Ulta Beauty revenue and financials
$547.29Change from previous close: +0.84%Absolute change: +$4.57
In the fiscal year ended January 2026, Ulta Beauty reported revenue of $12.39B (+9.71% year over year). Net income was $1.15B, a net margin of 9.3%.
Fiscal year ending in January. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +9.71%
- FY to Jan 2026 vs FY to Jan 2025
- Net income growth
- −3.97%
- FY to Jan 2026 vs FY to Jan 2025
- Net margin
- 9.3%
- FY to Jan 2025: 10.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Jan 2026 | FY to Jan 2025 | FY to Jan 2024 | FY to Jan 2023 | FY to Jan 2022 | FY to Jan 2021 | FY to Jan 2020 | FY to Jan 2019 | FY to Jan 2018 | FY to Jan 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 12,393 | 11,296 | 11,207 | 10,209 | 8,631 | 6,152 | 7,398 | 6,717 | 5,885 | 4,855 |
| Cost of revenue | 7,548 | 6,908 | 6,826 | 6,164 | 5,262 | 4,203 | 4,717 | 4,307 | 3,788 | 3,108 |
| Gross profit | 4,845 | 4,387 | 4,381 | 4,045 | 3,369 | 1,949 | 2,681 | 2,409 | 2,097 | 1,747 |
| Selling, general and administrative | 3,786 | 3,254 | 3,128 | 2,801 | 2,451 | — | — | — | — | — |
| Operating income | 1,533 | 1,565 | 1,678 | 1,639 | 1,297 | 237 | 901 | 854 | 785 | 655 |
| EBIT | 1,533 | 1,565 | 1,678 | 1,639 | 1,297 | — | — | — | — | — |
| EBITDA | 1,834 | 1,832 | 1,921 | 1,879 | 1,565 | — | — | — | — | — |
| Interest expense | 1.8 | — | — | — | 1.7 | — | — | — | — | — |
| Pre-tax income | 1,527 | 1,580 | 1,696 | 1,644 | 1,296 | — | — | — | — | — |
| Income tax | 374 | 379 | 405 | 401 | 310 | 55.3 | 200 | 201 | 232 | 246 |
| Net income | 1,153 | 1,201 | 1,291 | 1,242 | 986 | 176 | 706 | 659 | 555 | 410 |
| Net income to common shareholders | 1,153 | 1,201 | 1,291 | 1,242 | 986 | — | — | — | — | — |
| Basic EPS | 25.72 | 25.44 | 26.18 | 24.17 | 18.09 | 3.12 | 12.21 | 11.00 | 9.02 | 6.55 |
| Diluted EPS | 25.64 | 25.34 | 26.03 | 24.01 | 17.98 | 3.11 | 12.15 | 10.94 | 8.96 | 6.52 |
| Average shares (basic) | 44.8 | 47.2 | 49.3 | 51.4 | 54.5 | — | — | — | — | — |
| Average shares (diluted) | 45.0 | 47.4 | 49.6 | 51.7 | 54.8 | 56.6 | 58.1 | 60.2 | 62.0 | 62.9 |