vs

Side-by-side financial comparison of Ascendis Pharma A/S (ASND) 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 $267.3M, roughly 1.8× Ascendis Pharma A/S). On growth, Ascendis Pharma A/S posted the faster year-over-year revenue change (42.3% vs 37.8%).

Growth hormone therapy refers to the use of growth hormone (GH) as a prescription medication—it is one form of hormone therapy. Growth hormone is a peptide hormone secreted by the pituitary gland that stimulates growth and cell reproduction. In the past, growth hormone was extracted from human pituitary glands. Growth hormone is now produced by recombinant DNA technology and is prescribed for a variety of reasons. GH therapy has been a focus of social and ethical controversies for 50 years.

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...

ASND vs ELF — Head-to-Head

Bigger by revenue
ELF
ELF
1.8× larger
ELF
$489.5M
$267.3M
ASND
Growing faster (revenue YoY)
ASND
ASND
+4.5% gap
ASND
42.3%
37.8%
ELF

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ASND
ASND
ELF
ELF
Revenue
$267.3M
$489.5M
Net Profit
$39.4M
Gross Margin
90.5%
71.0%
Operating Margin
13.8%
Net Margin
8.0%
Revenue YoY
42.3%
37.8%
Net Profit YoY
128.1%
EPS (diluted)
$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
ASND
ASND
ELF
ELF
Q4 25
$267.3M
$489.5M
Q3 25
$230.7M
$343.9M
Q2 25
$170.7M
$353.7M
Q1 25
$109.0M
Q4 24
$187.8M
Q3 24
$62.5M
Q2 24
$38.9M
Q1 24
$103.6M
Net Profit
ASND
ASND
ELF
ELF
Q4 25
$39.4M
Q3 25
$-65.9M
$3.0M
Q2 25
$-42.0M
$33.3M
Q1 25
$-102.2M
Q4 24
Q3 24
$-107.1M
Q2 24
$-118.1M
Q1 24
$-141.5M
Gross Margin
ASND
ASND
ELF
ELF
Q4 25
90.5%
71.0%
Q3 25
89.5%
69.4%
Q2 25
80.1%
69.1%
Q1 25
82.6%
Q4 24
91.9%
Q3 24
80.6%
Q2 24
68.2%
Q1 24
92.1%
Operating Margin
ASND
ASND
ELF
ELF
Q4 25
13.8%
Q3 25
5.1%
2.2%
Q2 25
-33.5%
13.8%
Q1 25
-103.2%
Q4 24
Q3 24
-167.3%
Q2 24
-370.2%
Q1 24
-51.2%
Net Margin
ASND
ASND
ELF
ELF
Q4 25
8.0%
Q3 25
-28.5%
0.9%
Q2 25
-24.6%
9.4%
Q1 25
-93.7%
Q4 24
Q3 24
-171.5%
Q2 24
-303.9%
Q1 24
-136.6%
EPS (diluted)
ASND
ASND
ELF
ELF
Q4 25
$0.65
Q3 25
$0.05
Q2 25
$0.58
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
ASND
ASND
ELF
ELF
Cash + ST InvestmentsLiquidity on hand
$665.3M
$196.8M
Total DebtLower is stronger
$816.7M
Stockholders' EquityBook value
$-175.8M
$1.2B
Total Assets
$1.4B
$2.3B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASND
ASND
ELF
ELF
Q4 25
$665.3M
$196.8M
Q3 25
$582.2M
$194.4M
Q2 25
$533.6M
$170.0M
Q1 25
$559.4M
Q4 24
$604.3M
Q3 24
$675.6M
Q2 24
$279.4M
Q1 24
$345.9M
Total Debt
ASND
ASND
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
ASND
ASND
ELF
ELF
Q4 25
$-175.8M
$1.2B
Q3 25
$-188.0M
$1.1B
Q2 25
$-202.6M
$804.9M
Q1 25
$-205.0M
Q4 24
$-114.2M
Q3 24
$-105.1M
Q2 24
$-346.8M
Q1 24
$-257.2M
Total Assets
ASND
ASND
ELF
ELF
Q4 25
$1.4B
$2.3B
Q3 25
$1.2B
$2.3B
Q2 25
$1.2B
$1.3B
Q1 25
$1.1B
Q4 24
$1.3B
Q3 24
$1.2B
Q2 24
$819.0M
Q1 24
$866.7M
Debt / Equity
ASND
ASND
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
ASND
ASND
ELF
ELF
Operating Cash FlowLast quarter
$58.2M
$59.4M
Free Cash FlowOCF − Capex
$52.8M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASND
ASND
ELF
ELF
Q4 25
$58.2M
$59.4M
Q3 25
$23.4M
Q2 25
$27.2M
Q1 25
$-15.5M
Q4 24
$-330.7M
Q3 24
Q2 24
Q1 24
$-109.7M
Free Cash Flow
ASND
ASND
ELF
ELF
Q4 25
$52.8M
Q3 25
$16.6M
Q2 25
$20.1M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
ASND
ASND
ELF
ELF
Q4 25
10.8%
Q3 25
4.8%
Q2 25
5.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
ASND
ASND
ELF
ELF
Q4 25
1.4%
Q3 25
2.0%
Q2 25
2.0%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Cash Conversion
ASND
ASND
ELF
ELF
Q4 25
1.51×
Q3 25
7.82×
Q2 25
0.82×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons