Beauty Industry

E.l.f. Beauty Announces First Quarter Fiscal 2026 Results

Net sales increased 9% to $353.7 million, primarily driven by strength in retailer and e-commerce channels, in the U.S. and internationally.

August 7, 2025

By: Rachel Klemovitch

Assistant Editor

E.l.f. Beauty announced the results for the three months ended June 30, 2025.

Tarang Amin, e.l.f. Beauty’s Chairman and CEO, said,

“Our strong Q1 results, including 210 basis points of market share gains, are a continuation of the consistent, category-leading growth we’ve delivered over the past 26 quarters. The combination of our value proposition, powerhouse innovation, and disruptive marketing engine continue to fuel our results.”

Compared to last year, net sales increased 9% to $353.7 million, primarily driven by strength in retailer and e-commerce channels, in the US and internationally.

Net income was $33.3 million on a GAAP basis. Adjusted net income was $51.3 million, and other income, net increased $4.9 million to $5.0 million.

After the quarter end, on August 5, 2025, the company consummated the acquisition of Hailey Bieber’s Rhode beauty for $800.0 million at closing, subject to customary adjustments.

The deal includes $600.0 million in cash, funded via Term Loan, and $200.0 million of stock, with potential earnout consideration of up to $200.0 million based on the future growth of the brand over a three-year timeframe.