Ulta Beauty (ULTA) Free Cash Flow (2010 - 2026)

Ulta Beauty has reported Free Cash Flow for 17 years, with the latest figure at $1.4 billion in Q1 2026.

• For the quarter ending Q1 2026, Free Cash Flow rose 5.68% year-over-year to $1.4 billion; the trailing twelve-month figure through Jan 2026 stood at $1.5 billion (up 11.56% YoY), and the FY2026 full-year result was $1.5 billion, up 11.56% from the prior year.
• Free Cash Flow for Q1 2026 stood at $1.4 billion, up from -$81.6 million in the prior quarter.
• The five-year high for Free Cash Flow was $1.4 billion in Q1 2026, with the low at -$303.3 million in Q4 2024.
• Historically, Free Cash Flow has averaged $344.3 million across 5 years, with a median of $191.7 million in 2025.
• The largest YoY upside for Free Cash Flow was 485.02% in 2024 against a maximum downside of 479.05% in 2024.
• Ulta Beauty's Free Cash Flow stood at $41.2 million in 2022, then soared by 94.08% to $80.0 million in 2023, then tumbled by 479.05% to -$303.3 million in 2024, then soared by 73.08% to -$81.6 million in 2025, then soared by 1801.77% to $1.4 billion in 2026.
• The last three Free Cash Flow figures came in at $1.4 billion (Q1 2026), -$81.6 million (Q4 2025), and -$31.1 million (Q3 2025), per Business Quant data.