The present invention provides a cosmetic in which an oil-soluble functional component and an oleophilic porous powder are each stably dispersed in an aqueous medium.The cosmetic of the present invention comprises (A) an oleophilic porous powder, (B) an oil-in-water emulsified particle containing an oil-soluble functional ingredient, (C) a polymer dispersant, and (D) an aqueous medium; wherein, the component (C) is present on the surface of component (A), and the component (A) and the component (B) are dispersed in the component (D).本發明係提供一種化妝料,係油溶性之機能性成分與親油性多孔質粉體已分別安定地分散於水性介質中者。本發明之化妝料,係含有:(A)親油性多孔質粉體、(B)內含有油溶性機能性成分之水中油型乳化粒子、(C)高分子分散劑、及(D)水性介質,於成分(A)之表面存在有成分(C),成分(A)及成分(B)係分別分散於成分(D)中。