FINHUB Insights

ULTA · Q3 FY25 · Aug 3 – Nov 1, 2025

Ulta Beauty Q3 FY25: where the revenue came from and where it went

Ulta Beauty Q3 FY25: revenue $2.9B (+13% year over year). Net profit $0.23B. The whole income statement as a sankey diagram from the SEC filing.

Period
Aug 3 – Nov 1, 2025
Reported
Dec 4, 2025 10-Q
Sankey diagram of Ulta Beauty's income statement for Q3 FY25: revenue of $2.86 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$2.86B +13% year over year
Gross profit$1.16B 40% margin
Operating profit$0.31B 11% margin
Net profit$0.23B 8% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Nov 1, 2025).
ItemValueShare of revenueYear over year
Revenue 2.86 100% +13%
Cost of revenue−1.7060%
Gross profit1.1640% margin+1pp
SG&A−0.8429%+2pp
Other−0.010%+0pp
Operating profit0.3111% margin−2pp
Tax−0.08
Net profit0.238%−1pp
Filing on EDGAR More quarters of ULTA

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.