FINHUB Insights

ULTA · Q2 FY25 · May 4 – Aug 2, 2025

Ulta Beauty Q2 FY25: where the revenue came from and where it went

Ulta Beauty Q2 FY25: revenue $2.8B (+9% year over year). Net profit $0.26B. The whole income statement as a sankey diagram from the SEC filing.

Period
May 4 – Aug 2, 2025
Reported
Aug 28, 2025 10-Q
Sankey diagram of Ulta Beauty's income statement for Q2 FY25: revenue of $2.79 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.79B +9% year over year
Gross profit$1.09B 39% margin
Operating profit$0.35B 12% margin
Net profit$0.26B 9% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Aug 2, 2025).
ItemValueShare of revenueYear over year
Revenue 2.79 100% +9%
Cost of revenue−1.7061%
Gross profit1.0939% margin+1pp
SG&A−0.7427%+1pp
Other−0.010%+0pp
Operating profit0.3512% margin−1pp
Tax−0.08
Net profit0.269%−1pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.