Ulta Beauty (ULTA) Operating Leases (2019 - 2026)

Ulta Beauty has reported Operating Leases for 8 years, with the latest figure at $1.8 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases rose 10.89% year-over-year to $1.8 billion; the trailing twelve-month figure through Jan 2026 stood at $1.8 billion (up 10.89% YoY), and the FY2026 full-year result was $1.8 billion, up 10.89% from the prior year.
• Operating Leases for Q1 2026 stood at $1.8 billion, up from $1.7 billion in the prior quarter.
• The five-year high for Operating Leases was $1.8 billion in Q1 2026, with the low at $1.6 billion in Q2 2022.
• Historically, Operating Leases has averaged $1.6 billion across 5 years, with a median of $1.6 billion in 2022.
• Annual changes were most pronounced in 2022 — Operating Leases retreated 4.31% — and 2026, when it climbed 10.89%.
• Ulta Beauty's Operating Leases stood at $1.6 billion in 2022, then declined by 0.28% to $1.6 billion in 2023, then advanced by 2.45% to $1.7 billion in 2024, then increased by 4.58% to $1.7 billion in 2025, then rose by 4.67% to $1.8 billion in 2026.
• The last three Operating Leases figures came in at $1.8 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.