Ulta Beauty, Inc.

For the period ended Aug 2, 2025. Filed Aug 28, 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.

Aug 2, 2025 · Filed Aug 28, 2025

ULTA$665.13+3.2%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets


· · August 2, · · February 1, · · August 3,
(In thousands, except per share data) · 2025 · 2025 · 2024
Assets	(Unaudited)		(Unaudited)
Current assets:
Cash and cash equivalents	$242,745	$703,201	$413,962
Receivables, net	224,412	223,334	200,863
Merchandise inventories, net	2,407,051	1,968,214	1,998,286
Prepaid expenses and other current assets	165,963	129,113	132,023
Prepaid income taxes	28,877	4,946	53,607
Total current assets	3,069,048	3,028,808	2,798,741

Property and equipment, net	1,332,503	1,239,295	1,225,850
Operating lease assets	1,682,151	1,609,870	1,599,735
Goodwill	392,606	10,870	10,870
Other intangible assets, net	5,466	204	357
Deferred compensation plan assets	50,550	47,951	46,280
Other long-term assets	98,324	64,695	55,575
Total assets	$6,630,648	$6,001,693	$5,737,408

Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$708,655	$563,761	$566,904
Accrued liabilities	460,232	380,241	348,042
Deferred revenue	460,187	500,585	394,987
Current operating lease liabilities	282,593	288,114	281,301
Accrued income taxes	—	46,777	—
Short-term debt	289,101	—	—
Total current liabilities	2,200,768	1,779,478	1,591,234

Non-current operating lease liabilities	1,716,133	1,635,120	1,647,698
Deferred income taxes	49,158	42,593	88,461
Other long-term liabilities	60,729	56,149	61,855
Total liabilities	4,026,788	3,513,340	3,389,248

Commitments and contingencies (Note 7)

Stockholders' equity:
Common stock, $0.01 par value, 400,000 shares authorized; 45,756, 46,809, and 48,143 shares issued; 44,875, 45,965, and 47,300 shares outstanding; at August 2, 2025 (unaudited), February 1, 2025, and August 3, 2024 (unaudited), respectively	458	468	481
Treasury stock-common, at cost	(120,031)	(106,793)	(106,491)
Additional paid-in capital	1,151,858	1,120,769	1,099,197
Retained earnings	1,571,575	1,473,909	1,354,973
Total stockholders’ equity	2,603,860	2,488,353	2,348,160
Total liabilities and stockholders’ equity	$6,630,648	$6,001,693	$5,737,408

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.