e.l.f. Beauty Announces First Quarter Fiscal 2027 Results

e.l.f. Beauty announced results for the three months ended June 30, 2026.

Tarang Amin, e.l.f. Beauty’s Chairman and Chief Executive Officer, commented:

“I’m proud of the e.l.f. Beauty team for achieving another quarter of industry-leading results. In Q1, we delivered 36% net sales growth, marking our 30th consecutive quarter – over seven continuous years – of net sales growth. This consistent, category-leading growth is a testament to the strength of our team, strategy, and portfolio of brands. With the momentum we’re seeing, we’re raising our fiscal 2027 outlook to 18 to 20 percent net sales growth from 12 to 14 percent previously.”

Net sales increased 36% to $479.4 million, driven by strong performance in both our retailer and e-commerce channels, in the US and internationally.

Net income was $66.6 million on a GAAP basis. Adjusted net income was $104.6 million.

In relation to the acquisition of rhode, e.l.f. Beauty recorded a fair value adjustment of $16.1 million for the three months ended June 30, 2026, driven by the outperformance of rhode’s revenue results.