Ulta Beauty (ULTA) Revenue — Quarter Ended Nov 1, 2025
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably stronger than the sequential change.
Key takeaway
Quarter ended Nov 1, 2025 · FY2025 Q3
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The growth rate versus the prior year was notably stronger than the sequential change.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.9B
Revenue reported for this quarter.
Quarter-over-quarter
+2.5%
Change from the immediately preceding quarter.
Year-over-year
+12.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$12B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 1, 2025 | $3.5B | -1.9% |
| May 3, 2025 | $2.8B | +4.5% |
| Aug 2, 2025 | $2.8B | +9.3% |
| Nov 1, 2025 | $2.9B | +12.9% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trajectory. This quarter's result also exceeded the level achieved in the same period one year earlier.
Quarterly comparison
Sequentially, revenue improved modestly from the prior quarter. On a year-over-year basis, the increase was more pronounced, reflecting a stronger comparison with the same quarter a year ago.
What to watch
The sequential revenue growth rate was lower than the year-over-year rate, which may warrant attention to the pace of near-term demand.