Ulta Beauty Earnings & Forecasts

Ulta Beauty (ULTA) earnings history, EPS estimates, revenue forecasts and company guidance.

Earnings Per Share (Non-GAAP)

Quarterly Earnings Surprise Amount

Fiscal Quarter	Date Reported	Actual EPS	Estimated EPS	Surprise %
Q2	Aug 27, 2026	$6.55	$6.25	4.80 %
Q1	Jun 2, 2026	$7.74	$6.89	12.3 %
Q4	Mar 12, 2026	$8.01	$8.01	0.00 %
Q3	Dec 4, 2025	$5.14	$4.58	12.2 %

Quarterly Revenue (Billions)

Quarterly Revenue Surprise Amount

Fiscal Quarter	Date Reported	Actual Revenue	Estimated Revenue	Surprise %
Q2	Aug 27, 2026	$3.04B	$3.00B	1.25 %
Q1	Jun 2, 2026	$3.16B	$3.11B	1.80 %
Q4	Mar 12, 2026	$3.90B	$3.82B	1.95 %
Q3	Dec 4, 2025	$2.86B	$2.71B	5.44 %

Ulta Beauty Guidance

Ulta Beauty (ULTA) last issued guidance on August 27, 2026 for fiscal year 2026. The company guided earnings per share in the range of $28.7 - $29, compared to a consensus EPS estimate of $26.21. Ulta Beauty also guided revenue in the range of $13.22B - $13.29B for the period.

Compared to prior guidance, Ulta Beauty maintained its EPS outlook from a previous range of $28.36 - $28.8. On the revenue side, the company maintained its revenue forecast from a prior range of $13.14B - $13.26B.

Ulta Beauty has issued 19 guidance updates between December 1, 2022 and August 27, 2026. During this period, the company raised its outlook 8 times and lowered it 2 times, providing investors with insight into management's evolving expectations.

Recent Earnings Results

Metric	Q2 '26	Q1 '26	Q4 '25	Q3 '25
Earnings Per Share (Non-GAAP)
Estimate	$6.25	$6.89	$8.01	$4.58
Actual	$6.55	$7.74	$8.01	$5.14
Surprise	+4.80%	+12.3%	0.00%	+12.2%
Revenue
Estimate	$3.00B	$3.11B	$3.82B	$2.71B
Actual	$3.04B	$3.16B	$3.90B	$2.86B
Surprise	+1.25%	+1.80%	+1.95%	+5.44%