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Side-by-side financial comparison of e.l.f. Beauty, Inc. (ELF) and Legend Biotech Corp (LEGN). 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 $272.3M, roughly 1.8× Legend Biotech Corp). e.l.f. Beauty, Inc. runs the higher net margin — 8.0% vs -14.6%, a 22.6% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 37.8%).

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...

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

ELF vs LEGN — Head-to-Head

Bigger by revenue
ELF
ELF
1.8× larger
ELF
$489.5M
$272.3M
LEGN
Growing faster (revenue YoY)
LEGN
LEGN
+32.2% gap
LEGN
70.0%
37.8%
ELF
Higher net margin
ELF
ELF
22.6% more per $
ELF
8.0%
-14.6%
LEGN

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
ELF
ELF
LEGN
LEGN
Revenue
$489.5M
$272.3M
Net Profit
$39.4M
$-39.7M
Gross Margin
71.0%
58.4%
Operating Margin
13.8%
-16.0%
Net Margin
8.0%
-14.6%
Revenue YoY
37.8%
70.0%
Net Profit YoY
128.1%
68.3%
EPS (diluted)
$0.65
$-0.11

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
LEGN
LEGN
Q4 25
$489.5M
Q3 25
$343.9M
$272.3M
Q2 25
$353.7M
$255.1M
Q1 25
$195.1M
Q3 24
$160.2M
Q2 24
$186.5M
Q1 24
$94.0M
Q3 23
$96.0M
Net Profit
ELF
ELF
LEGN
LEGN
Q4 25
$39.4M
Q3 25
$3.0M
$-39.7M
Q2 25
$33.3M
$-125.4M
Q1 25
$-100.9M
Q3 24
$-125.3M
Q2 24
$-18.2M
Q1 24
$-59.8M
Q3 23
$-62.2M
Gross Margin
ELF
ELF
LEGN
LEGN
Q4 25
71.0%
Q3 25
69.4%
58.4%
Q2 25
69.1%
62.8%
Q1 25
64.4%
Q3 24
67.2%
Q2 24
75.7%
Q1 24
47.8%
Q3 23
54.7%
Operating Margin
ELF
ELF
LEGN
LEGN
Q4 25
13.8%
Q3 25
2.2%
-16.0%
Q2 25
13.8%
Q1 25
Q3 24
-43.9%
Q2 24
Q1 24
Q3 23
Net Margin
ELF
ELF
LEGN
LEGN
Q4 25
8.0%
Q3 25
0.9%
-14.6%
Q2 25
9.4%
-49.2%
Q1 25
-51.7%
Q3 24
-78.2%
Q2 24
-9.8%
Q1 24
-63.6%
Q3 23
-64.8%
EPS (diluted)
ELF
ELF
LEGN
LEGN
Q4 25
$0.65
Q3 25
$0.05
$-0.11
Q2 25
$0.58
$-0.34
Q1 25
$-0.27
Q3 24
$-0.34
Q2 24
$-0.05
Q1 24
$-0.16
Q3 23
$-0.16

Balance Sheet & Financial Strength

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

Metric
ELF
ELF
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$196.8M
$278.9M
Total DebtLower is stronger
$816.7M
Stockholders' EquityBook value
$1.2B
$1.0B
Total Assets
$2.3B
$1.7B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELF
ELF
LEGN
LEGN
Q4 25
$196.8M
Q3 25
$194.4M
$278.9M
Q2 25
$170.0M
$266.6M
Q1 25
$441.7M
Q3 24
$459.3M
Q2 24
$201.3M
Q1 24
$897.6M
Q3 23
$963.5M
Total Debt
ELF
ELF
LEGN
LEGN
Q4 25
$816.7M
Q3 25
$831.6M
Q2 25
$256.7M
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Stockholders' Equity
ELF
ELF
LEGN
LEGN
Q4 25
$1.2B
Q3 25
$1.1B
$1.0B
Q2 25
$804.9M
$1.0B
Q1 25
$1.0B
Q3 24
$1.1B
Q2 24
$1.2B
Q1 24
$1.2B
Q3 23
$1.3B
Total Assets
ELF
ELF
LEGN
LEGN
Q4 25
$2.3B
Q3 25
$2.3B
$1.7B
Q2 25
$1.3B
$1.7B
Q1 25
$1.6B
Q3 24
$1.7B
Q2 24
$1.8B
Q1 24
$1.8B
Q3 23
$1.8B
Debt / Equity
ELF
ELF
LEGN
LEGN
Q4 25
0.70×
Q3 25
0.73×
Q2 25
0.32×
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23

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
LEGN
LEGN
Operating Cash FlowLast quarter
$59.4M
$28.8M
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
LEGN
LEGN
Q4 25
$59.4M
Q3 25
$23.4M
$28.8M
Q2 25
$27.2M
$-13.0M
Q1 25
$-103.8M
Q3 24
$-75.8M
Q2 24
$-1.7M
Q1 24
$15.5M
Q3 23
$-60.8M
Free Cash Flow
ELF
ELF
LEGN
LEGN
Q4 25
$52.8M
Q3 25
$16.6M
Q2 25
$20.1M
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
FCF Margin
ELF
ELF
LEGN
LEGN
Q4 25
10.8%
Q3 25
4.8%
Q2 25
5.7%
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Capex Intensity
ELF
ELF
LEGN
LEGN
Q4 25
1.4%
Q3 25
2.0%
Q2 25
2.0%
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Cash Conversion
ELF
ELF
LEGN
LEGN
Q4 25
1.51×
Q3 25
7.82×
Q2 25
0.82×
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

ELF
ELF

Segment breakdown not available.

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

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