Filing Flows › e.l.f. Beauty (ELF) › Q2 FY27 › vs Q2 FY26
e.l.f. Beauty (ELF) Q2 FY27 vs Q2 FY26 (year over year)
e.l.f. Beauty's revenue rose $177M (+51%) from $344M in Q2 FY26 to $521M in Q2 FY27. Gross margin 71.1% against 69.4% (+1.6 pts).
e.l.f. Beauty, Q2 FY27: revenue $521M (+51% year over year), operating margin 10.1%, net earnings $30.0M, operating cash flow $14.6M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 71.1% | 69.4% | +1.6 pts |
| Operating margin | 10.1% | 2.2% | +7.8 pts |
| Net margin | 5.8% | 0.9% | +4.9 pts |
| Free cash flow margin | 2.3% | 4.8% | -2.5 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $521M | $344M | $177M | +51% |
| Gross profit | $370M | $239M | $131M | +55% |
| Cost of revenue | $151M | $105M | $45.5M | +43% |
| Operating profit | $52.4M | $7.7M | $44.7M | +579% |
| Operating expenses | $318M | $231M | $86.7M | +37% |
| Pre-tax earnings | $43.0M | −$4.0M | $47.0M | — |
| Other expense, net | $9.4M | $11.7M | −$2.3M | -20% |
| Net earnings | $30.0M | $3.0M | $27.0M | +902% |
| Income tax | $13.0M | −$7.0M | $20.0M | — |
| Operating cash sources | $78.7M | $50.8M | $28.0M | +55% |
| Depreciation & amortization | $24.1M | $18.3M | $5.8M | +32% |
| Share-based compensation | $24.6M | $29.5M | −$4.8M | -16% |
| Working capital & other | $64.1M | $27.3M | $36.7M | +134% |
| Operating cash flow | $14.6M | $23.4M | −$8.8M | -37% |
| Free cash flow (OCF − capex) | $12.1M | $16.6M | −$4.5M | -27% |
| Capital expenditures | $2.5M | $6.8M | −$4.3M | -63% |
Questions
How much did e.l.f. Beauty's revenue grow year over year in Q2 FY27?
e.l.f. Beauty's revenue rose $177M (+51%) from $344M in Q2 FY26 to $521M in Q2 FY27. Gross margin 71.1% against 69.4% (+1.6 pts).