Coty posts $411.4M Q3 net loss on $362.8M impairment; revenue falls 1%
Coty reported fiscal third-quarter 2026 results for the period ended March 31, 2026. Net revenue fell 1% to $1,281.6 million, and the reported net loss widened to $411.4 million, driven by a $362.8 million impairment charge on the Consumer Beauty business. The company guided to fiscal 2026 adjusted EBITDA of $838 million to $848 million and adjusted EPS of $0.33 to $0.35, excluding the equity swap.
Key points
- Q3 net revenue was $1,281.6 million, down 1% reported and down 7% like-for-like; adjusted EBITDA fell 38% to $127.0 million.
- Reported operating loss was $372.0 million, including the $362.8 million impairment charge; adjusted EPS was a loss of $0.03 versus $0.01 a year earlier.
- Fiscal 2026 outlook: adjusted EBITDA of approximately $838 million to $848 million; fourth-quarter adjusted EBITDA of $85 million to $95 million.
- Total debt rose to $3,216.2 million on March 31, 2026, from $3,038.1 million on December 31, 2025.
The filing
Written by AI on Nov 8, 2026, 1:39 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.