E.l.f. Beauty Stock Jumps on Earnings Beat & Raised Guidance

E.l.f. Beauty reported significant financial results for its third fiscal quarter, exceeding analyst expectations and prompting a surge in its stock price. The company announced its earnings on Wednesday, February 4, 2026 and subsequently raised its guidance for the full fiscal year.

Strong Third Quarter Performance

E.l.f. Beauty’s adjusted earnings per share reached $1.24, significantly higher than the $0.72 expected by analysts. Revenue for the quarter totaled $490 million, also surpassing expectations of $460 million. Net sales increased by 38% to $489.5 million, compared to $355 million in the same period last year. Adjusted net income rose to $74.5 million, up from $43 million year-over-year.

Did You Know? E.l.f. Beauty has delivered consistent, category-leading growth for the past 28 quarters.

Rhode Acquisition Boosts Results

The recent acquisition of Hailey Bieber’s skincare company, Rhode, played a key role in the company’s success. Rhode contributed $128 million to E.l.f. Beauty’s net third-quarter sales. The company now projects Rhode will contribute up to $265 million in net sales for the full fiscal year, an increase of $65 million from previous forecasts.

Revised Outlook

Based on its strong performance, E.l.f. Beauty increased its revenue outlook for the full fiscal year by a range of $42 million to $50 million. This positive revision reflects the company’s confidence in its continued growth trajectory.

Expert Insight: The successful integration of Rhode and the continued growth of the e.l.f. Cosmetics brand demonstrate the company’s effective strategy of acquiring and nurturing brands with strong consumer appeal. This approach positions E.l.f. Beauty for sustained success in a competitive market.

According to CEO Tarang Amin, the company’s results reflect gains in market share for its e.l.f. Cosmetics brand, specifically 130 basis points, and a successful launch of Rhode in Sephora in the U.K. Amin stated that the company’s “value proposition, powerhouse innovation and disruptive marketing engine continue to fuel our brands.”

Frequently Asked Questions

What was E.l.f. Beauty’s revenue for the third fiscal quarter?

E.l.f. Beauty’s revenue for the third fiscal quarter was $490 million.

How much did Rhode contribute to net sales in the third quarter?

Rhode contributed $128 million to E.l.f. Beauty’s net third-quarter sales.

What is E.l.f. Beauty’s updated revenue outlook for the full fiscal year?

E.l.f. Beauty increased its revenue outlook by a range of $42 million to $50 million.

How might continued innovation and strategic acquisitions shape E.l.f. Beauty’s future in the evolving beauty market?