Olaplex Holdings Inc. (OLPX) financial statements: income statement, balance sheet and cash flow
Olaplex Holdings Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Olaplex Holdings Inc. reported revenue of $423.0M (+0.1% year on year).
Income statement
Olaplex Holdings Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net sales
$423.0M
$422.7M
$458.3M
$704.3M
Cost of product (excluding amortization)
$119.3M
$121.0M
$131.3M
$177.2M
Amortization of patented formulations
$10.0M
$9.3M
$8.3M
$7.5M
Total cost of sales
$129.3M
$130.4M
$139.7M
$184.7M
Gross profit
$293.6M
$292.3M
$318.6M
$519.6M
Selling, general, and administrative
$243.1M
$181.7M
$168.9M
$113.9M
Amortization of other intangible assets
$43.6M
$43.7M
$41.5M
$41.3M
Total operating expenses
$286.7M
$225.4M
$210.4M
$155.2M
Operating income
$7.0M
$66.9M
$108.2M
$364.4M
Interest expense
$41.3M
$59.6M
($58.0M)
—
Interest income
($14.8M)
($25.4M)
$18.8M
—
Tax Receivable Agreement liability adjustment
($12.1M)
$3.9M
$7.4M
$3.1M
Other (income) expense, net
($1.3M)
$1.9M
$220.0K
($18.0M)
Total other (income) expense, net
($13.4M)
$5.8M
$7.6M
—
(Loss) income before provision for income taxes
($6.2M)
$26.9M
$76.7M
$305.2M
Income tax provision
$3.1M
$7.4M
$15.1M
$61.2M
Net (loss) income
($9.3M)
$19.5M
$61.6M
$244.1M
Net (loss) income per share: Basic (in usd per share)
-$0.01
$0.03
$0.09
$0.38
Net (loss) income per share: Diluted (in usd per share)
-$0.01
$0.03
$0.09
$0.35
Weighted average common shares outstanding: Basic (in shares)
666.5M
662.0M
654.6M
649.1M
Weighted average common shares outstanding: Diluted (in shares)
666.5M
665.4M
677.6M
691.0M
Unrealized gain (loss) on derivatives, net of income tax effect
$428.0K
($2.1M)
—
—
Total other comprehensive income (loss)
$428.0K
—
—
—
Comprehensive (loss) income
($8.8M)
$17.4M
$60.4M
$246.6M
Olaplex Holdings Inc. income statement, quarters
Line item
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Mar 31, 2025 · Q1
Net sales
$99.4M
$114.6M
$106.3M
$97.0M
Cost of product (excluding amortization)
$25.3M
$32.7M
$28.5M
$27.2M
Amortization of patented formulations
$2.4M
$2.7M
$2.2M
$2.4M
Total cost of sales
$27.7M
$35.4M
$30.6M
$29.6M
Gross profit
$71.7M
$79.2M
$75.6M
$67.4M
Selling, general, and administrative
$66.0M
$64.1M
$65.9M
$48.0M
Amortization of other intangible assets
$10.8M
$10.9M
$10.9M
$10.9M
Total operating expenses
$76.8M
$75.0M
$76.8M
$58.9M
Operating (loss) income
($5.1M)
$4.2M
($1.2M)
$8.5M
Interest expense
$7.1M
$7.7M
$12.4M
$13.7M
Interest income
($2.7M)
($2.7M)
($3.5M)
($6.0M)
Other expense (income), net
$142.0K
($66.0K)
($987.0K)
($178.0K)
(Loss) Income before provision for income taxes
($9.7M)
$8.7M
($9.1M)
$881.0K
Income tax (benefit) provision
($4.4M)
($2.4M)
($1.3M)
$416.0K
Net (loss) income
($5.3M)
$11.1M
($7.7M)
$465.0K
Basic (in usd per share)
-$0.01
$0.02
-$0.01
$0.00
Diluted (in usd per share)
-$0.01
$0.02
-$0.01
$0.00
Basic (shares)
669.9M
667.1M
666.0M
664.7M
Diluted (shares)
669.9M
668.9M
666.0M
666.5M
Unrealized gain on derivatives, net of income tax effect
$139.0K
$139.0K
$121.0K
$17.0K
Total other comprehensive income
$139.0K
$139.0K
—
—
Comprehensive (loss) income
($5.1M)
$11.3M
($7.6M)
$482.0K
Balance sheet
Olaplex Holdings Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$318.7M
$586.0M
$466.4M
$322.8M
Accounts receivable, net of allowances of $18,123 and $15,859
$29.0M
$14.9M
$40.9M
$46.2M
Inventory
$60.2M
$75.2M
$95.9M
$144.4M
Prepaid expenses and other current assets
$62.4M
$13.6M
—
—
Total current assets
$470.3M
$689.7M
$613.2M
$522.2M
Property and equipment, net
$1.4M
$1.4M
$930.0K
$1.0M
Intangible assets, net
$847.8M
$899.5M
$947.7M
$995.0M
Goodwill
$168.3M
$168.3M
$168.3M
$168.3M
Deferred tax assets
$46.0K
—
—
$0
Other assets
$9.6M
$8.7M
$10.2M
$11.1M
Total assets
$1.5B
$1.8B
$1.7B
$1.7B
Accounts payable
$8.1M
$10.4M
$7.1M
$9.7M
Accrued expenses and other current liabilities
$85.3M
$35.6M
$20.6M
$17.1M
Current portion of long-term debt
$0
$6.8M
$6.8M
$8.4M
Current portion of Related Party payable pursuant to Tax Receivable Agreement
$9.2M
$11.8M
$12.7M
$16.4M
Total current liabilities
$102.6M
$64.7M
$56.1M
$55.1M
Long-term debt
$352.3M
$643.7M
$649.0M
$654.3M
Deferred tax liabilities
$5.3M
$5.2M
$3.0M
$1.6M
Related Party payable pursuant to Tax Receivable Agreement
$155.9M
$177.5M
$185.5M
$205.7M
Other liabilities
$2.0M
$2.3M
$1.7M
—
Total liabilities
$618.1M
$893.3M
$895.4M
$916.7M
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 669,076,651 and 664,224,893 shares issued and outstanding as of December 31, 2025 and 2024, respectively
$669000.00
$664000.00
$671000.00
$649000.00
Preferred stock, $0.001 par value per share; 25,000,000 shares authorized and no shares issued and outstanding as of December 31, 2025 and 2024, respectively
$0.00
$0.00
$0.00
$0.00
Additional paid-in capital
$342.3M
$328.5M
$316.5M
$312.9M
Accumulated other comprehensive loss
($337.0K)
($765.0K)
$1.4M
$2.6M
Retained earnings
$536.7M
$546.0M
$526.4M
$464.9M
Total stockholders’ equity
$879.4M
$874.4M
$845.0M
$781.0M
Total liabilities and stockholders’ equity
$1.5B
$1.8B
$1.7B
$1.7B
Olaplex Holdings Inc. balance sheet, quarters
Line item
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Mar 31, 2025
Cash and cash equivalents
$326.2M
$286.4M
$289.3M
$580.9M
Accounts receivable, net of allowances of $14,503 and $18,123
$37.5M
$49.7M
$32.6M
$23.8M
Inventory
$66.4M
$73.3M
$78.3M
$79.2M
Prepaid expenses and other current assets
$16.2M
$63.9M
$62.4M
$20.0M
Total current assets
$446.3M
$473.2M
$462.7M
$703.9M
Property and equipment, net
$1.5M
$1.4M
$1.4M
$1.5M
Intangible assets, net
$834.9M
$860.8M
$873.8M
$886.8M
Goodwill
$168.3M
$168.3M
$168.3M
$168.3M
Deferred tax assets
$0
$822.0K
—
—
Other assets
$9.3M
$9.7M
$10.7M
$10.5M
Total assets
$1.5B
$1.5B
$1.5B
$1.8B
Accounts payable
$29.2M
$23.5M
$25.1M
$24.3M
Accrued expenses and other current liabilities
$32.8M
$80.1M
$82.9M
$22.6M
Current portion of Related Party payable pursuant to Tax Receivable Agreement
$9.2M
$10.1M
$11.9M
$11.8M
Total current liabilities
$71.1M
$113.7M
$119.9M
$65.6M
Long-term debt
$352.5M
$352.1M
$351.9M
$642.4M
Deferred tax liabilities
$929.0K
$0
$3.4M
$5.1M
Related Party payable pursuant to Tax Receivable Agreement
$155.9M
$157.6M
$165.2M
$177.5M
Other liabilities
$1.8M
$2.1M
$2.3M
$2.1M
Total liabilities
$582.2M
$625.5M
$642.8M
$892.6M
Common stock, $0.001 par value per share; 2,000,000,000 shares authorized, 671,711,593 and 669,076,651 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively
$672000.00
$667000.00
$666000.00
$666000.00
Preferred stock, $0.001 par value per share; 25,000,000 shares authorized and no shares issued and outstanding
$0.00
$0.00
$0.00
$0.00
Additional paid-in capital
$346.1M
$338.8M
$335.4M
$332.0M
Accumulated other comprehensive loss
($198.0K)
($488.0K)
($627.0K)
($748.0K)
Retained earnings
$531.4M
$549.8M
$538.7M
$546.4M
Total stockholders’ equity
$878.0M
$888.7M
$874.2M
$878.3M
Total liabilities and stockholders’ equity
$1.5B
$1.5B
$1.5B
$1.8B
Cash flow statement
Olaplex Holdings Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net (loss) income
($9.3M)
$19.5M
$61.6M
$244.1M
Amortization of patent formulations
$10.0M
$9.3M
$8.3M
$7.5M
Amortization of other intangibles
$43.6M
$43.7M
$41.5M
$41.3M
Inventory write-off and disposal
$5.6M
$7.8M
$15.2M
$8.2M
Depreciation of property and equipment
$345.0K
$486.0K
$479.0K
$363.0K
Amortization of debt issuance costs
$3.9M
$1.8M
$1.8M
$1.5M
Deferred taxes
$1.3M
$2.8M
$1.8M
$9.2M
Tax Receivable Agreement liability adjustment
($12.1M)
$3.9M
($7.4M)
($3.1M)
Share-based compensation expense
$13.3M
$11.1M
$9.1M
$7.3M
Acquisition-related costs in investing activities
$9.3M
—
—
—
Other
$1.7M
$3.5M
$1.1M
$412.0K
Accounts receivable, net
($14.5M)
$24.1M
$5.3M
($5.4M)
Inventory
$8.5M
$14.0M
$34.6M
($52.6M)
Prepaid expenses and other current assets
($48.8M)
$1.5M
—
—
Accounts payable
($2.1M)
$3.1M
($2.7M)
($9.4M)
Accrued expenses and other current liabilities
$50.3M
($1.5M)
$8.7M
($7.3M)
Other assets and liabilities
($2.4M)
($2.3M)
($467.0K)
($6.2M)
Net cash provided by operating activities
$58.7M
$143.1M
$177.5M
$255.3M
Purchase of property and equipment
($331.0K)
($1.1M)
($375.0K)
($650.0K)
Acquisition-related costs
($10.6M)
—
—
—
Purchase of intangible assets
$0
$0
($500.0K)
—
Purchase and development of software
($1.6M)
($3.8M)
($2.7M)
($2.0M)
Net cash used in investing activities
($12.6M)
($4.9M)
($3.6M)
($2.7M)
Proceeds from exercise of stock options
$527.0K
$919.0K
$5.0M
$1.9M
Principal payments of 2022 Term Loan Facility
($301.7M)
($6.8M)
($8.4M)
($780.4M)
Payment related to shares withheld to cover tax withholding obligations for options and for SARs
0
0
-10.4M
-774.0K
Payments made pursuant to Tax Receivable Agreement
($12.1M)
($12.8M)
—
—
Net cash used in financing activities
($313.3M)
($18.6M)
($30.3M)
($116.2M)
Net (decrease) increase in cash and cash equivalents
($267.2M)
$119.6M
$143.6M
$136.4M
Cash and cash equivalents - beginning of year
$586.0M
$466.4M
$322.8M
$186.4M
Cash and cash equivalents - end of year
$318.7M
$586.0M
—
—
Cash (refunded) paid for income taxes, net
($91.0K)
—
—
—
Cash paid during the year for interest
$34.3M
$59.9M
$59.6M
$41.2M
Noncash exercise of stock options
$0
$0
$13.7M
—
Right-of-use assets obtained in exchange for new operating lease liabilities
$53.0K
$742.0K
$2.1M
—
Purchases of software not yet paid
$19.0K
$751.0K
—
—
Olaplex Holdings Inc. cash flow statement, quarters
Line item
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Mar 31, 2025 · Q1
Net (loss) income
($5.3M)
$3.9M
($7.3M)
$465.0K
Amortization of patent formulations
$2.4M
$7.3M
$4.6M
$2.4M
Amortization of other intangibles
$10.8M
$32.7M
$21.8M
$10.9M
Inventory write-off and disposal
$203.0K
$3.5M
$2.8M
$1.1M
Depreciation of fixed assets
$82.0K
$268.0K
$179.0K
$87.0K
Amortization of debt issuance costs
$287.0K
$3.6M
$3.3M
$453.0K
Deferred taxes
($4.4M)
($4.7M)
($1.4M)
($95.0K)
Share-based compensation expense
$3.5M
$9.7M
$6.4M
$2.9M
Other
$606.0K
$877.0K
$641.0K
$309.0K
Accounts receivable, net
($8.8M)
($34.7M)
($17.7M)
($8.9M)
Inventory
($6.5M)
($2.0M)
($6.0M)
($5.2M)
Prepaid expenses and other current assets
$46.2M
($50.3M)
($49.2M)
($6.3M)
Accounts payable
$21.0M
$13.2M
$14.7M
$13.8M
Accrued expenses and other current liabilities
($52.5M)
$45.0M
$47.9M
($12.5M)
Other assets and liabilities
($260.0K)
($2.2M)
($2.7M)
($2.3M)
Net cash provided by (used in) operating activities
$7.5M
$26.0M
$18.0M
($2.9M)
Purchase of property and equipment
($146.0K)
($222.0K)
($151.0K)
($48.0K)
Purchase and development of software
($142.0K)
($1.5M)
($1.2M)
($948.0K)
Net cash used in investing activities
($288.0K)
($12.3M)
($1.3M)
($996.0K)
Proceeds from exercise of stock options
$227.0K
$527.0K
$527.0K
$527.0K
Principal payments of 2022 Term Loan Facility
$0
($301.7M)
($301.7M)
($1.7M)
Net cash provided by (used in) financing activities
$227.0K
($313.3M)
($313.3M)
($1.2M)
Net increase (decrease) in cash and cash equivalents