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Titan Machinery vs Ulta Beauty: revenue, profit, margins and growth compared

Titan Machinery brought in $2.4B of revenue in fiscal 2026, Ulta Beauty $12.4B in fiscal 2025. Revenue changed by -10.2% at Titan Machinery and +9.7% at Ulta Beauty on the year before, so Ulta Beauty grew faster. Titan Machinery kept -2.2% of its revenue as net profit, Ulta Beauty 9.3%.

Side by side, latest fiscal year

TITNULTA
Fiscal year endedFY2026 (January 31, 2026)FY2025 (January 31, 2026)
Revenue$2.4B$12.4B
Revenue growth-10.2%+9.7%
Net income-$54.2M$1.2B
Net margin-2.2%9.3%
Free cash flown/a$1.1B
Free cash flow marginn/a8.6%
Earnings per share (diluted)-$2.38$25.64
Cash$28.2M$424.2M
Debt$180Mn/a
Price to earningsn/a21.3
Market value$547.4M$23.4B
Dividend yieldn/an/a
Rank by revenue in sector#328 of 778 · Consumer discretionary#104 of 778 · Consumer discretionary

Over the years

Revenue
TITN FY2019: $1.3BTITN FY2020: $1.3BTITN FY2021: $1.4BTITN FY2022: $1.7BTITN FY2023: $2.2BTITN FY2024: $2.8BTITN FY2025: $2.7BTITN FY2026: $2.4BULTA FY2018: $6.7BULTA FY2019: $7.4BULTA FY2020: $6.2BULTA FY2021: $8.6BULTA FY2022: $10.2BULTA FY2023: $11.2BULTA FY2024: $11.3BULTA FY2025: $12.4BFY18FY19FY20FY21FY22FY23FY24FY25FY26
TITN $2.4BULTA $12.4B
Net income
TITN FY2019: $12.2MTITN FY2020: $14MTITN FY2021: $19.4MTITN FY2022: $66MTITN FY2023: $101.9MTITN FY2024: $112.4MTITN FY2025: -$36.9MTITN FY2026: -$54.2MULTA FY2018: $658.6MULTA FY2019: $705.9MULTA FY2020: $175.8MULTA FY2021: $985.8MULTA FY2022: $1.2BULTA FY2023: $1.3BULTA FY2024: $1.2BULTA FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
TITN -$54.2MULTA $1.2B
Net margin
TITN FY2019: 1.0%TITN FY2020: 1.1%TITN FY2021: 1.4%TITN FY2022: 3.9%TITN FY2023: 4.6%TITN FY2024: 4.1%TITN FY2025: -1.4%TITN FY2026: -2.2%ULTA FY2018: 9.8%ULTA FY2019: 9.5%ULTA FY2020: 2.9%ULTA FY2021: 11.4%ULTA FY2022: 12.2%ULTA FY2023: 11.5%ULTA FY2024: 10.6%ULTA FY2025: 9.3%FY18FY19FY20FY21FY22FY23FY24FY25FY26
TITN -2.2%ULTA 9.3%
Revenue growth
TITN FY2020: +3.5%TITN FY2021: +8.1%TITN FY2022: +21.3%TITN FY2023: +29.1%TITN FY2024: +24.9%TITN FY2025: -2.0%TITN FY2026: -10.2%ULTA FY2019: +10.1%ULTA FY2020: -16.8%ULTA FY2021: +40.3%ULTA FY2022: +18.3%ULTA FY2023: +9.8%ULTA FY2024: +0.8%ULTA FY2025: +9.7%FY19FY20FY21FY22FY23FY24FY25FY26
TITN -10.2%ULTA +9.7%
Free cash flow
TITN FY2019: $40.3MTITN FY2020: -$9.8MULTA FY2018: $636.7MULTA FY2019: $802.8MULTA FY2020: $658.5MULTA FY2021: $887.1MULTA FY2022: $1.2BULTA FY2023: $1BULTA FY2024: $964.1MULTA FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
TITN -$9.8MULTA $1.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Titan Machinery and Ulta Beauty

Which is bigger by revenue, Titan Machinery or Ulta Beauty?

Ulta Beauty is bigger by revenue: $12.4B in fiscal 2025, against $2.4B for Titan Machinery in fiscal 2026.

Which keeps more of its revenue as profit, Titan Machinery or Ulta Beauty?

Titan Machinery had a net margin of -2.2% in fiscal 2026; Ulta Beauty had 9.3% in fiscal 2025.

Which grew revenue faster, Titan Machinery or Ulta Beauty?

In their latest fiscal years revenue changed by -10.2% at Titan Machinery and +9.7% at Ulta Beauty.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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