The Estée Lauder Companies Inc. (EL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q4'21 |
|---|
| Sales/Revenue | 3.71B | 4.24B | 3.48B | 3.41B | 3.55B | 4B | 3.36B | 3.87B | 3.94B | 4.28B | 3.52B | 3.61B | 3.75B | 4.62B | 3.93B | 3.56B | 4.25B | 5.54B | 4.39B | 3.94B |
| Revenue Growth % | 4.56% | 5.84% | 3.57% | -11.99% | -9.9% | -6.43% | -4.46% | 7.26% | 5.04% | -7.38% | -10.48% | 1.35% | -11.64% | -16.59% | -10.52% | -9.53% | 9.86% | 14.14% | 23.3% | 61.98% |
| Cost of Goods Sold | 876M | 994M | 927M | 955M | 889M | 957M | 928M | 1.09B | 1.11B | 1.15B | 1.07B | 1.16B | 1.16B | 1.22B | 1.02B | 1.03B | 994M | 1.22B | 1.06B | 986M |
| COGS % of Revenue | 23.6% | 23.45% | 26.63% | 28.03% | 25.04% | 23.9% | 27.61% | 28.24% | 28.1% | 26.97% | 30.41% | 32.23% | 30.9% | 26.39% | 26.03% | 28.95% | 23.42% | 22.08% | 24.07% | 25.05% |
| Gross Profit | 2.84B | 3.24B | 2.55B | 2.46B | 2.66B | 3.05B | 2.43B | 2.78B | 2.83B | 3.13B | 2.45B | 2.45B | 2.59B | 3.4B | 2.91B | 2.53B | 3.25B | 4.32B | 3.33B | 2.95B |
| Gross Margin % | 76.4% | 76.55% | 73.37% | 72.09% | 74.96% | 76.1% | 72.39% | 71.76% | 71.9% | 73.03% | 69.58% | 67.77% | 69.1% | 73.61% | 73.97% | 71.05% | 76.58% | 77.92% | 75.93% | 74.95% |
| Gross Profit Growth % | 6.58% | 6.47% | 4.97% | -11.59% | -6.07% | -2.5% | -0.61% | 13.57% | 9.3% | -8.12% | -15.79% | -3.32% | -20.27% | -21.2% | -12.83% | -14.24% | 11.15% | 14.51% | 21.85% | 77.39% |
| Operating Expenses | 2.28B | 2.66B | 2.38B | 2.44B | 2.35B | 3.63B | 2.55B | 3.01B | 2.3B | 2.55B | 2.35B | 2.45B | 2.29B | 2.85B | 2.25B | 2.45B | 2.51B | 2.9B | 2.4B | 2.72B |
| OpEx % of Revenue | 61.4% | 62.69% | 68.51% | 71.73% | 66.34% | 90.58% | 75.99% | 77.78% | 58.43% | 59.62% | 66.8% | 67.91% | 61.18% | 61.58% | 57.15% | 68.83% | 59.2% | 52.32% | 54.64% | 69% |
| Selling, General & Admin | 2.28B | 2.63B | 2.3B | 2.44B | 2.26B | 2.58B | 2.3B | 2.44B | 2.28B | 2.54B | 2.35B | 2.42B | 2.28B | 2.63B | 2.24B | 2.33B | 2.27B | 2.88B | 2.39B | 2.61B |
| SG&A % of Revenue | 61.4% | 61.99% | 65.96% | 71.73% | 63.61% | 64.56% | 68.37% | 63.14% | 57.97% | 59.45% | 66.77% | 67.05% | 60.81% | 56.93% | 57.1% | 65.54% | 53.59% | 52.09% | 54.51% | 66.31% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 360M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | 9.3% | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 249M | 587M | 169M | 8M | 306M | -580M | -121M | -233M | 531M | 574M | 98M | -5M | 297M | 556M | 661M | 79M | 738M | 1.42B | 935M | 234M |
| Operating Margin % | 6.71% | 13.85% | 4.85% | 0.23% | 8.62% | -14.49% | -3.6% | -6.02% | 13.48% | 13.41% | 2.79% | -0.14% | 7.92% | 12.03% | 16.82% | 2.22% | 17.39% | 25.6% | 21.29% | 5.95% |
| Operating Income Growth % | -18.63% | 201.21% | 239.67% | 103.43% | -42.37% | -201.05% | -223.47% | -4560% | 78.79% | 3.24% | -85.17% | -106.33% | -59.76% | -60.79% | -29.3% | -66.24% | 19.81% | 33.4% | 32.62% | 143.09% |
| EBITDA | 249M | 782M | 369M | 229M | 510M | -373M | 87M | -22M | 737M | 779M | 301M | 191M | 486M | 737M | 839M | 260M | 920M | 1.6B | 1.12B | 410M |
| EBITDA Margin % | 6.71% | 18.45% | 10.6% | 6.72% | 14.37% | -9.32% | 2.59% | -0.57% | 18.71% | 18.21% | 8.56% | 5.29% | 12.96% | 15.95% | 21.35% | 7.3% | 21.67% | 28.87% | 25.46% | 10.42% |
| EBITDA Growth % | -51.18% | 309.65% | 324.14% | 1140.91% | -30.8% | -147.88% | -71.1% | -111.52% | 51.65% | 5.7% | -64.12% | -26.54% | -47.17% | -53.91% | -24.96% | -36.59% | 18.71% | 30.74% | 29.85% | 208.18% |
| D&A (Non-Cash Add-back) | 0 | 195M | 200M | 221M | 204M | 207M | 208M | 211M | 206M | 205M | 203M | 196M | 189M | 181M | 178M | 181M | 182M | 181M | 183M | 176M |
| EBIT | 0 | 587M | 195M | -344M | 328M | -560M | -88M | -188M | 580M | 617M | 141M | 51M | 338M | 584M | 679M | 90M | 744M | 1.43B | 939M | 1.09B |
| Net Interest Income | 0 | -61M | -56M | -106M | -60M | -67M | -57M | -50M | -49M | -58M | -54M | -46M | -21M | -26M | -31M | -31M | -36M | -32M | -38M | -31M |
| Interest Income | 15M | 21M | 30M | 29M | 27M | 23M | 35M | 41M | 45M | 40M | 41M | 53M | 37M | 26M | 15M | 11M | 5M | 10M | 4M | 11M |
| Interest Expense | 82M | 82M | 86M | 135M | 87M | 90M | 92M | 91M | 94M | 98M | 95M | 99M | 58M | 52M | 46M | 42M | 41M | 42M | 42M | 42M |
| Other Income/Expense | -70M | -254M | -60M | -459M | -65M | -70M | -59M | -46M | -45M | -55M | -52M | -43M | -17M | -24M | -28M | -31M | -35M | -30M | -38M | 816M |
| Pretax Income | 179M | 333M | 109M | -451M | 241M | -650M | -180M | -279M | 486M | 519M | 46M | -48M | 280M | 532M | 633M | 48M | 703M | 1.39B | 897M | 1.05B |
| Pretax Margin % | 4.82% | 7.86% | 3.13% | -13.24% | 6.79% | -16.23% | -5.36% | -7.21% | 12.34% | 12.13% | 1.31% | -1.33% | 7.46% | 11.52% | 16.11% | 1.35% | 16.56% | 25.06% | 20.42% | 26.68% |
| Income Tax | 90M | 171M | 62M | 95M | 82M | -60M | -24M | 7M | 151M | 195M | 10M | -16M | 125M | 135M | 143M | -2M | 130M | 298M | 202M | 35M |
| Effective Tax Rate % | 50.28% | 51.35% | 56.88% | -21.06% | 34.02% | 9.23% | 13.33% | -2.51% | 31.07% | 37.57% | 21.74% | 33.33% | 44.64% | 25.38% | 22.59% | -4.17% | 18.49% | 21.47% | 22.52% | 3.33% |
| Net Income | 89M | 162M | 47M | -546M | 159M | -590M | -156M | -284M | 330M | 313M | 31M | -33M | 156M | 394M | 489M | 52M | 558M | 1.09B | 692M | 1.02B |
| Net Margin % | 2.4% | 3.82% | 1.35% | -16.03% | 4.48% | -14.74% | -4.64% | -7.34% | 8.38% | 7.31% | 0.88% | -0.91% | 4.16% | 8.53% | 12.44% | 1.46% | 13.14% | 19.64% | 15.76% | 25.86% |
| Net Income Growth % | -44.03% | 127.46% | 130.13% | -92.25% | -51.82% | -288.5% | -603.23% | -760.61% | 111.54% | -20.56% | -93.66% | -163.46% | -72.04% | -63.79% | -29.34% | -94.89% | 22.37% | 24.63% | 32.31% | 320.35% |
| Net Income (Continuing) | 89M | 162M | 47M | -546M | 159M | -590M | -156M | -286M | 335M | 324M | 36M | -32M | 155M | 397M | 490M | 50M | 573M | 1.09B | 695M | 1.01B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 840M | 850M | 826M | 832M | 819M | 819M | 808M | 842M | 901M | 874M | 876M | 891M |
| EPS (Diluted) | 0.24 | 0.44 | 0.13 | -1.51 | 0.44 | -1.64 | -0.43 | -0.79 | 0.91 | 0.87 | 0.09 | -0.09 | 0.43 | 1.09 | 1.35 | 0.14 | 1.53 | 2.97 | 1.88 | 2.76 |
| EPS Growth % | -45.45% | 126.83% | 130.23% | -91.14% | -51.65% | -288.51% | -600% | -757.76% | 111.63% | -20.18% | -93.63% | -165.79% | -71.9% | -63.3% | -28.19% | -94.93% | 23.39% | 25.32% | 32.39% | 315.63% |
| EPS (Basic) | 0.25 | 0.45 | 0.13 | -1.51 | 0.44 | -1.64 | -0.43 | -0.79 | 0.92 | 0.87 | 0.09 | -0.09 | 0.44 | 1.10 | 1.37 | 0.15 | 1.55 | 3.02 | 1.91 | 2.81 |
| Diluted Shares Outstanding | 365.4M | 364.8M | 363.3M | 360.7M | 361.4M | 360M | 359.6M | 359.4M | 360.8M | 360M | 360.5M | 358.3M | 361.2M | 360.4M | 361.4M | 361.6M | 363.6M | 366M | 367.9M | 368.5M |
| Basic Shares Outstanding | 362.7M | 362.1M | 361.2M | 360.7M | 360.3M | 360M | 359.6M | 359.4M | 359.1M | 358.7M | 358.4M | 358.3M | 357.9M | 357.7M | 357.9M | 357.9M | 359.2M | 360.6M | 362.2M | 362.9M |
| Dividend Payout Ratio | - | 79.01% | 270.21% | - | 79.25% | - | - | - | 71.52% | 76.04% | 761.29% | - | 151.28% | 59.9% | 43.97% | 415.38% | 38.53% | 19.94% | 27.75% | 18.86% |