UL
ULTA
Quarter ended May 3, 2025 · FY2025 Q1

Ulta Beauty (ULTA) Revenue — Quarter Ended May 3, 2025

Revenue for the quarter ended May 3, 2025 decreased compared to the immediately preceding quarter. Compared to the same quarter one year earlier, revenue increased.

Key takeaway

Quarter ended May 3, 2025 · FY2025 Q1

Revenue for the quarter ended May 3, 2025 decreased compared to the immediately preceding quarter. Compared to the same quarter one year earlier, revenue increased.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$2.8B

Revenue reported for this quarter.

Quarter-over-quarter

-18.3%

Change from the immediately preceding quarter.

Year-over-year

+4.5%

Change from the comparable year-ago quarter.

Trailing four quarters

$11.4B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Aug 3, 2024$2.6B+0.9%
Nov 2, 2024$2.5B+1.7%
Feb 1, 2025$3.5B-1.9%
May 3, 2025$2.8B+4.5%

Revenue performance

Revenue declined relative to the prior quarter, reflecting a sequential downturn. On an annual basis, revenue was higher than in the same period a year ago.

Quarterly comparison

Sequentially, revenue fell sharply from the preceding quarter. Year-over-year, revenue grew versus the comparable quarter in the prior fiscal year.

What to watch

The sequential revenue decline may warrant attention given the contrast with the prior year’s growth.