Estée Lauder Companies

EL · Consumer Staples · Market cap $30.7B

Q2 FY26 Dec 31, 2025 reported Feb 5, 2026

Revenue$4.2B +6% year over year

Gross profit$3.2B

Operating profit$0.4B

Net profit$0.2B 4% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.2	100%	+6%
Skin Care	2.1	50%
Makeup	1.2	29%
Fragrance	0.8	19%
Hair Care	0.2	5%
Cost of revenue	−1	24%
Gross profit	3.2	76% margin	+0pp
SG&A	−2.6	62%	−2pp
Other	−0.2	5%	+0pp
Operating profit	0.4	9% margin	+24pp
Tax	−0.1
Interest & other costs	−0.1
Net profit	0.2	4%	+19pp

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Sep 30, 2025).
Item	Value	Share of revenue	Year over year
Revenue	3.5	100%	+4%
Skin Care	1.6	46%	+3%
Makeup	1	29%	−1%
Fragrance	0.7	20%	+14%
Hair Care	0.1	3%	−7%
Cost of revenue	−0.9	26%
Gross profit	2.6	73% margin	+1pp
SG&A	−2.3	66%	−2pp
Other	−0.1	3%	+0pp
Operating profit	0.2	5% margin	+8pp
Tax	−0.1
Interest & other costs	−0.1
Net profit	0	1%	+6pp

All figures in billions of U.S. dollars, for Q1 FY25 (period ends Sep 30, 2024).
Item	Value	Share of revenue	Year over year
Revenue	3.4	100%	−4%
Skin Care	1.5	44%
Makeup	1	29%
Fragrance	0.6	18%
Hair Care	0.1	3%
Cost of revenue	−0.9	26%
Gross profit	2.4	72% margin	+3pp
SG&A	−2.3	68%	+2pp
Other	−0.3	8%	+0pp
Operating profit	-0.1	-4% margin	−6pp
Interest & other costs	−0.1
Net profit	-0.2	-5%	−6pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q2 FY26	Dec 31, 2025	Feb 5, 2026	$4.2B	+6%	10%	$0.2B	4%
Q1 FY26	Jul 1 – Sep 30, 2025	Oct 30, 2025	$3.5B	+4%	6%	$0B	1%
Q1 FY25	Jul 1 – Sep 30, 2024	Oct 31, 2024	$3.4B	−4%	-3%	$-0.2B	-5%