Estee Lauder Companies (EL) Operating Expenses (2009 - 2026)
Estee Lauder Companies (EL) posted quarterly Operating Expenses of $2.6 billion for Q1 2026, up 9.85% year-over-year from $2.4 billion in Q1 2025, and down 8.72% quarter-over-quarter from $2.8 billion in Q4 2025.
Estee Lauder Companies (EL) Operating Expenses (2009 - 2026) Analysis & Trends
Estee Lauder Companies' Operating Expenses history runs 18 years deep, the most recent figure standing at $2.6 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 9.85% year-over-year to $2.6 billion; the TTM figure through Mar 2026 stood at $10.7 billion (down 7.75% YoY), while the FY2025 annual figure was $11.4 billion, up 11.44% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.6 billion, down from $2.8 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.
- The 5-year median for Operating Expenses is $2.5 billion (2022), against an average of $2.6 billion.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 42.18% in 2024, then fell 21.86% in 2025.
- Estee Lauder Companies' Operating Expenses stood at $2.8 billion in 2022, then declined by 10.33% to $2.6 billion in 2023, then surged by 42.18% to $3.6 billion in 2024, then dropped by 21.86% to $2.8 billion in 2025, then retreated by 8.72% to $2.6 billion in 2026.
- Business Quant data shows EL's Operating Expenses at $2.6 billion in Q1 2026, $2.8 billion in Q4 2025, and $2.4 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 6.33 Bn |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 2.13 Bn |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 1.60 Bn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 2.59 Bn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 252.20 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 330.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -155.01 Mn |
| 10 | e.l.f. Beauty | 5.48 Bn | 5.13 Bn | 398.84 Mn | 280.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.72 Bn |