The latest ecommerce earnings results are out from retailers in Digital Commerce 360’s Top 2000 Database. Ecommerce helped propel e.l.f. Beauty’s overall net sales to 37.8% growth from a year earlier. Tapestry also credited ecommerce successes as its net sales increased by 14.0% year over year.

Parentheses indicate the merchant’s ranking in the Top 2000, unless otherwise noted. The database ranks North America’s largest ecommerce retailers by their annual web sales.

This week’s ecommerce earnings takeaways

• E.l.f. Beauty net sales were up 37.8% from a year ago in its Q3, as ecommerce contributed.
• Tapestry saw net sales rise by 14.0% in its Q2, with direct-to-consumer sales growth outpacing increases from its other channels.

Amazon.com Inc. (No. 1)

Q4 2025 net sales: Amazon.com Inc.’s net sales grew by 13.6% year over year to $213.39 billion in its fiscal fourth quarter ended Dec. 31, 2025. By the year’s end, more than 300 million Amazon customers used Rufus AI, which is Amazon’s AI assistant.

Read more on Amazon’s sales here.

e.l.f. Beauty Inc. (No. 350)

Q3 2026 net sales: E.l.f. Beauty Inc. reported a net sales increase of 37.8% year over year to $489.51 million in its fiscal third quarter ended Dec. 31, 2025. The company primarily attributed growth to its retailer and ecommerce channels, both in the U.S. and internationally.

“Our Q3 results, which included 130 basis points of market share gains for our namesake e.l.f. Cosmetics brand and a record-breaking launch of rhode in Sephora in the U.K., are a continuation of the consistent, category-leading growth we’ve delivered over the past 28 quarters,” said Tarang Amin, chairman and CEO at e.l.f. Beauty. “Our value proposition, powerhouse innovation and disruptive marketing engine continue to fuel our brands.”

Mandy Fields, senior vice president and chief financial officer at e.l.f. Beauty, shared during its earnings call that net sales in the U.S. were up by 36% year over year, while international net sales jumped by 44% over the same period.

Tariff expectations: Fields explained during the earnings call that tariffs contributed to e.l.f. Beauty’s reduced margin from a year ago.

“Q3 gross margin of 71% was down approximately 30 basis points compared to prior year and up 200 basis points sequentially versus Q2, in line with our expectations,” she stated. “The year-over-year decrease was largely driven by tariffs, partially offset by pricing and mix.”

Looking ahead, she noted that “the tariff rate is now at 45%,” essentially unchanged from November 2025 and lower than a recent peak “as high as 170% earlier in the fiscal year.” Assuming that the lower rate does not change, she assessed that e.l.f. would benefit.

“And if it remains at 45%, that becomes a little bit of a tailwind for us as we get into fiscal ’27 given that we retain those higher rates as we started the year,” she said.

The Estée Lauder Companies Inc. (No. 41)

Q2 2026 net sales: The Estée Lauder Companies Inc. recorded a net sales increase of 5.6% year over year to $4.23 billion for its fiscal second quarter ended Dec. 31, 2025. Concluding the first year of chief executive Stéphane de La Faverie’s Beauty Reimagined plan for Estée Lauder, the CEO said his company expanded its consumer coverage across online and brick-and-mortar in every region where it sells.

“For fiscal ’26, online is on track to exceed the 31% of reported sales reached in fiscal ’25 as we increasingly tap into the full potential of this high-growth channel,” de La Faverie told investors during an earnings call.

Read more on Estée Lauder online sales here.

Ralph Lauren Corporation (No. 64)

Q3 2026 revenue: Ralph Lauren Corporation revenue increased by 12.2% year over year to $2.41 billion in its fiscal third quarter ended Dec. 27, 2025. Digital commerce was up in each region where Ralph Lauren operates, with Asia up the most (35%) from a year earlier.

Read more on Ralph Lauren digital sales here.

Tapestry Inc. (No. 47)

Q2 2026 net sales: Tapestry Inc. recorded a net sales increase of 14.0% year over year to $2.50 billion in its fiscal second quarter ended Dec. 27, 2025. During the period, the Coach and Kate Spade owner said its direct-to-consumer revenue was up by 17% on a pro forma basis with help from digital sales.

“We delivered gains across channels, fueled by direct-to-consumer growth of 17% compared to the prior year,” said Scott Row, chief financial officer and chief operating officer at Tapestry, during the company’s earnings call. “This included an increase in digital of approximately 20% and a mid-teens percentage increase in global brick-and-mortar sales, with all channels at strong and increasing profitability.”

Tapestry’s investments in AI: Asked during Tapestry’s call about its use of AI, Joanne Crevoiserat, president, CEO and director at Tapestry, referred to it as “a competitive advantage.”

“We have a lot of data, and we’ve been working on harnessing that data and leveraging tools,” she stated. “So we’re already applying AI tools across the value chain from product development, as you know, to inventory management to pricing to marketing, AI tools are embedded.”

In addition, she noted that Tapestry’s designers make use of AI when iterating on sketches.

“They can make design tweaks much faster than we could in the past,” she explained. “So the speed and the process of design inception and the idea through getting samples and working it through our process increases.”

Under Armour (No. 135)

Q3 2026 revenue: Under Armour said revenue declined by 5.2% year over year to $1.33 billion during its fiscal third quarter ended Dec. 31. The sportswear and equipment brand saw a 10% drop in revenue in North America from a year ago as president and CEO Kevin Plank said the company continued to pursue a turnaround.

“Our third quarter adjusted operating results exceeded expectations, and despite a few unfortunate, non-recurring impacts, we’re encouraged by the progress we’re making in the business to reignite brand momentum,” said Plank. “In North America, we believe the December quarter marked the most challenging phase of our business reset, and we expect greater stability ahead as we build on this progress globally.”

Direct-to-consumer (DTC) revenue, which includes ecommerce, was down by 4% to $647 million, Under Armour reported. Ecommerce revenue as a standalone metric fell by 7% as it accounted for 38% of total DTC revenue in Q3.

Under Armour sales by region: Latin America, where net revenue was up 19.7% year over year to $70.60 million, proved to be a source of growth for Under Armour during Q3. Net revenue in Europe, the Middle East and Africa (EMEA) also grew, up 6.0% to $315.75 million. Planked pointed to relationships with JD Sports and Sports Direct, which helped to buoy EMEA results.

Meanwhile, sales in North America (-10.3%) and the Asia-Pacific region (5.1%) both declined.

Other recent ecommerce earnings results

Alibaba Group Holding Limited

Q2 2026 revenue: Alibaba Group Holding Limited recorded a revenue increase of 4.8%  year over year to 247.8 Chinese yuan (about $34.8 billion) in its fiscal second quarter ended Sept. 30. “In our consumption business, quick commerce continued to scale with significant improvement in unit economics and drove rapid growth in monthly active consumers on the Taobao app,” said Alibaba CEO Eddie Wu.

Read more on Alibaba’s ecommerce earnings here.

Costco Wholesale Corporation (No. 7)

Q1 2026 net sales: Costco Wholesale Corporation reported net sales growth of 8.2% year over year to $65.98 billion in its fiscal Q1 ended Nov. 22. Digitally enabled sales during the period were up 20.5% from a year earlier.

Read more on Costco’s ecommerce sales here.

The Home Depot Inc. (No. 4)

Q3 2025 net sales: The Home Depot Inc. reported net sales grew 28.9% year over year to $41.4 billion in its fiscal third quarter ended Nov. 2. In the meantime, William Bastek, executive vice president of merchandising at Home Depot, shared that online sales were up 11% year over year.

Read more on Home Depot’s online sales here.

Target Corporation (No. 5)

Q3 2025 net sales: Target Corporation net sales fell 1.5% year over year to $25.3 billion in its fiscal third quarter ended Nov. 1. Despite Target’s ongoing struggles, online sales for the retailer still managed to increase 2.4% year over year during the quarter.

Read more on Target’s online sales here.

Walmart Inc. (No. 2)

Q3 2026 total revenue: Walmart Inc.’s total revenue grew 5.8% year over year to $179.5 billion in its fiscal third quarter ended Oct. 31. During its Q3, Walmart online sales increased 27% year over year, marking 14 straight quarters of at least 10% growth.

Read more on Walmart’s ecommerce earnings here.

Ecommerce earnings calendar

Here’s when other ecommerce earnings are scheduled to report this quarter:

• Harley-Davidson: Feb. 10
• CVS Health: Feb. 11
• SharkNinja: Feb. 11
• Crocs: Feb. 12
• Advance Auto Parts: Feb. 13
• Gildan Activewear: Feb. 19

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