e.l.f. Beauty (ELF) Gross Margin (2015 - 2026)
e.l.f. Beauty's (ELF) quarterly Gross Margin came in at 83.2% in Q2 2026, up 1407.0% on a YoY basis from 5.52% in Q2 2025, and up 14.51% quarter-over-quarter from 72.66% in Q1 2026.
Analysis
e.l.f. Beauty (ELF) Gross Margin (2015 - 2026) Analysis & Trends
e.l.f. Beauty (ELF) has reported Gross Margin for 12 consecutive years, with 83.2% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 1407.0% year-over-year to 83.2%; the trailing twelve-month figure through Jun 2026 stood at 74.44% (up 377.0% YoY), and the FY2026 full-year result was 70.72%, down 51.0% from the prior year.
- Gross Margin improved to 83.2% in Q2 2026 per ELF's latest filing, from 72.66% in the prior quarter.
- Across five years, Gross Margin topped out at 83.2% in Q2 2026 and bottomed at 64.2% in Q1 2022.
- Historically, Gross Margin has averaged 70.35% across 5 years, with a median of 70.72% in 2023.
- The sharpest annual moves came in 2025 and 2026: Gross Margin plunged 215 bps in 2025, then surged 1407 bps in 2026.
- Over 5 years, 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 rose by 17 bps to 83.2% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 83.2%, 72.66%, and 70.99% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Estee Lauder Companies | 35.87 Bn | 32.37 Bn | 2.74 Bn | 75.46% |
| 2 | e.l.f. Beauty | 6.00 Bn | 5.66 Bn | 398.84 Mn | 83.20% |
| 3 | Interparfums | 3.53 Bn | 3.32 Bn | 223.53 Mn | 65.54% |
| 4 | Coty | 2.33 Bn | 2.16 Bn | 772.70 Mn | 60.88% |
| 5 | Olaplex Holdings | 1.39 Bn | 1.06 Bn | 71.66 Mn | 72.12% |
| 6 | Oddity Tech | 850.93 Mn | 555.22 Mn | 137.97 Mn | 69.70% |
| 7 | Betterware De Mexico, S.A.P.I. De C.V | 573.93 Mn | 543.72 Mn | 156.58 Mn | 65.49% |
| 8 | Yatsen Holding | 260.76 Mn | 106.43 Mn | 124.36 Mn | 73.88% |
| 9 | Nu Skin Enterprises | 230.83 Mn | 39.45 Mn | 218.33 Mn | 68.20% |
| 10 | Pitanium | 207.93 Mn | -2.70 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.20% |
| 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% |