Ulta Beauty (ULTA) Inventory (2023 - 2026)

Ulta Beauty's Inventory history runs 4 years deep, the most recent figure standing at $44.4 million for Q1 2026.

• Quarterly Inventory fell 2.26% year-over-year to $44.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $44.4 million (down 2.26% YoY) and the FY2026 annual result came in at $44.4 million, down 2.26% from the prior year.
• Inventory was $44.4 million for Q1 2026 at Ulta Beauty, down from $45.4 million in the prior quarter.
• Across five years, Inventory topped out at $45.4 million in Q1 2025 and bottomed at $37.8 million in Q1 2024.
• A 4-year average of $42.0 million and a median of $42.4 million in 2023 frame the typical range for Inventory.
• Annual changes were most pronounced in 2024 — Inventory retreated 6.46% — and 2025, when it climbed 20.0%.
• Ulta Beauty's Inventory stood at $40.5 million in 2023, then retreated by 6.46% to $37.8 million in 2024, then rose by 20.0% to $45.4 million in 2025, then slipped by 2.26% to $44.4 million in 2026.
• Business Quant data shows ULTA's Inventory at $44.4 million in Q1 2026, $45.4 million in Q1 2025, and $37.8 million in Q1 2024.