Ulta Beauty, Inc. income statement & cash flow

Ticker ULTA · SEC CIK 1403568 · Latest fiscal year ended Jan 31, 2026

In the fiscal year ended Jan 31, 2026, Ulta Beauty, Inc. reported net income of $1.15B on revenue of $12.39B. Operating cash flow was $1.50B and capital expenditures were $434.83M, leaving $1.07B of free cash flow (operating cash flow minus capital expenditures).

Ulta Beauty, Inc. net income by fiscal year, USD. Hover a bar for the exact figure.

Income statement and cash flow summary

Fiscal year ended	Jan 2017	Feb 2018	Feb 2019	Feb 2020	Jan 2021	Jan 2022	Jan 2023	Feb 2024	Feb 2025	Jan 2026
Revenue (USD)	$4.85B	$5.88B	$6.72B	$7.40B	$6.15B	$8.63B	$10.21B	$11.21B	$11.30B	$12.39B
Gross profit (USD)	$1.75B	$2.10B	$2.41B	$2.68B	$1.95B	$3.37B	$4.04B	$4.38B	$4.39B	$4.85B
Operating income (USD)	$654.82M	$785.29M	$854.08M	$901.09M	$236.82M	$1.30B	$1.64B	$1.68B	$1.56B	$1.53B
Net income (USD)	$409.76M	$555.23M	$658.56M	$705.95M	$175.84M	$985.84M	$1.24B	$1.29B	$1.20B	$1.15B
Diluted EPS (USD per share)	$6.52	$8.96	$10.94	$12.15	$3.11	$17.98	$24.01	$26.03	$25.34	$25.64
Operating cash flow (USD)	$634.38M	$779.37M	$956.13M	$1.10B	$810.36M	$1.06B	$1.48B	$1.48B	$1.34B	$1.50B
Capital expenditures (USD)	$373.45M	$440.71M	$319.40M	$298.53M	$151.87M	$172.19M	$312.13M	$435.27M	$374.46M	$434.83M
Reported in	10-K 2019	10-K 2020	10-K 2021	10-K 2022	10-K 2023	10-K 2024	10-K 2025	10-K 2026	10-K 2026	10-K 2026

Columns are fiscal years, labeled by the month the year ended; scroll sideways on small screens. — means the company did not report the figure under the XBRL concepts we track.

Margins

Each figure divided by revenue for the same fiscal year.

Fiscal year ended	Gross margin	Operating margin	Net margin
Jan 2026	39.1%	12.4%	9.3%
Feb 2025	38.8%	13.9%	10.6%
Feb 2024	39.1%	15.0%	11.5%
Jan 2023	39.6%	16.1%	12.2%
Jan 2022	39.0%	15.0%	11.4%

Ulta Beauty, Inc. operating cash flow by fiscal year, USD. Hover a bar for the exact figure.

Source: SEC EDGAR XBRL company facts for CIK 1403568 (raw data). Most recent filing in this dataset: 10-Q filed Aug 27, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.