ULTAUlta Beauty, Inc.

$29B

Q3 2025 Earnings

Consumer Cyclical Specialty Retail

Income Statement

Revenue

$2.9B+12.9% YoY

Gross Profit

$1.2B40.4% margin

Operating Income

$315M11.0% margin

Net Income

$231M8.1% margin

EPS (Diluted)

$5.14

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

-$82M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$7.0B

Total Liabilities

$4.4B

Stockholders' Equity

$2.6B

Cash & Equivalents

$205M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.5B	+12.9%
Gross Profit	$1.2B	$1.0B	+14.9%
Operating Income	$315M	$323M	-2.7%
Net Income	$231M	$242M	-4.7%

ULTA Q3 2025 Earnings — Ulta Beauty, Inc. Revenue & Financial Results | Market Cap Arena