e.l.f. Beauty reported its results for the three and six months ended September 30, 2025. For the second quarter, adjusted diluted earnings per share were $0.68, with GAAP diluted earnings per share at $0.05. Adjusted net income reached $40.7 million, while GAAP net income was $3.0 million. Adjusted EBITDA was $66.2 million, representing 19% of net sales, down 4% year over year. For the six-month period, adjusted diluted earnings per share were $1.57, with GAAP diluted earnings per share at $0.62. Adjusted net income was $92.1 million, and GAAP net income was $36.3 million. Adjusted EBITDA totaled $153.3 million, or 22% of net sales, up 4% year over year. As of September 30, 2025, the company reported $194.4 million in cash and cash equivalents and $831.6 million in long-term debt. Key business developments included 140 basis points of market share gains for the e.l.f. brand and a record-breaking launch of rhode in Sephora North America.