e.l.f. Beauty layoffs, on the record
Every job cut, severance charge and restructuring e.l.f. Beauty reported in its annual reports, 2024 to 2026, quoted from the filings.
Job cuts, severance and restructuring
Our summaryThe income statement shows a restructuring expense line that was zero in fiscal 2024 and fiscal 2023 and $50 thousand in fiscal 2022.
Word for word“Restructuring expense — — 50 Operating income 149,678 68,143 29,770 Other income (expense), net 1,210 (1,875) (1,438) Impairment of equity investment (2,875) — — Interest expense, net (7,023) (2,018) (2,441) Loss on extinguishment of debt — (176) (460) Income before provision for income taxes 140,990 64,074 25,431 Income tax provision (13,327) (2,544) (3,661) Net income $ 127,663 $ 61,530 $ 21,770 Fiscal year ended March 31, (percentage of net sales) 2024 2023 2022 Net sales 100 % 100 % 100 % Cost of sales 29 % 33 % 36 % Gross profit 71 % 67 % 64 % Selling, general and administrative expenses 56 % 56 % 57 % Operating income 15 % 12 % 8 % Other income (expense), net — % — % — % Impairment of equity investment — % — % — % Interest expense, net (1) % — % (1) % Loss on extinguishment of debt — % — % — % Income before provision for income taxes 14 % 11 % 6 % Income tax provision (1) % — % (1) % Net income 12 % 11 % 6 % Comparison of the fiscal year ended March 31, 2024 to the fiscal year ended March 31, 2023 Net sales Net sales increased $445.1 million, or 77%, to $1,023.9 million in the fiscal year ended March 31, 2024, from $578.8 million in the fiscal year ended March 31, 2023.” 10-K for 2024
| Fiscal year ended | Restructuring charges |
|---|---|
| 2017-12-31 | $0 |
| 2018-12-31 | $0 |
| 2020-03-31 | −$6 million |
| 2021-03-31 | $2.6 million |
| 2022-03-31 | $50,000 |
| 2023-03-31 | $0 |
| 2024-03-31 | $0 |
e.l.f. Beauty filed 1 restructuring notice (Form 8-K, Item 2.05) since 2016. This page shows what the company reported to the SEC, not news reports or state layoff notices.
Read from e.l.f. Beauty’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-05-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.