Estee Lauder Companies EL
NYSE EL
$98.70 -2.99 (-2.94%)
As of: Sep 9, 2026 · 9:52 AM EDT

Estee Lauder Companies (EL) Operating Expenses (2009 - 2026)

Estee Lauder Companies (EL) posted Operating Expenses of $2.8 billion for Q2 2026, up 7.31% on a QoQ basis from $2.6 billion in Q1 2026, and down 2.46% year-over-year from $2.8 billion in Q2 2025.

Analysis

Estee Lauder Companies (EL) Operating Expenses (2009 - 2026) Analysis & Trends

Estee Lauder Companies has reported Operating Expenses for 18 years, with the latest figure at $2.8 billion in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 2.46% year-over-year to $2.8 billion in Q2 2026; TTM through Jun 2026 was $10.6 billion, a 7.03% decrease from a year earlier, with the FY2026 full-year figure at $10.6 billion, down 7.03% from the prior year.
  • Operating Expenses was $2.8 billion for Q2 2026 at Estee Lauder Companies, up from $2.6 billion in the prior quarter.
  • The five-year high for Operating Expenses was $3.6 billion in Q4 2024, with the low at $2.2 billion in Q3 2022.
  • Average Operating Expenses over 5 years is $2.6 billion, with a median of $2.5 billion recorded in 2022.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses soared 42.18% in 2024, then decreased 21.86% in 2025.
  • Over 5 years, Operating Expenses stood at $2.8 billion in 2022, then retreated by 10.33% to $2.6 billion in 2023, then jumped by 42.18% to $3.6 billion in 2024, then fell by 21.86% to $2.8 billion in 2025, then decreased by 2.05% to $2.8 billion in 2026.
  • The last three Operating Expenses figures came in at $2.8 billion (Q2 2026), $2.6 billion (Q1 2026), and $2.8 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Estee Lauder Companies 35.87 Bn 32.37 Bn 2.74 Bn 2.78 Bn
2 e.l.f. Beauty 6.00 Bn 5.66 Bn 398.84 Mn 280.32 Mn
3 Interparfums 3.53 Bn 3.32 Bn 223.53 Mn 174.58 Mn
4 Coty 2.33 Bn 2.16 Bn 772.70 Mn 741.30 Mn
5 Olaplex Holdings 1.39 Bn 1.06 Bn 71.66 Mn 76.77 Mn
6 Oddity Tech 850.93 Mn 555.22 Mn 137.97 Mn 163.46 Mn
7 Betterware De Mexico, S.A.P.I. De C.V 573.93 Mn 543.72 Mn 156.58 Mn 117.44 Mn
8 Yatsen Holding 260.76 Mn 106.43 Mn 124.36 Mn -143.80 Mn
9 Nu Skin Enterprises 230.83 Mn 39.45 Mn 218.33 Mn 277.64 Mn
10 Pitanium 207.93 Mn -2.70 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.78 Bn
Mar 31, 2026 2.59 Bn
Dec 31, 2025 2.83 Bn
Sep 30, 2025 2.39 Bn
Jun 30, 2025 2.85 Bn
Mar 31, 2025 2.36 Bn
Dec 31, 2024 3.63 Bn
Sep 30, 2024 2.55 Bn
Jun 30, 2024 3.01 Bn
Mar 31, 2024 2.30 Bn
Dec 31, 2023 2.55 Bn
Sep 30, 2023 2.35 Bn
Jun 30, 2023 2.45 Bn
Mar 31, 2023 2.30 Bn
Dec 31, 2022 2.85 Bn
Sep 30, 2022 2.25 Bn
Jun 30, 2022 2.45 Bn
Mar 31, 2022 2.51 Bn
Dec 31, 2021 2.90 Bn
Sep 30, 2021 2.40 Bn