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ULTA

Consumer Discretionary · Other Specialty Retail

Ulta Beauty: revenue, profit and dividends

In fiscal 2026, Ulta Beauty had revenue of $12.4B, up 12.2% a year on average since 2016, and net income of $1.15B (9.3% of revenue). It has 30% fewer shares than in 2016.

Revenue, fiscal 2026

$12.4B+12.2% a year

average annual revenue growth since 2016 · +9.7% vs 2025

Net income, 2026
$1.15B
9.3% of revenue
Diluted EPS, 2026
$25.64
17.8% a year since 2016
Revenue growth, 5 years
15.0% a year
since 2021
Shares, 2026
45M
−30.0% since 2016
Free cash flow, 2026
$1.07B
$1.5B from operations − $435M capex
Ticker
ULTA · Nasdaq
Sector
Consumer Discretionary
Sub-industry
Other Specialty Retail
Headquarters
Bolingbrook, Illinois
Founded
1990
In the S&P 500 since
April 18, 2016
Latest fiscal year
2026, ended January 31, 2026
SEC filer
Ulta Beauty, Inc. · CIK 0001403568

Revenue and net income

Revenue went from $1.22B in 2010 to $12.4B in 2026.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $0.66 in 2010 to $25.64 in 2026. Ten-year growth: 17.8% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

No dividend per share for 2026 in the data.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

30.0% fewer shares in 2026 than in 2016 (64.3M → 45M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.07B in 2026, 8.6% of revenue.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2026$12.4B$1.15B9.3%$25.64—45M$1.5B$435M$1.07B
2025$11.3B$1.2B10.6%$25.34—47.4M$1.34B$374M$964M
2024$11.2B$1.29B11.5%$26.03—49.6M$1.48B$435M$1.04B
2023$10.2B$1.24B12.2%$24.01—51.7M$1.48B$312M$1.17B
2022$8.63B$986M11.4%$17.98—54.8M$1.06B$172M$887M
2021$6.15B$176M2.9%$3.11—56.6M$810M$152M$658M
2020$7.4B$706M9.5%$12.15—58.1M$1.1B$299M$803M
2019$6.72B$659M9.8%$10.94—60.2M$956M$319M$637M
2018$5.88B$555M9.4%$8.96—62M$779M$441M$339M
2017$4.85B$410M8.4%$6.52—62.9M$634M$373M$261M
2016$3.92B$320M8.2%$4.98—64.3M$376M$299M$76.7M
2015$3.24B$257M7.9%$3.98$0.0064.7M$397M$249M$148M
2014$2.67B$203M7.6%$3.15$0.0064.5M$328M$226M$102M
2013$2.22B$173M7.8%$2.68$1.0064.4M$239M$189M$50.4M
2012$1.78B$120M6.8%$1.90—63.3M$221M$129M$92.3M
2011$1.45B$71M4.9%$1.16—61.3M$177M$97.1M$79.4M
2010$1.22B$39.4M3.2%$0.66—59.2M$173M$68.1M$105M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Other Specialty Retail companies

All 47 Consumer Discretionary companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.