e.l.f. Beauty Inc (ELF) financial statements: income statement, balance sheet and cash flow
e.l.f. Beauty Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Mar 31, 2026 · FY), e.l.f. Beauty Inc reported revenue of $1.6B (+24.6% year on year) and net income of $26.3M (-76.5% year on year).
Income statement
e.l.f. Beauty Inc income statement, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Net sales
$1.6B
$1.3B
$1.0B
$578.8M
Cost of sales
$479.1M
$377.8M
$299.8M
$188.4M
Gross profit
$1.2B
$935.7M
$724.1M
$390.4M
Selling, general and administrative expenses
$1.0B
$777.7M
$574.4M
$322.3M
Change in fair value of contingent consideration
$57.6M
—
—
—
Operating income
$73.6M
$158.0M
$149.7M
$68.1M
Other income, net
$2.8M
$1.3M
$1.2M
($1.9M)
Impairment of equity investment
$0
$0
($2.9M)
—
Interest expense, net
($35.3M)
($13.8M)
($7.0M)
($2.0M)
Loss on extinguishment of debt
($674.0K)
($13.0K)
$0
($176.0K)
Income before provision for income taxes
$40.5M
$145.5M
$141.0M
$64.1M
Income tax provision
($14.1M)
($33.4M)
($13.3M)
($2.5M)
Net income
$26.3M
$112.1M
$127.7M
$61.5M
Basic (in USD per share)
$0.45
$1.99
$2.33
$1.17
Diluted (in USD per share)
$0.44
$1.92
$2.21
$1.11
Basic (in shares)
58.3M
56.2M
54.7M
52.5M
Diluted (in shares)
59.4M
58.3M
57.8M
55.3M
e.l.f. Beauty Inc income statement, quarters
Line item
Jun 30, 2026 · Q1
Dec 31, 2025 · Q3
Sep 30, 2025 · Q2
Jun 30, 2025 · Q1
Net sales
$479.4M
$489.5M
$343.9M
$353.7M
Cost of sales
$80.5M
$142.0M
$105.1M
$109.2M
Gross profit
$398.8M
$347.5M
$238.9M
$244.5M
Selling, general and administrative expenses
$280.3M
$280.0M
$231.1M
$195.8M
Change in fair value of contingent consideration
$16.1M
—
—
—
Operating income
$102.4M
$67.5M
$7.7M
$48.7M
Other (expense) income, net
($331.0K)
($1.3M)
($1.9M)
$5.0M
Interest expense, net
($7.8M)
($12.4M)
($9.2M)
($2.6M)
Income before provision for income taxes
$94.3M
$53.9M
($4.0M)
$51.1M
Income tax provision
($27.7M)
($14.5M)
$7.0M
($17.8M)
Net income
$66.6M
$39.4M
$3.0M
$33.3M
Basic (in USD per share)
$1.13
$0.66
$0.05
$0.59
Diluted (in USD per share)
$1.12
$0.65
$0.05
$0.58
Basic (in shares)
59.1M
59.3M
58.4M
56.3M
Diluted (in shares)
59.7M
60.2M
59.6M
57.7M
Balance sheet
e.l.f. Beauty Inc balance sheet, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Cash and cash equivalents
$289.7M
$148.7M
$108.2M
$120.8M
Accounts receivable, net
$174.6M
$126.0M
$123.8M
$67.9M
Inventory, net
$220.2M
$187.2M
$191.5M
$81.3M
Prepaid expenses and other current assets
$104.8M
$78.7M
$53.6M
$33.3M
Total current assets
$789.4M
$540.6M
$477.1M
$303.3M
Property and equipment, net
$41.5M
$28.8M
$14.0M
$7.9M
Intangible assets, net
$553.1M
$207.7M
$225.1M
$78.0M
Goodwill
$853.5M
$340.6M
$340.6M
$171.6M
Other assets
$156.7M
$130.5M
$72.5M
$31.9M
Total assets
$2.4B
$1.2B
$1.1B
$595.6M
Current portion of long-term debt
$30.0M
$0
$100.3M
$5.6M
Current portion of contingent consideration
$26.2M
—
—
—
Accounts payable
$97.5M
$72.2M
$81.1M
$31.4M
Accrued expenses and other current liabilities
$182.5M
$104.9M
$117.7M
$71.0M
Total current liabilities
$336.2M
$177.1M
$299.1M
$108.0M
Long-term debt
$809.3M
$256.7M
$161.8M
$60.9M
Long-term contingent consideration
$38.5M
—
—
—
Deferred tax liabilities
$6.2M
$3.8M
$3.7M
$3.7M
Long-term operating lease obligations
$69.9M
$48.7M
$21.5M
$11.2M
Other long-term liabilities
$3.5M
$1.1M
$616.0K
$784.0K
Total liabilities
$1.3B
$487.3M
$486.7M
$184.6M
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of March 31, 2026 and March 31, 2025; 59,089,708 and 55,730,037 shares issued and outstanding as of March 31, 2026 and March 31, 2025, respectively
$590000.00
$556000.00
$555000.00
$535000.00
Additional paid-in capital
$1.3B
$942.0M
$936.4M
$832.5M
Accumulated other comprehensive income
$882.0K
$521.0K
($50.0K)
—
Accumulated deficit
($155.9M)
($182.2M)
($294.3M)
($422.0M)
Total stockholders’ equity
$1.1B
$760.9M
$642.6M
$411.0M
Total liabilities and stockholders’ equity
$2.4B
$1.2B
$1.1B
$595.6M
e.l.f. Beauty Inc balance sheet, quarters
Line item
Jun 30, 2026
Dec 31, 2025
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$344.2M
$196.8M
$194.4M
$170.0M
Accounts receivable, net
$174.5M
$190.3M
$154.7M
$173.4M
Inventory, net
$246.8M
$220.6M
$247.4M
$170.4M
Prepaid expenses and other current assets
$94.3M
$93.8M
$110.8M
$88.8M
Total current assets
$859.8M
$701.6M
$707.2M
$602.5M
Property and equipment, net
$39.7M
$44.8M
$44.4M
$39.2M
Intangible assets, net
$542.0M
$564.2M
$575.4M
$203.3M
Goodwill
$853.5M
$852.8M
$851.8M
$340.6M
Other assets
$165.7M
$160.3M
$139.9M
$129.3M
Total assets
$2.5B
$2.3B
$2.3B
$1.3B
Current portion of long-term debt
$30.0M
$30.0M
$22.5M
$0
Current portion of contingent consideration
$28.2M
—
—
—
Accounts payable
$95.9M
$74.0M
$109.3M
$74.6M
Accrued expenses and other current liabilities
$183.5M
$150.3M
$130.1M
$110.1M
Total current liabilities
$337.7M
$254.3M
$261.9M
$184.7M
Long-term portion of debt
$802.0M
$816.7M
$831.6M
$256.7M
Long-term contingent consideration
$52.6M
—
—
—
Deferred tax liabilities
$6.2M
$16.7M
$20.9M
$17.0M
Long-term operating lease obligations
$89.7M
$67.5M
$55.6M
$50.4M
Other long-term liabilities
$3.7M
$6.7M
$9.8M
$1.3M
Total liabilities
$1.3B
$1.2B
$1.2B
$510.0M
Common stock, par value of $0.01 per share; 250,000,000 shares authorized as of June 30, 2026, March 31, 2026 and June 30, 2025; 58,936,996, 59,089,708 and 56,734,903 shares issued and outstanding as of June 30, 2026, March 31, 2026 and June 30, 2025, respectively
$589000.00
$589000.00
$593000.00
$566000.00
Additional paid-in capital
$1.3B
$1.3B
$1.3B
$952.0M
Accumulated other comprehensive income
$925.0K
$1.0M
$971.0K
$1.2M
Accumulated deficit
($89.3M)
($106.6M)
($145.9M)
($148.9M)
Total stockholders' equity
$1.2B
$1.2B
$1.1B
$804.9M
Total liabilities and stockholders' equity
$2.5B
$2.3B
$2.3B
$1.3B
Cash flow statement
e.l.f. Beauty Inc cash flow statement, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Net income
$26.3M
$112.1M
$127.7M
$61.5M
Depreciation and amortization
$79.4M
$44.1M
$35.9M
$22.2M
Non-cash lease expense
$10.9M
$9.7M
—
—
Stock-based compensation expense
$86.9M
$71.8M
$40.6M
$29.1M
Amortization of debt issuance costs and discount on debt
$1.4M
$545.0K
$430.0K
$346.0K
Deferred income taxes
($3.5M)
$446.0K
($3.3M)
($6.4M)
Impairment of equity investment
$0
$0
$2.9M
—
Acquisition-related seller expenses
($47.1M)
$0
($10.5M)
—
Loss on extinguishment of debt
$674.0K
$13.0K
$0
$176.0K
Change in fair value of contingent consideration
$57.6M
—
—
—
Other, net
$2.2M
$136.0K
$1.2M
$179.0K
Accounts receivable
($17.5M)
($2.7M)
($49.6M)
($22.4M)
Inventory
$7.3M
$4.9M
($93.9M)
$3.2M
Prepaid expenses and other assets
($67.4M)
($75.9M)
($55.2M)
($24.6M)
Accounts payable and accrued expenses
$75.3M
($23.4M)
$81.2M
$43.0M
Other liabilities
($54.0K)
($7.9M)
($6.3M)
($4.4M)
Net cash provided by operating activities
$212.5M
$133.8M
$71.2M
$101.9M
Acquisition, net of cash acquired
($581.7M)
$0
($275.0M)
—
Purchase of property and equipment
($22.4M)
($18.5M)
($8.7M)
($1.7M)
Investment contributions
($1.1M)
($577.0K)
($1.0M)
—
Net cash used in investing activities
($605.2M)
($19.1M)
($284.7M)
($1.7M)
Proceeds from revolving line of credit
$50.0M
$0
$89.5M
$0
Repayment of revolving line of credit
($50.0M)
($89.5M)
$0
$0
Proceeds from long-term debt
$600.0M
$256.7M
$115.0M
$0
Repayment of long-term debt
($15.0M)
($173.4M)
($7.9M)
($30.0M)
Debt issuance costs paid
($6.9M)
($2.1M)
($665.0K)
$0
Repurchase of common stock
($50.0M)
($67.1M)
—
—
Cash received from issuance of common stock
$5.8M
$953.0K
$5.6M
$8.1M
Other, net
$0
($57.0K)
($576.0K)
($788.0K)
Net cash provided by (used in) financing activities
$533.9M
($74.4M)
$200.9M
($22.7M)
Effect of exchange rate changes on cash and cash equivalents
($189.0K)
$215.0K
($34.0K)
—
Net increase (decrease) in cash and cash equivalents
$141.0M
$40.5M
($12.6M)
$77.4M
Cash and cash equivalents - beginning of period
$148.7M
$108.2M
$120.8M
$43.4M
Cash and cash equivalents - end of period
$289.7M
$148.7M
$108.2M
$120.8M
Cash paid for interest
$37.4M
$15.7M
$11.3M
$3.5M
Cash paid for income taxes, net of refunds
$21.4M
$25.3M
$12.4M
$13.4M
Cash paid for interest on finance leases
$0
$0
$6.0K
$32.0K
Issuance of common stock as consideration for acquisition
$300.3M
$0
$57.8M
—
Property and equipment purchases included in accounts payable and accrued expenses
$423.0K
$2.6M
$1.6M
$335.0K
e.l.f. Beauty Inc cash flow statement, quarters
Line item
Jun 30, 2026 · Q1
Dec 31, 2025 · YTD
Sep 30, 2025 · YTD
Jun 30, 2025 · Q1
Net income
$66.6M
$75.7M
$36.3M
$33.3M
Depreciation and amortization
$26.1M
$53.0M
$31.5M
$13.2M
Non-cash lease expense
$3.2M
$8.3M
$5.5M
$2.8M
Stock-based compensation expense
$19.7M
$69.2M
$39.3M
$9.9M
Amortization of debt issuance costs and discount on debt
$473.0K
$962.0K
$487.0K
$134.0K
Deferred income taxes
$1.8M
$15.1M
$18.7M
$14.2M
Change in fair value of contingent consideration
$16.1M
—
—
—
Other, net
$2.0K
$2.4M
$2.4M
$911.0K
Accounts receivable
$198.0K
($32.6M)
$3.0M
($46.2M)
Inventory
($26.5M)
$7.4M
($19.2M)
$18.7M
Prepaid expenses and other assets
$8.2M
($53.5M)
($48.8M)
($16.3M)
Accounts payable and accrued expenses
($2.4M)
$9.8M
$24.4M
($1.5M)
Other liabilities
($1.7M)
$794.0K
$3.5M
($1.9M)
Net cash provided by operating activities
$111.7M
$110.1M
$50.6M
$27.2M
Purchase of property and equipment
($1.4M)
($20.6M)
($13.9M)
($7.1M)
Other, net
($240.0K)
($704.0K)
($464.0K)
($464.0K)
Net cash used in investing activities
($1.7M)
($603.0M)
($595.0M)
($7.6M)
Repayment of long-term debt
($7.5M)
($7.5M)
$0
—
Repurchase of common stock
($50.0M)
($50.0M)
$0
—
Cash received from issuance of common stock
$2.0M
$5.3M
$1.8M
$121.0K
Net cash (used in) provided by financing activities
($55.5M)
$540.9M
$594.9M
$121.0K
Effect of exchange rate changes on cash and cash equivalents