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

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $105.1M, roughly 1.8× OLAPLEX HOLDINGS, INC.). WAFD INC runs the higher net margin — 33.5% vs -12.5%, a 46.0% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% vs 4.3%). WAFD INC produced more free cash flow last quarter ($50.0M vs $32.6M). Over the past eight quarters, WAFD INC's revenue compounded faster (5.5% 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.

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

OLPX vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.8× larger
WAFD
$191.4M
$105.1M
OLPX
Growing faster (revenue YoY)
WAFD
WAFD
+7.5% gap
WAFD
11.8%
4.3%
OLPX
Higher net margin
WAFD
WAFD
46.0% more per $
WAFD
33.5%
-12.5%
OLPX
More free cash flow
WAFD
WAFD
$17.5M more FCF
WAFD
$50.0M
$32.6M
OLPX
Faster 2-yr revenue CAGR
WAFD
WAFD
Annualised
WAFD
5.5%
3.1%
OLPX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
OLPX
OLPX
WAFD
WAFD
Revenue
$105.1M
$191.4M
Net Profit
$-13.1M
$64.2M
Gross Margin
68.0%
Operating Margin
-4.3%
43.0%
Net Margin
-12.5%
33.5%
Revenue YoY
4.3%
11.8%
Net Profit YoY
-48.9%
35.8%
EPS (diluted)
$-0.02
$0.79

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
WAFD
WAFD
Q4 25
$105.1M
$191.4M
Q3 25
$114.6M
$188.3M
Q2 25
$106.3M
$186.3M
Q1 25
$97.0M
$179.8M
Q4 24
$100.7M
$171.1M
Q3 24
$119.1M
$188.7M
Q2 24
$103.9M
$194.4M
Q1 24
$98.9M
$172.0M
Net Profit
OLPX
OLPX
WAFD
WAFD
Q4 25
$-13.1M
$64.2M
Q3 25
$11.1M
$60.6M
Q2 25
$-7.7M
$62.0M
Q1 25
$465.0K
$56.3M
Q4 24
$-8.8M
$47.3M
Q3 24
$14.8M
$61.1M
Q2 24
$5.8M
$64.6M
Q1 24
$7.7M
$15.9M
Gross Margin
OLPX
OLPX
WAFD
WAFD
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
OLPX
OLPX
WAFD
WAFD
Q4 25
-4.3%
43.0%
Q3 25
3.7%
41.2%
Q2 25
-1.1%
42.8%
Q1 25
8.7%
40.1%
Q4 24
3.0%
35.2%
Q3 24
23.5%
42.8%
Q2 24
15.7%
42.6%
Q1 24
19.8%
12.2%
Net Margin
OLPX
OLPX
WAFD
WAFD
Q4 25
-12.5%
33.5%
Q3 25
9.7%
32.2%
Q2 25
-7.3%
33.3%
Q1 25
0.5%
31.3%
Q4 24
-8.7%
27.6%
Q3 24
12.4%
32.4%
Q2 24
5.6%
33.2%
Q1 24
7.8%
9.2%
EPS (diluted)
OLPX
OLPX
WAFD
WAFD
Q4 25
$-0.02
$0.79
Q3 25
$0.02
$0.71
Q2 25
$-0.01
$0.73
Q1 25
$0.00
$0.65
Q4 24
$-0.01
$0.54
Q3 24
$0.02
$0.73
Q2 24
$0.01
$0.75
Q1 24
$0.01
$0.17

Balance Sheet & Financial Strength

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

Metric
OLPX
OLPX
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$318.7M
$734.9M
Total DebtLower is stronger
$352.3M
Stockholders' EquityBook value
$879.4M
$3.0B
Total Assets
$1.5B
$27.3B
Debt / EquityLower = less leverage
0.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLPX
OLPX
WAFD
WAFD
Q4 25
$318.7M
$734.9M
Q3 25
$286.4M
$657.3M
Q2 25
$289.3M
$809.3M
Q1 25
$580.9M
$1.2B
Q4 24
$586.0M
$1.5B
Q3 24
$538.8M
$2.4B
Q2 24
$507.9M
$2.5B
Q1 24
$507.5M
$1.5B
Total Debt
OLPX
OLPX
WAFD
WAFD
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
OLPX
OLPX
WAFD
WAFD
Q4 25
$879.4M
$3.0B
Q3 25
$888.7M
$3.0B
Q2 25
$874.2M
$3.0B
Q1 25
$878.3M
$3.0B
Q4 24
$874.4M
$3.0B
Q3 24
$879.7M
$3.0B
Q2 24
$863.3M
$3.0B
Q1 24
$855.7M
$2.9B
Total Assets
OLPX
OLPX
WAFD
WAFD
Q4 25
$1.5B
$27.3B
Q3 25
$1.5B
$26.7B
Q2 25
$1.5B
$26.7B
Q1 25
$1.8B
$27.6B
Q4 24
$1.8B
$27.7B
Q3 24
$1.8B
$28.1B
Q2 24
$1.8B
$28.6B
Q1 24
$1.8B
$30.1B
Debt / Equity
OLPX
OLPX
WAFD
WAFD
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
OLPX
OLPX
WAFD
WAFD
Operating Cash FlowLast quarter
$32.7M
$60.5M
Free Cash FlowOCF − Capex
$32.6M
$50.0M
FCF MarginFCF / Revenue
31.0%
26.1%
Capex IntensityCapex / Revenue
0.1%
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$58.3M
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OLPX
OLPX
WAFD
WAFD
Q4 25
$32.7M
$60.5M
Q3 25
$8.0M
$237.0M
Q2 25
$20.9M
$58.0M
Q1 25
$-2.9M
$72.1M
Q4 24
$49.7M
$49.4M
Q3 24
$33.5M
$439.2M
Q2 24
$16.2M
$63.1M
Q1 24
$43.7M
$169.2M
Free Cash Flow
OLPX
OLPX
WAFD
WAFD
Q4 25
$32.6M
$50.0M
Q3 25
$7.9M
$208.2M
Q2 25
$20.8M
$53.1M
Q1 25
$-3.0M
$66.6M
Q4 24
$49.2M
$43.0M
Q3 24
$33.3M
$414.6M
Q2 24
$16.1M
$58.3M
Q1 24
$43.3M
$164.8M
FCF Margin
OLPX
OLPX
WAFD
WAFD
Q4 25
31.0%
26.1%
Q3 25
6.9%
110.6%
Q2 25
19.6%
28.5%
Q1 25
-3.1%
37.0%
Q4 24
48.9%
25.1%
Q3 24
28.0%
219.7%
Q2 24
15.5%
30.0%
Q1 24
43.7%
95.8%
Capex Intensity
OLPX
OLPX
WAFD
WAFD
Q4 25
0.1%
5.5%
Q3 25
0.1%
15.2%
Q2 25
0.1%
2.6%
Q1 25
0.0%
3.1%
Q4 24
0.4%
3.8%
Q3 24
0.1%
13.1%
Q2 24
0.1%
2.5%
Q1 24
0.5%
2.6%
Cash Conversion
OLPX
OLPX
WAFD
WAFD
Q4 25
0.94×
Q3 25
0.72×
3.91×
Q2 25
0.94×
Q1 25
-6.27×
1.28×
Q4 24
1.05×
Q3 24
2.26×
7.18×
Q2 24
2.81×
0.98×
Q1 24
5.64×
10.65×

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%

WAFD
WAFD

Segment breakdown not available.

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