Elf Beauty has posted strong second quarter results, with net sales surging by 51 per cent year-over-year to $520.8m in the three months ending on 30 September, 2026.
The successful results were driven by a strong performance in both retailer and e-commerce channels in the US and internationally.
The beauty brand’s adjusted EBITDA increased by 86 per cent year over year to $123.4m, which was 24 per cent of net sales.
Elf’s gross profit for the second quarter grew to $370m from the reported $239m last year. Additionally, operating income for the second quarter reached $52.4m, marking a significant increase from the $7.7m that was posted in the year prior.
There was a strong performance across various categories, with net income increasing to $30m, marking a significant rise from $3m in the previous year.
Elf Beauty chairman and CEO Tarang Amin said: “I am proud of the Elf Beauty team for delivering our 31st consecutive quarter of net sales growth, with net sales up 51 per cent driven by strength across our portfolio.
“With this momentum, we are raising our full-year net sales guidance to 22 to 24 per cent. The consistency of our results is powered by our passionate team of owners, deep engagement with our community, and democratizing access to the best of beauty.”
Elf Beauty’s first half net sales surged by 43 per cent to $1bn compared to the same period in the year prior. The company’s adjusted EBITDA grew by 90 per cent year over year to $291.6m in the first half.
Moving forward, Elf Beauty raised its financial outlook to reflect the current strong performance seen within the brand.
The beauty brand now expects full-year sales to be in the range of $2bn to $2.02bn which marks an increase from the previous forecast of $1.93bn and $1.97bn.
Additionally, Elf Beauty expects a higher adjusted EBITDA of between $421m and $427m, up from the previous forecast of $401m and $407m.
Click here to sign up to Retail Gazette‘s free daily email newsletter
