e.l.f. Beauty (ELF) Operating Expenses (2015 - 2026)
e.l.f. Beauty's (ELF) quarterly Operating Expenses came in at $319.1 million in Q1 2026, up 65.59% YoY from $192.7 million in Q1 2025, and up 14.0% on a QoQ basis from $280.0 million in Q4 2025.
e.l.f. Beauty (ELF) Operating Expenses (2015 - 2026) Analysis & Trends
e.l.f. Beauty (ELF) has 12 years of Operating Expenses data on file, last reported at $319.1 million in 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 climbed to $319.1 million in Q1 2026, from $280.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $319.1 million in Q1 2026 to a low of $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 declined 8.3%.
- Tracing ELF's Operating Expenses over 5 years: stood at $75.4 million in 2022, then surged by 112.27% to $160.1 million in 2023, then jumped by 36.28% to $218.2 million in 2024, then grew by 28.29% to $280.0 million in 2025, then climbed by 14.0% to $319.1 million in 2026.
- The last three Operating Expenses figures came in at $319.1 million (Q1 2026), $280.0 million (Q4 2025), and $231.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 6.33 Bn |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 2.13 Bn |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 1.60 Bn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 2.59 Bn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 252.20 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 330.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -155.01 Mn |
| 10 | e.l.f. Beauty | 5.48 Bn | 5.13 Bn | 398.84 Mn | 280.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 280.32 Mn |
| 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 |