Here are the 10-Q quarterly reports from e.l.f. Beauty, Inc. (ELF) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ELF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ELF filings page.
e.l.f. Beauty reported net sales of $520.8 million for the three months ended September 30, 2026, up 51% from $343.9 million a year earlier. Net income was $30.0 million, compared with $3.0 million, and operating income was $52.4 million, compared with $7.7 million. Gross margin was 71%, versus 69%.
For the six months ended September 30, 2026, net sales were $1,000.2 million, up 43% from $697.7 million, and net income was $96.6 million, compared with $36.3 million. Net cash provided by operating activities was $126.3 million, compared with $50.6 million; the company said this included $53.8 million of benefit from IEEPA tariff refunds.
e.l.f. Beauty received approximately $51.7 million of tariff refunds and $2.1 million of interest; $51.7 million was recognized as a reduction in cost of sales for the six-month period. The contingent-consideration liability tied to the rhode acquisition was remeasured to $98.5 million as of September 30, 2026, and a $30 million first-year earnout was paid October 30, 2026. Cash and cash equivalents were $350.8 million as of September 30, 2026.
e.l.f. Beauty delivered strong top-line growth while taking on significant debt to acquire skin-care brand rhode. Net sales for the quarter rose 38% to $489.5 million, driven by retailer growth and a 101% jump in e-commerce. Net income increased to $39.4 million from $17.3 million, with gross margin steady at 71% but pressured by tariffs.
For the nine months, net sales grew 21% to $1.19 billion, while net income declined to $75.7 million from $83.8 million as SG&A, depreciation and interest costs rose. The $897.5 million rhode acquisition (cash, stock and earnout) added $128.2 million of quarterly sales and $54.8 million of net income and lifted goodwill and intangibles sharply.
To fund the deal, the company entered a new $600 million term loan, raising total debt to $849.2 million and pushing quarterly interest expense to $12.4 million. e.l.f. ended the period with $196.8 million in cash and $243.3 million of available revolver capacity, and repurchased $50 million of stock under a $500 million authorization.
e.l.f. Beauty reported quarterly results for the three months ended September 30, 2025. Net sales were $343.9 million, up 14% year over year, led by growth in both retailer and e‑commerce channels. Gross margin was 69%. Selling, general and administrative expenses rose to 67% of sales, and higher interest expense weighed on earnings, resulting in net income of $3.0 million (diluted EPS $0.05) versus $19.0 million a year ago.
The company closed the rhode acquisition on August 5, 2025 for $896.5 million, consisting of $589.1 million in cash, $300.3 million in stock (2,582,371 shares) and a contingent earnout initially valued at $7.1 million. Post‑close, rhode contributed $52.4 million of net sales and $15.1 million of net income in the quarter.
To fund the deal, e.l.f. added a $600.0 million term loan, taking total debt to $856.7 million and ending the quarter with $194.4 million in cash and cash equivalents. Shares outstanding were 59,636,768 as of November 6, 2025.