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Mar 31

Olaplex Q1 2025 Earnings Report

Expected Revenue:$93.8M
-10.6% YoY
Expected EPS:$0.02
29.3% YoY

Key Takeaways

Olaplex reported a solid start to the year with first quarter net sales of $97.0 million, slightly ahead of expectations despite a 1.9% decrease year-over-year. Net income significantly decreased to $0.5 million compared to $7.7 million in the prior year, resulting in diluted EPS of $0.00. The company reiterated its full-year fiscal 2025 guidance.

Net sales for the first quarter of 2025 decreased 1.9% to $97.0 million.

Net income for the first quarter was $0.5 million, a significant decrease from $7.7 million in the prior year.

Diluted EPS was $0.00 for the first quarter, down from $0.01 in the same period last year.

The company reiterated its fiscal year 2025 guidance for net sales, adjusted gross profit margin, and adjusted EBITDA margin.

Total Revenue
$97M
Previous year: $98.9M
-1.9%
EPS
$0
Previous year: $0.03
-100.0%
Gross Profit Margin
69.5%
Previous year: 72.1%
-3.6%
Adjusted EBITDA Margin
26.5%
Previous year: 35.9%
-26.2%
Adjusted Gross Profit Margin
71.9%
Previous year: 74.3%
-3.2%
Gross Profit
$67.4M
Previous year: $73.5M
-8.4%
Cash and Equivalents
$581M
Previous year: $508M
+14.5%
Total Assets
$1.77B
Previous year: $1.75B
+1.0%

Olaplex

Olaplex

Olaplex Revenue by Segment

Forward Guidance

Olaplex reiterated its full-year fiscal 2025 guidance for net sales ($410 million - $431 million), adjusted gross profit margin (70.5% - 71.5%), and adjusted EBITDA margin (20% - 22%), incorporating planned strategic investments and the current consumer spending environment.

Positive Outlook

  • Reiterated full-year guidance for key financial metrics.
  • Includes planned investments in research and development.
  • Includes planned investments in marketing initiatives.
  • Includes planned investments in talent.
  • Focus on driving demand and strengthening execution capabilities.

Challenges Ahead

  • Guidance provided as a range, indicating potential variability.
  • Incorporates the current consumer spending environment.
  • Adjusted EBITDA Margin guidance (20-22%) is lower than FY2024 actual (30.7%).
  • Assumes no material impact from tariffs.
  • Second quarter expected to reflect a full quarter of incremental marketing investment.