Olaplex Holdings, Inc. (NASDAQ: OLXP) has reported its financial results for the fourth quarter and fiscal year ended December 31, 2025. In the fourth quarter of 2025, net sales increased by 4.3% to $105.1 million, with varying performance across different sales channels. Specialty retail saw a decrease of 14.5% to $24.7 million, while professional sales increased by 18.9% to $36.8 million, and direct-to-consumer sales grew by 6.6% to $43.6 million. Internationally, net sales rose by 7.6%, while in the United States, they increased by 0.8%.
However, the net loss for the fourth quarter of 2025 was $13.1 million, compared to $8.8 million for the same period in 2024. The diluted net loss per share was reported at $(0.02), in contrast to $(0.01) for the fourth quarter of 2024.
Looking at the full fiscal year 2025 compared to 2024, net sales increased marginally by 0.1% to $423.0 million. Once again, there were disparities in performance across sales channels. Specialty retail decreased by 8.3% to $130.4 million, professional sales increased by 5.5% to $153.3 million, and direct-to-consumer sales grew by 3.1% to $139.3 million. However, the company reported a net loss of $9.3 million for 2025, in contrast to a net income of $19.5 million for 2024. The diluted net (loss) income per share was $(0.01), as compared to $0.03 for 2024.
The financial metrics for the three months ended December 31, 2025, show a 4.3% increase in net sales, a 7.0% increase in gross profit, a 23.1% increase in SG&A, and a 48.9% increase in net loss, compared to the same period in 2024. Similarly, for the fiscal year 2025, there was a 0.1% increase in net sales, a 0.5% increase in gross profit, a 33.8% increase in SG&A, and a 147.4% decrease in net income, compared to 2024.
Adjusted metrics also reveal notable changes. The adjusted net income for the three months ended December 31, 2025, decreased by 27.1% to $5.56 million, and the adjusted EBITDA decreased by 26.5% to $12.86 million, compared to the same period in 2024. For the fiscal year 2025, the adjusted net income decreased by 32.1% to $51.38 million, and the adjusted EBITDA decreased by 27.6% to $93.87 million, compared to 2024.
These figures indicate a mixed performance for Olaplex Holdings, Inc. in 2025, with both positive and negative changes in key financial metrics compared to the previous year. Following these announcements, the company's shares moved -0.61%, and are now trading at a price of $1.64. If you want to know more, read the company's complete 8-K report here.
