Evolus posts record rally after Q4 beat

[Close up image of wooden cubes with alphabet Q4 on office desk.]
mohd izzuan
Evolus (EOLS [https://seekingalpha.com/symbol/EOLS]) shares jumped ~36% on Wednesday, its biggest intraday gain in nearly half a decade, after the maker of Jeuveau anti-wrinkle therapy exceeded Street forecasts with its Q4 2025 financials, [https://seekingalpha.com/news/4560428-evolus-gaap-eps-of-0_00-beats-by-0_05-revenue-of-89_2m-misses-by-0_38m] posting net income for the first time in nearly five years.
On Tuesday after the close, the California-based beauty company reported $90.3M in revenue for the quarter, beating the consensus by $0.7M with ~14% YoY growth thanks to higher volumes of Jeuveau and other products.
Evolus (EOLS [https://seekingalpha.com/symbol/EOLS]) also posted quarterly net income for the first time since Q1 2021 after its net income for Q4 reached $130K, compared to a net loss of $6.7M in the prior year period. However, its gross margin slipped to 65.7% from 66.7% in the year-ago period, while GAAP EPS of $0.00 exceeded Street estimates by $0.05. [https://seekingalpha.com/news/4560428-evolus-gaap-eps-of-0_00-beats-by-0_05-revenue-of-89_2m-misses-by-0_38m]
The company projected $327M - $337M in net revenue for this year, indicating 10% YoY - 13% YoY growth from 2025, and estimated $450M - $500M in total net revenue for 2028 with a three-year CAGR of 15% - 19%.
However, its projection of 65.5%–67.0% for adjusted gross profit margin in 2026 suggested a decline from 67.4% and 69.6% recorded in 2025 and 2024, respectively. [https://seekingalpha.com/pr/20422814-evolus-reports-fourth-quarter-and-full-year-2025-financial-results-delivers-sixth-consecutive#hasComeFromMpArticle=false]
MORE ON EVOLUS
* Evolus, Inc. (EOLS) Q4 2025 Earnings Call Transcript [https://seekingalpha.com/article/4878013-evolus-inc-eols-q4-2025-earnings-call-transcript]
* Evolus, Inc. 2025 Q4 - Results - Earnings Call Presentation [https://seekingalpha.com/article/4878002-evolus-inc-2025-q4-results-earnings-call-presentation]
* Evolus: A Difficult 2025 Means I'm Downgrading Stock To 'Hold' For 2026 [https://seekingalpha.com/article/4854175-evolus-difficult-2025-means-downgrading-to-hold-for-2026]
* Evolus outlines 2026 revenue guidance of $327M–$337M while expanding international presence and product portfolio [https://seekingalpha.com/news/4560548-evolus-outlines-2026-revenue-guidance-of-327m-337m-while-expanding-international-presence-and]
* Evolus GAAP EPS of $0.00 beats by $0.05, revenue of $90.3M beats by $0.72M [https://seekingalpha.com/news/4560428-evolus-gaap-eps-of-0_00-beats-by-0_05-revenue-of-89_2m-misses-by-0_38m]
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