Friday 30 October 2026 Export ULTA’s income statement to Excel — free account

Ulta Beauty Inc.

Ulta Beauty Inc.’s revenue for fiscal 2026 (year ended January 2026) was $12.4 billion, up 9.71% from fiscal 2025. In the quarter to July 2026, revenue grew 8.87%, EPS grew 13.3%, free cash flow grew 96.5% and total debt rose 17.5%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years.

639.45 8.83 −1.36%

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Market cap: $27.7B
P/E: 23.5×
Fwd P/E: 21.6×
Dividend yield: —
F-score: 6/9
Altman Z: 7.15
Beneish M: −2.39
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Ulta Beauty Inc. (ULTA) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
Reportable Segment, Aggregation before Other Operating Segment	12,393	100.00%
Gross margin		39.10%
Operating margin		12.37%
Pre-tax margin		12.36%

Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023	FY2019	FY2018	FY2017
Reportable Segment, Aggregation before Other Operating Segment	12,393 100.00%	11,296 100.00%	11,207 100.00%	10,209 100.00%	—	—	—
Retail Stores	—	—	—	—	5,615 83.59%	5,038 85.62%	4,268 87.92%
E Commerce	—	—	—	—	752 11.20%	569 9.66%	345 7.11%
Salon	—	—	—	—	301 4.48%	277 4.71%	241 4.97%
Other Segments	—	—	—	—	49 0.73%	—	—
Revenue	12,393	11,296	11,207	10,209	6,717	5,885	4,855

Gross profit by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2019	FY2018	FY2017
Reportable Segment, Aggregation before Other Operating Segment	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Average ticket	Q1 FY2027	3.70%	2.30%	—
Comparable sales	Q2 FY2027	3.80%	6.70%	—
New store openings, net	Q2 FY2027	14.00	—	—
Stores remodeled	Q2 FY2027	7.00	—	—
Total gross square feet	Q2 FY2027	16.1M	15.4M	+4.86%
Total stores open	Q2 FY2027	1.6K	1.5K	+10.12%
Transactions	Q1 FY2027	1.60%	0.60%	—

	Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024
Average ticket	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Comparable sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New store openings, net	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Stores remodeled	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total gross square feet	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total stores open	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Transactions	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.