e.l.f. Beauty (ELF) Cost of Revenue (2015 - 2026)
e.l.f. Beauty's (ELF) quarterly Cost of Revenue came in at $80.5 million in Q2 2026, down 26.25% on a YoY basis from $109.2 million in Q2 2025, and down 34.44% quarter-over-quarter from $122.8 million in Q1 2026.
Analysis
e.l.f. Beauty (ELF) Cost of Revenue (2015 - 2026) Analysis & Trends
e.l.f. Beauty (ELF) has reported Cost of Revenue for 12 consecutive years, with $80.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue fell 26.25% year-over-year to $80.5 million; the trailing twelve-month figure through Jun 2026 stood at $450.5 million (up 14.38% YoY), and the FY2026 full-year result was $479.1 million, up 26.81% from the prior year.
- Cost of Revenue slipped to $80.5 million in Q2 2026 per ELF's latest filing, from $122.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $142.0 million in Q4 2025 and bottomed at $37.6 million in Q1 2022.
- Historically, Cost of Revenue has averaged $81.3 million across 5 years, with a median of $83.8 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue surged 65.2% in 2023, then declined 26.25% in 2026.
- Over 5 years, Cost of Revenue stood at $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, then slumped by 43.29% to $80.5 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $80.5 million, $122.8 million, and $142.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Estee Lauder Companies | 37.62 Bn | 34.12 Bn | 2.74 Bn | 890.00 Mn |
| 2 | e.l.f. Beauty | 6.47 Bn | 6.12 Bn | 398.84 Mn | 80.53 Mn |
| 3 | Interparfums | 3.74 Bn | 3.75 Bn | 223.53 Mn | 117.51 Mn |
| 4 | Coty | 2.58 Bn | 2.58 Bn | 772.70 Mn | 496.50 Mn |
| 5 | Olaplex Holdings | 1.39 Bn | 1.06 Bn | 71.66 Mn | 27.71 Mn |
| 6 | Oddity Tech | 782.63 Mn | 486.92 Mn | 137.97 Mn | 59.97 Mn |
| 7 | Betterware De Mexico, S.A.P.I. De C.V | 588.48 Mn | 558.17 Mn | 156.58 Mn | 82.50 Mn |
| 8 | Yatsen Holding | 499.34 Mn | 345.22 Mn | 124.36 Mn | 43.97 Mn |
| 9 | Nu Skin Enterprises | 235.59 Mn | 44.21 Mn | 218.33 Mn | 107.92 Mn |
| 10 | Pitanium | 207.93 Mn | -2.70 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.53 Mn |
| Mar 31, 2026 | 122.84 Mn |
| Dec 31, 2025 | 142.01 Mn |
| Sep 30, 2025 | 105.08 Mn |
| Jun 30, 2025 | 109.20 Mn |
| Mar 31, 2025 | 95.61 Mn |
| Dec 31, 2024 | 102.02 Mn |
| Sep 30, 2024 | 87.02 Mn |
| Jun 30, 2024 | 93.19 Mn |
| Mar 31, 2024 | 93.94 Mn |
| Dec 31, 2023 | 78.99 Mn |
| Sep 30, 2023 | 63.14 Mn |
| Jun 30, 2023 | 63.77 Mn |
| Mar 31, 2023 | 58.23 Mn |
| Dec 31, 2022 | 47.81 Mn |
| Sep 30, 2022 | 42.79 Mn |
| Jun 30, 2022 | 39.62 Mn |
| Mar 31, 2022 | 37.64 Mn |
| Dec 31, 2021 | 33.78 Mn |
| Sep 30, 2021 | 33.87 Mn |