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Coty COTY Non-cash lease expense

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Other financials

Income statement

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Revenue$1.3B-1.3%
Gross profit$791.9M-4.9%
Operating income-$372.0M-32.7%
Net income-$408.1M-0.6%
EPS (diluted)-$0.470.0%

Balance sheet

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Cash & equivalents$270.2M+4.2%
Total debt$3.5B-16.4%
Total equity$3.1B-11.5%
Total assets$10.2B-10.8%

Cash flow

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Operating cash flow$559.7M+20.5%
CapEx$45.6M-0.7%
Free cash flow$513.1M+22.5%

Valuation

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Market cap$1.72B-62.9%
Enterprise value$4.92B-42.6%
P/S0.3×-0.5×

Profitability

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Gross margin63.2%-2.0pp
Operating margin-0.4%-4.7pp
Net margin-9.2%
FCF margin-6.6%

Returns & leverage

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Return on equity-16.2%
Debt / equity1.1×-0.1×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Coty in its filing.

Tagged under the XBRL concept coty:OperatingLeaseRightOfUseAssetAccumulatedDepreciation.

The official record: Coty’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Coty's non-cash lease expense?
Coty (COTY) reported non-cash lease expense of $15.3M in Q1 2026.
How has Coty's non-cash lease expense changed year-over-year?
Coty's non-cash lease expense increased by 3.4% year-over-year, from $14.8M to $15.3M.
What is the long-term trend for Coty's non-cash lease expense?
Over 4 years (2021 to 2025), Coty's non-cash lease expense has grown at a -6.4% compound annual growth rate (CAGR), from $81.2M to $62.3M.
What does non-cash lease expense mean?
Represents the non-cash expense recognized over the lease term for right-of-use assets under operating leases. This adjustment reconciles net income by adding back the accounting expense that does not involve an immediate cash outflow. It is essential for understanding the underlying cash-generating capability of operations independent of lease accounting standards.