e.l.f. Beauty, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $66.6M | $-49.4M | $39.4M | $3.0M | $33.3M | $28.3M | $17.3M | $19.0M |
| Depreciation & Amortization | $26.1M | $26.3M | $21.6M | $18.3M | $13.2M | $13.2M | $11.6M | $10.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $11.1M | $11.2M | $11.1M | $8.9M | $4.3M | $4.5M | $4.3M | $4.3M |
| Stock-Based Compensation | $19.7M | $17.7M | $29.9M | $29.5M | $9.9M | $14.8M | $22.3M | $21.6M |
| Net Cash from Operating Activities | $111.7M | $102.5M | $59.4M | $23.4M | $27.2M | $136.1M | $-14.7M | $11.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.4M | $1.9M | $6.6M | $6.8M | $7.1M | $11.1M | $5.1M | $1.6M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.7M | $-2.3M | $-7.9M | $-587.5M | $-7.6M | $-11.4M | $-5.2M | $-1.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $50.0M | $0 | $50.0M | $0 | $0 | — | — | — |
| Net Cash from Financing Activities | $-55.5M | $-7.0M | $-54.0M | $594.8M | $121.0K | $-50.2M | $-2.3M | $-22.4M |
| Net Change in Cash | $54.6M | $92.9M | $-2.6M | $29.4M | $21.3M | $74.8M | $-22.9M | $-12.3M |
| Free Cash Flow | $110.2M | $100.6M | $52.8M | $16.6M | $20.1M | $125.0M | $-19.8M | $9.5M |