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Evolus, Inc. (EOLS) Stock Fundamental Analysis & AI Rating 2026

EOLS Nasdaq Pharmaceutical Preparations DE CIK: 0001570562
Recently Updated • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
88% Confidence
AGREEMENT
STRONG SELL
90% Conf
SELL
85% Conf

📊 EOLS Key Takeaways

Revenue: $73.1M
Net Margin: -14.6%
Free Cash Flow: $-10.4M
Current Ratio: 2.04x
Debt/Equity: N/A
EPS: $-0.16
AI Rating: STRONG SELL with 90% confidence
Evolus, Inc. (EOLS) receives a SELL rating with 88% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $73.1M, net profit margin of -14.6%, Evolus, Inc. demonstrates mixed fundamentals in the Healthcare sector. Below is our complete EOLS stock analysis for 2026.

Is Evolus, Inc. (EOLS) a Good Investment?

Claude

Evolus demonstrates healthy revenue growth (11.6% YoY) and strong gross margins (66.9%), indicating viable product demand and unit economics. However, the company faces critical financial distress: negative stockholders' equity (-$28.8M), unsustainable debt load ($156.4M vs $49.8M cash), negative operating cash flow (-$10.0M), and inability to cover interest expense from operations (interest coverage -1.5x), creating acute refinancing and solvency risk.

ChatGPT

Evolus is showing solid top-line growth and healthy gross margins, which suggests its core product economics remain attractive. However, that revenue growth is not translating into operating profitability or cash generation, and the combination of recurring losses, negative free cash flow, high leverage, and negative equity materially weakens the fundamental picture. Until margin improvement and cash flow stabilization become clear, the business looks financially stretched rather than fundamentally strong.

Why Buy Evolus, Inc. Stock? EOLS Key Strengths

Claude
  • + Revenue growth of 11.6% YoY indicates sustained market demand for products
  • + Gross margin of 66.9% demonstrates strong product-level unit economics and pricing power
  • + Current ratio of 2.04x and cash position of $49.8M provide near-term liquidity buffer
ChatGPT
  • + Revenue grew 11.6% year over year, indicating continued commercial demand
  • + Gross margin of 66.3% shows strong underlying product economics
  • + Current ratio of 1.90x and quick ratio of 1.54x indicate acceptable near-term liquidity

EOLS Stock Risks: Evolus, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity (-$28.8M) indicates technical insolvency and liabilities exceed total assets
  • ! Debt burden of $156.4M with only $49.8M cash and negative operating cash flow creates imminent refinancing risk
  • ! Negative operating (-$6.8M) and free cash flow (-$10.4M) demonstrates business is not self-sustaining at current scale
  • ! Interest coverage ratio of -1.5x shows company cannot service debt obligations from operations
ChatGPT
  • ! Operating margin of -11.0% and net margin of -17.4% show the company is still structurally unprofitable
  • ! Negative operating cash flow and free cash flow indicate growth is not yet self-funding
  • ! Negative stockholders equity, $146.10M of long-term debt, and negative interest coverage point to elevated balance sheet risk

Key Metrics to Watch

Claude
  • * Time to operating profitability and path to positive operating cash flow
  • * Debt restructuring or reduction strategy and refinancing timeline
  • * Quarterly cash burn rate and runway to potential liquidity crisis
ChatGPT
  • * Operating cash flow and free cash flow trend
  • * Operating margin improvement relative to revenue growth

Evolus, Inc. (EOLS) Financial Metrics & Key Ratios

Revenue
$73.1M
Net Income
$-10.7M
EPS (Diluted)
$-0.16
Free Cash Flow
$-10.4M
Total Assets
$220.6M
Cash Position
$49.8M

💡 AI Analyst Insight

Strong liquidity with a 2.04x current ratio provides a solid financial cushion.

EOLS Profit Margin, ROE & Profitability Analysis

Gross Margin 66.9%
Operating Margin -9.4%
Net Margin -14.6%
ROE N/A
ROA -4.8%
FCF Margin -14.2%

EOLS vs Healthcare Sector: How Evolus, Inc. Compares

How Evolus, Inc. compares to Healthcare sector averages

Net Margin
EOLS -14.6%
vs
Sector Avg 12.0%
EOLS Sector
ROE
EOLS 0.0%
vs
Sector Avg 15.0%
EOLS Sector
Current Ratio
EOLS 2.0x
vs
Sector Avg 2.0x
EOLS Sector
Debt/Equity
EOLS 0.0x
vs
Sector Avg 0.6x
EOLS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Evolus, Inc. Stock Overvalued? EOLS Valuation Analysis 2026

Based on fundamental analysis, Evolus, Inc. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-14.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Evolus, Inc. Balance Sheet: EOLS Debt, Cash & Liquidity

Current Ratio
2.04x
Quick Ratio
1.68x
Debt/Equity
N/A
Debt/Assets
113.0%
Interest Coverage
-1.46x
Long-term Debt
$156.4M

EOLS Revenue & Earnings Growth: 5-Year Financial Trend

EOLS 5-year financial data: Year 2021: Revenue $99.7M, Net Income -$163.0M, EPS $-4.83. Year 2022: Revenue $148.6M, Net Income -$46.8M, EPS $-0.94. Year 2023: Revenue $202.1M, Net Income -$74.4M, EPS $-1.33. Year 2024: Revenue $266.3M, Net Income -$74.4M, EPS $-1.33. Year 2025: Revenue $297.2M, Net Income -$61.7M, EPS $-1.08.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Evolus, Inc.'s revenue has grown significantly by 198% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.08 indicates the company is currently unprofitable.

EOLS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-14.2%
Free cash flow / Revenue

EOLS Quarterly Earnings & Performance

Quarterly financial performance data for Evolus, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $68.5M -$10.7M $-0.16
Q3 2025 $61.1M -$11.4M $-0.24
Q2 2025 $66.9M -$11.4M $-0.18
Q1 2025 $59.3M -$13.1M $-0.22
Q3 2024 $50.0M -$11.4M $-0.30
Q2 2024 $49.3M -$11.4M $-0.18
Q1 2024 $41.7M -$13.1M $-0.22
Q3 2023 $33.9M -$14.8M $-0.30

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Evolus, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$10.0M
Cash generated from operations
Capital Expenditures
$415.0K
Investment in assets
Dividends
None
No dividend program

EOLS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Evolus, Inc. (CIK: 0001570562)

📋 Recent SEC Filings

Date Form Document Action
May 4, 2026 10-Q eols-20260331.htm View →
May 4, 2026 8-K eols-20260504.htm View →
Apr 29, 2026 DEF 14A eols-20260429.htm View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774048743.xml View →
Mar 20, 2026 4 xslF345X06/wk-form4_1774048737.xml View →

Frequently Asked Questions about EOLS

What is the AI rating for EOLS?

Evolus, Inc. (EOLS) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 88% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are EOLS's key strengths?

Claude: Revenue growth of 11.6% YoY indicates sustained market demand for products. Gross margin of 66.9% demonstrates strong product-level unit economics and pricing power. ChatGPT: Revenue grew 11.6% year over year, indicating continued commercial demand. Gross margin of 66.3% shows strong underlying product economics.

What are the risks of investing in EOLS?

Claude: Negative stockholders' equity (-$28.8M) indicates technical insolvency and liabilities exceed total assets. Debt burden of $156.4M with only $49.8M cash and negative operating cash flow creates imminent refinancing risk. ChatGPT: Operating margin of -11.0% and net margin of -17.4% show the company is still structurally unprofitable. Negative operating cash flow and free cash flow indicate growth is not yet self-funding.

What is EOLS's revenue and growth?

Evolus, Inc. reported revenue of $73.1M.

Does EOLS pay dividends?

Evolus, Inc. does not currently pay dividends.

Where can I find EOLS SEC filings?

Official SEC filings for Evolus, Inc. (CIK: 0001570562) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is EOLS's EPS?

Evolus, Inc. has a diluted EPS of $-0.16.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is EOLS a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Evolus, Inc. has a SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is EOLS stock overvalued or undervalued?

Valuation metrics for EOLS: ROE of N/A (sector avg: 15%), net margin of -14.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy EOLS stock in 2026?

Our dual AI analysis gives Evolus, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is EOLS's free cash flow?

Evolus, Inc.'s operating cash flow is $-10.0M, with capital expenditures of $415.0K. FCF margin is -14.2%.

How does EOLS compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin -14.6% (avg: 12%), ROE N/A (avg: 15%), current ratio 2.04 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI