Ulta Beauty, Inc. (ULTA) Financial Statements
Industry: Retail Stores (Other) (Retail)
In fiscal 2026, Ulta Beauty reported revenue of $12.39B, up 9.7% from $11.30B the year before. Net income was $1.15B (a 9.3% net margin), or $25.64 per diluted share. Gross margin was 39.1% and operating margin was 12.4%. Operating activities generated $1.50B of cash, leaving $1.07B of free cash flow. At fiscal year end, Ulta Beauty held $7.00B in total assets against $4.20B in total liabilities, including $424.2M of cash and equivalents.
Open the full interactive Ulta Beauty financials → Quarterly statements, key ratios, valuation history and price charts.
Ulta Beauty Key Stats
| Share Price | $579.00 |
|---|---|
| Market Cap | $24.93B |
| P/E Ratio | 22.6 |
| Revenue YoY Growth | +9.7% |
| 52-Week Range | $450.75 – $706.82 |
| Shares Outstanding | 43.0 million (basic, 2027 Q2) |
Ulta Beauty Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $6.15B | $8.63B | $10.21B | $11.21B | $11.30B | $12.39B |
| Gross Profit | $1.95B | $3.37B | $4.04B | $4.38B | $4.39B | $4.85B |
| Operating Income | $236.8M | $1.30B | $1.64B | $1.68B | $1.56B | $1.53B |
| Pre-Tax Income | $231.1M | $1.30B | $1.64B | $1.70B | $1.58B | $1.53B |
| Income Tax | $55.2M | $310.0M | $401.1M | $404.6M | $378.9M | $373.9M |
| Net Income | $175.8M | $985.8M | $1.24B | $1.29B | $1.20B | $1.15B |
| Diluted EPS | $3.11 | $17.98 | $24.01 | $26.03 | $25.34 | $25.64 |
Ulta Beauty Quarterly Results
| 2026 Q3 | 2026 Q4 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $2.86B | $3.90B | $3.16B | $3.04B |
| Net Income | $230.9M | $356.7M | $340.5M | $282.0M |
| Diluted EPS | $5.14 | $7.93 | $7.74 | $6.55 |
Ulta Beauty Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.05B | $431.6M | $737.9M | $766.6M | $703.2M | $424.2M |
| Current Assets | $2.51B | $2.28B | $2.71B | $2.84B | $3.03B | $3.14B |
| Total Assets | $5.09B | $4.76B | $5.37B | $5.71B | $6.00B | $7.00B |
| Current Liabilities | $1.34B | $1.56B | $1.68B | $1.66B | $1.78B | $2.22B |
| Total Long-Term Debt | — | — | — | — | — | $62.3M |
| Total Liabilities | $3.09B | $3.23B | $3.41B | $3.43B | $3.51B | $4.20B |
| Shareholders' Equity | $2.00B | $1.54B | $1.96B | $2.28B | $2.49B | $2.80B |
Ulta Beauty Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $810.4M | $1.06B | $1.48B | $1.48B | $1.34B | $1.50B |
| Cash From Investing | -$48.8M | -$176.5M | -$314.6M | -$441.4M | -$383.1M | -$931.3M |
| Cash From Financing | -$107.9M | -$1.50B | -$861.0M | -$1.01B | -$1.02B | -$850.7M |
| Free Cash Flow | $658.5M | $887.1M | $1.17B | $1.04B | $964.1M | $1.07B |
Figures from Ulta Beauty's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Ulta Beauty financials page for every line item.
Ulta Beauty Company Profile
| Ticker | ULTA |
|---|---|
| Exchange | Nasdaq |
| Industry | Retail Stores (Other) (Retail) |
| Headquarters | Bolingbrook, Illinois |
| Fiscal Year End | January 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001403568 |
Frequently Asked Questions
What was Ulta Beauty's revenue in fiscal 2026?
Ulta Beauty (ULTA) reported revenue of $12.39B for fiscal 2026.
What is Ulta Beauty's annual revenue history?
Ulta Beauty's annual revenue by fiscal year: 2021: $6.15B; 2022: $8.63B; 2023: $10.21B; 2024: $11.21B; 2025: $11.30B; 2026: $12.39B.
What was Ulta Beauty's net income in fiscal 2026?
Ulta Beauty reported net income of $1.15B for fiscal 2026.
What was Ulta Beauty's earnings per share (EPS) in fiscal 2026?
Ulta Beauty's diluted EPS was $25.64 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Ulta Beauty generate in fiscal 2026?
Ulta Beauty generated $1.07B of free cash flow in fiscal 2026.
What was Ulta Beauty's revenue last quarter?
In its most recent reported quarter (2027 Q2), Ulta Beauty reported revenue of $3.04B.
How much debt does Ulta Beauty have?
Ulta Beauty reported $62.3M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Ulta Beauty are outstanding?
Ulta Beauty reported a weighted average of 43.0 million basic shares outstanding in 2027 Q2.
What is Ulta Beauty's market cap?
Based on its latest closing price, Ulta Beauty (ULTA) has a market capitalization of about $24.93B.
When does Ulta Beauty's fiscal year end?
Ulta Beauty's fiscal year end, as registered with the SEC, is January 30.
Where is Ulta Beauty headquartered?
Ulta Beauty lists its business address in Bolingbrook, Illinois in its SEC filings.