Ulta Beauty Income Statement

Financials in millions USD. Fiscal year is February - January.

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 1, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Revenue	12,956	12,393	11,296	11,207	10,209	8,631
Revenue Growth	11.16%	9.71%	0.79%	9.78%	18.28%	40.29%
Cost of Revenue	7,372	7,058	6,463	6,393	5,758	4,873
Gross Profit	5,583	5,335	4,833	4,814	4,450	3,758
Selling, General & Admin	3,951	3,786	3,254	3,128	2,801	2,451
Operating Expenses	3,969	3,802	3,268	3,136	2,812	2,460
Operating Income	1,614	1,533	1,565	1,678	1,639	1,297
Interest Expense	-9.78	-1.79	-	-	-	-1.66
Interest & Investment Income	-	-	15.09	17.62	4.93	-
Earnings From Equity Investments	-6.28	-3.86	-	-	-	-
EBT Excluding Unusual Items	1,598	1,527	1,580	1,696	1,644	1,296
Pretax Income	1,598	1,527	1,580	1,696	1,644	1,296
Income Tax Expense	388.17	373.87	378.95	404.65	401.14	309.99
Net Income	1,210	1,153	1,201	1,291	1,242	985.84
Net Income to Common	1,210	1,153	1,201	1,291	1,242	985.84
Net Income Growth	0.72%	-3.97%	-6.96%	3.91%	26.03%	460.66%
Shares Outstanding (Basic)	44	45	47	49	51	54
Shares Outstanding (Diluted)	44	45	47	50	52	55
Shares Change	-4.22%	-5.09%	-4.42%	-4.14%	-5.66%	-3.04%
EPS (Basic)	27.53	25.72	25.44	26.18	24.17	18.09
EPS (Diluted)	27.45	25.64	25.34	26.03	24.01	17.98
EPS Growth	5.21%	1.18%	-2.65%	8.41%	33.54%	478.13%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug '26 Aug 1, 2026	Jan '26 Jan 31, 2026	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022
Free Cash Flow	1,149	1,068	964.15	1,041	1,170	887.08
Free Cash Flow Per Share	26.07	23.74	20.34	20.99	22.61	16.18
Gross Margin	43.10%	43.05%	42.78%	42.95%	43.59%	43.54%
Operating Margin	12.46%	12.37%	13.86%	14.97%	16.05%	15.03%
Profit Margin	9.34%	9.31%	10.63%	11.52%	12.17%	11.42%
Free Cash Flow Margin	8.87%	8.62%	8.54%	9.29%	11.46%	10.28%
EBITDA	1,934	1,834	1,832	1,921	1,879	1,565
EBITDA Margin	14.93%	14.79%	16.22%	17.14%	18.41%	18.13%
D&A For EBITDA	320.09	300.57	266.74	242.95	240.36	267.53
EBIT	1,614	1,533	1,565	1,678	1,639	1,297
EBIT Margin	12.46%	12.37%	13.86%	14.97%	16.05%	15.03%
Effective Tax Rate	24.29%	24.48%	23.98%	23.86%	24.41%	23.92%
Advertising Expenses	-	490.98	431.46	422.78	374.73	387.79

SEC Filings: 10-K · 10-Q