•
Dec 31, 2024

e.l.f. Q3 2025 Earnings Report

Expected Revenue:$328M
+13.5% YoY
Expected EPS:$0.76
+28.8% YoY

Key Takeaways

e.l.f. Beauty reported a strong Q3 2025 with a 31% increase in net sales and gained 220 basis points of market share in the U.S.

Net sales increased by 31% to $355.3 million.

Gross margin increased approximately 40 basis points to 71%.

Diluted earnings per share were $0.30 on a GAAP basis, while adjusted diluted earnings per share were $0.74.

The company had $73.8 million in cash and cash equivalents as of December 31, 2024.

Gross Profit
$253M
Previous year: $192M
+32.0%
Cash and Equivalents
$73.8M
Previous year: $72.7M
+1.5%
Total Assets
$1.26B
Previous year: $1.11B
+14.1%

e.l.f.

e.l.f.

Forward Guidance

Given softer than expected trends in January, the company is taking a prudent approach and lowering its outlook for the final quarter of the fiscal year. The updated outlook for fiscal 2025 reflects an expected 27-28% year-over-year increase in net sales.

Positive Outlook

  • Net sales are expected to increase by 27-28% year-over-year.

Challenges Ahead

  • Softer than expected trends in January.
  • Lowering outlook for the final quarter of the fiscal year.