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    ULTA logo Ulta Beauty +
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    Ulta Beauty
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    • Revenue
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    Ulta Beauty's Revenue (2016 - 2025)

    • Ulta Beauty's annual revenue was $12.39 B in fiscal year 2025. The annual revenue increased $1.10 B from $11.30 B (in 2024) to $12.39 B (in 2025), representing a 9.71% year-over-year growth.

    • Ulta Beauty's quarterly revenue was $3.16 B in the quarter ending May 2026. The quarterly revenue increased $315.49 M from $2.85 B (in Q1: Dec 2025) to $3.16 B (in Q1: Dec 2026), representing a 11.08% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
    • The highest annual revenue for Ulta Beauty was $12.39 B in fiscal year 2025.
    • The lowest annual revenue was $4.85 B in fiscal year 2016.
    • The average revenue was $8.47 B.

    • Learn more about Ulta Beauty's Revenue by Segment and Revenue by Region.

      Check out competitors to Ulta Beauty in a side-by-side comparison.

      Explore additional financial metrics for Ulta Beauty.


      Definition of Revenue :
    • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
    Continue reading...

    Ulta Beauty's Revenue Trend

    2015 3924116000.00
    2016 4854737000.00
    2017 5884506000.00
    2018 6716615000.00
    2019 7398068000.00
    2020 6151953000.00
    2021 8630889000.00
    2022 10208580000.00
    2023 11207303000.00
    2024 11295654000.00
    2025 12392820000.00
    Jan 2016 1268295000.00
    Apr 2016 1073716000.00
    Jul 2016 1069215000.00
    Oct 2016 1131232000.00
    Jan 2017 1580574000.00
    Apr 2017 1314879000.00
    Jul 2017 1289854000.00
    Oct 2017 1342181000.00
    Jan 2018 1937592000.00
    May 2018 1543667000.00
    Aug 2018 1488221000.00
    Nov 2018 1560011000.00
    Jan 2019 2124716000.00
    May 2019 1743029000.00
    Aug 2019 1666607000.00
    Nov 2019 1682514000.00
    Jan 2020 2305918000.00
    May 2020 1173210000.00
    Aug 2020 1228009000.00
    Oct 2020 1552033000.00
    Jan 2021 2198701000.00
    May 2021 1938519000.00
    Jul 2021 1967207000.00
    Oct 2021 1995775000.00
    Jan 2022 2729388000.00
    Apr 2022 2345901000.00
    Jul 2022 2297113000.00
    Oct 2022 2338793000.00
    Jan 2023 3226773000.00
    Apr 2023 2634263000.00
    Jul 2023 2529809000.00
    Oct 2023 2488933000.00
    Jan 2024 3554298000.00
    May 2024 2725848000.00
    Aug 2024 2552087000.00
    Nov 2024 2530100000.00
    Jan 2025 3487619000.00
    May 2025 2848367000.00
    Aug 2025 2788469000.00
    Nov 2025 2857623000.00
    Jan 2026 3898361000.00
    May 2026 3163857000.00

    2025

    Ulta Beauty's annual revenue was $12.39 B in fiscal year 2025.

    Ulta Beauty's quarterly revenue was $2.85 B(Q1: May 2025), $2.79 B(Q2: Aug 2025), $2.86 B(Q3: Nov 2025), $3.90 B(Q4: Jan 2026) in fiscal year 2025.

    2024

    Ulta Beauty's annual revenue was $11.30 B in fiscal year 2024.

    Ulta Beauty's quarterly revenue was $2.73 B(Q1: May 2024), $2.55 B(Q2: Aug 2024), $2.53 B(Q3: Nov 2024), $3.49 B(Q4: Jan 2025) in fiscal year 2024.

    2023

    Ulta Beauty's annual revenue was $11.21 B in fiscal year 2023.

    Ulta Beauty's quarterly revenue was $2.63 B(Q1: Apr 2023), $2.53 B(Q2: Jul 2023), $2.49 B(Q3: Oct 2023), $3.55 B(Q4: Jan 2024) in fiscal year 2023.

    2022

    Ulta Beauty's annual revenue was $10.21 B in fiscal year 2022.

    Ulta Beauty's quarterly revenue was $2.35 B(Q1: Apr 2022), $2.30 B(Q2: Jul 2022), $2.34 B(Q3: Oct 2022), $3.23 B(Q4: Jan 2023) in fiscal year 2022.

    2021

    Ulta Beauty's annual revenue was $8.63 B in fiscal year 2021.

    Ulta Beauty's quarterly revenue was $1.94 B(Q1: May 2021), $1.97 B(Q2: Jul 2021), $2.00 B(Q3: Oct 2021), $2.73 B(Q4: Jan 2022) in fiscal year 2021.

    2020

    Ulta Beauty's annual revenue was $6.15 B in fiscal year 2020.

    Ulta Beauty's quarterly revenue was $1.17 B(Q1: May 2020), $1.23 B(Q2: Aug 2020), $1.55 B(Q3: Oct 2020), $2.20 B(Q4: Jan 2021) in fiscal year 2020.

    2019

    Ulta Beauty's annual revenue was $7.40 B in fiscal year 2019.

    Ulta Beauty's quarterly revenue was $1.74 B(Q1: May 2019), $1.67 B(Q2: Aug 2019), $1.68 B(Q3: Nov 2019), $2.31 B(Q4: Jan 2020) in fiscal year 2019.

    2018

    Ulta Beauty's annual revenue was $6.72 B in fiscal year 2018.

    Ulta Beauty's quarterly revenue was $1.54 B(Q1: May 2018), $1.49 B(Q2: Aug 2018), $1.56 B(Q3: Nov 2018), $2.12 B(Q4: Jan 2019) in fiscal year 2018.

    2017

    Ulta Beauty's annual revenue was $5.88 B in fiscal year 2017.

    Ulta Beauty's quarterly revenue was $1.31 B(Q1: Apr 2017), $1.29 B(Q2: Jul 2017), $1.34 B(Q3: Oct 2017), $1.94 B(Q4: Jan 2018) in fiscal year 2017.

    2016

    Ulta Beauty's annual revenue was $4.85 B in fiscal year 2016.

    Ulta Beauty's quarterly revenue was $1.07 B(Q1: Apr 2016), $1.07 B(Q2: Jul 2016), $1.13 B(Q3: Oct 2016), $1.58 B(Q4: Jan 2017) in fiscal year 2016.

    Continue reading...

    Ulta Beauty's Revenue (Year-over-Year Change)

    2015 0
    2016 +23.72
    2017 +21.21
    2018 +14.14
    2019 +10.15
    2020 -16.84
    2021 +40.30
    2022 +18.28
    2023 +9.78
    2024 +0.79
    2025 +9.71
    Q1: Apr 16 23.68
    Q2: Jul 16 21.92
    Q3: Oct 16 24.22
    Q4: Jan 17 24.62
    Q1: Apr 17 22.46
    Q2: Jul 17 20.64
    Q3: Oct 17 18.65
    Q4: Jan 18 22.59
    Q1: May 18 17.40
    Q2: Aug 18 15.38
    Q3: Nov 18 16.23
    Q4: Jan 19 9.66
    Q1: May 19 12.91
    Q2: Aug 19 11.99
    Q3: Nov 19 7.85
    Q4: Jan 20 8.53
    Q1: May 20 -32.69
    Q2: Aug 20 -26.32
    Q3: Oct 20 -7.76
    Q4: Jan 21 -4.65
    Q1: May 21 65.23
    Q2: Jul 21 60.19
    Q3: Oct 21 28.59
    Q4: Jan 22 24.14
    Q1: Apr 22 21.02
    Q2: Jul 22 16.77
    Q3: Oct 22 17.19
    Q4: Jan 23 18.22
    Q1: Apr 23 12.29
    Q2: Jul 23 10.13
    Q3: Oct 23 6.42
    Q4: Jan 24 10.15
    Q1: May 24 3.48
    Q2: Aug 24 0.88
    Q3: Nov 24 1.65
    Q4: Jan 25 -1.88
    Q1: May 25 4.49
    Q2: Aug 25 9.26
    Q3: Nov 25 12.95
    Q4: Jan 26 11.78
    Q1: May 26 11.08

    2025

    Ulta Beauty’s annual revenue increased +9.71% during fiscal year 2025 compared to 2024. It represents a growth of $1.10 B from $11.30 B (in 2024) to $12.39 B (in 2025).

    2024

    Ulta Beauty’s annual revenue increased +0.79% during fiscal year 2024 compared to 2023. It represents a growth of $88.35 M from $11.21 B (in 2023) to $11.30 B (in 2024).

    2023

    Ulta Beauty’s annual revenue increased +9.78% during fiscal year 2023 compared to 2022. It represents a growth of $998.72 M from $10.21 B (in 2022) to $11.21 B (in 2023).

    2022

    Ulta Beauty’s annual revenue increased +18.28% during fiscal year 2022 compared to 2021. It represents a growth of $1.58 B from $8.63 B (in 2021) to $10.21 B (in 2022).

    2021

    Ulta Beauty’s annual revenue increased +40.30% during fiscal year 2021 compared to 2020. It represents a growth of $2.48 B from $6.15 B (in 2020) to $8.63 B (in 2021).

    2020

    Ulta Beauty’s annual revenue decreased -16.84% during fiscal year 2020 compared to 2019. It represents a decline of $1.25 B from $7.40 B (in 2019) to $6.15 B (in 2020).

    2019

    Ulta Beauty’s annual revenue increased +10.15% during fiscal year 2019 compared to 2018. It represents a growth of $681.45 M from $6.72 B (in 2018) to $7.40 B (in 2019).

    2018

    Ulta Beauty’s annual revenue increased +14.14% during fiscal year 2018 compared to 2017. It represents a growth of $832.11 M from $5.88 B (in 2017) to $6.72 B (in 2018).

    2017

    Ulta Beauty’s annual revenue increased +21.21% during fiscal year 2017 compared to 2016. It represents a growth of $1.03 B from $4.85 B (in 2016) to $5.88 B (in 2017).

    2016

    Ulta Beauty’s annual revenue increased +23.72% during fiscal year 2016 compared to 2015. It represents a growth of $930.62 M from $3.92 B (in 2015) to $4.85 B (in 2016).

    Continue reading...

    Ulta Beauty Revenue History

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    Period Revenue Year-over-Year Change

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    FY 2025
    $12.39 B $1.10 B 9.71%
    Q4: Jan 26 $3.90 B $410.74 M 11.78%
    Q3: Nov 25 $2.86 B $327.52 M 12.95%
    Q2: Aug 25 $2.79 B $236.38 M 9.26%
    Q1: May 25 $2.85 B $122.52 M 4.49%

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    FY 2024
    $11.30 B $88.35 M 0.79%
    Q4: Jan 25 $3.49 B -$66.68 M 1.88%
    Q3: Nov 24 $2.53 B $41.17 M 1.65%
    Q2: Aug 24 $2.55 B $22.28 M 0.88%
    Q1: May 24 $2.73 B $91.59 M 3.48%

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    FY 2023
    $11.21 B $998.72 M 9.78%
    Q4: Jan 24 $3.55 B $327.53 M 10.15%
    Q3: Oct 23 $2.49 B $150.14 M 6.42%
    Q2: Jul 23 $2.53 B $232.70 M 10.13%
    Q1: Apr 23 $2.63 B $288.36 M 12.29%

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    FY 2022
    $10.21 B $1.58 B 18.28%
    Q4: Jan 23 $3.23 B $497.39 M 18.22%
    Q3: Oct 22 $2.34 B $343.02 M 17.19%
    Q2: Jul 22 $2.30 B $329.91 M 16.77%
    Q1: Apr 22 $2.35 B $407.38 M 21.02%

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    FY 2021
    $8.63 B $2.48 B 40.3%
    Q4: Jan 22 $2.73 B $530.69 M 24.14%
    Q3: Oct 21 $2.00 B $443.74 M 28.59%
    Q2: Jul 21 $1.97 B $739.20 M 60.19%
    Q1: May 21 $1.94 B $765.31 M 65.23%

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    FY 2020
    $6.15 B -$1.25 B 16.84%
    Q4: Jan 21 $2.20 B -$107.22 M 4.65%
    Q3: Oct 20 $1.55 B -$130.48 M 7.76%
    Q2: Aug 20 $1.23 B -$438.60 M 26.32%
    Q1: May 20 $1.17 B -$569.82 M 32.69%

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    FY 2019
    $7.40 B $681.45 M 10.15%
    Q4: Jan 20 $2.31 B $181.20 M 8.53%
    Q3: Nov 19 $1.68 B $122.50 M 7.85%
    Q2: Aug 19 $1.67 B $178.39 M 11.99%
    Q1: May 19 $1.74 B $199.36 M 12.91%

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    FY 2018
    $6.72 B $832.11 M 14.14%
    Q4: Jan 19 $2.12 B $187.12 M 9.66%
    Q3: Nov 18 $1.56 B $217.83 M 16.23%
    Q2: Aug 18 $1.49 B $198.37 M 15.38%
    Q1: May 18 $1.54 B $228.79 M 17.4%

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    FY 2017
    $5.88 B $1.03 B 21.21%
    Q4: Jan 18 $1.94 B $357.02 M 22.59%
    Q3: Oct 17 $1.34 B $210.95 M 18.65%
    Q2: Jul 17 $1.29 B $220.64 M 20.64%
    Q1: Apr 17 $1.31 B $241.16 M 22.46%

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    FY 2016
    $4.85 B $930.62 M 23.72%
    Q4: Jan 17 $1.58 B $312.28 M 24.62%
    Q3: Oct 16 $1.13 B $220.53 M 24.22%
    Q2: Jul 16 $1.07 B $192.22 M 21.92%
    Q1: Apr 16 $1.07 B $205.59 M 23.68%

    Frequently Asked Questions

    What is the annual revenue of Ulta Beauty?

    In fiscal year 2026, Ulta Beauty's revenue was $12.39 Billion.

    How much did Ulta Beauty's revenue change in the last year?

    Ulta Beauty's revenue increased by +9.71% (+$1.10 Billion) in 2025 compared to 2024.

    What is Ulta Beauty's most recent quarterly revenue?

    In the first quarter (Q1) of 2026, Ulta Beauty reported a revenue of $3.16 Billion.

    What is Ulta Beauty's revenue per share (TTM)?

    Ulta Beauty's revenue per share over the trailing twelve months is $290.27.

    What is Ulta Beauty's revenue per employee?

    In the fiscal year 2026, Ulta Beauty's revenue per employee was $190.66 K.

    What is the annual net income of Ulta Beauty?

    In fiscal year 2026, Ulta Beauty's net income was $1.15 Billion.

    What is Ulta Beauty's biggest product segment, and what is its revenue?

    Gift card breakage is Ulta Beauty's biggest product segment, generating $26.97 Million in revenue for fiscal year 2025.

    What is Ulta Beauty's net income per employee?

    In the fiscal year 2026, Ulta Beauty's net income per employee was $17.75 K.

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