Filing Flows › Ulta Beauty (ULTA) › Gross margin
Ulta Beauty (ULTA) gross margin by quarter
Ulta Beauty's gross margin was 39.1% in Q2 FY27 (second quarter fiscal 2027), -1.0 pts from Q1 FY27. Over the last 7 quarters it ranged from 38.1% (Q4 FY26) to 40.4% (Q3 FY26).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 39.1% | -1.0 pts | -0.1 pts |
| Q1 FY27 | 40.1% | +2.0 pts | +0.9 pts |
| Q4 FY26 | 38.1% | -2.4 pts | -0.2 pts |
| Q3 FY26 | 40.4% | +1.3 pts | — |
| Q2 FY26 | 39.2% | +0.0 pts | — |
| Q1 FY26 | 39.1% | +0.9 pts | — |
| Q4 FY25 | 38.2% | — | — |
Q2 FY27 at a glance
Ulta Beauty, Q2 FY27: revenue $3.0B (+9% year over year), operating margin 12.5%, net earnings $282M, operating cash flow $120M. The chart follows the revenue to costs, profit and cash.
Questions
What is Ulta Beauty's gross margin?
Ulta Beauty's gross margin was 39.1% in Q2 FY27 (second quarter fiscal 2027), -1.0 pts from Q1 FY27.
How has Ulta Beauty's gross margin changed?
Over the last 7 quarters it ranged from 38.1% (Q4 FY26) to 40.4% (Q3 FY26).