Ulta Beauty revenue and financials

ULTA · NASDAQ · USD

$547.29+0.84%+$4.57

Close · October 6, 2026

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%.

Annual revenue · 2026: $12.39B
  1. $4.85B2017
  2. $5.88B2018
  3. $6.72B2019
  4. $7.4B2020
  5. $6.15B2021
  6. $8.63B2022
  7. $10.21B2023
  8. $11.21B2024
  9. $11.3B2025
  10. $12.39B2026

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.

ItemQ to Jul 2026Q to Apr 2026Q to Jan 2026Q to Oct 2025Q to Jul 2025Q to Apr 2025Q to Jan 2025Q to Oct 2024Q to Jul 2024Q to Apr 2024Q to Jan 2024Q to Oct 2023
Total assets6,9646,8956,9997,0126,6315,9876,0025,9585,7375,6325,7075,595
Current assets3,0693,0223,1443,3713,0692,9403,0292,9552,7992,7612,8372,792
Cash and equivalents158166424205243455703178414525767122
Short-term investments55.055.070.0—————————
Receivables249248296237224225223214201203208203
Inventory2,4072,3862,2262,7442,4072,1222,0142,3651,9981,9061,7802,321
Net property, plant and equipment3,2923,2703,2473,0773,0152,9102,8492,8832,8262,7572,7572,696
Goodwill22322522639339310.910.910.910.910.910.910.9
Other intangible assets2002022036.15.5—0.20.30.40.40.50.6
Current liabilities2,2812,3042,2242,5382,2011,7641,7791,8161,5911,5731,6581,837
Accounts payable646714686759709538564593567464544597
Total debt——2,182—————————
Total liabilities4,3204,3144,1964,3794,0273,5563,5133,6293,3893,3313,4283,566
Total equity (incl. minority)2,6442,5812,8032,6332,6042,4302,4882,3292,3482,3012,2792,029
Retained earnings1,5681,5221,7371,5781,5721,4201,4741,3301,3551,3151,2871,052