Financials · ELF

e.l.f. Beauty Inc. (ELF) financials

For the twelve months ended Sep 30, 2026, e.l.f. Beauty Inc. reported $1.94B of revenue and $86.64M of net income.

Revenue, TTM
$1.94B
Revenue growth, YoY
+39.9%
Net income, TTM
$86.64M
Net income growth, YoY
+5.9%
Net margin
4.5%
Free cash flow, TTM
$275.69M
EPS, diluted, TTM
$1.45
EPS growth, YoY
+2.1%
Cash
$350.80M
Total debt
$794.65M
P/E
74.82
P/S
3.34
Market cap
$6.48B
Annual revenue$1.64B
FY2016FY2026
Annual net income$26.32M
FY2016FY2026
Annual free cash flow$190.06M
FY2016FY2026

ELF revenue and earnings growth

ELF revenueQ2 2027$520.82M

Quarter YoY
+51.4%
QoQ
+8.6%
FY YoY
+24.6%
5Y CAGR
+38.8%

ELF revenue was $520.82M in fiscal Q2 2027 (ended Sep 30, 2026), up 51.4% from a year earlier and up 8.6% from the prior quarter. For the full fiscal 2026 it was $1.64B, up 24.6% from fiscal 2025. Compound annual growth was +38.8% over 5 years. It rose in each of the last 6 fiscal years. Fiscal 2026 is the highest of the 11 fiscal years on file.

ELF net incomeQ2 2027$30.03M

Quarter YoY
+902.3%
QoQ
-54.9%
FY YoY
-76.5%
5Y CAGR
+33.4%

ELF net income was $30.03M in fiscal Q2 2027 (ended Sep 30, 2026), up 902.3% from a year earlier and down 54.9% from the prior quarter. For the full fiscal 2026 it was $26.32M, down 76.5% from fiscal 2025. Compound annual growth was +33.4% over 5 years. It rose in 3 of the last 6 fiscal years.

ELF EPSQ2 2027$0.50

Quarter YoY
+900.0%
QoQ
-55.4%
FY YoY
-77.1%
5Y CAGR
+29.7%

ELF diluted EPS was $0.50 in fiscal Q2 2027 (ended Sep 30, 2026), up 900.0% from a year earlier and down 55.4% from the prior quarter. For the full fiscal 2026 it was $0.44, down 77.1% from fiscal 2025. Compound annual growth was +29.7% over 5 years.

ELF free cash flowQ2 2027$12.10M

Quarter YoY
-27.0%
QoQ
-89.0%
FY YoY
+64.8%
5Y CAGR
+52.6%

ELF free cash flow was $12.10M in fiscal Q2 2027 (ended Sep 30, 2026), down 27.0% from a year earlier and down 89.0% from the prior quarter. For the full fiscal 2026 it was $190.06M, up 64.8% from fiscal 2025. Compound annual growth was +52.6% over 5 years. It rose in 3 of the last 6 fiscal years. Fiscal 2026 is the highest of the 11 fiscal years on file.

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Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$1.64B$1.31B$1.02B$578.84M$392.15M$318.11M$282.85M$267.44M$269.89M$229.57M
Cost of revenue$479.13M$377.83M$299.84M$188.45M$140.42M$111.91M$101.73M$104.69M$105.16M$97.33M
Gross profit$1.16B$935.69M$724.10M$390.40M$251.73M$206.20M$181.12M$162.74M$164.72M$132.24M
Selling, general and admin$1.03B$777.66M$574.42M$322.25M$221.91M$194.16M$157.16M$136.58M$131.45M$109.16M
Operating income$73.63M$158.03M$149.68M$68.14M$29.77M$9.40M$29.95M$26.16M$33.28M$23.08M
Pre-tax income$40.46M$145.50M$140.99M$64.07M$25.43M$3.69M$24.07M$17.96M$22.47M$9.81M
Income tax$14.14M$33.41M$13.33M$2.54M$3.66M-$2.54M$6.18M$2.43M-$11.01M$4.50M
Net income$26.32M$112.09M$127.66M$61.53M$21.77M$6.23M$17.88M$15.53M$33.48M$5.31M
EPS, basic$0.45$1.99$2.33$1.17$0.43$0.13$0.37$0.33$0.74-$39.47
EPS, diluted$0.44$1.92$2.21$1.11$0.41$0.12$0.35$0.32$0.68-$39.47
Diluted shares59.4M58.3M57.8M55.3M53.7M52.0M50.8M49.3M49.4M12.6M

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$289.69M$148.69M$108.18M$120.78M$43.35M$57.77M$46.17M$51.20M$10.06M$15.29M
Receivables$174.64M$126.01M$123.80M$67.93M$45.57M$40.19M$29.72M$36.72M$44.63M$37.83M
Inventory$220.25M$187.17M$191.49M$81.32M$84.50M$56.81M$46.21M$46.34M$62.68M$69.40M
Current assets$789.37M$540.56M$477.08M$303.32M$193.03M$170.14M$132.36M$141.74M$123.64M$124.90M
Goodwill$853.48M$340.58M$340.60M$171.62M$171.62M$171.62M$171.32M$157.26M$157.26M$157.26M
Total assets$2.39B$1.25B$1.13B$595.60M$494.63M$487.39M$453.10M$435.86M$417.24M$414.73M
Current liabilities$336.16M$177.06M$299.12M$107.98M$65.02M$73.33M$51.12M$43.02M$51.36M$80.27M
Long-term debt$809.35M$256.68M$161.82M$60.88M$91.08M$110.25M$126.09M$140.52M$147.70M$156.18M
Total debt$809.35M$256.68M$161.82M$60.88M$91.08M$110.25M$126.09M$140.52M$147.70M$156.18M
Total liabilities$1.26B$487.32M$486.68M$184.58M$182.20M$217.75M$210.93M$206.53M$223.38M$273.87M
Shareholders' equity$1.13B$760.86M$642.57M$411.02M$312.43M$269.65M$242.17M$229.33M$193.86M$140.86M

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$212.51M$133.84M$71.15M$101.88M$19.51M$29.48M$44.31M$55.58M$12.38M$2.12M
Capital expenditures$22.45M$18.52M$8.66M$1.72M$4.82M$6.47M$9.42M$8.87M$7.54M$9.22M
Free cash flow$190.06M$115.32M$62.49M$100.16M$14.70M$23.00M$34.89M$46.71M$4.83M-$7.10M
Investing cash flow-$605.25M-$19.10M-$284.66M-$1.72M-$4.82M-$6.47M-$35.34M-$8.87M-$10.42M-$9.14M
Financing cash flow$533.92M-$74.45M$200.94M-$22.73M-$29.11M-$11.40M-$16.68M-$5.56M-$7.20M$8.31M
Share repurchases$49.99M$67.06M$0$0$0$0$7.90M$0$0-
Stock-based compensation$86.92M$71.79M$40.63M$29.12M$19.65M$19.68M$15.49M$16.82M$13.47M$7.15M
Depreciation and amortization$79.36M$44.12M$30.17M$17.60M$27.08M$25.18M$22.84M$17.86M$14.52M$13.15M

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY24.6%28.3%76.9%47.6%23.3%12.5%--0.9%17.6%19.9%
Net income growth, YoY-76.5%-12.2%107.5%182.6%249.3%-65.2%--53.6%530.1%21.9%
EPS growth, YoY-77.1%-13.1%99.1%170.7%241.7%-65.7%--52.9%--
Gross margin70.7%71.2%70.7%67.4%64.2%64.8%64.0%60.9%61.0%57.6%
Operating margin4.5%12.0%14.6%11.8%7.6%3.0%10.6%9.8%12.3%10.1%
Net margin1.6%8.5%12.5%10.6%5.6%2.0%6.3%5.8%12.4%2.3%
Free cash flow margin11.6%8.8%6.1%17.3%3.7%7.2%12.3%17.5%1.8%-3.1%
Return on equity2.3%14.7%19.9%15.0%7.0%2.3%7.4%6.8%17.3%3.8%
Return on assets1.1%9.0%11.3%10.3%4.4%1.3%3.9%3.6%8.0%1.3%
Current ratio2.353.051.592.812.972.322.593.302.411.56
Debt to equity0.720.340.250.150.290.410.520.610.761.11

Source: XBRL data e.l.f. Beauty Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ELF peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ELF$1.94B+39.9%$86.64M4.5%$6.48B
PG$87.92B+3.5%$16.03B18.2%$387.30B
UL€50.50B-3.8%€9.47B18.7%$145.87B
ECL$17.37B+9.3%$2.08B12.0%$85.78B
CL$21.28B+5.9%$2.05B9.6%$78.45B
HLN£11.03B-1.8%£1.67B15.1%$40.24B
EL$15.28B+5.8%$368.00M2.4%$39.00B
KVUE$15.53B+3.5%$1.69B10.9%$37.57B
CHD$6.25B+1.7%$774.80M12.4%$26.28B

ELF FAQ

9 questions
  • What is ELF revenue?
    e.l.f. Beauty Inc. (ELF) reported $1.94B of revenue for the twelve months ended Sep 30, 2026. That is up 39.9% from the year before. Revenue for fiscal 2026 was $1.64B.
  • Is ELF profitable?
    Yes. e.l.f. Beauty Inc. earned $86.64M in net income for the twelve months ended Sep 30, 2026, a net margin of 4.5%.
  • How much cash and debt does ELF have?
    e.l.f. Beauty Inc. reported $350.80M in cash and cash equivalents and $794.65M of debt on its most recent balance sheet in SEC filings.
  • How fast is ELF revenue growing?
    e.l.f. Beauty Inc.'s revenue changed +24.6% in fiscal 2026, to $1.64B. Its compound annual growth rate was +38.8% over 5 years.
  • What is ELF gross margin?
    e.l.f. Beauty Inc.'s gross profit was $1.44B on $1.94B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 74.4%.
  • What is ELF free cash flow?
    e.l.f. Beauty Inc. generated $275.69M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $288.17M less capital expenditures.
  • What is ELF earnings per share?
    Diluted earnings per share were $1.45 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did ELF last report financial results?
    The latest statements here come from e.l.f. Beauty Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
  • Where does this ELF financial data come from?
    Quantisnow builds these statements from the structured XBRL data e.l.f. Beauty Inc. files with the SEC. It is provided for information only and is not investment advice.