The Estée Lauder Companies (EL) Earnings: Q1 Fiscal 2027 Results and Next Report Date

The quarter ended September 30, 2026 and The Estée Lauder Companies published the results on November 2, 2026. Revenue and diluted EPS are shown against Q1 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. The Estée Lauder Companies reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted diluted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• The Estée Lauder Companies' fiscal year ends June 30, so Q1 fiscal 2027 is July through September 2026.
• On October 5, 2026, after the quarter ended, Estée Lauder completed the acquisition of the remaining equity interest in Mountain Valley Springs India, owner of the Forest Essentials brand. Its fiscal 2027 GAAP EPS outlook includes a one-time inducement payment and a gain on the previously held equity interest tied to that deal.

Source: The Estée Lauder Companies Q1 fiscal 2027 results, November 2, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How The Estée Lauder Companies splits revenue in its own release, under its own labels, for Q1 fiscal 2027 against Q1 fiscal 2026. Indented lines are parts of the line above them.

• The Estée Lauder Companies's Skin Care revenue was $1.7 billion in Q1 fiscal 2027, up 5% from $1.6 billion in Q1 fiscal 2026, 44% of total revenue.
• The Estée Lauder Companies's Makeup revenue was $1.0 billion in Q1 fiscal 2027, up 2% from $1.0 billion in Q1 fiscal 2026, 28% of total revenue.
• The Estée Lauder Companies's Fragrance revenue was $861 million in Q1 fiscal 2027, up 19% from $721 million in Q1 fiscal 2026, 23% of total revenue.
• The Estée Lauder Companies's Hair Care revenue was $128 million in Q1 fiscal 2027, down 1% from $129 million in Q1 fiscal 2026, 3% of total revenue.
• The Estée Lauder Companies's Other revenue was $28.0 million in Q1 fiscal 2027, up 12% from $25.0 million in Q1 fiscal 2026, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q1 fiscal 2027 release, The Estée Lauder Companies said:

“Organic net sales growth of 4.0% to 5.5%, ranging from the mid-point to above the high-end of the previously communicated range of 3% to 5%”

“Adjusted operating margin to range between 12.9% to 13.7%, an increase from the previously communicated range of 12.7% to 13.5%”

“Adjusted diluted net earnings per common share to range between $3.20 to $3.45, an increase from the previously communicated range of $3.10 to $3.35”

“Diluted weighted-average shares outstanding of approximately 368 million shares”

Source: Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026.

This is the company's own guidance as of Nov 2, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the EL forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Net sales and GAAP diluted EPS, each as first reported in that quarter's release. Q4 fiscal 2026 was a net loss of $0.32 per share, after $306 million of restructuring and other charges.

The Estée Lauder Companies's next report is scheduled for February 3, 2027. This page will show Q1 fiscal 2027 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q1 fiscal 2027 (this page), reported Nov 2, 2026

The Estée Lauder Companies reported net sales of $3,715 million in Q1 fiscal 2027, up 7% from $3,481 million, and organic net sales of $3,696 million, up 6%. Skin Care was the largest category at $1,651 million, followed by Makeup at $1,048 million, Fragrance at $861 million and Hair Care at $128 million. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026)

Estée Lauder sells more than 20 luxury and prestige brands in approximately 150 countries and territories, mostly as a wholesaler through department stores, duty-free retailers, specialty-multi retailers, online platforms, perfumeries, pharmacies and salons, alongside its own freestanding stores and brand websites. (Estée Lauder Form 10-K, fiscal 2026, Aug 19, 2026)

Fragrance grew fastest, with organic net sales up 20% on double-digit growth from Le Labo, TOM FORD, Jo Malone London and KILIAN PARIS and from the Estée Lauder brand's Glimmer launch. Skin Care organic net sales rose 4%, led by La Mer and The Ordinary. Makeup grew 1% as gains at M·A·C were partly offset by a decline at the Estée Lauder brand, and Hair Care was flat as The Ordinary grew and Aveda declined on supply chain problems. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026)

By region, The Americas brought in $1,227 million, Asia/Pacific $952 million, EUKEM (Europe, the U.K. and Ireland and emerging markets) $923 million and Mainland China $614 million, up 15% as reported and 9% organically. Estée Lauder includes its travel retail business in Asia/Pacific, where organic sales rose 10% on replenishment orders at the Beijing and Shanghai airports and higher online sales in Hainan travel retail. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026; Estée Lauder Form 10-Q, Q1 fiscal 2027, Nov 2, 2026)

Estée Lauder's largest customer for fiscal 2026 sells primarily in China travel retail. That customer accounted for $161 million, or 10%, of accounts receivable at June 30, 2026. (Estée Lauder Form 10-K, fiscal 2026, Aug 19, 2026)

The Estée Lauder Companies' GAAP diluted EPS was $0.64 in Q1 fiscal 2027, against $0.13 a year earlier, and adjusted diluted EPS was $0.72, against $0.32. The only adjustment was restructuring and other charges, $41 million of operating income in the quarter against $86 million a year earlier, worth $.08 per share against $.19. Estée Lauder records the restructuring costs of its Profit Recovery and Growth Plan in that line. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026; Estée Lauder Form 10-Q, Q1 fiscal 2027, Nov 2, 2026)

Operating margin rose to 11.0% from 4.9%, and adjusted operating margin to 12.1% from 7.3%. Estée Lauder said gross margin of 75.7% benefited from Profit Recovery and Growth Plan savings in procurement, expenses and manufacturing, sales leverage and pricing, which together offset inflation. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026)

The effective tax rate fell to 32.5% from 56.9%, a high rate a year earlier that Estée Lauder attributes to lower pre-tax income in that quarter. Diluted weighted average shares were 366.1 million, against 363.3 million, and Estée Lauder paid $126 million in dividends in the quarter. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026; Estée Lauder Form 10-Q, Q1 fiscal 2027, Nov 2, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

The Estée Lauder Companies gives a full-year outlook in its release and raised it with Q1 fiscal 2027 results. It now expects organic net sales growth of 4.0% to 5.5%, against 3% to 5% before, an adjusted operating margin of 12.9% to 13.7%, and adjusted diluted EPS of $3.20 to $3.45, up from $3.10 to $3.35. The GAAP EPS outlook is $2.85 to $3.18. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026)

The outlook assumes stronger organic growth in the first half than the second, an adjusted effective tax rate of approximately 33% to 34%, about 368 million diluted shares, and operating cash flow of $1.4 billion to $1.5 billion. Estée Lauder said it does not expect the conflict in the Middle East to have a material impact on fiscal 2027 results. (Estée Lauder Q1 fiscal 2027 release, Nov 2, 2026)

A consensus figure is the average of the models published by the analysts who cover The Estée Lauder Companies, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones The Estée Lauder Companies's own release and filings put weight on for Q1 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning EL is on is EL a buy or a sell?, what analysts expect next is on the EL forecast, and what the company does is on the The Estée Lauder Companies (EL) stock page.

Every number on this page can be traced to a document The Estée Lauder Companies published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.