Ulta Beauty (ULTA) Inventory (2023 - 2026)
Ulta Beauty's (ULTA) quarterly Inventory came in at $44.4 million in Q1 2026, down 2.26% YoY from $45.4 million in Q1 2025, and down 2.26% on a QoQ basis from $45.4 million in Q1 2025.
Ulta Beauty (ULTA) Inventory (2023 - 2026) Analysis & Trends
Ulta Beauty (ULTA) has 4 years of Inventory data on file, last reported at $44.4 million in 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 retreated to $44.4 million in Q1 2026, from $45.4 million in the prior quarter.
- In the past five years, Inventory ranged from a high of $45.4 million in Q1 2025 to a low of $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 dropped 6.46% — and 2025, when it rose 20.0%.
- Tracing ULTA's Inventory over 4 years: stood at $40.5 million in 2023, then declined by 6.46% to $37.8 million in 2024, then grew by 20.0% to $45.4 million in 2025, then retreated by 2.26% to $44.4 million in 2026.
- The last three Inventory figures came in at $44.4 million (Q1 2026), $45.4 million (Q1 2025), and $37.8 million (Q1 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 557.15 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 1.46 Bn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | - |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 3.52 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 5.60 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 5.42 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 813.30 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 417.40 Mn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 699.00 Mn |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 520.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 44.38 Mn |
| Feb 1, 2025 | 45.41 Mn |
| Feb 3, 2024 | 37.84 Mn |
| Jan 28, 2023 | 40.45 Mn |