Coty Reports High Q4 & Fiscal 2026 Financial Results

Coty announced its results for the fourth quarter of fiscal year 2026, ended June 30, 2026. 

Coty delivered Q4 and FY26 sales, profit, and cash flow ahead of expectations, supported by cost control and the convergence of sales and sell-out.

Markus Strobel, Executive Chairman and Interim Chief Executive Officer, commented:

“We closed FY26 on a stronger note, delivering sales and profit ahead of our targets, growing free cash flow even in the face of business headwinds, all while establishing a clear strategic framework and taking decisive action to steadily strengthen our core business in FY27 and beyond.”

Q4 Results

Overall net revenues reached $1,269.2 million, increased 1% on a reported basis and included a 3% benefit from foreign exchange (FX). On a LFL basis, net revenues declined 1%, which included an estimated 1% headwind from the conflict in the Middle East.

Prestige net revenues were $771.8 million, representing 61% of Coty’s total sales. This increased 1% on a reported basis and included a 2% benefit from FX. On a LFL basis, Prestige net revenues declined 0.5%, which included an estimated 1.5% headwind from the conflict in the Middle East.

Lastly, Consumer Beauty net revenues reached $497.4 million, representing 39% of the Company’s total sales. This increased 1% on a reported basis and included a 4% benefit from FX. On a LFL basis, Consumer Beauty net revenues declined 3%, which included an estimated 1% headwind from the conflict in the Middle East.

Strobel added: 

“Our Coty.Curated strategic framework has entered the execution phase, with tangible actions already taken and further progress ahead. We began rightsizing our commercial organization and Consumer Beauty R&D and global brand marketing functions to enhance agility and accountability. We have also incorporated concrete market share targets into our global incentive program. Our FY27 big bets have been identified, and we will support them with amplified advocacy and consumer engagement programs, while also optimizing the visibility and recommendation of our brands across AI platforms. In Consumer Beauty color cosmetics, we are simplifying the innovation calendar and SKU base, and shifting resources toward fewer, higher-impact launches and proven hero products. We will execute these actions with discipline to minimize the impact on sales.”

Fiscal 2026 Results

Net revenues were $5,806.6 million, a decrease of 2% and included a 4% benefit from FX. On a LFL basis, net revenues decreased 5%.

Prestige net revenues reached $3,805.8 million, representing 66% of Coty’s total sales. From last year, this decreased slightly on a reported basis and decreased 4% on a LFL basis.

Consumer Beauty net revenues reached $2,000.8 million, representing 34% of Coty’s total sales, and decreased 3% on a reported basis and 7% on a LFL basis.

Strobel concluded:

“In sum, our Q4 results provide early signs of stabilization, although the recovery will not be linear. FY27 will be a transition year as we strengthen our core business and continue shaping a simpler, more focused Coty, factoring in both the Gucci exit by FY28 and final portfolio decisions related to our strategic review of Consumer Beauty by the end of CY26. We have important strengths to build on, including leading brands, strong category positions, solid cash generation, and a differentiated end-to-end global platform. We are confident that our focused Coty.Curated framework will unlock Coty’s significant potential and steadily translate into shareholder value in the years ahead.”