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Officials attribute the growth to strong performance in its global retailer and e-commerce channels.
August 6, 2026
By: Lianna Albrizio
ELF Beauty delivered 36% net sales growth to $479.4 million in Q1 2027.The results, reflective of the three months ended June 30, 2026 compared with the prior-year quarter, mark the Happi Top 50 Company’s 30th consecutive quarter growth over seven years.
Officials attribute the growth to strong performance in both its global retailer and e-commerce channels.
“I’m proud of the ELF Beauty team for achieving another quarter of industry-leading results,” said Tarang Amin, ELF Beauty’s chairman and CEO. “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.”
Selling, general and administrative expenses increased $84.5 million to $280.3 million. Net income was $66.6 million on a GAAP basis. As of June 30, the ELF had $344.2 million in cash and cash equivalents, and $834.2 million of total debt, as compared to $170.0 million in cash and cash equivalents and $256.7 million of total debt outstanding as of the prior year.
The updated outlook for fiscal 2027 reflects an expected 18-20% year-over-year increase in net sales, as compared to an expected 12-14% increase previously, officials said.
Read about ELF’s recent collaboration with Bubble here.
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