
e.l.f. Beauty, Inc.
ELFFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
3/31/2025
Revenue
1,314
Cost of Revenue
378
Gross Profit
936
Gross Margin
71.2%
Operating Income
158
Operating Margin
12.0%
Net Income
112
Net Margin
8.5%
EPS (Basic)
$1.99
EPS (Diluted)
$1.92
EBITDA
206
EBITDA Margin
15.7%
2024
3/31/2024
Revenue
1,024
Cost of Revenue
300
Gross Profit
724
Gross Margin
70.7%
Operating Income
150
Operating Margin
14.6%
Net Income
128
Net Margin
12.5%
EPS (Basic)
$2.33
EPS (Diluted)
$2.21
EBITDA
183
EBITDA Margin
17.8%
2023
3/31/2023
Revenue
579
Cost of Revenue
188
Gross Profit
390
Gross Margin
67.4%
Operating Income
68
Operating Margin
11.8%
Net Income
62
Net Margin
10.6%
EPS (Basic)
$1.17
EPS (Diluted)
$1.11
EBITDA
85
EBITDA Margin
14.7%
2022
3/31/2022
Revenue
392
Cost of Revenue
140
Gross Profit
252
Gross Margin
64.2%
Operating Income
30
Operating Margin
7.6%
Net Income
22
Net Margin
5.6%
EPS (Basic)
$0.43
EPS (Diluted)
$0.41
EBITDA
55
EBITDA Margin
13.9%
2021
3/31/2021
Revenue
318
Cost of Revenue
112
Gross Profit
206
Gross Margin
64.8%
Operating Income
9
Operating Margin
3.0%
Net Income
6
Net Margin
2.0%
EPS (Basic)
$0.13
EPS (Diluted)
$0.12
EBITDA
32
EBITDA Margin
10.1%