NYSE$COTY

Coty Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Coty reported Q4 net revenues of $1.25 billion, down 8% year-over-year, with adjusted EBITDA of $127 million.

Coty delivered Q4 results in line with expectations amid U.S. softness and retailer destocking. The company expanded FY25 gross margin while reporting a net loss of $72 million for the quarter. Management outlined plans for sequential LFL and EBITDA improvement in FY26 driven by new launches and fragrance mist expansion.

  • Q4 net revenues declined 8% reported and 9% LFL to $1,252.4 million, with Prestige down 5% and Consumer Beauty down 12%.
  • Adjusted EBITDA fell 23% to $126.7 million with margin of 10.1%, while reported operating income was $15.5 million.
  • FY25 adjusted EBITDA reached $1,081.7 million with 18.4% margin, up 60 bps, and free cash flow totaled $277.6 million.
  • Company expects LFL sales decline of 6-8% in Q1 FY26 and return to growth in 2H FY26 with adjusted EPS of $0.33-$0.36 in 1H.

Headline financials

Total Revenue

$1.25B

Previous: $1.36B-8.1%
EPS (adj)

-$0.05

Previous: -$0.03-66.7%
Gross Margin

62.3%

Previous: 64.2%-3.0%
Operating Margin

1.2%

Previous: 2.5%-52.0%
Free Cash Flow

$34.9M

Previous: $117M-70.1%
Capital Expenditures

-$48.3M

Previous: -$59.8M+19.2%
Net Income

-$72.1M

Previous: -$100M+28.0%
Operating Income

$15.5M

Previous: $34.7M-55.3%
Gross Profit

$780M

Previous: $875M-10.9%
Cash & Equivalents

$257M

No prior period

Revenue & EPS history

Coty · Revenue · Quarterly

$1.25B

Q4 2025-8.1%vs Q4 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Coty · $1.25B total across 2 segments · Q4 2025

  • Prestige
    $761M
  • Consumer Beauty
    $492M

Forward guidance

Coty expects gradual LFL sales improvement through FY26 with return to growth in 2H26, supported by blockbuster launches and fragrance mists push; 1Q26 LFL decline of 6-8% and 2Q26 decline of 3-5%.

Tailwinds

  • Major innovation pipeline including Boss Bottled Beyond tracking ahead of prior blockbusters
  • Multi-brand push into profitable fragrance mists category with strong early results
  • E-commerce revenue reached $1 billion with Prestige sell-out in line and Consumer Beauty gaining share
  • Fixed cost savings from All-In To Win program expected to balance variable compensation resumption

Headwinds

  • 1H FY26 gross margin pressure from lower sales and net tariff impact
  • Retailer caution and promotional environment amid macro and tariff uncertainty
  • 1Q26 adjusted EBITDA expected to decline mid-to-high teens percent
  • High single digit to mid-teen percent decline in 1H26 adjusted EPS

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-0.2%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.3%

Avg return

30 days after

43%

23 / 53 earnings

Positive

+36.8%

Q2 2019

Best reaction

-25.8%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+3.9%-9.4%-23.4%
Q2 2026-14.5%-19.7%-24.8%
Q1 2026-0.8%-5.6%-8.7%
Q4 2025-21.6%-24.1%-15.4%
Q3 2025-11.6%-3.1%-2.9%
Q2 2025-9.3%-17.6%-19.8%
Q1 2025-3.8%-2.4%+0.9%
Q4 2024+6.1%+4.3%-1.7%
Q3 2024-4.3%-3.7%-12.8%
Q2 2024-3.2%-3.6%+3.7%
Q1 2024+1.8%-0.6%+18.4%
Q4 2023+2.6%+0.5%+11.9%
Q3 2023-3.7%-7.3%-2.6%
Q2 2023-0.2%+7.9%+3.6%
Q1 2023-5.2%+11.2%+14.9%
Q4 2022+7.4%+5.7%-0.1%
Q3 2022-13.3%-9.6%-1.1%
Q2 2022+12.2%+8.6%-5.6%
Q1 2022+16.4%+16.4%+10.5%
Q4 2021+15.6%+18.7%-2.7%
Q3 2021-10.9%-13.4%-14.9%
Q2 2021-17.3%-14.6%+11.5%
Q1 2021+33.2%+38.6%+132.0%
Q4 2020-3.6%-6.8%-29.9%
Q3 2020-16.7%-36.7%-0.8%
Q2 2020+13.6%+12.5%-19.2%
Q1 2020+13.4%+8.4%+3.6%
Q4 2019+6.2%+8.5%+19.7%
Q3 2019-5.6%-4.2%+10.4%
Q2 2019+36.8%+58.2%+55.8%
Q1 2019-25.8%-22.6%-32.9%
Q4 2018-5.5%-3.4%+4.9%
Q3 2018-8.8%-11.0%-12.6%
Q2 2018+13.6%+17.6%+11.0%
Q1 2018+10.5%+14.8%+20.5%
Q4 2017-14.4%-16.1%-18.2%
Q3 2017+9.9%+7.5%+5.1%
Q2 2017-8.8%-3.8%-4.7%
Q1 2017-15.3%-16.7%-12.5%
Q4 2016-6.9%-3.6%-18.2%
Q3 2016-12.2%
Q2 2016+14.0%
Q1 2016-4.8%
Q4 2015+3.1%
Q3 2015-1.4%
Q2 2015+15.6%
Q1 2015+6.6%
Q4 2014-4.6%
Q4 2012-4.6%
Q3 2014+3.4%
Q2 2014+3.4%
Q1 2014-2.7%
Q4 2013+0.8%
Q3 2013
Q2 2013
Q1 2013
Q3 2012
Q2 2012
Q1 2012
Q4 2011

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