Ulta Beauty, Inc.

ULTA Retail & e-commerce

Sells cosmetics and skincare products to beauty enthusiasts.

Aug 2026Revenue $13.0B/yrExpenses $11.3B/yr
Expected to fall below break-even Jan 2037
Figures by year

Is Ulta Beauty still profitable?

Yes. In the 12 months to Aug 2026, revenue was $13.0B and expenses $11.3B. Its expenses are growing faster than its revenue, and the trends are projected to cross in Jan 2037.

Fiscal year toRevenueExpensesOperating profit
Jan 2026$12.4B$10.9B$1.53B
Feb 2025$11.3B$9.73B$1.56B
Feb 2024$11.2B$9.53B$1.68B
Jan 2023$10.2B$8.57B$1.64B
Jan 2022$8.63B$7.33B$1.30B
Jan 2021$6.15B$5.92B$237M
Feb 2020$7.40B$6.50B$901M
Feb 2019$6.72B$5.86B$854M
Feb 2018$5.88B$5.10B$785M
Jan 2017$4.85B$4.20B$655M