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

e.l.f. Beauty has reported Operating Margin for 12 years, with the latest figure at 11.2% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 2453.0% year-over-year to 11.2%; the trailing twelve-month figure through Mar 2026 stood at 4.5% (down 753.0% YoY), and the FY2026 full-year result was 4.5%, down 753.0% from the prior year.
• Operating Margin for Q1 2026 stood at 11.2%, down from 13.8% in the prior quarter.
• The five-year high for Operating Margin was 28.03% in Q2 2023, with the low at 11.2% in Q1 2026.
• Historically, Operating Margin has averaged 10.75% across 5 years, with a median of 12.57% in 2022.
• Annual changes were most pronounced in 2023 — Operating Margin jumped 1055 bps — and 2026, when it plunged 2453 bps.
• e.l.f. Beauty's Operating Margin 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.