Filing Flows › e.l.f. Beauty (ELF) › Q2 FY27
e.l.f. Beauty (ELF) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Nov 5, 2026
e.l.f. Beauty (ELF) reported revenue of $521M for the second quarter fiscal 2027 (Q2 FY27), +51% from a year earlier and +9% from the quarter before. Operating margin was 10.1%, net earnings $30.0M (5.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $521M | +9% | +51% |
| Gross profit | $370M | -7% | +55% |
| Operating profit | $52.4M | -49% | +579% |
| Net earnings | $30.0M | -55% | +902% |
| Operating cash flow | $14.6M | -87% | -37% |
| Free cash flow | $12.1M | -89% | -27% |
What changed
Revenue was $520.8M in Q2 FY27, up 51% year over year and up 9% from the previous quarter.
Gross margin was 71.1%, up 1.6 points from Q2 FY26. Operating profit was $52.4M, a 10.1% margin (up 7.8 points year over year). Of the extra revenue versus Q2 FY26, 25% reached operating profit, above the 2% margin then. Operating expenses grew 37% against revenue growth of 51%. Net earnings were $30.0M, up 902% year over year. The effective tax rate was 30.2%.
Operating cash flow was $14.6M (down 37% year over year), 49% of net earnings. Non-cash charges added back $24.1M of depreciation and amortization and $24.6M of share-based compensation. Working capital and other items used $64.1M. Capital expenditures of $2.5M left free cash flow of $12.1M.
Questions
What was e.l.f. Beauty's revenue in the second quarter fiscal 2027?
e.l.f.
Was e.l.f. Beauty profitable in the second quarter fiscal 2027?
Operating profit was $52.4M (10.1% of revenue) and net earnings $30.0M.
Source: e.l.f. Beauty 10-Q on SEC EDGAR.