Ulta Beauty (ULTA) Inventory (2023 - 2026)

Ulta Beauty (ULTA) has reported Inventory for 4 consecutive years, with $44.4 million the latest figure, recorded in Q1 2026.

• Inventory for Q1 2026 came in at $44.4 million, down 2.26% year-over-year; the trailing twelve-month figure through Jan 2026 was $44.4 million (down 2.26% YoY), and the FY2026 annual result was $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.
• Over five years, Inventory peaked at $45.4 million in Q1 2025 and troughed at $37.8 million in Q1 2024.
• Average Inventory over 4 years is $42.0 million, with a median of $42.4 million recorded in 2023.
• Year-over-year, Inventory fell 6.46% in 2024 and advanced 20.0% in 2025.
• Over 4 years, Inventory stood at $40.5 million in 2023, then decreased by 6.46% to $37.8 million in 2024, then gained by 20.0% to $45.4 million in 2025, then dropped by 2.26% to $44.4 million in 2026.
• Per Business Quant data, the three most recent Inventory figures were $44.4 million in Q1 2026, $45.4 million in Q1 2025, and $37.8 million in Q1 2024.