Ulta Beauty, Inc. (ULTA) — Financial statements
Income statement, balance sheet, and cash flow for Ulta Beauty, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 12,393↑9.7% | 11,296↑0.8% | 11,207↑9.8% | 10,209↑18.3% | 8,631 | |
| Cost of Revenue | 7,548↑9.3% | 6,908↑1.2% | 6,826↑10.7% | 6,164↑17.1% | 5,262 | |
| Gross Profit | 4,845↑10.4% | 4,387↑0.1% | 4,381↑8.3% | 4,045↑20.1% | 3,369 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 3,296↑17.4% | 2,809↑4.2% | 2,695↑12.5% | 2,395↑13.1% | 2,118 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 3,296↑17.4% | 2,809↑4.2% | 2,695↑12.5% | 2,395↑13.1% | 2,118 | |
| Total Costs & Expenses | 10,844↑11.6% | 9,717↑2.1% | 9,521↑11.2% | 8,559↑16.0% | 7,380 | |
| Operating Results | ||||||
| Operating Income | 1,549↓1.9% | 1,579↓6.4% | 1,687↑2.3% | 1,649↑31.9% | 1,251 | |
| Depreciation & Amortization | 301↑12.6% | 267↑9.5% | 244↑1.0% | 241↓10.1% | 268 | |
| EBITDA | 1,850↑0.1% | 1,847↓4.8% | 1,939↑2.9% | 1,885↑20.4% | 1,566 | |
| EBIT | 1,549↓2.0% | 1,580↓6.8% | 1,696↑3.2% | 1,644↑26.7% | 1,297 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↓111.8% | 15↓14.3% | 18↑257.2% | 5↑396.7% | -2 | |
| Interest Income | 0.00↓100.0% | 15↓14.3% | 18↑257.2% | 5 | 0.00 | |
| Interest Expense | 2 | 0.00 | 0.00 | 0.00↓100.0% | 2 | |
| Non-Operating Income | 0.00↑100.0% | -1↑84.6% | -9↓260.8% | 6↑112.1% | -47 | |
| Other Income / Expenses | -18↓1353.2% | 1↓84.6% | 9↑260.8% | -6↓112.5% | 45 | |
| Income Before Tax | 1,531↓3.1% | 1,580↓6.8% | 1,696↑3.2% | 1,644↑26.8% | 1,296 | |
| Income Tax Expense | 374↓1.3% | 379↓6.4% | 405↑0.9% | 401↑29.4% | 310 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,157↓3.6% | 1,201↓7.0% | 1,291↑3.9% | 1,242↑26.0% | 986 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,153↓4.0% | 1,201↓7.0% | 1,291↑3.9% | 1,242↑26.0% | 986 | |
| Bottom-Line Net Income | 1,153↓4.0% | 1,201↓7.0% | 1,291↑3.9% | 1,242↑26.0% | 986 | |
| EPS (Basic) | 25.72↑1.1% | 25.44↓2.8% | 26.18↑8.3% | 24.17↑33.6% | 18.09 | |
| EPS (Diluted) | 25.64↑1.2% | 25.34↓2.7% | 26.03↑8.4% | 24.01↑33.5% | 17.98 | |
| Weighted Average Shares | 45↓5.0% | 47↓4.3% | 49↓4.1% | 51↓5.7% | 54 | |
| Weighted Average Diluted Shares | 45↓5.1% | 47↓4.4% | 50↓4.1% | 52↓5.7% | 55 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.