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Side-by-side financial comparison of e.l.f. Beauty, Inc. (ELF) and MANHATTAN ASSOCIATES INC (MANH). 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 $282.2M, roughly 1.7× MANHATTAN ASSOCIATES INC). MANHATTAN ASSOCIATES INC runs the higher net margin — 17.5% vs 8.0%, a 9.4% gap on every dollar of revenue. On growth, e.l.f. Beauty, Inc. posted the faster year-over-year revenue change (37.8% vs 6.0%).

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...

Computer Associates International, Inc., later CA, Inc., and CA Technologies, Inc., was an American multinational enterprise software developer and publisher that existed from 1976 to 2018. CA grew to rank as one of the largest independent software corporations in the world, and at one point was the second largest. The company created systems software that ran in IBM mainframe, distributed computing, virtual machine, and cloud computing environments.

ELF vs MANH — Head-to-Head

Bigger by revenue
ELF
ELF
1.7× larger
ELF
$489.5M
$282.2M
MANH
Growing faster (revenue YoY)
ELF
ELF
+31.8% gap
ELF
37.8%
6.0%
MANH
Higher net margin
MANH
MANH
9.4% more per $
MANH
17.5%
8.0%
ELF

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
ELF
ELF
MANH
MANH
Revenue
$489.5M
$282.2M
Net Profit
$39.4M
$49.3M
Gross Margin
71.0%
Operating Margin
13.8%
23.0%
Net Margin
8.0%
17.5%
Revenue YoY
37.8%
6.0%
Net Profit YoY
128.1%
-6.3%
EPS (diluted)
$0.65
$0.82

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
MANH
MANH
Q1 26
$282.2M
Q4 25
$489.5M
$270.4M
Q3 25
$343.9M
$275.8M
Q2 25
$353.7M
$272.4M
Q1 25
$262.8M
Q4 24
$255.8M
Q3 24
$266.7M
Q2 24
$265.3M
Net Profit
ELF
ELF
MANH
MANH
Q1 26
$49.3M
Q4 25
$39.4M
$52.0M
Q3 25
$3.0M
$58.6M
Q2 25
$33.3M
$56.8M
Q1 25
$52.6M
Q4 24
$48.0M
Q3 24
$63.8M
Q2 24
$52.8M
Gross Margin
ELF
ELF
MANH
MANH
Q1 26
Q4 25
71.0%
55.0%
Q3 25
69.4%
56.6%
Q2 25
69.1%
57.3%
Q1 25
56.4%
Q4 24
55.8%
Q3 24
55.5%
Q2 24
54.8%
Operating Margin
ELF
ELF
MANH
MANH
Q1 26
23.0%
Q4 25
13.8%
24.8%
Q3 25
2.2%
27.5%
Q2 25
13.8%
27.1%
Q1 25
24.0%
Q4 24
23.7%
Q3 24
28.2%
Q2 24
25.7%
Net Margin
ELF
ELF
MANH
MANH
Q1 26
17.5%
Q4 25
8.0%
19.2%
Q3 25
0.9%
21.3%
Q2 25
9.4%
20.8%
Q1 25
20.0%
Q4 24
18.8%
Q3 24
23.9%
Q2 24
19.9%
EPS (diluted)
ELF
ELF
MANH
MANH
Q1 26
$0.82
Q4 25
$0.65
$0.86
Q3 25
$0.05
$0.96
Q2 25
$0.58
$0.93
Q1 25
$0.85
Q4 24
$0.77
Q3 24
$1.03
Q2 24
$0.85

Balance Sheet & Financial Strength

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

Metric
ELF
ELF
MANH
MANH
Cash + ST InvestmentsLiquidity on hand
$196.8M
$226.1M
Total DebtLower is stronger
$816.7M
Stockholders' EquityBook value
$1.2B
$205.2M
Total Assets
$2.3B
$740.5M
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ELF
ELF
MANH
MANH
Q1 26
$226.1M
Q4 25
$196.8M
$328.7M
Q3 25
$194.4M
$263.6M
Q2 25
$170.0M
$230.6M
Q1 25
$205.9M
Q4 24
$266.2M
Q3 24
$215.0M
Q2 24
$202.7M
Total Debt
ELF
ELF
MANH
MANH
Q1 26
Q4 25
$816.7M
Q3 25
$831.6M
Q2 25
$256.7M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ELF
ELF
MANH
MANH
Q1 26
$205.2M
Q4 25
$1.2B
$314.8M
Q3 25
$1.1B
$309.2M
Q2 25
$804.9M
$278.8M
Q1 25
$245.1M
Q4 24
$299.1M
Q3 24
$278.0M
Q2 24
$240.6M
Total Assets
ELF
ELF
MANH
MANH
Q1 26
$740.5M
Q4 25
$2.3B
$839.4M
Q3 25
$2.3B
$768.8M
Q2 25
$1.3B
$744.7M
Q1 25
$708.2M
Q4 24
$757.6M
Q3 24
$698.1M
Q2 24
$665.3M
Debt / Equity
ELF
ELF
MANH
MANH
Q1 26
Q4 25
0.70×
Q3 25
0.73×
Q2 25
0.32×
Q1 25
Q4 24
Q3 24
Q2 24

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
MANH
MANH
Operating Cash FlowLast quarter
$59.4M
$84.0M
Free Cash FlowOCF − Capex
$52.8M
FCF MarginFCF / Revenue
10.8%
Capex IntensityCapex / Revenue
1.4%
0.3%
Cash ConversionOCF / Net Profit
1.51×
1.70×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ELF
ELF
MANH
MANH
Q1 26
$84.0M
Q4 25
$59.4M
$147.1M
Q3 25
$23.4M
$93.1M
Q2 25
$27.2M
$74.0M
Q1 25
$75.3M
Q4 24
$104.7M
Q3 24
$62.3M
Q2 24
$73.3M
Free Cash Flow
ELF
ELF
MANH
MANH
Q1 26
Q4 25
$52.8M
$142.4M
Q3 25
$16.6M
$87.2M
Q2 25
$20.1M
$70.1M
Q1 25
$74.4M
Q4 24
$101.6M
Q3 24
$61.3M
Q2 24
$71.0M
FCF Margin
ELF
ELF
MANH
MANH
Q1 26
Q4 25
10.8%
52.7%
Q3 25
4.8%
31.6%
Q2 25
5.7%
25.7%
Q1 25
28.3%
Q4 24
39.7%
Q3 24
23.0%
Q2 24
26.8%
Capex Intensity
ELF
ELF
MANH
MANH
Q1 26
0.3%
Q4 25
1.4%
1.7%
Q3 25
2.0%
2.1%
Q2 25
2.0%
1.5%
Q1 25
0.3%
Q4 24
1.2%
Q3 24
0.4%
Q2 24
0.8%
Cash Conversion
ELF
ELF
MANH
MANH
Q1 26
1.70×
Q4 25
1.51×
2.83×
Q3 25
7.82×
1.59×
Q2 25
0.82×
1.30×
Q1 25
1.43×
Q4 24
2.18×
Q3 24
0.98×
Q2 24
1.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ELF
ELF

Segment breakdown not available.

MANH
MANH

Services$125.7M45%
Cloud subscriptions$117.1M42%
Maintenance$30.6M11%
Hardware$6.5M2%
Software license$2.2M1%

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