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 | 341.94 Bn | 329.86 Bn | 10.51 Bn | 5.94 Bn |
| 2 | Unilever | 131.50 Bn | 123.41 Bn | - | - |
| 3 | Colgate Palmolive | 72.27 Bn | 71.28 Bn | 3.23 Bn | 2.08 Bn |
| 4 | Kenvue | 36.23 Bn | 36.12 Bn | 2.30 Bn | 1.52 Bn |
| 5 | Kimberly Clark | 35.62 Bn | 35.19 Bn | 1.53 Bn | - |
| 6 | Estee Lauder Companies | 28.99 Bn | 25.86 Bn | 2.84 Bn | 2.59 Bn |
| 7 | Church & Dwight | 22.75 Bn | 22.25 Bn | 681.40 Mn | 251.00 Mn |
| 8 | Clorox | 12.26 Bn | 11.23 Bn | 722.00 Mn | 256.00 Mn |
| 9 | Yatsen Holding | 6.15 Bn | 6.00 Bn | 153.20 Mn | -155.01 Mn |
| 10 | e.l.f. Beauty | 4.43 Bn | 4.14 Bn | 326.45 Mn | 319.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |