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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.VRTSEarnings & Financial Report
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
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% | — |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 | — |
| 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 |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |