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

Ulta Beauty (ULTA) has reported Operating Leases for 8 consecutive years, with $1.8 billion the latest figure, recorded in Q1 2026.

• Operating Leases for Q1 2026 came in at $1.8 billion, up 10.89% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.8 billion (up 10.89% YoY), and the FY2026 annual result was $1.8 billion, up 10.89% from the prior year.
• Operating Leases was $1.8 billion for Q1 2026 at Ulta Beauty, up from $1.7 billion in the prior quarter.
• Over five years, Operating Leases peaked at $1.8 billion in Q1 2026 and troughed at $1.6 billion in Q2 2022.
• Average Operating Leases over 5 years is $1.6 billion, with a median of $1.6 billion recorded in 2022.
• Year-over-year, Operating Leases slipped 4.31% in 2022 and increased 10.89% in 2026.
• Over 5 years, Operating Leases stood at $1.6 billion in 2022, then decreased by 0.28% to $1.6 billion in 2023, then increased by 2.45% to $1.7 billion in 2024, then advanced by 4.58% to $1.7 billion in 2025, then climbed by 4.67% to $1.8 billion in 2026.
• Per Business Quant data, the three most recent Operating Leases figures were $1.8 billion in Q1 2026, $1.7 billion in Q4 2025, and $1.7 billion in Q3 2025.