Business Wire·Aug 5, 2026, 4:05 PM ET

e.l.f. Beauty Announces First Quarter Fiscal 2027 Results

e.l.f. Beauty reported a 36% increase in net sales to $479.4 million for the three months ended June 30, 2026.
This marks the company's 30th consecutive quarter of net sales growth, spanning over seven years.
Gross margin rose approximately 1,400 basis points to 83%, driven by a $1,050 basis point benefit from IEEPA tariff refunds, pricing benefits, & lower tariff rates.
Selling, general, & administrative expenses increased $84.5 million to $280.3 million, primarily due to higher marketing, compensation, & depreciation costs.
The company recorded a $16.1 million expense related to a change in the fair value of contingent consideration for the rhode acquisition.
GAAP net income was $66.6 million, while adjusted net income was $104.6 million.
Diluted earnings per share were $1.12 on a GAAP basis & $1.75 on an adjusted basis.
Adjusted EBITDA reached $168.2 million, representing 35% of net sales & a 93% year-over-year increase.
Cash & cash equivalents stood at $344.2 million as of June 30, 2026, compared to $170.0 million in the prior year period.
Total debt increased to $834.2 million from $256.7 million in the previous year.
e.l.f. Beauty raised its fiscal 2027 net sales growth outlook to 18-20%, up from the previous guidance of 12-14%.
The updated fiscal 2027 outlook projects net sales of $1,938-$1,968 million & adjusted diluted EPS of $3.50-$3.55.
A webcast to discuss these results was scheduled for August 5, 2026, at 4:30 p.m. Eastern Time.