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Side-by-side financial comparison of OLAPLEX HOLDINGS, INC. (OLPX) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.

VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($199.5M vs $105.1M, roughly 1.9× OLAPLEX HOLDINGS, INC.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 3.6% vs -12.5%, a 16.0% gap on every dollar of revenue. On growth, OLAPLEX HOLDINGS, INC. posted the faster year-over-year revenue change (4.3% vs -4.1%). Over the past eight quarters, OLAPLEX HOLDINGS, INC.'s revenue compounded faster (3.1% CAGR vs -5.7%).

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.

Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.

OLPX vs VRTS — Head-to-Head

Bigger by revenue
VRTS
VRTS
1.9× larger
VRTS
$199.5M
$105.1M
OLPX
Growing faster (revenue YoY)
OLPX
OLPX
+8.4% gap
OLPX
4.3%
-4.1%
VRTS
Higher net margin
VRTS
VRTS
16.0% more per $
VRTS
3.6%
-12.5%
OLPX
Faster 2-yr revenue CAGR
OLPX
OLPX
Annualised
OLPX
3.1%
-5.7%
VRTS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OLPX
OLPX
VRTS
VRTS
Revenue
$105.1M
$199.5M
Net Profit
$-13.1M
$7.1M
Gross Margin
68.0%
Operating Margin
-4.3%
7.7%
Net Margin
-12.5%
3.6%
Revenue YoY
4.3%
-4.1%
Net Profit YoY
-48.9%
-78.1%
EPS (diluted)
$-0.02
$1.05

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
VRTS
VRTS
Q1 26
$199.5M
Q4 25
$105.1M
$208.0M
Q3 25
$114.6M
$216.4M
Q2 25
$106.3M
$210.5M
Q1 25
$97.0M
$217.9M
Q4 24
$100.7M
$233.5M
Q3 24
$119.1M
$227.0M
Q2 24
$103.9M
$224.4M
Net Profit
OLPX
OLPX
VRTS
VRTS
Q1 26
$7.1M
Q4 25
$-13.1M
$33.9M
Q3 25
$11.1M
$31.3M
Q2 25
$-7.7M
$42.7M
Q1 25
$465.0K
$28.1M
Q4 24
$-8.8M
$39.5M
Q3 24
$14.8M
$49.1M
Q2 24
$5.8M
$26.0M
Gross Margin
OLPX
OLPX
VRTS
VRTS
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
OLPX
OLPX
VRTS
VRTS
Q1 26
7.7%
Q4 25
-4.3%
19.1%
Q3 25
3.7%
21.7%
Q2 25
-1.1%
21.5%
Q1 25
8.7%
16.8%
Q4 24
3.0%
21.7%
Q3 24
23.5%
24.3%
Q2 24
15.7%
19.7%
Net Margin
OLPX
OLPX
VRTS
VRTS
Q1 26
3.6%
Q4 25
-12.5%
16.3%
Q3 25
9.7%
14.5%
Q2 25
-7.3%
20.3%
Q1 25
0.5%
12.9%
Q4 24
-8.7%
16.9%
Q3 24
12.4%
21.6%
Q2 24
5.6%
11.6%
EPS (diluted)
OLPX
OLPX
VRTS
VRTS
Q1 26
$1.05
Q4 25
$-0.02
$5.15
Q3 25
$0.02
$4.65
Q2 25
$-0.01
$6.12
Q1 25
$0.00
$4.05
Q4 24
$-0.01
$4.65
Q3 24
$0.02
$5.71
Q2 24
$0.01
$2.43

Balance Sheet & Financial Strength

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

Metric
OLPX
OLPX
VRTS
VRTS
Cash + ST InvestmentsLiquidity on hand
$318.7M
$136.6M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$879.4M
$93.6B
Total Assets
$1.5B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLPX
OLPX
VRTS
VRTS
Q1 26
$136.6M
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
Total Debt
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
$352.3M
$390.0M
Q3 25
$352.1M
$390.6M
Q2 25
$351.9M
$231.3M
Q1 25
$649.1M
$231.7M
Q4 24
$650.5M
$232.1M
Q3 24
$651.8M
$237.5M
Q2 24
$653.1M
$247.6M
Stockholders' Equity
OLPX
OLPX
VRTS
VRTS
Q1 26
$93.6B
Q4 25
$879.4M
$934.0M
Q3 25
$888.7M
$918.7M
Q2 25
$874.2M
$896.4M
Q1 25
$878.3M
$893.7M
Q4 24
$874.4M
$897.5M
Q3 24
$879.7M
$889.0M
Q2 24
$863.3M
$868.7M
Total Assets
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
$1.5B
$4.3B
Q3 25
$1.5B
$3.9B
Q2 25
$1.5B
$3.7B
Q1 25
$1.8B
$3.7B
Q4 24
$1.8B
$4.0B
Q3 24
$1.8B
$3.6B
Q2 24
$1.8B
$3.6B
Debt / Equity
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
0.40×
0.42×
Q3 25
0.40×
0.43×
Q2 25
0.40×
0.26×
Q1 25
0.74×
0.26×
Q4 24
0.74×
0.26×
Q3 24
0.74×
0.27×
Q2 24
0.76×
0.29×

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
VRTS
VRTS
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
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
$32.7M
$-67.2M
Q3 25
$8.0M
$108.3M
Q2 25
$20.9M
$75.8M
Q1 25
$-2.9M
$-3.8M
Q4 24
$49.7M
$1.8M
Q3 24
$33.5M
$69.1M
Q2 24
$16.2M
$70.0M
Free Cash Flow
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
$32.6M
$-74.1M
Q3 25
$7.9M
$106.9M
Q2 25
$20.8M
$74.2M
Q1 25
$-3.0M
$-6.8M
Q4 24
$49.2M
$-3.8M
Q3 24
$33.3M
$68.7M
Q2 24
$16.1M
$68.6M
FCF Margin
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
31.0%
-35.6%
Q3 25
6.9%
49.4%
Q2 25
19.6%
35.2%
Q1 25
-3.1%
-3.1%
Q4 24
48.9%
-1.6%
Q3 24
28.0%
30.3%
Q2 24
15.5%
30.6%
Capex Intensity
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
0.1%
3.3%
Q3 25
0.1%
0.7%
Q2 25
0.1%
0.7%
Q1 25
0.0%
1.4%
Q4 24
0.4%
2.4%
Q3 24
0.1%
0.2%
Q2 24
0.1%
0.6%
Cash Conversion
OLPX
OLPX
VRTS
VRTS
Q1 26
Q4 25
-1.99×
Q3 25
0.72×
3.45×
Q2 25
1.77×
Q1 25
-6.27×
-0.13×
Q4 24
0.04×
Q3 24
2.26×
1.41×
Q2 24
2.81×
2.69×

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%

VRTS
VRTS

Investment management fees$169.1M85%
Administration and shareholder service fees$17.3M9%
Distribution and service fees$11.6M6%

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