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Side-by-side financial comparison of ACADIA PHARMACEUTICALS INC (ACAD) and e.l.f. Beauty, Inc. (ELF). Click either name above to swap in a different company.

e.l.f. Beauty, Inc. is the larger business by last-quarter revenue ($489.5M vs $284.0M, roughly 1.7× ACADIA PHARMACEUTICALS INC). ACADIA PHARMACEUTICALS INC runs the higher net margin — 96.3% vs 8.0%, a 88.3% gap on every dollar of revenue. On growth, e.l.f. Beauty, Inc. posted the faster year-over-year revenue change (37.8% vs 9.4%).

Acadia Pharmaceuticals Inc. is a biopharmaceutical company headquartered in Del Mar, San Diego, California.

e.l.f. Beauty, Inc. is an American cosmetics brand based in Oakland, California. It was founded by Joseph Shamah and Scott Vincent Borba in 2004. The company sells items include bath and skin-care products, mineral-based makeup, professional tools, eyeliners, lipstick, glosses, blushes, bronzers, brushes and mascara. Its products are sold in 18 countries and in several stores including Target, Kmart, Dollar General and Walmart. Over half the company's sales come from its website, which is als...

ACAD vs ELF — Head-to-Head

Bigger by revenue
ELF
ELF
1.7× larger
ELF
$489.5M
$284.0M
ACAD
Growing faster (revenue YoY)
ELF
ELF
+28.4% gap
ELF
37.8%
9.4%
ACAD
Higher net margin
ACAD
ACAD
88.3% more per $
ACAD
96.3%
8.0%
ELF

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ACAD
ACAD
ELF
ELF
Revenue
$284.0M
$489.5M
Net Profit
$273.6M
$39.4M
Gross Margin
90.8%
71.0%
Operating Margin
6.1%
13.8%
Net Margin
96.3%
8.0%
Revenue YoY
9.4%
37.8%
Net Profit YoY
90.3%
128.1%
EPS (diluted)
$1.61
$0.65

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACAD
ACAD
ELF
ELF
Q4 25
$284.0M
$489.5M
Q3 25
$278.6M
$343.9M
Q2 25
$264.6M
$353.7M
Q1 25
$244.3M
Q4 24
$259.6M
Q3 24
$250.4M
Q2 24
$242.0M
Q1 24
$205.8M
Net Profit
ACAD
ACAD
ELF
ELF
Q4 25
$273.6M
$39.4M
Q3 25
$71.8M
$3.0M
Q2 25
$26.7M
$33.3M
Q1 25
$19.0M
Q4 24
$143.7M
Q3 24
$32.8M
Q2 24
$33.4M
Q1 24
$16.6M
Gross Margin
ACAD
ACAD
ELF
ELF
Q4 25
90.8%
71.0%
Q3 25
92.2%
69.4%
Q2 25
92.2%
69.1%
Q1 25
91.7%
Q4 24
91.6%
Q3 24
92.5%
Q2 24
92.5%
Q1 24
88.8%
Operating Margin
ACAD
ACAD
ELF
ELF
Q4 25
6.1%
13.8%
Q3 25
12.8%
2.2%
Q2 25
12.2%
13.8%
Q1 25
7.9%
Q4 24
59.1%
Q3 24
12.6%
Q2 24
12.6%
Q1 24
7.4%
Net Margin
ACAD
ACAD
ELF
ELF
Q4 25
96.3%
8.0%
Q3 25
25.8%
0.9%
Q2 25
10.1%
9.4%
Q1 25
7.8%
Q4 24
55.4%
Q3 24
13.1%
Q2 24
13.8%
Q1 24
8.0%
EPS (diluted)
ACAD
ACAD
ELF
ELF
Q4 25
$1.61
$0.65
Q3 25
$0.42
$0.05
Q2 25
$0.16
$0.58
Q1 25
$0.11
Q4 24
$0.86
Q3 24
$0.20
Q2 24
$0.20
Q1 24
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACAD
ACAD
ELF
ELF
Cash + ST InvestmentsLiquidity on hand
$177.7M
$196.8M
Total DebtLower is stronger
$816.7M
Stockholders' EquityBook value
$1.2B
$1.2B
Total Assets
$1.6B
$2.3B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACAD
ACAD
ELF
ELF
Q4 25
$177.7M
$196.8M
Q3 25
$258.0M
$194.4M
Q2 25
$253.6M
$170.0M
Q1 25
$217.7M
Q4 24
$319.6M
Q3 24
$155.1M
Q2 24
$177.1M
Q1 24
$204.7M
Total Debt
ACAD
ACAD
ELF
ELF
Q4 25
$816.7M
Q3 25
$831.6M
Q2 25
$256.7M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACAD
ACAD
ELF
ELF
Q4 25
$1.2B
$1.2B
Q3 25
$917.3M
$1.1B
Q2 25
$822.4M
$804.9M
Q1 25
$765.2M
Q4 24
$732.8M
Q3 24
$577.2M
Q2 24
$516.7M
Q1 24
$464.0M
Total Assets
ACAD
ACAD
ELF
ELF
Q4 25
$1.6B
$2.3B
Q3 25
$1.3B
$2.3B
Q2 25
$1.2B
$1.3B
Q1 25
$1.1B
Q4 24
$1.2B
Q3 24
$976.9M
Q2 24
$914.1M
Q1 24
$855.1M
Debt / Equity
ACAD
ACAD
ELF
ELF
Q4 25
0.70×
Q3 25
0.73×
Q2 25
0.32×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACAD
ACAD
ELF
ELF
Operating Cash FlowLast quarter
$-48.7M
$59.4M
Free Cash FlowOCF − Capex
$52.8M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
-0.18×
1.51×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACAD
ACAD
ELF
ELF
Q4 25
$-48.7M
$59.4M
Q3 25
$74.3M
$23.4M
Q2 25
$64.0M
$27.2M
Q1 25
$20.3M
Q4 24
$40.4M
Q3 24
$63.2M
Q2 24
$25.0M
Q1 24
$29.1M
Free Cash Flow
ACAD
ACAD
ELF
ELF
Q4 25
$52.8M
Q3 25
$73.9M
$16.6M
Q2 25
$20.1M
Q1 25
Q4 24
Q3 24
$63.2M
Q2 24
Q1 24
FCF Margin
ACAD
ACAD
ELF
ELF
Q4 25
10.8%
Q3 25
26.5%
4.8%
Q2 25
5.7%
Q1 25
Q4 24
Q3 24
25.2%
Q2 24
Q1 24
Capex Intensity
ACAD
ACAD
ELF
ELF
Q4 25
1.4%
Q3 25
0.1%
2.0%
Q2 25
2.0%
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Cash Conversion
ACAD
ACAD
ELF
ELF
Q4 25
-0.18×
1.51×
Q3 25
1.03×
7.82×
Q2 25
2.40×
0.82×
Q1 25
1.07×
Q4 24
0.28×
Q3 24
1.93×
Q2 24
0.75×
Q1 24
1.76×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACAD
ACAD

Nuplazid$174.4M61%
Daybue$109.6M39%

ELF
ELF

Segment breakdown not available.

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