Net Income for Ulta Beauty (ULTA)
According to Ulta Beauty's latest reported financial statements, the company's current net income (TTM) is $1.15B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

ULTA
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$1.15B
YoY change
-4.0%
5Y CAGR
+45.7%
Peak year (2023)
$1.29B
Cumulative net income
$9.68B
Net Income history chart for Ulta Beauty (ULTA) from 2002 to 2025
Net Income history table for Ulta Beauty (ULTA) from 2002 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $1.15B | -4.0% | ||
| 2024 | $1.20B | -7.0% | ||
| 2023 | $1.29B | +3.9% | ||
| 2022 | $1.24B | +26.0% | ||
| 2021 | $985.84M | +460.7% | ||
| 2020 | $175.84M | -75.1% | ||
| 2019 | $705.95M | +7.2% | ||
| 2018 | $658.56M | +18.6% | ||
| 2017 | $555.23M | +35.5% | ||
| 2016 | $409.76M | +28.0% | ||
| 2015 | $320.01M | +24.5% | ||
| 2014 | $257.13M | +26.8% | ||
| 2013 | $202.85M | +17.6% | ||
| 2012 | $172.55M | +43.5% | ||
| 2011 | $120.26M | +69.3% | ||
| 2010 | $71.03M | +80.5% | ||
| 2009 | $39.36M | +55.8% | ||
| 2008 | $25.27M | -0.3% | ||
| 2007 | $25.34M | +12.4% | ||
| 2006 | $22.54M | +41.2% | ||
| 2005 | $15.97M | +68.8% | ||
| 2004 | $9.46M | +86.1% | ||
| 2003 | $5.08M | -47.6% | ||
| 2002 | $9.70M | — |
Net Income values are taken from Ulta Beauty's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Ulta Beauty (ULTA) reported net income of $1.15B – edged down 4.0% year-over-year.
Ulta Beauty net income compound annual growth for the 2020–2025 (5 years) window is +45.7%, with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, Ulta Beauty net income declined 10.7%, falling from $1.29B to $1.15B.
The highest annual net income of $1.29B was reported in 2023. The lowest in the available history was $5.08M in 2003.
Ulta Beauty (ULTA) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $11.36B.
Ulta Beauty Net Income by Year
Ulta Beauty Net Income 2025: $1.15B
Ulta Beauty net income in 2025 was $1.15B, edged down 4.0% below 2024.
Ulta Beauty Net Income 2024: $1.20B
Ulta Beauty net income in 2024 was $1.20B, declined 7.0% below 2023.
Ulta Beauty Net Income 2023: $1.29B
Ulta Beauty net income in 2023 was $1.29B, edged up 3.9% from 2022. This figure represents the highest annual value in the available history.
Ulta Beauty Net Income 2022: $1.24B
Ulta Beauty net income in 2022 was $1.24B, grew 26.0% from 2021.
Ulta Beauty Net Income 2021: $985.84M
Ulta Beauty net income in 2021 was $985.84M.
See more financial history for Ulta Beauty (ULTA).
Sector peers — Net Income
Companies in the same sector as Ulta Beauty, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $130.11B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $96.66B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $77.67B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $14.16B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $8.56B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $5.49B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $5.40B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $3.79B | Consumer Cyclical |
Frequently asked questions
What is Ulta Beauty's net income?
- Latest reported net income for Ulta Beauty (ULTA) is $1.15B (period ending January 31, 2026).
How has Ulta Beauty net income changed year-over-year?
- Ulta Beauty (ULTA) net income changed -4.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Ulta Beauty net income?
- Ulta Beauty (ULTA) net income compound annual growth rate is +45.7% over the most recent 5 years available.
When did Ulta Beauty net income hit its highest annual value?
- Ulta Beauty net income reached its highest annual value of $1.29B in 2023.
What was Ulta Beauty net income in 2024?
- Ulta Beauty (ULTA) net income in 2024 was $1.20B.
What was Ulta Beauty net income in 2025?
- Ulta Beauty (ULTA) net income in 2025 was $1.15B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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