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 revenue3,0363,1643,8982,8582,7882,8483,4882,5302,5522,7263,5542,489
Cost of revenue1,8491,8961,9251,7021,6971,7341,7091,5241,5741,6561,7811,497
Gross profit1,1871,2681,9731,1561,0921,1141,7791,0069781,0701,774992
Selling, general and administrative8038151,4938417427111,2616826456661,253661
Operating income380448477309345402516319329401517327
EBIT380448477309345402516319329401517327
EBITDA461530559385416474586386395466579389
Interest expense3.7—2.64.1————————
Pre-tax income374447473304346405518320334408520330
Income tax91.910711673.484.899.612578.081.294.712680.2
Net income282340357231261305393242253313394249
Net income to common shareholders282340357231261305393242253313394249
Basic EPS6.577.788.055.165.806.728.505.165.326.518.135.09
Diluted EPS6.557.748.015.145.786.708.475.145.306.478.085.07
Average shares (basic)43.043.844.344.745.045.446.346.947.548.148.549.0
Average shares (diluted)43.144.044.544.945.145.546.547.147.748.448.849.2