Flagship explainer
How e.l.f. Beauty, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $1.6B | 100% |
| |
| Cost of revenue | $479M | 29% |
|
| $1.2B | 71% |
| |
| $73.6M | 4% |
| |
| Income before tax | $40.5M | 2% |
|
| Income tax | $14.1M | 1% |
|
| $26.3M | 2% |
|
Source:
- SEC filing · FY 2026Filing detailsAccession 0001600033-26-000020