Ulta Beauty, Inc. employees and revenue per employee

ULTA · Specialty Retail · $23.4B market cap

Ulta Beauty, Inc. had 65,000 employees at the end of fiscal Jan 2026, up 12.1% from a year earlier. Revenue for the year was $12.4B, up 9.7% from a year earlier, or $191K per employee. Headcount grew faster than revenue.

Employees

65,000

+12.1% YoY

Revenue

$12.4B

+9.7% YoY

Revenue / employee

$191K

Peer median $571K

Rank in industry

16 of 18

Specialty Retail

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Jan 2017
63330597'17'18'19'20'21'22'23'24'25'26Revenue 255Staff 560

Hover a year for the numbers.

ULTA employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Jan 202665,000$12.4B$191K+12.1%+9.7%
Feb 202558,000$11.3B$195K+3.6%+0.8%
Feb 202456,000$11.2B$200K+5.7%+9.8%
Jan 202353,000$10.2B$193K+30.9%+18.3%
Jan 202240,500$8.63B$213K+9.5%+40.3%
Jan 202137,000$6.15B$166K+105.6%-16.8%
Feb 202018,000$7.40B$411K+12.5%+10.1%
Feb 201916,000$6.72B$420K+16.8%+14.1%
Feb 201813,700$5.88B$430K+18.1%+21.2%
Jan 201711,600$4.85B$419K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
37,000'2140,500'2253,000'2356,000'2458,000'2565,000'26
Revenue per employee, last six fiscal years
$166K'21$213K'22$193K'23$200K'24$195K'25$191K'26

Ulta Beauty, Inc. against similar companies

The closest industry peers by revenue, from Specialty Retail.

CompanyEmployeesRevenueRevenue / employeeShape
W
Wayfair Inc.
11,800$12.5B$1.06MLeaner
EBAY
eBay Inc.
12,300$11.1B$902KEfficient growth
CASY
Casey's General Stores, Inc.
23,490$17.6B$748KEfficient growth
CHWY
Chewy, Inc.
18,000$12.6B$700KLeaner
TSCO
Tractor Supply Company
26,000$15.5B$597KLeaner
DKS
DICK'S Sporting Goods, Inc.
31,600$17.2B$545KHiring ahead
ORLY
O'Reilly Automotive, Inc.
78,258$17.8B$227KEfficient growth
ULTA
Ulta Beauty, Inc.
65,000$12.4B$191KHiring ahead
AZO
AutoZone, Inc.
130,000$18.9B$146KHiring ahead
Every Consumer Cyclical company

Questions about Ulta Beauty, Inc.

How many employees does Ulta Beauty, Inc. have?
Ulta Beauty, Inc. reported 65,000 employees for the fiscal year ending Jan 2026, in the annual report it filed on March 26, 2026. That is up 12.1% from a year earlier.
What is Ulta Beauty, Inc.'s revenue per employee?
Ulta Beauty, Inc. brought in $12.4B of revenue in fiscal Jan 2026, which is $191K per employee. That ranks 16 of 18 companies we track in Specialty Retail, where the median is $571K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare ULTA with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Ulta Beauty, Inc.'s annual reports (Form 10-K), latest filed March 26, 2026. This is data, not a recommendation to buy or sell ULTA.