Under Armour, Inc.UAAEarnings & Financial Report
Under Armour, Inc. is an American sportswear company that manufactures footwear and apparel headquartered in Baltimore, Maryland, United States.
Revenue
$1.2B
Gross Profit
$550.8M
Operating Profit
$-72.1M
Net Profit
$-67.5M
Gross Margin
46.7%
Operating Margin
-6.1%
Net Margin
-5.7%
YoY Growth
-11.4%
EPS
$-0.16
Financial Flow
Under Armour, Inc. Q4 2025 Financial Summary
Under Armour, Inc. reported revenue of $1.2B (down 11.4% YoY) for Q4 2025, with a net profit of $-67.5M (down 1127.1% YoY) (-5.7% margin). Cost of goods sold was $629.8M, operating expenses totaled $622.9M.
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $-67.5M |
| Gross Margin | 46.7% |
| Operating Margin | -6.1% |
| Report Period | Q4 2025 |
Revenue Breakdown
Under Armour, Inc. Q4 2025 revenue of $1.2B breaks down across 4 segments, led by Apparel at $780.4M (66.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Apparel | $780.4M | 66.1% |
| Footwear | $281.8M | 23.9% |
| Accessories | $91.5M | 7.8% |
| License | $24.2M | 2.1% |
Under Armour, Inc. Revenue by Segment — Quarterly Trend
Under Armour, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Apparel and Footwear) has evolved quarter over quarter.
| Segment | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|
| Apparel | $934.0M | $936.5M | $746.6M | $780.4M |
| Footwear | $265.1M | $263.6M | $265.9M | $281.8M |
| Accessories | $107.7M | $113.1M | $100.1M | $91.5M |
| License | $27.2M | $29.0M | $24.4M | $24.2M |
Under Armour, Inc. Annual Revenue by Year
Under Armour, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $5.2B).
| Year | Annual Revenue |
|---|---|
| 2025 | $5.2B |
| 2024 | $5.7B |
| 2023 | $5.9B |
| 2022 | $5.7B |
Under Armour, Inc. Quarterly Revenue & Net Profit History
Under Armour, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2026 | $1.3B | -5.2% | $-430.8M | -32.4% |
| Q2 2026 | $1.3B | -4.7% | $-18.8M | -1.4% |
| Q1 2026 | $1.1B | -4.2% | $-2.6M | -0.2% |
| Q4 2025 | $1.2B | -11.4% | $-67.5M | -5.7% |
| Q3 2025 | $1.4B | -5.7% | $1.2M | 0.1% |
| Q2 2025 | $1.4B | -10.7% | $170.4M | 12.2% |
| Q1 2025 | $1.2B | -10.1% | $-305.4M | -25.8% |
| Q4 2024 | $1.3B | -4.7% | $6.6M | 0.5% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.33B | $1.18B | $1.40B | $1.40B | $1.18B | $1.13B | $1.33B | $1.33B |
| YoY Growth | -4.7% | -10.1% | -10.7% | -5.7% | -11.4% | -4.2% | -4.7% | -5.2% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.76B | $4.86B | $4.49B | $4.63B | $4.30B | $4.87B | $4.90B | $4.63B |
| Liabilities | $2.61B | $3.04B | $2.51B | $2.65B | $2.41B | $2.99B | $3.04B | $3.19B |
| Equity | $2.15B | $1.82B | $1.99B | $1.98B | $1.89B | $1.87B | $1.86B | $1.44B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-122.9M | $153.0M | $-321.4M | $311.3M | $-202.2M | $48.9M | $-69.8M | $278.1M |