Ulta Beauty (ULTA) Cost of Revenue (2010 - 2026)

Ulta Beauty (ULTA) has reported Cost of Revenue for 17 consecutive years, with $1.8 billion the latest figure, recorded in Q3 2026.

• For the quarter ending Q3 2026, Cost of Revenue rose 8.96% year-over-year to $1.8 billion; the trailing twelve-month figure through Aug 2026 stood at $7.9 billion (up 10.58% YoY), and the FY2026 full-year result was $7.5 billion, up 9.25% from the prior year.
• Cost of Revenue declined to $1.8 billion in Q3 2026 per ULTA's latest filing, from $1.9 billion in the prior quarter.
• Across five years, Cost of Revenue topped out at $2.4 billion in Q1 2026 and bottomed at $1.4 billion in Q3 2022.
• Historically, Cost of Revenue has averaged $1.7 billion across 5 years, with a median of $1.7 billion in 2025.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue gained 19.22% in 2022, then dropped 2.7% in 2025.
• Over 5 years, Cost of Revenue stood at $1.4 billion in 2022, then climbed by 8.79% to $1.5 billion in 2023, then grew by 1.84% to $1.5 billion in 2024, then gained by 11.64% to $1.7 billion in 2025, then grew by 8.62% to $1.8 billion in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $1.8 billion, $1.9 billion, and $2.4 billion for Q3 2026, Q2 2026, and Q1 2026 respectively.