Current Assets
Inventories
Ulta Beauty, Inc. Inventories increased by 58.2% to $336.59M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 8.3%, from $366.90M to $336.59M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical Data
15 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $185.35M | $90.12M | $472.66M | $71.33M | $95.58M | $448.54M | $147.78M | $64.30M | $505.77M | $163.90M | $92.25M | $366.90M | $153.31M | $212.79M | $336.59M |
| QoQ Change | — | -51.4% | +424.5% | -84.9% | +34.0% | +369.3% | -67.1% | -56.5% | +686.5% | -67.6% | -43.7% | +297.7% | -58.2% | +38.8% | +58.2% |
| YoY Change | — | — | — | -61.5% | +6.1% | -5.1% | +107.2% | -32.7% | +12.8% | +10.9% | +43.5% | -27.5% | -6.5% | +130.7% | -8.3% |
Range$64.30M – $505.77M
CAGR+18.6%
Avg YoY Growth+14.1%
Median YoY Growth+0.5%
Current Streak2 quarters growth
Inventories at Other Companies
Frequently Asked Questions
- What is Ulta Beauty, Inc.'s inventories?
- Ulta Beauty, Inc. (ULTA) reported inventories of $336.59M in Q3 2025.
- How has Ulta Beauty, Inc.'s inventories changed year-over-year?
- Ulta Beauty, Inc.'s inventories decreased by 8.3% year-over-year, from $366.90M to $336.59M.
- What does inventories mean?
- The total value of all goods held for production or sale.