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

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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:OperatingIncomeLoss.

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
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)
Net income$66,599$33,311

Item 1. Financial statements (unaudited)

FAQ

What is e.l.f. Beauty's business segments — operating income?
e.l.f. Beauty (ELF) reported business segments — operating income of $102.44M in Q2 2026.
How has e.l.f. Beauty's business segments — operating income changed year-over-year?
e.l.f. Beauty's business segments — operating income increased by 110.3% year-over-year, from $48.71M to $102.44M.
What is the long-term trend for e.l.f. Beauty's business segments — operating income?
Over 2 years (2023 to 2025), e.l.f. Beauty's business segments — operating income has grown at a 52.3% compound annual growth rate (CAGR), from $68.14M to $158.03M.
What does business segments — operating income mean?
Derived by subtracting operating expenses from gross profit, this metric measures the profitability of the segment's core business activities. It is a critical indicator of the segment's ability to generate earnings from its primary operations.

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