Growth Metrics

e.l.f. Beauty (ELF) Cost of Revenue (2016 - 2025)

e.l.f. Beauty (ELF) has disclosed Cost of Revenue for 11 consecutive years, with $142.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 39.21% year-over-year to $142.0 million, compared with a TTM value of $451.9 million through Dec 2025, up 20.13%, and an annual FY2025 reading of $377.8 million, up 26.01% over the prior year.
  • Cost of Revenue was $142.0 million for Q4 2025 at e.l.f. Beauty, up from $105.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $142.0 million in Q4 2025 and bottomed at $33.8 million in Q4 2021.
  • Average Cost of Revenue over 5 years is $69.8 million, with a median of $63.5 million recorded in 2023.
  • The sharpest move saw Cost of Revenue soared 65.87% in 2021, then rose 1.77% in 2025.
  • Year by year, Cost of Revenue stood at $33.8 million in 2021, then skyrocketed by 41.55% to $47.8 million in 2022, then soared by 65.2% to $79.0 million in 2023, then increased by 29.16% to $102.0 million in 2024, then surged by 39.21% to $142.0 million in 2025.
  • Business Quant data shows Cost of Revenue for ELF at $142.0 million in Q4 2025, $105.1 million in Q3 2025, and $109.2 million in Q2 2025.