Filing Flows › e.l.f. Beauty (ELF) › Q4 FY26
e.l.f. Beauty (ELF) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 21, 2026
e.l.f. Beauty (ELF) reported revenue of $449M for the fourth quarter fiscal 2026 (Q4 FY26), +35% from a year earlier and -8% from the quarter before. Operating margin was -11.2%, net loss $49.4M (11.0% of revenue).
e.l.f. Beauty, Q4 FY26: revenue $449M (+35% year over year), operating margin -11.2%, net loss $49.4M, operating cash flow $102M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $449M | -8% | +35% |
| Operating profit | −$50.3M | -175% | -214% |
| Net earnings | −$49.4M | -225% | -275% |
| Operating cash flow | $102M | +72% | -25% |
| Free cash flow | $101M | +91% | -20% |
What changed
Revenue was $449.3M in Q4 FY26, up 35% year over year and down 8% from the previous quarter.
Gross margin was 72.7%, up 1.4 points from Q4 FY25. Operating costs exceeded revenue by $50.3M, an operating margin of -11.2%. Operating expenses grew 96% against revenue growth of 35%. The quarter ended with a net loss of $49.4M, after a profit of $39.4M the previous quarter.
Operating cash flow was $102.5M (down 25% year over year). Non-cash charges added back $26.3M of depreciation and amortization and $17.7M of share-based compensation. Working capital and other items added $107.8M. Capital expenditures of $1.9M left free cash flow of $100.6M.
Questions
What was e.l.f. Beauty's revenue in the fourth quarter fiscal 2026?
e.l.f.
Was e.l.f. Beauty profitable in the fourth quarter fiscal 2026?
Operating loss was $50.3M (-11.2% of revenue) and net loss $49.4M.
Source: e.l.f. Beauty 10-K on SEC EDGAR.