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e.l.f. Beauty ELF Business Segments — Operating Expenses

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Other financials

Income statement

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Revenue$479.4M+35.5%
Gross profit$398.8M+63.1%
Operating income$102.4M+110%
Net income$66.6M+99.9%
EPS (diluted)$1.12+93.1%

Balance sheet

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Cash & equivalents$344.2M+102%
Total debt$959.3M+205%
Total equity$1.2B+45.2%
Total assets$2.5B+87.1%

Cash flow

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Operating cash flow$111.7M+310%
CapEx$1.4M-79.8%
Free cash flow$110.2M+447%

Valuation

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Market cap$5.44B-13.1%
Enterprise value$6.06B-5.5%
P/E91.3×+27.3×
P/S3.1×-1.6×

Profitability

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Gross margin74.4%+3.8pp
Operating margin11.1%+1.0pp
Net margin3.4%-3.9pp
FCF margin15.9%+5.8pp

Returns & leverage

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Return on equity6%-6.9pp
Debt / equity0.8×+0.4×
Current ratio2.5×-0.7×

Where this comes from

Reported directly by e.l.f. Beauty in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: e.l.f. Beauty’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001600033-26-000040
Line itemThree months ended June 30, 20262025
Marketing, merchandising and distribution costs171,745121,822
Compensation and benefits54,98536,408
Other operating costs(1)69,66937,602
Segment expenses296,399195,832
Operating income102,44148,709
Other (expense) income, net(331)5,037
Interest expense, net(7,808)(2,632)
Income tax expense(27,703)(17,803)

Item 1. Financial statements (unaudited)

FAQ

What is e.l.f. Beauty's business segments — operating expenses?
e.l.f. Beauty (ELF) reported business segments — operating expenses of $296.4M in Q2 2026.
How has e.l.f. Beauty's business segments — operating expenses changed year-over-year?
e.l.f. Beauty's business segments — operating expenses increased by 51.4% year-over-year, from $195.83M to $296.4M.
What is the long-term trend for e.l.f. Beauty's business segments — operating expenses?
Over 3 years (2023 to 2026), e.l.f. Beauty's business segments — operating expenses has grown at a 49.8% compound annual growth rate (CAGR), from $322.25M to $1.08B.
What does business segments — operating expenses mean?
The aggregate of all non-production costs incurred to operate the business segment, including selling, general, and administrative expenses. This metric is a key measure of the segment's overhead structure and operational discipline.

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