Filing Flows › Estee Lauder Companies (EL) › Q3 FY26
Estee Lauder Companies (EL) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 1, 2026
Estee Lauder Companies (EL) reported revenue of $3.7B for the third quarter fiscal 2026 (Q3 FY26), +5% from a year earlier and -12% from the quarter before. Operating margin was 6.7%, net earnings $89.0M (2.4% of revenue).
Estee Lauder Companies, Q3 FY26: revenue $3.7B (+5% year over year), operating margin 6.7%, net earnings $89.0M, operating cash flow $412M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -12% | +5% |
| Gross profit | $2.8B | -12% | +7% |
| Operating profit | $249M | -38% | -19% |
| Net earnings | $89.0M | -45% | -44% |
| Operating cash flow | $412M | -63% | +45% |
| Free cash flow | $310M | -70% | +91% |
What changed
Revenue was $3.7B in Q3 FY26, up 5% year over year and down 12% from the previous quarter.
Gross margin was 76.4%, up 1.4 points from Q3 FY25. Operating profit was $0.25B, a 6.7% margin (down 1.9 points year over year). Operating profit fell $0.06B even though revenue rose $0.16B versus Q3 FY25, so costs grew faster than sales. Operating expenses grew 10% against revenue growth of 5%. The fastest-growing cost line was Other operating costs (+218%). Net earnings were $0.09B, down 44% year over year. The effective tax rate was 50.3%.
Operating cash flow was $0.41B (up 45% year over year), 463% of net earnings. Non-cash charges added back $0.20B of depreciation and amortization and $0.07B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.10B left free cash flow of $0.31B.
Questions
What was Estee Lauder Companies' revenue in the third quarter fiscal 2026?
Estee Lauder Companies (EL) reported revenue of $3.7B for the third quarter fiscal 2026 (Q3 FY26), +5% from a year earlier and -12% from the quarter before.
Was Estee Lauder Companies profitable in the third quarter fiscal 2026?
Operating profit was $249M (6.7% of revenue) and net earnings $89.0M.