Coty (COTY) Q1 FY2027 earnings: revenue $1.6 billion, down 1.4% on the year

Coty Inc. (COTY) reported revenue of $1.6 billion for Q1 FY2027, the quarter ended 30 September 2026, down 1.4% on the same quarter a year earlier. Net income was $110 million, up 61.3% on the year, and diluted earnings per share $0.12. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.

Revenue

$1.6 billion

-1.4% on the year · +22.5% on the quarter

Q2 FY2025Q1 FY2027

Operating margin

11.0%

11.7% a year earlier

Q2 FY2025Q1 FY2027

Net income

$110 million

+61.3% on the year

Q2 FY2025Q1 FY2027

Diluted EPS

$0.12

+71.4% on the year

Q2 FY2025Q1 FY2027

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 new, 1 kept.

Sales down 1%, LFL down 2%: Net revenue was $1,555.2 million, down 1% reported and down 2% like-for-like. The like-for-like decline compares with declines of 6% and 4% in the two halves of fiscal 2026.
Adjusted EBITDA down 7%: Adjusted EBITDA was $274.2 million, down 7% from $296.1 million, with margin at 17.6%, down 120 basis points. Management said the decline moderated from steeper declines in fiscal 2026.
Top 6 core brands back to growth: The Top 6 core Prestige brands grew 5% like-for-like in Q1, after a 6% decline in the first half of fiscal 2026. Five of the six grew, and combined sell-out returned to growth.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q1 FY2027	Q4 FY2026	Q1 FY2026	On the quarter	On the year
Revenue	1,555	1,269	1,577	+22.5%	-1.4%
Cost of revenue	570	496	560	+14.9%	+1.8%
Gross profit	985	773	1,017	+27.4%	-3.1%
Gross margin	63.3%	60.9%	64.5%
Selling, general and administrative	780	745	794	+4.7%	-1.8%
Operating income	170	-42.7	185		-7.9%
Operating margin	11.0%	-3.4%	11.7%
Interest expense	37.3	40.6	51.6	-8.1%	-27.7%
Pre-tax income	157	-89.8	107		+47.0%
Income tax	45.0	52.5	33.1	-14.3%	+36.0%
Effective tax rate	28.6%	n/a	30.9%
Net income	110	-141	67.9		+61.3%
Net margin	7.0%	-11.1%	4.3%
Diluted EPS	$0.12	-$0.16	$0.07		+71.4%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q1 FY2027	Q4 FY2026	Q1 FY2026	On the quarter	On the year
Operating cash flow	130	116	65.2	+12.4%	+100.0%
Capital expenditure	45.8	43.4	54.0	+5.5%	-15.2%
Free cash flow	84.6	72.6	11.2	+16.5%	+655.4%
Free cash flow margin	5.4%	5.7%	0.7%
Cash from investing	204	-74.1	-53.8
Cash from financing	-300	-125	-7.6
Depreciation and amortisation	87.3	128	94.9	-31.9%	-8.0%
Share-based compensation	7.2	7.1	14.5	+1.4%	-50.3%
Dividends paid	n/a	3.3	3.3
Diluted shares, weighted	883m	880m	876m	+0.3%	+0.7%
Shares outstanding at period end	881m	880m	874m	+0.0%	+0.8%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q1 FY2027	Q4 FY2026	Q1 FY2026	On the quarter	On the year
Shareholders' equity	3,107	2,990	3,643	+3.9%	-14.7%
Non-controlling interest	170	172	178	-1.2%	-4.5%
Redeemable equity	142	142	142	0.0%	0.0%
Short-term borrowings	0.0	12.3	0.0
Debt	2,748	3,033	4,022	-9.4%	-31.7%
Operating lease liabilities	183	183	209	+0.1%	-12.4%
Other liabilities	4,003	3,667	3,864	+9.2%	+3.6%
Total liabilities and equity	10,354	10,200	12,058	+1.5%	-14.1%
Fixed assets	626	650	679	-3.6%	-7.8%
Goodwill	3,798	3,810	4,073	-0.3%	-6.8%
Intangible assets	2,732	2,776	3,177	-1.6%	-14.0%
Cash and equivalents	211	176	265	+19.6%	-20.4%
Receivables	704	526	755	+33.8%	-6.8%
Inventory	874	839	808	+4.3%	+8.3%
Other assets	1,409	1,424	2,302	-1.1%	-38.8%
Total assets	10,354	10,200	12,058	+1.5%	-14.1%

Questions

What was Coty's revenue in Q1 FY2027?

Coty (COTY) reported revenue of $1.6 billion for Q1 FY2027, the quarter ended 30 September 2026, down 1.4% on the same quarter a year earlier.

How much did Coty earn in Q1 FY2027?

Net income for Q1 FY2027 was $110 million, up 61.3% on the year, and diluted earnings per share $0.12.

When did Coty report Q1 FY2027 results?

Coty filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.

Quarterly results, the last 20 quarters

	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026	Q4 FY2026 *	Q1 FY2027
Revenue	1,578	1,186	1,168	1,390	1,524	1,289	1,352	1,641	1,728	1,386	1,363	1,672	1,670	1,299	1,252	1,577	1,679	1,282	1,269	1,555
Cost of revenue	561	423	446	501	525	478	502	600	604	488	488	577	556	467	473	560	608	490	496	570
Gross profit	1,017	763	722	889	998	811	850	1,042	1,124	898	875	1,095	1,114	832	780	1,017	1,071	792	773	985
Gross margin	64%	64%	62%	64%	66%	63%	63%	63%	65%	65%	64%	65%	67%	64%	62%	64%	64%	62%	61%	63%
SG&A	719	659	727	671	754	720	673	767	833	771	791	808	797	778	721	794	842	727	745	780
Operating income	244	57.1	-77.4	172	199	43.5	129	198	237	77.8	34.7	238	268	-280	15.5	185	148	-372	-42.7	170
Operating margin	15%	5%	-7%	12%	13%	3%	10%	12%	14%	6%	3%	14%	16%	-22%	1%	12%	9%	-29%	-3%	11%
Interest expense	61.7	60.9	55.8	57.6	65.0	65.2	73.3	66.8	61.7	58.8	64.3	60.4	56.7	50.2	59.7	51.6	52.4	39.6	40.6	37.3
Pre-tax income	309	54.8	-281	204	280	142	78.8	51.1	257	3.4	-107	133	56.6	-461	-73.5	107	-169	-459	-89.8	157
Tax rate	16%	1%	n/a	34%	14%	21%	55%	80%	28%	-159%	n/a	32%	46%	n/a	n/a	31%	n/a	n/a	n/a	29%
Net income	261	53.6	-282	129	238	108	32.9	1.6	181	3.8	-96.9	82.9	23.7	-406	-68.8	67.9	-124	-408	-141	110
Net margin	17%	5%	-24%	9%	16%	8%	2%	0%	10%	0%	-7%	5%	1%	-31%	-5%	4%	-7%	-32%	-11%	7%
Diluted EPS	$0.23	$0.06	-$0.34	$0.15	$0.27	$0.12	$0.03	$0.00	$0.20	$0.00	-$0.12	$0.09	$0.02	-$0.47	-$0.08	$0.07	-$0.14	-$0.47	-$0.16	$0.12
Operating cash flow	449	24.8	-32.9	163	482	-125	105	186	422	-170	176	67.4	464	-122	83.2	65.2	560	-203	116	130
Capital expenditure	41.0	47.0	41.1	75.0	27.1	53.9	66.8	62.2	58.9	64.3	59.8	75.3	45.5	45.9	48.3	54.0	46.6	45.6	43.4	45.8
Free cash flow	408	-22.2	-74.0	88.2	455	-178	38.1	124	363	-234	117	-7.9	419	-168	34.9	11.2	513	-249	72.6	84.6
Dividends paid	0.4	0.1	55.9	3.6	3.5	3.3	3.3	3.3	3.5	3.3	3.3	3.3	3.4	3.2	3.4	3.3	3.3	3.3	3.3	n/a
Shares outstanding	839m	839m	839m	849m	852m	853m	853m	888m	895m	868m	868m	868m	872m	872m	872m	874m	878m	880m	880m	881m
Filing	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.