e.l.f. Beauty (ELF) Gross Margin (2015 - 2026)
e.l.f. Beauty (ELF) posted Gross Margin of 72.66% for Q1 2026, up 2.35% on a QoQ basis from 70.99% in Q4 2025, and up 140.0% year-over-year from 30.27% in Q1 2025.
e.l.f. Beauty (ELF) Gross Margin (2015 - 2026) Analysis & Trends
e.l.f. Beauty's Gross Margin history runs 12 years deep, the most recent figure standing at 72.66% for Q1 2026.
- Quarterly Gross Margin rose 140.0% year-over-year to 72.66% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 70.72% (down 51.0% YoY) and the FY2026 annual result came in at 70.72%, down 51.0% from the prior year.
- Gross Margin was 72.66% for Q1 2026 at e.l.f. Beauty, up from 70.99% in the prior quarter.
- Across five years, Gross Margin topped out at 72.66% in Q1 2026 and bottomed at 64.2% in Q1 2022.
- A 5-year average of 69.6% and a median of 70.7% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin soared 567 bps — and 2025, when it slumped 215 bps.
- e.l.f. Beauty's Gross Margin stood at 67.37% in 2022, then advanced by 5 bps to 70.85% in 2023, then increased by 1 bps to 71.29% in 2024, then retreated by 0 bps to 70.99% in 2025, then increased by 2 bps to 72.66% in 2026.
- Business Quant data shows ELF's Gross Margin at 72.66% in Q1 2026, 70.99% in Q4 2025, and 69.45% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 341.94 Bn | 329.86 Bn | 10.51 Bn | 49.51% |
| 2 | Unilever | 131.50 Bn | 123.41 Bn | - | - |
| 3 | Colgate Palmolive | 72.27 Bn | 71.28 Bn | 3.23 Bn | 60.59% |
| 4 | Kenvue | 36.23 Bn | 36.12 Bn | 2.30 Bn | 58.89% |
| 5 | Kimberly Clark | 35.62 Bn | 35.19 Bn | 1.53 Bn | 36.85% |
| 6 | Estee Lauder Companies | 28.99 Bn | 25.86 Bn | 2.84 Bn | 76.40% |
| 7 | Church & Dwight | 22.75 Bn | 22.25 Bn | 681.40 Mn | 46.38% |
| 8 | Clorox | 12.26 Bn | 11.23 Bn | 722.00 Mn | 43.23% |
| 9 | Yatsen Holding | 6.15 Bn | 6.00 Bn | 153.20 Mn | 77.66% |
| 10 | e.l.f. Beauty | 4.43 Bn | 4.14 Bn | 326.45 Mn | 72.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.66% |
| Dec 31, 2025 | 70.99% |
| Sep 30, 2025 | 69.45% |
| Jun 30, 2025 | 69.13% |
| Mar 31, 2025 | 71.26% |
| Dec 31, 2024 | 71.29% |
| Sep 30, 2024 | 71.10% |
| Jun 30, 2024 | 71.28% |
| Mar 31, 2024 | 70.75% |
| Dec 31, 2023 | 70.85% |
| Sep 30, 2023 | 70.70% |
| Jun 30, 2023 | 70.52% |
| Mar 31, 2023 | 68.92% |
| Dec 31, 2022 | 67.37% |
| Sep 30, 2022 | 65.03% |
| Jun 30, 2022 | 67.69% |
| Mar 31, 2022 | 64.20% |
| Dec 31, 2021 | 65.58% |
| Sep 30, 2021 | 63.13% |
| Jun 30, 2021 | 63.79% |