Ulta Beauty Q2 FY26: where the revenue came from and where it went
The whole income statement of Ulta Beauty for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- May 3 – Aug 1, 2026
- Reported
- Aug 27, 2026
Revenue$3.04B
+9% year over year
Gross profit$1.19B
39% margin
Operating profit$0.38B
13% margin
Net profit$0.28B
9% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 3.04 | 100% | +9% |
| Cost of revenue | −1.85 | 61% | |
| Gross profit | 1.19 | 39% margin | +0pp |
| SG&A | −0.81 | 27% | +0pp |
| Operating profit | 0.38 | 13% margin | |
| Tax | −0.10 | ||
| Net profit | 0.28 | 9% margin | +0pp |
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