e.l.f. Beauty (ELF) Operating Margin (2015 - 2026)
e.l.f. Beauty's (ELF) quarterly Operating Margin came in at 11.2% in Q1 2026, down 2453.0% YoY from 0.48% in Q1 2025, and down 181.19% on a QoQ basis from 13.8% in Q4 2025.
e.l.f. Beauty (ELF) Operating Margin (2015 - 2026) Analysis & Trends
e.l.f. Beauty (ELF) has 12 years of Operating Margin data on file, last reported at 11.2% in Q1 2026.
- Quarterly Operating Margin fell 2453.0% year-over-year to 11.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.5% (down 753.0% YoY) and the FY2026 annual result came in at 4.5%, down 753.0% from the prior year.
- Operating Margin slipped to 11.2% in Q1 2026, from 13.8% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 28.03% in Q2 2023 to a low of 11.2% in Q1 2026.
- A 5-year average of 10.75% and a median of 12.57% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin jumped 1055 bps — and 2026, when it plunged 2453 bps.
- Tracing ELF's Operating Margin over 5 years: stood at 15.89% in 2022, then retreated by 26 bps to 11.75% in 2023, then declined by 16 bps to 9.87% in 2024, then jumped by 40 bps to 13.8% in 2025, then plunged by 181 bps to 11.2% in 2026.
- The last three Operating Margin figures came in at 11.2% (Q1 2026), 13.8% (Q4 2025), and 2.24% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | 18.63% |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 18.95% |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | 17.67% |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | 15.11% |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 6.71% |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 18.07% |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 24.33% |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | -0.92% |
| 10 | e.l.f. Beauty | 5.48 Bn | 5.13 Bn | 398.84 Mn | 21.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.37% |
| Mar 31, 2026 | -11.20% |
| Dec 31, 2025 | 13.80% |
| Sep 30, 2025 | 2.24% |
| Jun 30, 2025 | 13.77% |
| Mar 31, 2025 | 13.32% |
| Dec 31, 2024 | 9.87% |
| Sep 30, 2024 | 9.27% |
| Jun 30, 2024 | 15.63% |
| Mar 31, 2024 | 5.30% |
| Dec 31, 2023 | 11.75% |
| Sep 30, 2023 | 18.64% |
| Jun 30, 2023 | 28.03% |
| Mar 31, 2023 | 4.29% |
| Dec 31, 2022 | 15.89% |
| Sep 30, 2022 | 12.57% |
| Jun 30, 2022 | 17.48% |
| Mar 31, 2022 | 2.08% |
| Dec 31, 2021 | 9.14% |
| Sep 30, 2021 | 8.10% |