Key Takeaways:E.l.f achieves 26 quarters of growth despite tariff headwinds.Rhode acquisition signals expansion into the prestige skincare and Gen-Z market.Strong omnichannel, international strategy drives 9% quarterly sales increase.E.l.f Beauty has continued its winning streak, outpacing its contenders, reporting net sales of $323.7 million for the first quarter of fiscal year 2026 (Q1 FY26)—a 9% year-over-year (YoY) increase driven by strength across retailers, e-commerce, and rapid international expansion. The news marks the company’s 26th consecutive quarter of net sales growth.“We remain excited by the significant white space we see ahead,” said Chairman and CEO Tarang Amin in a company press release, crediting the results to e.l.f.’s “value proposition, powerhouse innovation, and disruptive marketing engine.” Amin also noted 210 basis points of market share gains, a continuation of the company’s momentum in mass beauty.Key FY26 Q1 MetricsNet Sales: $353.7 million, up 9% YoYGross Margin: 69%, down 215 basis points (due to tariffs), partially offset by favorable foreign exchange and product mix Adjusted EBITDA: $87.1 million (25% of net sales), up 12% YoY GAAP Net Income: $33.3 million, YoY comparison not disclosedAdjusted Net Income: $51.3 million, YoY comparison not disclosedGAAP EPS: $0.58, YoY comparison not disclosedAdjusted EPS: $0.89, YoY comparison not disclosedSG&A expenses rose to $195.8 million, or 55% of net sales, reflecting higher spending on professional fees, marketing, visual merchandising, and digital initiatives. Adjusted SG&A was $177.