Ulta Beauty (ULTA) Change in Inventory (2016 - 2026)
Ulta Beauty's Change in Inventory history spans 17 years, with the latest figure at -$566.9 million for Q1 2026.
- For Q1 2026, Change in Inventory fell 42.8% year-over-year to -$566.9 million; the TTM value through Jan 2026 reached $135.8 million, down 39.93%, while the annual FY2026 figure was $135.8 million, 39.93% down from the prior year.
- Change in Inventory reached -$566.9 million in Q1 2026 per ULTA's latest filing, down from $336.6 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $505.8 million in Q4 2023 to a low of -$579.2 million in Q1 2024.
- Average Change in Inventory over 5 years is $11.0 million, with a median of $95.6 million recorded in 2022.
- Peak YoY movement for Change in Inventory: crashed 61.51% in 2022, then skyrocketed 130.67% in 2025.
- A 5-year view of Change in Inventory shows it stood at $448.5 million in 2022, then rose by 12.76% to $505.8 million in 2023, then fell by 27.46% to $366.9 million in 2024, then dropped by 8.26% to $336.6 million in 2025, then plummeted by 268.42% to -$566.9 million in 2026.
- Per Business Quant, the three most recent readings for ULTA's Change in Inventory are -$566.9 million (Q1 2026), $336.6 million (Q4 2025), and $212.8 million (Q3 2025).