$27.9M
Q2 25
$-7.7M
$59.6M
Q1 25
$465.0K
$11.4M
Q4 24
$-8.8M
$14.3M
Q3 24
$14.8M
$12.4M
Q2 24
$5.8M
$-1.0M
Q1 24
$7.7M
$-8.2M
Gross Margin
OLPX
OLPX
RIGL
RIGL
Q4 25
68.0%
91.5%
Q3 25
69.1%
93.2%
Q2 25
71.2%
95.6%
Q1 25
69.5%
91.7%
Q4 24
66.3%
89.9%
Q3 24
68.6%
85.5%
Q2 24
69.7%
92.4%
Q1 24
72.1%
93.1%
Operating Margin
OLPX
OLPX
RIGL
RIGL
Q4 25
-4.3%
33.2%
Q3 25
3.7%
40.9%
Q2 25
-1.1%
60.1%
Q1 25
8.7%
23.9%
Q4 24
3.0%
28.9%
Q3 24
23.5%
25.4%
Q2 24
15.7%
1.2%
Q1 24
19.8%
-23.6%
Net Margin
OLPX
OLPX
RIGL
RIGL
Q4 25
-12.5%
384.0%
Q3 25
9.7%
40.2%
Q2 25
-7.3%
58.6%
Q1 25
0.5%
21.5%
Q4 24
-8.7%
24.9%
Q3 24
12.4%
22.5%
Q2 24
5.6%
-2.8%
Q1 24
7.8%
-27.9%
EPS (diluted)
OLPX
OLPX
RIGL
RIGL
Q4 25
$-0.02
$14.11
Q3 25
$0.02
$1.46
Q2 25
$-0.01
$3.28
Q1 25
$0.00
$0.63
Q4 24
$-0.01
$0.82
Q3 24
$0.02
$0.70
Q2 24
$0.01
$-0.06
Q1 24
$0.01
$-0.47

Balance Sheet & Financial Strength

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

Metric
OLPX
OLPX
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$318.7M
$155.0M
Total DebtLower is stronger
$352.3M
$52.5M
Stockholders' EquityBook value
$879.4M
$391.5M
Total Assets
$1.5B
$513.6M
Debt / EquityLower = less leverage
0.40×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLPX
OLPX
RIGL
RIGL
Q4 25
$318.7M
$155.0M
Q3 25
$286.4M
$137.1M
Q2 25
$289.3M
$108.4M
Q1 25
$580.9M
$77.1M
Q4 24
$586.0M
$77.3M
Q3 24
$538.8M
$61.1M
Q2 24
$507.9M
$49.1M
Q1 24
$507.5M
$49.5M
Total Debt
OLPX
OLPX
RIGL
RIGL
Q4 25
$352.3M
$52.5M
Q3 25
$352.1M
$60.0M
Q2 25
$351.9M
$60.0M
Q1 25
$649.1M
$60.0M
Q4 24
$650.5M
$60.0M
Q3 24
$651.8M
$60.0M
Q2 24
$653.1M
$60.0M
Q1 24
$654.4M
$60.0M
Stockholders' Equity
OLPX
OLPX
RIGL
RIGL
Q4 25
$879.4M
$391.5M
Q3 25
$888.7M
$117.6M
Q2 25
$874.2M
$81.9M
Q1 25
$878.3M
$18.6M
Q4 24
$874.4M
$3.3M
Q3 24
$879.7M
$-14.6M
Q2 24
$863.3M
$-29.9M
Q1 24
$855.7M
$-31.7M
Total Assets
OLPX
OLPX
RIGL
RIGL
Q4 25
$1.5B
$513.6M
Q3 25
$1.5B
$242.5M
Q2 25
$1.5B
$206.7M
Q1 25
$1.8B
$176.0M
Q4 24
$1.8B
$164.0M
Q3 24
$1.8B
$139.4M
Q2 24
$1.8B
$128.4M
Q1 24
$1.8B
$126.5M
Debt / Equity
OLPX
OLPX
RIGL
RIGL
Q4 25
0.40×
0.13×
Q3 25
0.40×
0.51×
Q2 25
0.40×
0.73×
Q1 25
0.74×
3.23×
Q4 24
0.74×
18.25×
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
OLPX
OLPX
RIGL
RIGL
Operating Cash FlowLast quarter
$32.7M
$22.0M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
31.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters
$58.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLPX
OLPX
RIGL
RIGL
Q4 25
$32.7M
$22.0M
Q3 25
$8.0M
$24.0M
Q2 25
$20.9M
$30.5M
Q1 25
$-2.9M
$-893.0K
Q4 24
$49.7M
$14.5M
Q3 24
$33.5M
$21.7M
Q2 24
$16.2M
$302.0K
Q1 24
$43.7M
$-5.0M
Free Cash Flow
OLPX
OLPX
RIGL
RIGL
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
Q1 24
$43.3M
FCF Margin
OLPX
OLPX
RIGL
RIGL
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%
Q1 24
43.7%
Capex Intensity
OLPX
OLPX
RIGL
RIGL
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%
Q1 24
0.5%
Cash Conversion
OLPX
OLPX
RIGL
RIGL
Q4 25
0.08×
Q3 25
0.72×
0.86×
Q2 25
0.51×
Q1 25
-6.27×
-0.08×
Q4 24
1.01×
Q3 24
2.26×
1.75×
Q2 24
2.81×
Q1 24
5.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLPX
OLPX

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

RIGL
RIGL

Segment breakdown not available.

Related Comparisons