Olaplex Holdings, Inc. (NASDAQ: OLPX) announced financial results for the second quarter of 2025. Net sales increased by 2.3% to $106.3 million compared to the same period in 2024. Specialty Retail saw a decrease of 16.7%, while Professional and Direct-To-Consumer channels increased by 12.1% and 12.8% respectively.

For the six months ending June 30, 2025, net sales were $203.3 million, a slight increase from the previous year. Gross profit margin was 70.3%, showing a decrease from 2024. Adjusted EBITDA margin was 24.7%, down from 33.3% in 2024. Diluted EPS was ($0.01), compared to $0.02 in 2024.

As of June 30, 2025, Olaplex had $289.3 million in cash and cash equivalents and $78.3 million in inventory. Long-term debt was $351.9 million, down from $643.7 million in December 2024. The company voluntarily repaid $300.0 million of debt on May 1, 2025.

Olaplex reaffirmed its fiscal year 2025 guidance for net sales, adjusted gross profit margin, and adjusted EBITDA margin. The company expects a high single-digit decline in net sales for the third quarter and a high single-digit increase in the fourth quarter compared to the prior year. Management remains focused on innovation and growth strategies.

Adjusted EBITDA, adjusted gross profit margin, and adjusted SG&A are non-GAAP financial measures used by Olaplex. These metrics provide additional insight into the company’s operating performance and are used for internal comparisons. The company believes these measures aid investors in evaluating its financial health and performance.

Read more at GlobeNewswire: OLAPLEX Reports Second Quarter 2025 Results