Ulta Beauty, Inc. SG&A increased by 19.3% to $1.00B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $815.60M to $1.00B. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 12.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Detailed definition
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Peer comparison
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
Metric ID:
selling_general_and_administrativeHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $443.88M | $464.30M | $503.40M | $649.97M | $500.97M | $534.46M | $597.16M | $762.71M | $612.13M | $600.69M | $661.38M | $820.36M | $665.91M | $644.82M | $682.26M | $815.60M | $710.61M | $741.74M | $840.92M | $1.00B |
| QoQ Change | — | +4.6% | +8.4% | +29.1% | -22.9% | +6.7% | +11.7% | +27.7% | -19.7% | -1.9% | +10.1% | +24.0% | -18.8% | -3.2% | +5.8% | +19.5% | -12.9% | +4.4% | +13.4% | +19.3% |
| YoY Change | — | — | — | — | +12.9% | +15.1% | +18.6% | +17.3% | +22.2% | +12.4% | +10.8% | +7.6% | +8.8% | +7.3% | +3.2% | -0.6% | +6.7% | +15.0% | +23.3% | +23.0% |
Range$443.88M – $1.00B
CAGR+18.7%
Avg YoY Growth+12.7%
Median YoY Growth+12.6%
Current Streak3 quarters growth
SG&A at Other Companies
Frequently Asked Questions
- What is Ulta Beauty, Inc.'s sg&a?
- Ulta Beauty, Inc. (ULTA) reported sg&a of $1.00B in Q4 2025.
- How has Ulta Beauty, Inc.'s sg&a changed year-over-year?
- Ulta Beauty, Inc.'s sg&a increased by 23.0% year-over-year, from $815.60M to $1.00B.
- What is the long-term trend for Ulta Beauty, Inc.'s sg&a?
- Over 4 years (2021 to 2025), Ulta Beauty, Inc.'s sg&a has grown at a 12.5% compound annual growth rate (CAGR), from $2.06B to $3.30B.
- What does sg&a mean?
- The overhead costs of running the business, including sales, marketing, and general corporate expenses.