vs

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

GRANITE CONSTRUCTION INC is the larger business by last-quarter revenue ($912.5M vs $489.5M, roughly 1.9× e.l.f. Beauty, Inc.). e.l.f. Beauty, Inc. runs the higher net margin — 8.0% vs -4.0%, a 12.0% gap on every dollar of revenue. On growth, e.l.f. Beauty, Inc. posted the faster year-over-year revenue change (37.8% vs 30.4%).

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...

Granite Construction Inc. is a civil construction company and aggregate producer, a member of the S&P 600 Index based and founded in Watsonville, California, and is the parent corporation of Granite Construction Company. The company is both a heavy civil construction contractor and construction aggregate manufacturer, owning or leasing quarries in several Western states for extracting mostly sands, gravel, and crushed stone products. The company was under investigation from the SEC from 2019 ...

ELF vs GVA — Head-to-Head

Bigger by revenue
GVA
GVA
1.9× larger
GVA
$912.5M
$489.5M
ELF
Growing faster (revenue YoY)
ELF
ELF
+7.3% gap
ELF
37.8%
30.4%
GVA
Higher net margin
ELF
ELF
12.0% more per $
ELF
8.0%
-4.0%
GVA

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
ELF
ELF
GVA
GVA
Revenue
$489.5M
$912.5M
Net Profit
$39.4M
$-36.4M
Gross Margin
71.0%
11.2%
Operating Margin
13.8%
Net Margin
8.0%
-4.0%
Revenue YoY
37.8%
30.4%
Net Profit YoY
128.1%
-23.9%
EPS (diluted)
$0.65
$-0.96

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
ELF
ELF
GVA
GVA
Q1 26
$912.5M
Q4 25
$489.5M
$1.2B
Q3 25
$343.9M
$1.4B
Q2 25
$353.7M
$1.1B
Q1 25
$699.5M
Q4 24
$977.3M
Q3 24
$1.3B
Q2 24
$1.1B
Net Profit
ELF
ELF
GVA
GVA
Q1 26
$-36.4M
Q4 25
$39.4M
$52.0M
Q3 25
$3.0M
$102.9M
Q2 25
$33.3M
$71.7M
Q1 25
$-33.7M
Q4 24
$41.5M
Q3 24
$79.0M
Q2 24
$36.9M
Gross Margin
ELF
ELF
GVA
GVA
Q1 26
11.2%
Q4 25
71.0%
14.4%
Q3 25
69.4%
18.2%
Q2 25
69.1%
17.7%
Q1 25
12.0%
Q4 24
15.4%
Q3 24
15.9%
Q2 24
15.2%
Operating Margin
ELF
ELF
GVA
GVA
Q1 26
Q4 25
13.8%
6.4%
Q3 25
2.2%
10.0%
Q2 25
13.8%
9.2%
Q1 25
-5.7%
Q4 24
6.2%
Q3 24
8.2%
Q2 24
7.9%
Net Margin
ELF
ELF
GVA
GVA
Q1 26
-4.0%
Q4 25
8.0%
4.5%
Q3 25
0.9%
7.2%
Q2 25
9.4%
6.4%
Q1 25
-4.8%
Q4 24
4.2%
Q3 24
6.2%
Q2 24
3.4%
EPS (diluted)
ELF
ELF
GVA
GVA
Q1 26
$-0.96
Q4 25
$0.65
$1.23
Q3 25
$0.05
$1.98
Q2 25
$0.58
$1.42
Q1 25
$-0.77
Q4 24
$0.99
Q3 24
$1.57
Q2 24
$0.76

Balance Sheet & Financial Strength

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

Metric
ELF
ELF
GVA
GVA
Cash + ST InvestmentsLiquidity on hand
$196.8M
$265.7M
Total DebtLower is stronger
$816.7M
$1.2B
Stockholders' EquityBook value
$1.2B
$1.1B
Total Assets
$2.3B
$3.8B
Debt / EquityLower = less leverage
0.70×
1.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELF
ELF
GVA
GVA
Q1 26
$265.7M
Q4 25
$196.8M
$600.2M
Q3 25
$194.4M
$547.2M
Q2 25
$170.0M
$385.3M
Q1 25
$422.8M
Q4 24
$585.6M
Q3 24
$472.4M
Q2 24
$377.2M
Total Debt
ELF
ELF
GVA
GVA
Q1 26
$1.2B
Q4 25
$816.7M
$1.3B
Q3 25
$831.6M
$1.3B
Q2 25
$256.7M
$740.4M
Q1 25
$739.7M
Q4 24
$739.0M
Q3 24
$738.6M
Q2 24
$738.9M
Stockholders' Equity
ELF
ELF
GVA
GVA
Q1 26
$1.1B
Q4 25
$1.2B
$1.2B
Q3 25
$1.1B
$1.2B
Q2 25
$804.9M
$1.1B
Q1 25
$993.5M
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$931.7M
Total Assets
ELF
ELF
GVA
GVA
Q1 26
$3.8B
Q4 25
$2.3B
$4.0B
Q3 25
$2.3B
$4.1B
Q2 25
$1.3B
$3.1B
Q1 25
$2.9B
Q4 24
$3.0B
Q3 24
$3.1B
Q2 24
$2.9B
Debt / Equity
ELF
ELF
GVA
GVA
Q1 26
1.15×
Q4 25
0.70×
1.14×
Q3 25
0.73×
1.16×
Q2 25
0.32×
0.70×
Q1 25
0.74×
Q4 24
0.73×
Q3 24
0.73×
Q2 24
0.79×

Cash Flow & Capital Efficiency

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

Metric
ELF
ELF
GVA
GVA
Operating Cash FlowLast quarter
$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
ELF
ELF
GVA
GVA
Q1 26
Q4 25
$59.4M
$179.3M
Q3 25
$23.4M
$284.2M
Q2 25
$27.2M
$1.8M
Q1 25
$3.6M
Q4 24
$172.8M
Q3 24
$261.5M
Q2 24
$-2.0M
Free Cash Flow
ELF
ELF
GVA
GVA
Q1 26
Q4 25
$52.8M
$128.8M
Q3 25
$16.6M
$257.5M
Q2 25
$20.1M
$-27.0M
Q1 25
$-28.6M
Q4 24
$144.6M
Q3 24
$220.2M
Q2 24
$-41.0M
FCF Margin
ELF
ELF
GVA
GVA
Q1 26
Q4 25
10.8%
11.0%
Q3 25
4.8%
18.0%
Q2 25
5.7%
-2.4%
Q1 25
-4.1%
Q4 24
14.8%
Q3 24
17.3%
Q2 24
-3.8%
Capex Intensity
ELF
ELF
GVA
GVA
Q1 26
Q4 25
1.4%
4.3%
Q3 25
2.0%
1.9%
Q2 25
2.0%
2.6%
Q1 25
4.6%
Q4 24
2.9%
Q3 24
3.2%
Q2 24
3.6%
Cash Conversion
ELF
ELF
GVA
GVA
Q1 26
Q4 25
1.51×
3.45×
Q3 25
7.82×
2.76×
Q2 25
0.82×
0.02×
Q1 25
Q4 24
4.17×
Q3 24
3.31×
Q2 24
-0.05×

Financial Flow Comparison

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

Related Comparisons