Ulta Beauty (ULTA) Operating Income (2010 - 2026)

Ulta Beauty's Operating Income history runs 17 years deep, the most recent figure standing at $476.9 million for Q1 2026.

• Quarterly Operating Income fell 7.63% year-over-year to $476.9 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $1.5 billion (down 2.04% YoY) and the FY2026 annual result came in at $1.5 billion, down 2.04% from the prior year.
• Operating Income was $476.9 million for Q1 2026 at Ulta Beauty, up from $309.4 million in the prior quarter.
• Across five years, Operating Income topped out at $517.1 million in Q1 2024 and bottomed at $309.4 million in Q4 2025.
• A 5-year average of $399.4 million and a median of $391.6 million in 2023 frame the typical range for Operating Income.
• Annual changes were most pronounced in 2022 — Operating Income jumped 67.49% — and 2024, when it decreased 15.94%.
• Ulta Beauty's Operating Income stood at $361.9 million in 2022, then slipped by 9.57% to $327.2 million in 2023, then fell by 2.67% to $318.5 million in 2024, then slipped by 2.85% to $309.4 million in 2025, then soared by 54.14% to $476.9 million in 2026.
• Business Quant data shows ULTA's Operating Income at $476.9 million in Q1 2026, $309.4 million in Q4 2025, and $344.9 million in Q3 2025.