Ulta Beauty financials
$547.89−0.23%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '27 Aug 1 | Q1 '27 May 2 | Q4 '26 Jan 31 | Q3 '26 Nov 1 | Q2 '26 Aug 2 | Q1 '26 May 3 | Q4 '25 Feb 1 | Q3 '25 Nov 2 | Q2 '25 Aug 3 | Q1 '25 May 4 | Q4 '24 Feb 3 | Q3 '24 Oct 28 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.04B | $3.16B | $3.90B | $2.86B | $2.79B | $2.85B | $3.49B | $2.53B | $2.55B | $2.73B | $3.55B | $2.49B |
| Gross profit | $1.19B | $1.27B | $1.48B | $1.16B | $1.09B | $1.11B | $1.33B | $1.01B | $978.2M | $1.07B | $1.34B | $992.1M |
| Gross margin | 39.1% | 40.1% | 38.1% | 40.4% | 39.2% | 39.1% | 38.2% | 39.7% | 38.3% | 39.2% | 37.7% | 39.9% |
| Operating income | $379.6M | $448.3M | $476.9M | $309.4M | $344.9M | $401.8M | $516.3M | $318.5M | $329.2M | $400.9M | $517.1M | $327.2M |
| Net income | $282.0M | $340.5M | $356.7M | $230.9M | $260.9M | $305.1M | $393.3M | $242.2M | $252.6M | $313.1M | $394.4M | $249.5M |
| Net margin | 9.3% | 10.8% | 9.1% | 8.1% | 9.4% | 10.7% | 11.3% | 9.6% | 9.9% | 11.5% | 11.1% | 10.0% |
| Diluted EPS | $6.55 | $7.74 | $8.02 | $5.14 | $5.78 | $6.70 | $8.46 | $5.14 | $5.30 | $6.47 | $8.07 | $5.07 |
| EBITDA | $461.0M | $529.7M | $558.7M | $385.2M | $416.0M | $473.8M | $586.3M | $385.5M | $391.5M | $468.7M | $579.7M | $388.6M |
| Operating cash flow | $119.7M | $261.9M | $1.18B | $5.6M | $96.5M | $220.0M | $1.04B | -$56.8M | $199.5M | $159.3M | $1.12B | -$70.8M |
| Free cash flow | $38.4M | $203.6M | $989.0M | -$81.6M | $19.6M | $141.0M | $962.6M | -$171.1M | $104.3M | $68.3M | $994.0M | -$177.1M |
| Diluted shares | 43.1M | 44.0M | 44.4M | 44.9M | 45.1M | 45.5M | 46.5M | 47.1M | 47.7M | 48.4M | 48.8M | 49.2M |
Balance sheet
| Period end | Aug 1 | May 2 | Jan 31 | Nov 1 | Aug 2 | May 3 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $158.5M | $166.3M | $424.2M | $204.9M | $242.7M | $454.6M |
| Short-term investments | $55.0M | $55.0M | $70.0M | $0.00 | $0.00 | $0.00 |
| Total debt | $339.6M | $144.9M | $62.3M | $551.7M | $289.1M | $0.00 |
| Total assets | $6.96B | $6.90B | $7.00B | $7.01B | $6.63B | $5.99B |
| Total liabilities | $4.32B | $4.31B | $4.20B | $4.38B | $4.03B | $3.56B |
| Shareholders' equity | $2.64B | $2.58B | $2.80B | $2.63B | $2.60B | $2.43B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology