e.l.f. Beauty, Inc. ELF
e.l.f. Beauty, Inc. ("e.l.f. Beauty" and together with our subsidiaries, the "Company," or "we") is a multi-brand beauty company that offers inclusive, accessible, clean, vegan and cruelty free cosmetics and skin care products.
•Our Vision. To be a different kind of beauty company by building brands that disrupt industry norms, shape culture and connect communities through positivity, inclusivity and accessibility.
•Our Mission. We make the best of beauty accessible to every eye, lip and face.
•Our Purpose. We make the world a better place for every eye, lip and face.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.64B | $1.31B | $1.02B | $578.8M | $392.2M | $318.1M | $282.9M | $267.4M | $269.9M | $229.6M |
| Cost of revenue | $479.1M | $377.8M | $299.8M | $188.4M | $140.4M | $111.9M | $101.7M | $104.7M | $105.2M | $97.3M |
| Gross profit | $1.16B | $935.7M | $724.1M | $390.4M | $251.7M | $206.2M | $181.1M | $162.7M | $164.7M | $132.2M |
| SG&A | $1.03B | $777.7M | $574.4M | $322.3M | $221.9M | $194.2M | $157.2M | $136.6M | $131.4M | $109.2M |
| Operating income | $73.6M | $158.0M | $149.7M | $68.1M | $29.8M | $9.4M | $29.9M | $26.2M | $33.3M | $23.1M |
| Interest expense | — | — | $7.0M | $2.0M | $2.4M | $4.1M | $6.3M | $7.8M | $8.8M | $16.3M |
| Pre-tax income | $40.5M | $145.5M | $141.0M | $64.1M | $25.4M | $3.7M | $24.1M | $18.0M | $22.5M | $9.8M |
| Income tax | $14.1M | $33.4M | $13.3M | $2.5M | $3.7M | $2.5M | $6.2M | $2.4M | $11.0M | $4.5M |
| Net income | $26.3M | $112.1M | $127.7M | $61.5M | $21.8M | $6.2M | $17.9M | $15.5M | $33.5M | $5.3M |
| EPS, basic | 0.45 | 1.99 | 2.33 | 1.17 | 0.43 | 0.13 | 0.37 | 0.33 | 0.74 | -39.47 |
| EPS, diluted | 0.44 | 1.92 | 2.21 | 1.11 | 0.41 | 0.12 | 0.35 | 0.32 | 0.68 | -39.47 |
| Shares, diluted (wtd. avg.) | $59.4M | $58.3M | $57.8M | $55.3M | $53.7M | $52.0M | $50.8M | $49.3M | $49.4M | $12.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $289.7M | $148.7M | $108.2M | $120.8M | $43.4M | $57.8M | $46.2M | $53.9M | $10.1M | $15.3M |
| Receivables | $174.6M | $126.0M | $123.8M | $67.9M | $45.6M | $40.2M | $29.7M | $36.7M | $44.6M | $37.8M |
| Inventory | $220.2M | $187.2M | $191.5M | $81.3M | $84.5M | $56.8M | $46.2M | $46.3M | $62.7M | $69.4M |
| Total current assets | $789.4M | $540.6M | $477.1M | $303.3M | $193.0M | $170.1M | $132.4M | $141.7M | $123.6M | $124.9M |
| Property, plant and equipment | $41.5M | $28.8M | $14.0M | $7.9M | $10.6M | $13.8M | $17.2M | $21.8M | $18.0M | $17.2M |
| Goodwill | $853.5M | $340.6M | $340.6M | $171.6M | $171.6M | $171.6M | $171.3M | $157.3M | $157.3M | $157.3M |
| Other intangibles | $553.1M | $207.7M | $225.1M | $78.0M | $86.2M | $94.3M | $102.4M | $98.8M | $105.9M | $113.0M |
| Total assets | $2.39B | $1.25B | $1.13B | $595.6M | $494.6M | $487.4M | $453.1M | $435.9M | $417.2M | $414.7M |
| Accounts payable | $97.5M | $72.2M | $81.1M | $31.4M | $19.2M | $15.7M | $12.4M | $20.5M | $26.8M | $37.9M |
| Total current liabilities | $336.2M | $177.1M | $299.1M | $108.0M | $65.0M | $73.3M | $51.1M | $43.0M | $51.4M | $80.3M |
| Long-term debt | $841.7M | — | — | — | — | — | — | — | — | — |
| Total liabilities | $1.26B | $487.3M | $486.7M | $184.6M | $182.2M | $217.7M | $210.9M | $206.5M | $223.4M | $273.9M |
| Retained earnings | -$155.9M | -$182.2M | -$294.3M | -$422.0M | -$483.5M | -$505.3M | -$511.5M | -$511.5M | -$527.0M | -$560.4M |
| Total equity | $1.13B | $760.9M | $642.6M | $411.0M | $312.4M | $269.6M | $242.2M | $215.2M | $193.9M | $140.9M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $212.5M | $133.8M | $71.2M | $101.9M | $19.5M | $29.5M | $44.3M | $55.6M | $12.4M | $2.1M |
| Depreciation and amortisation | $79.4M | $44.1M | $30.2M | $17.6M | $27.1M | $25.2M | $22.8M | $17.9M | $14.5M | $13.2M |
| Stock-based compensation | $86.9M | $71.8M | $40.6M | $29.1M | $19.6M | $19.7M | $15.5M | $16.8M | $13.5M | $7.1M |
| Capital expenditure | $22.4M | $18.5M | $8.7M | $1.7M | $4.8M | $6.5M | $9.4M | $8.9M | $7.5M | $9.2M |
| Investing cash flow | -$605.2M | -$19.1M | -$284.7M | -$1.7M | -$4.8M | -$6.5M | -$35.3M | -$8.9M | -$10.4M | -$9.1M |
| Financing cash flow | $533.9M | -$74.4M | $200.9M | -$22.7M | -$29.1M | -$11.4M | -$16.7M | -$5.6M | -$7.2M | $8.3M |
| Buybacks | $50.0M | $67.1M | $0 | $0 | $0 | $0 | $7.9M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001600033-26-000030.
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| COTY | COTY INC. | $2.58B | — | -1.5% |
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| WALD | Waldencast plc | $156.3M | — | -0.7% |
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