Filing Flows › e.l.f. Beauty (ELF) › Q1 FY27 › vs Q4 FY26
e.l.f. Beauty (ELF) Q1 FY27 vs Q4 FY26 (quarter over quarter)
e.l.f. Beauty's revenue rose $30.1M (+7%) from $449M in Q4 FY26 to $479M in Q1 FY27. Gross margin 83.2% against 72.7% (+10.5 pts).
e.l.f. Beauty, Q1 FY27: revenue $479M (+36% year over year), operating margin 21.4%, net earnings $66.6M, operating cash flow $112M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 83.2% | 72.7% | +10.5 pts |
| Operating margin | 21.4% | -11.2% | +32.6 pts |
| Net margin | 13.9% | -11.0% | +24.9 pts |
| Free cash flow margin | 23.0% | 22.4% | +0.6 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $479M | $449M | $30.1M | +7% |
| Gross profit | $399M | $326M | $72.4M | +22% |
| Cost of revenue | $80.5M | $123M | −$42.3M | -34% |
| Operating profit | $102M | −$50.3M | $153M | — |
| Operating expenses | $296M | $377M | −$80.4M | -21% |
| Pre-tax earnings | $94.3M | −$60.5M | $155M | — |
| Other expense, net | $8.1M | $10.2M | −$2.1M | -20% |
| SG&A | $280M | $319M | −$38.8M | -12% |
| Other operating costs | $16.1M | $57.6M | −$41.6M | -72% |
| Net earnings | $66.6M | −$49.4M | $116M | — |
| Income tax | $27.7M | −$11.2M | $38.9M | — |
| Depreciation & amortization | $26.1M | $26.3M | −$227K | -0.9% |
| Share-based compensation | $19.7M | $17.7M | $2.0M | +11% |
| Working capital & other | $712K | −$108M | $109M | — |
| Operating cash flow | $112M | $102M | $9.2M | +9% |
| Free cash flow (OCF − capex) | $110M | $101M | $9.7M | +10% |
| Capital expenditures | $1.4M | $1.9M | −$454K | -24% |
Questions
How much did e.l.f. Beauty's revenue grow quarter over quarter in Q1 FY27?
e.l.f. Beauty's revenue rose $30.1M (+7%) from $449M in Q4 FY26 to $479M in Q1 FY27. Gross margin 83.2% against 72.7% (+10.5 pts).