Elf Beauty (ELF) Earnings Q1 2026

Elf beauty’s The new rates on Chinese imports were affecting the bottom lines at the bottom of the cosmetic company.

In the three months ended June 30, Elf’s net income has dropped to $ 33.3 million, which is 30% below $ 47.6 million a year ago. Company, which are resources about 75% of products in ChinaRefused to provide a whole year’s revenue guide by quoting “wide range of potential results” New duties??

Instead, the company guided the first half of the financial year. In the first half of the year, the sales growth will be greater than 9% and expects to earn an adjusted earnings before interest, taxes, depreciation and or EBITDA, Elf said the margin is 20% compared to 23% in the first half of the last financial year.

In an interview CEO Tarang Amin told the CNBC, “We are working in the unstable macro environment, of course, the uncertainty of the rates is not of great benefit, so we did not make sense to guide the Tariff until more resolution on what looks like the picture looks,” CEO Tarang Amin told the CNBC in an interview. “This is the uncertainty around the rates that makes things more difficult.”

The company has already raised prices to $ 1 to offset tariff costs and work to increase its business outside the United States and diversify the supply chain.

“We have 55% of the Goods coming from China and we have planned against it,” Amin said. “So I’m just waiting for that second couple to wait, where they really leave it? I didn’t think I am glad to see the 55% rate, but it is much better than 170%, so I think we will be on a good place once our resolution is.”

Beyond the profit, Elf conquered the expectations on the upper and lower lines.

Here’s how the cosmetics company presented in comparison to the expectation of Wall Street by the LSEG analyst’s survey:

• Per share earnings: 89 St. adjusted Vs. 84 cents expected
• Revenue: $ 354 million vs. Expected to $ 350 million

The company’s net income was $ 33.3 million or 58 cents per share during the three -month period on June 30, in comparison. Except for the stock-based compensation and other non-ricking charges, the ELF made a net income of $ 51.3 million or a net of 89 cents per stock.

Sales have increased to $ 354 million, and it increased by 9% over $ 324 million a year ago. It marks it Second quarters in a row In which the revenue growth was reduced by a single digit, the company did not see from 2020.

In the last four years, the sales of Elf have steadily increased in high double digits, but after many years of external growth, the beauty range has been cooling due to the overall cooling of the beauty.

Amin said that the current quarter will improve. He pointed out that the 90% sales growth in this quarter is 50% in the year, but acknowledged in a large range-and consumer expenses are the status-state.

“Sometimes people forget how much we grow,” Amin said. “Customer status, category is still challenged. There is a lot of uncertainty on rates, inflation.”

While slowly in the first quarter of the financial year, Amin said that Nil’s data shows that the company is still taking part in the market and performing in the overall range.

An important aspect of the company’s growth comes from the Bazi Product Launch, which is often the “dups” of high -cost prestigious products. He recently launched his brilliant sign Vitamin C -E ferry serum $ 17, which is believed to be motivated by the same product of the skinsutals, which is minor in $ 185.

It also left a new sunscreen and recently closed his edit Haley Bieber’s beauty brand roadWhich will start in September in all the Safora store in the US and Canada. The effect will affect the sales of ELFs, and its launch in Safora will not be seen in its results by the end of this year.