Filing Flows › Ulta Beauty (ULTA) › Operating margin
Ulta Beauty (ULTA) operating margin by quarter
Ulta Beauty's operating margin was 12.5% in Q2 FY27 (second quarter fiscal 2027), -1.7 pts from Q1 FY27. Over the last 7 quarters it ranged from 10.8% (Q3 FY26) to 14.8% (Q4 FY25).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 12.5% | -1.7 pts | +0.1 pts |
| Q1 FY27 | 14.2% | +1.9 pts | +0.1 pts |
| Q4 FY26 | 12.2% | +1.4 pts | -2.6 pts |
| Q3 FY26 | 10.8% | -1.5 pts | — |
| Q2 FY26 | 12.4% | -1.7 pts | — |
| Q1 FY26 | 14.1% | -0.7 pts | — |
| Q4 FY25 | 14.8% | — | — |
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 operating margin?
Ulta Beauty's operating margin was 12.5% in Q2 FY27 (second quarter fiscal 2027), -1.7 pts from Q1 FY27.
How has Ulta Beauty's operating margin changed?
Over the last 7 quarters it ranged from 10.8% (Q3 FY26) to 14.8% (Q4 FY25).