Form 10-K · Annual report
The Estée Lauder Companies 10-K, filed Aug 19, 2026
- Filed
- CIK
- 0001001250
- Accession no.
- 0001001250-26-000041
Summary
The Estée Lauder Companies reported fiscal 2026 net sales of $15.05 billion and net earnings attributable to the company of $182 million, swinging from a $1.13 billion net loss in fiscal 2025, while operating income was $780 million versus a $785 million operating loss the prior year. The company said it continues to monitor volatility in Western markets, Asia travel retail, the Middle East conflict, and U.S. tariffs.
Key points
- Fiscal 2026 net sales rose to $15.049 billion from $14.326 billion in fiscal 2025; net earnings attributable to The Estée Lauder Companies Inc. were $182 million, compared with a $1.133 billion loss the prior year.
- Operating income was $780 million, versus a $785 million operating loss in fiscal 2025, after $813 million in restructuring and other charges.
- Skin care generated $7.338 billion in net sales and $1.416 billion in operating income; makeup net sales were $4.276 billion, fragrance $2.779 billion, and hair care $565 million.
- By region, net sales were $4.463 billion in the Americas, $3.794 billion in EUKEM, $3.746 billion in Asia/Pacific, and $3.058 billion in Mainland China; the outlook cited tariff uncertainty and Middle East conflict as risks.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 7. Management’s Discussion RESULTS OF OPERATIONS We manufacture, market and sell beauty products including those in the skin care, makeup, fragrance and hair care categories, which are distributed in approximately 150 countries and territories. Year Ended June 30, 2026 2025 2024 ($ in millions) $ % $ % $ % Net sales $ 15,049 100.0 % $ 14,326 100.0 % $ 15,608 100.0 % Cost of sales 3,687 24.5 3,729 26.0 4,424 28.3 Gross profit 11,362 75.5 10,597 74.0 11,184 71.7 Operating expenses: Selling, general and administrative 9,685 64.4 9,456 66.0 9,621 61.6 Restructuring and other charges 813 5.4 481 3.4 122 0.8 Securities class action litigation settlement 84 0.6 — — — — Goodwill impairment — —…
An excerpt of the text as filed with the SEC, cut for length.
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