e.l.f. Beauty (ELF) Operating Expenses (2015 - 2026)

e.l.f. Beauty (ELF) posted Operating Expenses of $319.1 million for Q1 2026, up 14.0% on a QoQ basis from $280.0 million in Q4 2025, and up 65.59% year-over-year from $192.7 million in Q1 2025.

e.l.f. Beauty (ELF) Operating Expenses (2015 - 2026) Analysis & Trends

e.l.f. Beauty's Operating Expenses history runs 12 years deep, the most recent figure standing at $319.1 million for Q1 2026.

  • Quarterly Operating Expenses rose 65.59% year-over-year to $319.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.0 billion (up 31.94% YoY) and the FY2026 annual result came in at $1.0 billion, up 31.94% from the prior year.
  • Operating Expenses was $319.1 million for Q1 2026 at e.l.f. Beauty, up from $280.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $319.1 million in Q1 2026 and bottomed at $61.6 million in Q2 2022.
  • A 5-year average of $162.7 million and a median of $180.6 million in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses surged 112.27% — and 2025, when it decreased 8.3%.
  • e.l.f. Beauty's Operating Expenses stood at $75.4 million in 2022, then jumped by 112.27% to $160.1 million in 2023, then soared by 36.28% to $218.2 million in 2024, then rose by 28.29% to $280.0 million in 2025, then increased by 14.0% to $319.1 million in 2026.
  • Business Quant data shows ELF's Operating Expenses at $319.1 million in Q1 2026, $280.0 million in Q4 2025, and $231.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Procter & Gamble 346.74 Bn 334.43 Bn 10.51 Bn 5.94 Bn
2 Unilever 134.47 Bn 123.99 Bn - -
3 Colgate Palmolive 73.63 Bn 72.29 Bn 3.23 Bn 2.08 Bn
4 Kenvue 37.34 Bn 37.24 Bn 2.30 Bn 1.52 Bn
5 Kimberly Clark 36.98 Bn 36.44 Bn 1.53 Bn -
6 Estee Lauder Companies 29.87 Bn 26.74 Bn 2.84 Bn 2.59 Bn
7 Church & Dwight 23.41 Bn 22.90 Bn 681.40 Mn 251.00 Mn
8 Clorox 11.80 Bn 10.61 Bn 722.00 Mn 256.00 Mn
9 Yatsen Holding 6.36 Bn 6.22 Bn 153.20 Mn -155.01 Mn
10 e.l.f. Beauty 4.80 Bn 4.51 Bn 326.45 Mn 319.14 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 319.14 Mn
Dec 31, 2025 279.96 Mn
Sep 30, 2025 231.14 Mn
Jun 30, 2025 195.83 Mn
Mar 31, 2025 192.72 Mn
Dec 31, 2024 218.22 Mn
Sep 30, 2024 186.14 Mn
Jun 30, 2024 180.58 Mn
Mar 31, 2024 210.17 Mn
Dec 31, 2023 160.12 Mn
Sep 30, 2023 112.19 Mn
Jun 30, 2023 91.94 Mn
Mar 31, 2023 121.08 Mn
Dec 31, 2022 75.43 Mn
Sep 30, 2022 64.18 Mn
Jun 30, 2022 61.56 Mn
Mar 31, 2022 65.31 Mn
Dec 31, 2021 55.37 Mn
Sep 30, 2021 50.54 Mn
Jun 30, 2021 50.74 Mn