E.l.f. Beauty, Inc. income statement
In fiscal 2026, E.l.f. Beauty, Inc. reported revenue of $1.64bn, up 24.6% on the year before, operating income of $73.6m (a 4.5% margin) and net income of $26.3m, or $0.44 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2014 | 2016Dec 2015 | 2017Dec 2016 | 2018Dec 2017 | 2019Dec 2018 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 135 | 191 | 230 | 270 | 267 | 283 | 318 | 392 | 579 | 1,024 | 1,314 | 1,636 | 1,762 |
| Cost of revenue | 74 | 91 | 97 | 105 | 105 | 102 | 112 | 140 | 188 | 300 | 378 | 479 | 450 |
| Gross profit | 61 | 100 | 132 | 165 | 163 | 181 | 206 | 252 | 390 | 724 | 936 | 1,157 | 1,312 |
| Selling, general and administrative | 56 | 75 | 109 | 131 | 137 | 157 | 194 | 222 | 322 | 574 | 778 | 1,026 | 1,111 |
| Operating income | 5 | 26 | 23 | 33 | 26 | 30 | 9 | 30 | 68 | 150 | 158 | 74 | 127 |
| Net interest income | −12 | −13 | −16 | −9 | −8 | −6 | −4 | −2 | −2 | −7 | — | — | — |
| Income before tax | −13 | 9 | 10 | 22 | 18 | 24 | 4 | 25 | 64 | 141 | 145 | 40 | 84 |
| Income tax | −4 | 4 | 4 | −11 | 2 | 6 | −3 | 4 | 3 | 13 | 33 | 14 | 24 |
| Net income | −9 | 4 | 5 | 33 | 16 | 18 | 6 | 22 | 62 | 128 | 112 | 26 | 60 |
| Diluted EPS | −$177.34 | −$389.95 | −$9.87 | $0.68 | $0.32 | $0.35 | $0.12 | $0.41 | $1.11 | $2.21 | $1.92 | $0.44 | $1.00 |
| Diluted shares (average) | — | 122m | 50m | 49m | 49m | 51m | 52m | 54m | 55m | 58m | 58m | 59m | 60m |
| EBITDA | 6 | 36 | 36 | 48 | 44 | 53 | 35 | 57 | 86 | 180 | 202 | 153 | 220 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 301 | 355 | 333 | 354 | 344 | 490 | 449 | 479 |
| Cost of revenue | 87 | 102 | 96 | 109 | 105 | 142 | 123 | 81 |
| Gross profit | 214 | 253 | 237 | 245 | 239 | 347 | 326 | 399 |
| Selling, general and administrative | 186 | 218 | 193 | 196 | 231 | 280 | 319 | 280 |
| Operating income | 28 | 35 | 44 | 49 | 8 | 68 | −50 | 102 |
| Income before tax | 28 | 26 | 44 | 51 | −4 | 54 | −61 | 94 |
| Income tax | 9 | 9 | 16 | 18 | −7 | 14 | −11 | 28 |
| Net income | 19 | 17 | 28 | 33 | 3 | 39 | −49 | 67 |
| Diluted EPS | $0.33 | $0.30 | $0.49 | $0.58 | $0.05 | $0.65 | −$0.82 | $1.12 |
| EBITDA | 38 | 47 | 58 | 62 | 26 | 89 | −24 | 129 |
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