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Side-by-side financial comparison of CSG SYSTEMS INTERNATIONAL INC (CSGS) 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 $323.1M, roughly 1.5× CSG SYSTEMS INTERNATIONAL INC). e.l.f. Beauty, Inc. runs the higher net margin — 8.0% vs 2.2%, a 5.9% gap on every dollar of revenue. On growth, e.l.f. Beauty, Inc. posted the faster year-over-year revenue change (37.8% vs 2.0%). CSG SYSTEMS INTERNATIONAL INC produced more free cash flow last quarter ($55.8M vs $52.8M).

CSG Holding Limited, formerly China Southern Glass Holding Limited, is the largest architectural glass manufacturer in China. It is involved in manufacturing and selling glass products, such as float glass, architectural glass, display glass, automotive glass, coated glass, mirrors, color filter glass, solar glass and conservation glass.

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...

CSGS vs ELF — Head-to-Head

Bigger by revenue
ELF
ELF
1.5× larger
ELF
$489.5M
$323.1M
CSGS
Growing faster (revenue YoY)
ELF
ELF
+35.7% gap
ELF
37.8%
2.0%
CSGS
Higher net margin
ELF
ELF
5.9% more per $
ELF
8.0%
2.2%
CSGS
More free cash flow
CSGS
CSGS
$3.0M more FCF
CSGS
$55.8M
$52.8M
ELF

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
CSGS
CSGS
ELF
ELF
Revenue
$323.1M
$489.5M
Net Profit
$7.0M
$39.4M
Gross Margin
50.0%
71.0%
Operating Margin
9.0%
13.8%
Net Margin
2.2%
8.0%
Revenue YoY
2.0%
37.8%
Net Profit YoY
-79.7%
128.1%
EPS (diluted)
$0.24
$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
CSGS
CSGS
ELF
ELF
Q4 25
$323.1M
$489.5M
Q3 25
$303.6M
$343.9M
Q2 25
$297.1M
$353.7M
Q1 25
$299.5M
Q4 24
$316.7M
Q3 24
$295.1M
Q2 24
$290.3M
Q1 24
$295.1M
Net Profit
CSGS
CSGS
ELF
ELF
Q4 25
$7.0M
$39.4M
Q3 25
$20.5M
$3.0M
Q2 25
$12.3M
$33.3M
Q1 25
$16.1M
Q4 24
$34.5M
Q3 24
$19.1M
Q2 24
$13.8M
Q1 24
$19.5M
Gross Margin
CSGS
CSGS
ELF
ELF
Q4 25
50.0%
71.0%
Q3 25
48.1%
69.4%
Q2 25
49.5%
69.1%
Q1 25
48.4%
Q4 24
51.3%
Q3 24
49.4%
Q2 24
47.3%
Q1 24
46.5%
Operating Margin
CSGS
CSGS
ELF
ELF
Q4 25
9.0%
13.8%
Q3 25
10.0%
2.2%
Q2 25
10.0%
13.8%
Q1 25
9.8%
Q4 24
13.4%
Q3 24
10.8%
Q2 24
8.8%
Q1 24
10.8%
Net Margin
CSGS
CSGS
ELF
ELF
Q4 25
2.2%
8.0%
Q3 25
6.7%
0.9%
Q2 25
4.1%
9.4%
Q1 25
5.4%
Q4 24
10.9%
Q3 24
6.5%
Q2 24
4.8%
Q1 24
6.6%
EPS (diluted)
CSGS
CSGS
ELF
ELF
Q4 25
$0.24
$0.65
Q3 25
$0.73
$0.05
Q2 25
$0.44
$0.58
Q1 25
$0.57
Q4 24
$1.20
Q3 24
$0.67
Q2 24
$0.48
Q1 24
$0.68

Balance Sheet & Financial Strength

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

Metric
CSGS
CSGS
ELF
ELF
Cash + ST InvestmentsLiquidity on hand
$180.0M
$196.8M
Total DebtLower is stronger
$539.5M
$816.7M
Stockholders' EquityBook value
$283.7M
$1.2B
Total Assets
$1.5B
$2.3B
Debt / EquityLower = less leverage
1.90×
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSGS
CSGS
ELF
ELF
Q4 25
$180.0M
$196.8M
Q3 25
$158.4M
$194.4M
Q2 25
$145.9M
$170.0M
Q1 25
$136.0M
Q4 24
$161.8M
Q3 24
$118.4M
Q2 24
$110.4M
Q1 24
$120.8M
Total Debt
CSGS
CSGS
ELF
ELF
Q4 25
$539.5M
$816.7M
Q3 25
$538.6M
$831.6M
Q2 25
$537.8M
$256.7M
Q1 25
$537.6M
Q4 24
$538.5M
Q3 24
$539.5M
Q2 24
$540.5M
Q1 24
$541.5M
Stockholders' Equity
CSGS
CSGS
ELF
ELF
Q4 25
$283.7M
$1.2B
Q3 25
$289.5M
$1.1B
Q2 25
$290.7M
$804.9M
Q1 25
$283.1M
Q4 24
$282.6M
Q3 24
$288.4M
Q2 24
$273.3M
Q1 24
$269.3M
Total Assets
CSGS
CSGS
ELF
ELF
Q4 25
$1.5B
$2.3B
Q3 25
$1.5B
$2.3B
Q2 25
$1.4B
$1.3B
Q1 25
$1.4B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.4B
Q1 24
$1.3B
Debt / Equity
CSGS
CSGS
ELF
ELF
Q4 25
1.90×
0.70×
Q3 25
1.86×
0.73×
Q2 25
1.85×
0.32×
Q1 25
1.90×
Q4 24
1.91×
Q3 24
1.87×
Q2 24
1.98×
Q1 24
2.01×

Cash Flow & Capital Efficiency

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

Metric
CSGS
CSGS
ELF
ELF
Operating Cash FlowLast quarter
$59.2M
$59.4M
Free Cash FlowOCF − Capex
$55.8M
$52.8M
FCF MarginFCF / Revenue
17.3%
10.8%
Capex IntensityCapex / Revenue
1.1%
1.4%
Cash ConversionOCF / Net Profit
8.46×
1.51×
TTM Free Cash FlowTrailing 4 quarters
$141.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSGS
CSGS
ELF
ELF
Q4 25
$59.2M
$59.4M
Q3 25
$47.9M
$23.4M
Q2 25
$37.3M
$27.2M
Q1 25
$11.5M
Q4 24
$82.5M
Q3 24
$39.5M
Q2 24
$43.1M
Q1 24
$-29.4M
Free Cash Flow
CSGS
CSGS
ELF
ELF
Q4 25
$55.8M
$52.8M
Q3 25
$43.9M
$16.6M
Q2 25
$34.6M
$20.1M
Q1 25
$7.1M
Q4 24
$76.6M
Q3 24
$32.0M
Q2 24
$38.8M
Q1 24
$-34.1M
FCF Margin
CSGS
CSGS
ELF
ELF
Q4 25
17.3%
10.8%
Q3 25
14.5%
4.8%
Q2 25
11.6%
5.7%
Q1 25
2.4%
Q4 24
24.2%
Q3 24
10.8%
Q2 24
13.4%
Q1 24
-11.6%
Capex Intensity
CSGS
CSGS
ELF
ELF
Q4 25
1.1%
1.4%
Q3 25
1.3%
2.0%
Q2 25
0.9%
2.0%
Q1 25
1.5%
Q4 24
1.9%
Q3 24
2.5%
Q2 24
1.5%
Q1 24
1.6%
Cash Conversion
CSGS
CSGS
ELF
ELF
Q4 25
8.46×
1.51×
Q3 25
2.34×
7.82×
Q2 25
3.04×
0.82×
Q1 25
0.71×
Q4 24
2.39×
Q3 24
2.07×
Q2 24
3.12×
Q1 24
-1.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSGS
CSGS

Software As A Service And Related Solutions$287.2M89%
License And Service$22.6M7%
Maintenance$13.3M4%

ELF
ELF

Segment breakdown not available.

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