elf Beauty Inc. 2026年季度报告

SECURITIES AND EXCHANGE COMMISSION (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934For the Quarterly Period Ended December 31, 2025 e.l.f. Beauty, Inc. (Exact name of registrant as specified in its charter) 46-4464131(I.R.S. EmployerIdentification No.) Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934: Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, par value $0.01 per shareELF Indicate by check mark whether the registrant (1)hasfiled all reports required to befiled by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required tofile such reports), and (2)has been subject to Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smaller reporting company,or an emerging growth company. See the definitions of “large acceleratedfiler,” “acceleratedfiler,” “smaller reporting company,” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. Large acceleratedfilerNon- acceleratedfiler If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revisedfinancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒No The number of shares of the registrant’s common stock, par value $0.01 per share, outstanding as of January29, 2026 was 59,052,239 shares. CAUTIONARY NOTE ABOUT FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Quarterly Report”) contains forward-looking statements within the meaning of the federalsecurities laws concerning our business, operations andfinancial performance and condition, as well as our plans, objectives andexpectations for our business operations andfinancial performance and condition. Any statements contained herein that are notstatements of historical facts may be deemed to be forward-looking statements. In some cases, you can identify forward-lookingstatements by terminology such as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “due,” “estimate,”“expect,” “goal,” “intend,” “may,” “objective,” “plan,” “predict,” “potential,” “positioned,” “seek,” “should,” “target,” “will,” “would” andother similar expressions that are predictions of or indicate future events and future trends, or the negative of these terms or othercomparable terminology. These forward-looking statements are based on management's current expectations, estimates, forecasts andprojections about our business and the industry in which we operate and management’s beliefs and assumptions and are not guarantees SUMMARY OF MATERIAL RISKS ASSOCIATED WITH OUR BUSINESS The principal risks and uncertainties affecting our business include the following: operations.•Our success depends, in part, on the quality, performance and safety of our products. •We may not be able to successfully implement our growth strategy. •Our growth and profitability are dependent on a number of factors, and our historical growth may not be indicative of our A disruption in our operations, including a disruption in the supply chain for our products, could materially and adversely affectour business. requirements, which could harm our brands, cause consumer dissatisfaction, and require us tofind alternative suppliers of ourproducts or services. Adverse economic conditions in the United States or any of the other countries in which we conduct significant business could •We depend on a limited number of retailers for a large portion of our net sales, and the loss of one or more of these retailers,or business challenges at one or more of these retailers, could adversely affect our results of operations. •We are subject to international business uncertainties. •If we are unable to protect our intellectual property, the value of our brands and other intangible assets may be diminished,and our business may be adversely affected. •Our success depends on our ability to operate our business without infringing, misappropriating or otherwise violating thetrademarks, patents, copyrights and other proprietary rights of third parties. The summary risk factors described above should be read together with the text of the full risk factors below in the section titled “Riskfactors” and the other information set forth in this Quarterly Report, including our unaudited condensed consolidat