Estee Lauder Companies

EL Q4 2025 Earnings

Reported Aug 20, 2025 at 8:01 AM ET · SEC Source

Q4 25 EPS

$0.09

BEAT +1.01%

Est. $0.09

Q4 25 Revenue

$3.41B

BEAT +0.35%

Est. $3.40B

vs S&P Since Q4 25

-16.6%

TRAILING MARKET

EL -1.2% vs S&P +15.4%

Full Year 2025 Results

FY 25 EPS

$1.51

FY 25 Revenue

$14.33B

Market Reaction

Did EL Beat Earnings? Q4 2025 Results

Estée Lauder Companies managed a narrow beat on both the top and bottom lines in its fiscal fourth quarter, though the results did little to obscure the depth of the turnaround challenge still ahead. The prestige beauty giant posted adjusted EPS of $… Read more Estée Lauder Companies managed a narrow beat on both the top and bottom lines in its fiscal fourth quarter, though the results did little to obscure the depth of the turnaround challenge still ahead. The prestige beauty giant posted adjusted EPS of $0.09, edging past the $0.09 consensus estimate by 1.01%, while revenue of $3.41 billion came in just above the $3.40 billion forecast, even as sales tumbled 11.9% year over year. The steepest drag came from Skin Care, which fell 17% organically in the quarter as Asia travel retail weakness and subdued Chinese consumer sentiment continued to weigh on the company's largest category. For the full fiscal year, Estée Lauder swung to a GAAP net loss of $1.13 billion, burdened by $1.29 billion in goodwill and intangible asset impairments across brands including TOM FORD and Too Faced. Shares slipped following the report, with investors weighing a fiscal 2026 adjusted EPS outlook of $1.90 to $2.10 against roughly $100 million in expected tariff headwinds and a restructuring program now projected to eliminate up to 7,000 positions by fiscal 2027.

Key Takeaways

  • Profit Recovery and Growth Plan (PRGP) driving gross margin expansion of 230 basis points
  • Le Labo delivered strong double-digit year-over-year net sales increases in each fiscal 2025 quarter
  • Clinique net sales growth across all geographic regions in Makeup
  • The Ordinary delivered mid-single-digit growth through expanded consumer reach and innovation
  • Expansion to eleven brands in Amazon's U.S. Premium Beauty store from three in the prior year
  • Consumer-facing investments increased approximately 400 basis points as a percentage of sales
  • Non-consumer-facing expenses reduced by 6% in fiscal 2025
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EL YoY Financials

Q4 2025 vs Q4 2024, source: SEC Filings

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EL Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q3 26
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EL Revenue by Geography

With YoY comparisons, source: SEC Filings

Q4 25 Q3 26

“Having closed fiscal 2025 as expected, we remain wholly focused on continuing to execute our strategic vision of Beauty Reimagined with excellence. Despite continued volatility in the external environment, we embarked on fiscal 2026 with signs of momentum and confidence in our outlook to deliver organic sales growth this year after three years of declines and to begin rebuilding operating profitability in pursuit of a solid double-digit adjusted operating margin over the next few years.”

— Stéphane de La Faverie, Q4 2025 Earnings Press Release