Ulta Beauty, Inc.

For the period ended Nov 1, 2025. Filed Dec 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Nov 1, 2025 · Filed Dec 4, 2025

ULTA$664.41-0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income


· · 13 Weeks Ended · · 39 Weeks Ended
· · November 1, · · November 2, · · November 1, · · November 2,
(In thousands, except per share data) · 2025 · · 2024 · · 2025 · · 2024
Net sales	$2,857,623	$2,530,100	$8,494,459	$7,808,035
Cost of sales	1,701,958	1,524,456	5,132,879	4,754,434
Gross profit	1,155,665	1,005,644	3,361,580	3,053,601

Selling, general and administrative expenses	840,920	682,259	2,293,270	1,992,993
Pre-opening expenses	5,326	4,883	12,260	11,957
Operating income	309,419	318,502	1,056,050	1,048,651
Interest expense (income), net	4,123	(1,674)	(837)	(13,100)
Income before income taxes and equity net loss of affiliate	305,296	320,176	1,056,887	1,061,751
Income tax expense	73,436	77,997	257,875	253,903
Income before equity net loss of affiliate	231,860	242,179	799,012	807,848
Equity net loss of affiliate	985	—	2,210	—
Net income	$230,875	$242,179	$796,802	$807,848

Net income per common share:
Basic	$5.16	$5.16	$17.70	$17.00
Diluted	$5.14	$5.14	$17.65	$16.93

Weighted average common shares outstanding:
Basic	44,731	46,928	45,016	47,519
Diluted	44,895	47,092	45,151	47,710

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.