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Segment Reporting
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company conducts business as a single operating and reportable segment, focusing on the business of performance beauty by delivering breakthrough products to the cash-pay aesthetic market. Under this organizational structure, the Chief Executive Officer, serving as the CODM, assesses performance and manages the Company’s operations as one integrated business. The identification of a single operating and reportable segment is consistent with the management approach in that the CODM regularly reviews consolidated financial information for the purpose of assessing performance and allocating resources.
The CODM regularly reviews (i) net revenues, (ii) gross profit, (iii) operating profit or loss and (iv) net income or loss and uses net income or loss as the key measure of segment profit or loss when allocating resources and assessing performance. The CODM compares net income or loss in prior periods with that of the current period, evaluates actual results against budget and forecast, identifies relevant business factors and trends, and evaluates the achievements of the Company’s established strategic goals. In April 2025, the Company launched Evolysse® Form and Evolysse® Smooth in the United States; as such, segment product net revenue has been recast in connection with the launch of Evolysse®. The table below
presents selected financial information of the Company’s single reportable segment regularly provided to and reviewed by the CODM and a reconciliation of segment net loss to consolidated net loss as computed under U.S. GAAP:
Three Months Ended March 31,
20262025
Revenue:
Jeuveau®
$66,021 $68,074 
Evolysse®
6,726 — 
Total product revenue, net72,747 68,074 
Service revenue390 448 
Total net revenues73,137 68,522 
Less:
Cost of goods sold
24,240 21,867 
Gross profit48,897 46,655 
Less:
Research and development
2,240 2,212 
Selling, general and administrative
51,981 56,640 
Depreciation and amortization
1,538 824 
Interest income
(285)(710)
Interest expense
3,975 4,415 
Income tax expense
256 72 
Other segment items(1)
(134)2,094 
Segment net loss$(10,674)$(18,892)
Reconciliation of profit and loss (Segment net loss/profit):
Adjustments and reconciling items
— — 
Consolidated net loss$(10,674)$(18,892)
(1) Other segment items include revaluation of contingent royalty obligation payable to Evolus Founders and Other (income) expense, net.
Information of segment assets provided to the CODM is consistent with that reported in the accompanying condensed consolidated balance sheets with particular emphasis on the Company’s available liquidity and working capital, including its cash and cash equivalents, accounts receivables, inventory and current liabilities.