e.l.f. Beauty, Inc. (ELF) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Cash from Operations | 102.46M | 59.41M | 23.41M | 27.23M | 136.1M | -14.71M | 11.17M | 1.28M | 37.02M | -17.13M | 27.92M | 23.35M | 32.88M | 25.95M | 12.47M | 30.58M | 11.69M | 7.05M | -6.72M | 7.49M |
| Operating CF Margin % | 22.8% | 12.14% | 6.81% | 7.7% | 40.91% | -4.14% | 3.71% | 0.39% | 11.53% | -6.32% | 12.95% | 10.8% | 17.55% | 17.71% | 10.19% | 24.94% | 11.12% | 7.19% | -7.31% | 7.72% |
| Operating CF Growth % | -24.72% | 503.87% | 109.66% | 2025.92% | 267.69% | 14.14% | -59.99% | -94.51% | 12.57% | -166% | 123.9% | -23.62% | 181.36% | 268.05% | 285.59% | 308.14% | -57.54% | 582.02% | 20.12% | -36.63% |
| Net Income | -49.37M | 39.38M | 3M | 33.31M | 28.25M | 17.26M | 19.02M | 47.55M | 14.53M | 26.89M | 33.27M | 52.98M | 16.25M | 19.11M | 11.71M | 14.47M | 1.56M | 6.21M | 5.72M | 8.28M |
| Depreciation & Amortization | 26.33M | 21.55M | 18.29M | 13.19M | 13.22M | 7.1M | 12.67M | 11.13M | 11.67M | 8.13M | 6.67M | 5.64M | 5.67M | 5.42M | 5.35M | 5.72M | 6.77M | 6.97M | 7.13M | 6.22M |
| Stock-Based Compensation | 17.7M | 29.87M | 29.48M | 9.87M | 14.84M | 22.34M | 21.65M | 12.96M | 11.17M | 11.04M | 11.22M | 7.2M | 7.28M | 7.26M | 8.03M | 6.54M | 5.05M | 5.21M | 5.11M | 4.28M |
| Deferred Taxes | -18.58M | -3.66M | 4.5M | 14.22M | 4.6M | -5.48M | -3.78M | 5.11M | -1.59M | -2.84M | -954K | 2.11M | -4.58M | -2.86M | -2.9M | 3.94M | -3.3M | -2.04M | -2.64M | 4.27M |
| Other Non-Cash Items | 210.81M | 3.21M | -41.9M | 3.89M | 2.17M | -170.09M | 283K | 11K | 2.5M | 32.82M | 224K | 1.87M | 255K | 289K | 45K | 112K | 111K | 279K | 349K | 661K |
| Working Capital Changes | -84.43M | -30.95M | 10.05M | -47.24M | 73.03M | 114.16M | -38.67M | -75.49M | -1.25M | -93.17M | -22.52M | -46.44M | 8.01M | -3.26M | -9.77M | -214K | 1.51M | -9.58M | -22.39M | -16.22M |
| Change in Receivables | 15.11M | -35.57M | 49.13M | -46.17M | 62.33M | -43.85M | 10.59M | -31.82M | -3.72M | -27.07M | 3.8M | -22.61M | -1.81M | -12.32M | -1.57M | -6.73M | 1.61M | -2.84M | -1.4M | -2.97M |
| Change in Inventory | -78K | 26.62M | -37.9M | 18.68M | 28.53M | 21.42M | -37M | -8.07M | 12.97M | -40.99M | -49.17M | -16.73M | -74K | 38K | -10.95M | 14.16M | 735K | -8.43M | -22.28M | 2.32M |
| Change in Payables | 65.48M | -14.55M | 25.9M | -1.54M | -17.71M | -5.69M | 8.29M | -3.11M | -3.52M | 0 | 0 | 0 | 46.44M | 0 | 0 | -3.44M | 0 | 0 | 0 | -7.42M |
| Cash from Investing | -2.3M | -7.94M | -587.45M | -7.56M | -11.36M | -5.24M | -1.62M | -879K | -3.7M | -279.49M | -849K | -616K | -76K | -953K | -453K | -241K | -222K | -947K | -1.31M | -2.34M |
| Capital Expenditures | -1.89M | -6.62M | -6.85M | -7.09M | -11.06M | -5.05M | -1.62M | -786K | -2.67M | -4.52M | -849K | -616K | -76K | -953K | -453K | -241K | -222K | -947K | -1.31M | -2.34M |
| CapEx % of Revenue | 0.42% | 1.35% | 1.99% | 2.01% | 3.32% | 1.42% | 0.54% | 0.24% | 0.83% | 1.67% | 0.39% | 0.28% | 0.04% | 0.65% | 0.37% | 0.2% | 0.21% | 0.97% | 1.43% | 2.41% |
| Acquisitions | 0 | -1.08M | -580.6M | 0 | 0 | 0 | 0 | 0 | 0 | -274.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -413K | -240K | 0 | -464K | -299K | -185K | 0 | -93K | -1.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -7M | -53.96M | 594.76M | 121K | -50.17M | -2.3M | -22.38M | 408K | -106K | 203.87M | -1.85M | -967K | 951K | -23.3M | 1.05M | -1.44M | -1M | -14.91M | -13.68M | 478K |
| Debt Issued (Net) | 0 | -7.5M | 593.11M | 0 | -221K | -2.69M | -5.38M | 0 | -2.69M | -2.69M | -1.25M | -1.25M | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -46.46M | 1.65M | 121K | -49.95M | 384K | -17.54M | 464K | 2.67M | 0 | 265K | 485K | - | - | - | - | - | - | - | - |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -49.99M | 0 | 0 | -49.99M | 0 | -17.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -7M | 0 | 0 | 0 | 0 | 1K | 531K | -56K | -87K | 206.56M | -868K | -202K | -200K | -197K | -197K | -194K | -192K | -192K | -188K | 50.79M |
| Net Change in Cash | 92.86M | -2.58M | 29.37M | 21.34M | 74.85M | -22.92M | -12.27M | 851K | 33.23M | -92.81M | 25.21M | 21.77M | 33.76M | 1.7M | 13.07M | 28.89M | 10.46M | -8.8M | -21.71M | 5.63M |
| Free Cash Flow | 100.57M | 52.78M | 16.57M | 20.14M | 125.04M | -19.76M | 9.54M | 495K | 34.34M | -21.65M | 27.07M | 22.74M | 32.81M | 25M | 12.02M | 30.34M | 11.46M | 6.11M | -8.03M | 5.16M |
| FCF Margin % | 22.38% | 10.78% | 4.82% | 5.69% | 37.59% | -5.56% | 3.17% | 0.15% | 10.69% | -7.99% | 12.56% | 10.51% | 17.51% | 17.06% | 9.82% | 24.74% | 10.9% | 6.22% | -8.74% | 5.31% |
| FCF Growth % | -19.57% | 367.12% | 73.56% | 3968.28% | 264.13% | 8.73% | -64.74% | -97.82% | 4.68% | -186.59% | 125.28% | -25.05% | 186.14% | 309.53% | 249.61% | 488.38% | -54.16% | 328.22% | 19.7% | -51.67% |
| FCF per Share | 1.68 | 0.88 | 0.28 | 0.35 | 2.14 | -0.34 | 0.16 | 0.01 | 0.59 | -0.37 | 0.47 | 0.40 | 0.58 | 0.45 | 0.22 | 0.56 | 0.21 | 0.11 | -0.15 | 0.10 |
| FCF Conversion (FCF/Net Income) | -4.86x | 1.51x | 7.82x | 0.82x | 4.82x | -0.85x | 0.59x | 0.03x | 2.55x | -0.64x | 0.84x | 0.44x | 2.02x | 1.36x | 1.06x | 2.11x | 7.51x | 1.13x | -1.17x | 0.91x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |