e.l.f. Beauty (ELF) Cost of Revenue (2015 - 2026)

e.l.f. Beauty has reported Cost of Revenue for 12 years, with the latest figure at $122.8 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 28.48% year-over-year to $122.8 million; the trailing twelve-month figure through Mar 2026 stood at $479.1 million (up 26.81% YoY), and the FY2026 full-year result was $479.1 million, up 26.81% from the prior year.
• Cost of Revenue for Q1 2026 stood at $122.8 million, down from $142.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $142.0 million in Q4 2025, with the low at $37.6 million in Q1 2022.
• Historically, Cost of Revenue has averaged $81.3 million across 5 years, with a median of $87.0 million in 2024.
• Annual changes were most pronounced in 2023 — Cost of Revenue jumped 65.2% — and 2025, when it increased 1.77%.
• e.l.f. Beauty's Cost of Revenue stood at $47.8 million in 2022, then jumped by 65.2% to $79.0 million in 2023, then climbed by 29.16% to $102.0 million in 2024, then soared by 39.21% to $142.0 million in 2025, then dropped by 13.5% to $122.8 million in 2026.
• The last three Cost of Revenue figures came in at $122.8 million (Q1 2026), $142.0 million (Q4 2025), and $105.1 million (Q3 2025), per Business Quant data.