Ulta Beauty (ULTA) Operating Income (2010 - 2026)
Ulta Beauty's (ULTA) quarterly Operating Income came in at $476.9 million in Q1 2026, down 7.63% YoY from $516.3 million in Q1 2025, and up 54.14% on a QoQ basis from $309.4 million in Q4 2025.
Ulta Beauty (ULTA) Operating Income (2010 - 2026) Analysis & Trends
Ulta Beauty (ULTA) has 17 years of Operating Income data on file, last reported at $476.9 million in 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 improved to $476.9 million in Q1 2026, from $309.4 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $517.1 million in Q1 2024 to a low of $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 declined 15.94%.
- Tracing ULTA's Operating Income over 5 years: stood at $361.9 million in 2022, then retreated by 9.57% to $327.2 million in 2023, then dropped by 2.67% to $318.5 million in 2024, then retreated by 2.85% to $309.4 million in 2025, then jumped by 54.14% to $476.9 million in 2026.
- The last three Operating Income figures came in at $476.9 million (Q1 2026), $309.4 million (Q4 2025), and $344.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 350.33 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 477.81 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 448.26 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 467.12 Mn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 370.00 Mn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 450.65 Mn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 154.24 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 304.90 Mn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 599.00 Mn |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 130.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 448.26 Mn |
| Jan 31, 2026 | 476.94 Mn |
| Nov 1, 2025 | 309.42 Mn |
| Aug 2, 2025 | 344.85 Mn |
| May 3, 2025 | 401.78 Mn |
| Feb 1, 2025 | 516.32 Mn |
| Nov 2, 2024 | 318.50 Mn |
| Aug 3, 2024 | 329.20 Mn |
| May 4, 2024 | 400.95 Mn |
| Feb 3, 2024 | 517.09 Mn |
| Oct 28, 2023 | 327.23 Mn |
| Jul 29, 2023 | 391.64 Mn |
| Apr 29, 2023 | 442.07 Mn |
| Jan 28, 2023 | 447.62 Mn |
| Oct 29, 2022 | 361.86 Mn |
| Jul 30, 2022 | 391.43 Mn |
| Apr 30, 2022 | 437.71 Mn |
| Jan 29, 2022 | 375.62 Mn |
| Oct 30, 2021 | 284.24 Mn |
| Jul 31, 2021 | 332.31 Mn |