Skip to content
Screener

Ulta Beauty, Inc. ULTA Q2 2026 earnings

Reported August 27, 2026 · After market close

Revenue$3.0BBeat by $50.2M
EPS$6.55Beat by $0.35
Revenue estimate$3.0B
EPS estimate$6.20
“Our team delivered another impressive quarter of strong sales, profit, and earnings growth, demonstrating that we are executing with discipline and translating our Ulta Beauty Unleashed strategy into tangible benefits for our guests. We continue to strengthen our position as the ultimate beauty discovery destination, leveraging our unique understanding of our guests to drive excitement and growth through compelling innovation, value, experiences, and convenience.”
Kecia Steelman

Next report

Date not yet announced

Financials

Q2 2026

Income statement

See full
Revenue$3.0B+8.9%
Gross profit$1.2B+8.7%
Operating income$379.6M+10.1%
Net income$282.0M+8.1%
EPS (diluted)$6.55+13.3%

Balance sheet

See full
Cash & equivalents$158.5M-34.7%
Total debt$2.5B+10.3%
Total equity$2.6B+1.5%
Total assets$7.0B+5.0%

Cash flow

See full
Operating cash flow$119.7M+24.0%
CapEx$81.3M+5.6%
Free cash flow$38.4M+96.5%

Valuation & ratios

Valuation

as of 08/27/26
See full
Market cap$23.35B-2.7%
Enterprise value$25.72B-0.1%
P/E19.3×-0.5×
P/S1.8×-0.3×

Profitability

See full
Gross margin39.3%+0.3pp
Operating margin12.5%-1.1pp
Net margin9.3%-1.0pp
FCF margin9.5%—

Returns & leverage

See full
Return on equity46.1%-2.4pp
Debt / equity1×+0.1×
Current ratio1.3×0.0×

FAQ

When did Ulta Beauty, Inc. report Q2 2026 earnings?
Ulta Beauty, Inc. (ULTA) reported Q2 2026 earnings on August 27, 2026 after market close.
What were Ulta Beauty, Inc.'s Q2 2026 revenue and EPS?
Ulta Beauty, Inc. reported revenue of $3.0B and eps of $6.55 for Q2 2026.
Did Ulta Beauty, Inc. beat estimates in Q2 2026?
Revenue beat the consensus estimate of $3.0B by $50.2M. EPS beat the consensus estimate of $6.20 by $0.35.
How did Ulta Beauty, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 8.9% from $2.8B a year earlier and eps grew 13.3% from $5.78.
Where can I find Ulta Beauty, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-102438) and the 10-Q periodic report (0001104659-26-102442) directly on SEC EDGAR. The filing index links above go to sec.gov.