Ulta Beauty (ULTA) Inventory (2023 - 2026)

Ulta Beauty (ULTA) has 4 years of Inventory data on file, last reported at $44.4 million in Q1 2026.

• For the quarter ending Q1 2026, Inventory fell 2.26% year-over-year to $44.4 million; the trailing twelve-month figure through Jan 2026 stood at $44.4 million (down 2.26% YoY), and the FY2026 full-year result was $44.4 million, down 2.26% from the prior year.
• Inventory for Q1 2026 stood at $44.4 million, 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.
• The 4-year median for Inventory is $42.4 million (2023), against an average of $42.0 million.
• The widest annual swing landed in 2024, when Inventory dropped 6.46%; it then rose 20.0% in 2025.
• A 4-year view of Inventory shows it stood at $40.5 million in 2023, then fell by 6.46% to $37.8 million in 2024, then increased by 20.0% to $45.4 million in 2025, then decreased 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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