Ulta Beauty (ULTA) Other Working Capital Changes (2010 - 2026)

Ulta Beauty has reported Other Working Capital Changes for 17 years, with the latest figure at $11.5 million in Q1 2026.

• For the quarter ending Q1 2026, Other Working Capital Changes fell 60.7% year-over-year to $11.5 million; the trailing twelve-month figure through Jan 2026 stood at $25.6 million (up 1242.66% YoY), and the FY2026 full-year result was $25.6 million, up 1242.66% from the prior year.
• Other Working Capital Changes for Q1 2026 stood at $11.5 million, up from -$7.6 million in the prior quarter.
• The five-year high for Other Working Capital Changes was $81.0 million in Q1 2022, with the low at -$37.9 million in Q2 2024.
• Historically, Other Working Capital Changes has averaged $9.1 million across 5 years, with a median of $6.8 million in 2023.
• Annual changes were most pronounced in 2023 — Other Working Capital Changes sank 1076.36% — and 2025, when it jumped 1687.36%.
• Ulta Beauty's Other Working Capital Changes stood at -$20.5 million in 2022, then surged by 133.04% to $6.8 million in 2023, then jumped by 48.76% to $10.1 million in 2024, then slumped by 175.29% to -$7.6 million in 2025, then jumped by 252.19% to $11.5 million in 2026.
• The last three Other Working Capital Changes figures came in at $11.5 million (Q1 2026), -$7.6 million (Q4 2025), and $59.4 million (Q3 2025), per Business Quant data.