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NYSE · Consumer Discretionary

Under Armour, Inc. (UAA)

As-reported financials and SEC filings for Under Armour, Inc. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Under Armour, Inc.

Under Armour, Inc. designs, develops, markets and distributes branded performance apparel, footwear and accessories for men, women and youth worldwide. Its products, which include athletic and casual wear, are engineered with performance-driven materials and technologies for use in various sports and active lifestyles. The company sells its products through wholesale channels, including retailers and distributors, as well as direct-to-consumer channels such as brand stores and e-commerce platforms.

Snapshot

Revenue
$4.97B
Revenue growth (YoY)
-3.8%
Net income
$-495.6M
Diluted EPS
$-1.16
Gross margin
45.5%
Operating margin
-3.3%
Net margin
-10.0%
FCF margin
-3.3%
ROE
-35.0%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$2.10B
Long-term debt / equity
0.42×
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Under Armour

  • Revenue fell 3.8% to $5.0B in FY2026, after a 9.4% decline the year before.
  • Most recent quarter Q1 FY2027: revenue $1.1B, down 3.2% from Q1 FY2026.
  • Free cash flow was negative $162M in FY2026.
  • Net loss widened to $496M in FY2026, from $201M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Under Armour’s fundamentals sit among the 410 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin45.5%
72nd percentile of 277
Operating margin-3.3%
21st percentile of 348
Net margin-10.0%
14th percentile of 384
FCF margin-3.3%
15th percentile of 358
Revenue growth (YoY)-3.8%
25th percentile of 401
ROE-35.0%
15th percentile of 349
Long-term debt / equity0.42×
46th percentile of 236
Short interest5.96d
72nd percentile of 408

Under Armour’s net margin of -10.0% ranks in the 14th percentile of the 384 Consumer Discretionary companies reporting it. Under Armour’s FCF margin of -3.3% ranks in the 15th percentile of the 358 Consumer Discretionary companies reporting it. Under Armour’s return on equity of -35.0% ranks in the 15th percentile of the 349 Consumer Discretionary companies reporting it.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 7 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+7 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$97.2M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$48.4M7.6MAdded
AQR Capital ManagementquantQ2 2026$16.1M2.6MAdded
Millennium ManagementquantQ2 2026$12.6M2.0MReduced
Two Sigma InvestmentsquantQ2 2026$11.1M1.7MAdded
Point72 Asset ManagementquantQ2 2026$5.7M887.6KAdded
Citadel AdvisorsquantQ2 2026$3.1M486.7KReduced
Renaissance TechnologiesquantQ2 2026$223,01134.9KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
65.1M
settled 2026-09-30
Change vs prior
+21.8%
vs previous settlement
Days to cover
5.96
at avg daily volume
Avg daily volume
10.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-3065.1M+21.8%5.96
2026-09-1553.5M+1.1%6.83
2026-08-3152.9M+4.2%7.31
2026-08-1450.8M+12.5%4.82
2026-07-3145.1M-16.1%6.11
2026-07-1553.8M-4.9%7.36
2026-06-3056.5M+19.9%4.90
2026-06-1547.1M-2.6%7.37

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$4.97B$5.16B$5.70B$5.90B—
Gross profit—
Operating income$-163.1M$-185.2M$229.8M$263.6M—
Net income$-495.6M$-201.3M$232.0M$374.5M$-63.1M
Diluted EPS$-1.16$-0.47$0.52$0.81—

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$-75.1M$-59.3M$354.0M$-39.9M—
Capital expenditure$87.1M$168.7M$150.3M$158.1M—
Free cash flow—

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$1.10B-3.2%$545,000$0.00
Q4 FY2026-0.8%
Q3 FY2026$1.33B-5.2%$-430.8M$-1.01
Q2 FY2026$1.33B-4.7%$-18.8M$-0.04
Q1 FY2026$1.13B-4.2%$-2.6M$-0.01
Q4 FY2025-11.4%
Q3 FY2025$1.40B-5.7%$1.2M$0.00
Q2 FY2025$1.40B-10.7%$170.4M$0.39

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorConsumer Discretionary
SIC industryApparel & Other Finishd Prods of Fabrics & Similar Matl
Latest annual periodFY2026 (ended March 31, 2026)
Latest reported quarterQ1 FY2027 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK1336917

Selected SEC filings

10-K2026-05-19
View on EDGAR →
10-Q2026-08-07
View on EDGAR →
10-Q2026-02-06
View on EDGAR →
8-K2026-08-27
View on EDGAR →
8-K2026-08-07
View on EDGAR →
8-K2026-05-12
View on EDGAR →
8-K2026-02-12
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.