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Ulta Beauty shares outstanding ULTA

Diluted shares outstanding, averaged over each quarter, from 2010.

Latest quarter, to Aug 1, 2026
43.1M
On a year earlier
−4.5%
fewer shares

Ulta Beauty had 43.1M diluted shares outstanding on average in Q2 FY26, the quarter to Aug 1, 2026.

That is 4.5% fewer than a year earlier, so each share owns a little more of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY202544.5M−4%
FY202446.5M−5%
FY202348.9M−4%
FY202251.1M−5%
FY202153.5M−6%
FY202056.7M−1%
FY201957.2M−4%
FY201859.4M−3%
FY201761.4M−2%
FY201662.6M−2%
FY201564M−1%
FY201464.6M+0%
FY201364.6M−0%
FY201264.7M+1%
FY201163.8M+1%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY2643.1M−5%
Q1 FY2644M−3%
Q4 FY2544.5M−4%
Q3 FY2544.9M−5%
Q2 FY2545.1M−5%
Q1 FY2545.5M−6%
Q4 FY2446.5M−5%
Q3 FY2447.1M−4%
Q2 FY2447.7M−4%
Q1 FY2448.4M−4%
Q4 FY2348.9M−4%
Q3 FY2349.2M−4%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Ulta Beauty

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.