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Sally Beauty SBH Operating Income

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Segments

By segment

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Sally Beauty Supply$78.15M+1.1%
Beauty Systems Group$47.37M+7.8%

Other financials

Income statement

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Revenue$903.4M+2.3%
Gross profit$475.8M+3.7%
Net income$42.7M+8.9%
EPS (diluted)$0.43+13.2%

Balance sheet

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Cash & equivalents$157.4M+70.8%
Total debt$1.5B-0.4%
Total equity$837.9M+19.7%
Total assets$2.9B+5.4%

Cash flow

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Operating cash flow$73.3M+43.5%
CapEx$29.2M+54.4%
Free cash flow$44.1M+37.1%

Valuation

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Market cap$1.51B+26.8%
Enterprise value$2.87B+10.8%
P/E8.2×+2.1×
P/S0.4×+0.1×

Profitability

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Gross margin51.9%+0.6pp
Operating margin8.2%-0.5pp
Net margin4.9%-0.1pp
FCF margin6.1%+2.1pp

Returns & leverage

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Return on equity23.9%-5.8pp
Debt / equity1.8×-0.4×
Current ratio2.3×0.0×

Where this comes from

Reported directly by Sally Beauty in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Sally Beauty’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-216750
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025Six Months Ended / March 31, 2026Six Months Ended / March 31, 2025
Cost of goods sold427,610424,329887,519885,384
Gross profit475,772458,817959,031935,657
Selling, general and administrative expenses403,841389,444811,165765,964
Operating earnings71,93169,373147,866169,693
Interest expense14,16516,28928,78533,731
Earnings before provision for income taxes57,76653,084119,081135,962
Provision for income taxes15,07113,87430,82935,739
Net earnings$42,695$39,210$88,252$100,223

Item 1. Financial Statements.

FAQ

What is Sally Beauty's operating income?
Sally Beauty (SBH) reported operating income of $71.93M in Q1 2026.
How has Sally Beauty's operating income changed year-over-year?
Sally Beauty's operating income increased by 3.7% year-over-year, from $69.37M to $71.93M.
What is the long-term trend for Sally Beauty's operating income?
Over 4 years (2021 to 2025), Sally Beauty's operating income has grown at a -5.9% compound annual growth rate (CAGR), from $418.44M to $327.81M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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