Revenue $3.04B, up 8.9% on a year earlier. Diluted EPS $6.55 against $5.78.
| Q2 FY26 | Q1 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|---|
| Revenue | $3.04B | $3.16B | $2.79B | +8.9% |
| Operating income | $379.64M | $448.26M | $344.85M | +10.1% |
| Net income | $282.01M | $340.47M | $260.88M | +8.1% |
| Diluted EPS | $6.55 | $7.74 | $5.78 | |
| Operating cash flow | $119.70M | $261.89M | $96.52M | +24.0% |
| Capital expenditures | -$81.26M | -$58.28M | -$76.96M | |
| Free cash flow | $38.44M | $203.62M | $19.57M | +96.5% |
| Q2 FY26 | Q2 FY25 | Year over year | |
|---|---|---|---|
| Comparable sales growth | 6.7% | 6.7% | |
| Total Stores Open at End of Quarter | 1,622 | 1,473 | +10.1% |
| Salon Comparable Sales Growth | 3.8% | 6.7% | |
| Comparable sales average ticket growth | 3.9% | 2.9% |
The week's biggest guidance misses, KPI surprises and one chart.
Stock Atlas, “Ulta Beauty (ULTA) Q2 FY26 earnings: results and KPIs”, stockatlas.com/companies/ULTA/earnings/2026-q2/, data as of 3 November 2026. Links to this page are welcome.