Evolus, Inc. (EOLS) · Nov 4, 2026 · Earnings

Evolus earnings beat revenue expectations, but GAAP loss widens

In line — Revenue $78.0M vs ~$77.6M consensus; Adjusted EBITDA $1.2M

Evolus earnings show revenue slightly ahead of consensus, a fourth positive Adjusted EBITDA quarter, and lower 2026 operating-expense guidance despite ongoing GAAP losses.

Evolus is transitioning from a Jeuveau-led aesthetics company into a broader injectable platform, adding HA gels and future categories such as skin quality and hair-growth treatments. Its prior setup already included three consecutive quarters of positive Adjusted EBITDA and raised 2026 guidance, so this report mainly tests whether that operating transition is holding.

The quarter was operationally solid, but not a clean earnings beat. Revenue of $78.0 million was modestly above the published consensus of roughly $77.6 million, while GAAP EPS of $(0.19) was materially worse than the roughly $(0.05) consensus. The core operating picture was better than the GAAP loss suggests: Adjusted EBITDA turned positive at $1.2 million versus $(3.1) million a year earlier, marking the fourth consecutive positive quarter.

	Q3 2026	Q3 2025	Consensus
Total net revenue (Financial Highlights)	$78.0M (+13%)	$69.0M	~$77.6M
GAAP EPS (Income Statement)	$(0.19)	$(0.24)	~$(0.05)
Adjusted EBITDA (Adjusted EBITDA reconciliation)	$1.2M	$(3.1M)
Adjusted EBITDA margin (Adjusted EBITDA reconciliation)	1.5%	(4.5%)
Adjusted gross margin (Gross Profit reconciliation)	66.1%	67.6%
Non-GAAP operating expense (Operating Expense reconciliation)	$50.3M	$49.7M

Growth is becoming more diversified, though the margin mix is less favorable. Global toxin revenue reached $70.1 million, up approximately 11%, while HA gel revenue rose nearly 40% to $7.9 million. That supports the strategic shift beyond Jeuveau, but the faster-growing HA portfolio and related mix helped push adjusted gross margin down to 66.1% from 67.6%.

Management strengthened the near-term cost outlook without raising the growth outlook. Full-year revenue guidance remains $330 million to $337 million, and the low- to mid-single-digit Adjusted EBITDA-margin outlook remains intact. The meaningful change is non-GAAP operating-expense guidance, reduced to $210 million to $213 million from $212 million to $216 million. That is a modest execution improvement, not a reset of the growth story.

The balance sheet still limits how aggressively Evolus can invest. Cash declined to $41.7 million from $45.2 million at the end of June, while inventory rose sharply to $82.8 million from $27.0 million at year-end as the company pulled forward Jeuveau supply. Management cites approximately $120 million of additional non-dilutive capacity, but the business remains loss-making on a GAAP basis and carries $156.9 million of long-term debt.

Bottom line: Evolus is executing the commercial and profitability transition it had already promised, with revenue slightly ahead and costs better controlled. The weaker GAAP EPS and lower margin keep this closer to an in-line quarter than a decisive upside surprise, but the underlying business story remains modestly improved.

What to watch next

FDA decision on Evolysse Sculpt, expected by year-end 2026

Original filing on SEC EDGAR

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AllSight · BlackBerry Q2 FY27

Revenue $163.3M vs ~$144M expected; adjusted basic EPS $0.07 vs ~$0.04 consensus — a real upside surprise.Income statement
QNX revenue +27% to $80.3M; segment EBITDA $29.0M from $20.5M. “Record performance… core automotive.”Segment — QNX
Licensing jumped to $22.1M from $6.6M — it amplified the beat, but it's less recurring than QNX, so the quality sits in QNX.Segment — Licensing
FY27 guide lifted to $616–636M rev / $141–158M EBITDA, above the prior $594–621M / $119–139M framework.Guidance
QNX growth, margins, cash and a raised outlook all beat. But licensing amplified it and Secure Comms is flat — net retention 91% from 93%.Segment — Secure Comms

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Events/ANDE/8-K · Earnings

8-K · Item 2.02 · Earnings

The Andersons — a record Renewables quarter that beat profit expectations

Filed Aug 3, 2026ANDE · NASDAQ

AllSight readBeatPriced in▲ 1.8% since filed · reaction agrees

adj. EPS $2.15 vs ~$1.48 consensus

This filing tests whether The Andersons' sharp profit increase reflects broad operating improvement or a one-off renewable-fuels boost. It also separates strong adjusted earnings and cash generation from the quarter's legal and impairment charges.

The quarter was substantially stronger than both last year and the published earnings expectation. Adjusted EPS reached $2.15, versus $0.24 a year earlier and above the published consensus of about $1.48; reported EPS was $1.65. Adjusted EBITDA more than doubled to $140 million, while sales slipped modestly — the improvement came from margins and operating performance rather than higher revenue. Financial Highlights · Statements of Operations

Q2 ($M, exc. per-share)	Q2 2026	Q2 2025	YoY
Sales & merchandising revenue	3,097.7	3,135.9	−1%
Net income (attributable)	56.6	7.9	+48.7
Diluted EPS	1.65	0.23	+1.42
Adjusted EPS	2.15	0.24	+1.91
Adjusted EBITDA	140.3	65.2	+75.1
Agribusiness adj. pretax	20.3	16.8	+3.5
Renewables adj. pretax	88.4	9.6	+78.8
Cash from operations	487.9	299.3	+188.6
Cash from ops (pre-WC)	112.9	42.9	+70.1

Renewables drove nearly all of the upside — the operating backdrop was strong, but the result also benefited materially from tax credits. Renewables' adjusted pretax income rose to $88 million on record production, stronger ethanol margins and merchandising gains. It also received $24 million of 45Z producer tax credits, so this was not solely a repeatable plant-margin improvement; the company did cite healthy export and domestic ethanol demand as supportive. Renewables — Record Q2 · Segment Data

Agribusiness improved, but it was a supporting contributor rather than the main earnings engine. Adjusted pretax income increased to $20 million as fertilizer margins improved and merchandising benefited from commodity-price volatility, despite lower fertilizer volumes. Agribusiness — Improved Q2 · Segment Data

Cash generation improved and funding capacity is comfortable, while reported earnings still absorbed meaningful non-core costs. Operating cash flow was $488 million ($113 million before working-capital changes); capital spending was $76 million. Adjusted EPS excludes $0.50 of legal-settlement, impairment and transaction items, so the $2.15 adjusted result runs ahead of the $1.65 reported. Leverage stays below the <2.5× debt-to-EBITDA target; no new quantified full-year outlook was given. Cash & Liquidity · Adjusted Net Income

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Evolus earnings beat revenue expectations, but GAAP loss widens

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