Ulta Beauty announced its consolidated financial results for the thirteen-week (fourth quarter) and fifty-two-week period (fiscal year) ended January 31, 2026.

Kecia Steelman, president and chief executive officer, said,

“The Ulta Beauty team closed the year with momentum, delivering strong fourth quarter and full-year sales and continued market share gains. Our better-than-planned financial performance reflects our continued focus on serving our guests and consistently delivering great experiences through better execution, compelling newness, more seamless and convenient experiences, and bold new merchandising and marketing strategies.”

Q4 Results

Net sales increased 11.8% to $3.9 billion, primarily due to increased comparable sales, the acquisition of Space NK, and sales from new stores.

Comparable sales increased 5.8%, driven by a 4.2% increase in average ticket and a 1.6% increase in transactions. Operating income was $476.9 million, or 12.2% of net sales.

Steelman added.

“I am proud of how our team is embracing and executing our Ulta Beauty Unleashed strategy. Looking ahead, we are well-positioned for sustainable, profitable growth in 2026 and beyond and are excited to build on our successes to extend our position as the unmatched beauty and wellness destination for all guests across all ages and life stages.”

Full Year 2025 Results

Net sales increased 9.7% to $12.4 billion, also from increased comparable sales, the acquisition of Space NK, and sales from new stores.

In 2025, comparable sales increased 5.4%, driven by a 3.3% increase in average ticket and a 2.0% increase in transactions. Operating income was $1.5 billion, 12.4% of net sales.

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Photo: Shutterstock/ Ken Wolter