Under Armour (UA) Financial Statements & Analysis

Under Armour (UA) Income Statement

Under Armour reported revenue of $4.97B in fiscal 2026 (fiscal year ended Mar 31, 2026), down 3.8% from $5.16B a year earlier. Under Armour posted a net loss of $495.64M, compared with a net loss of $201.27M a year earlier. Gross margin was 45.5% and operating margin -0.7%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $1.10B, down 3.4% from the same quarter a year earlier.

Under Armour Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Under Armour, Inc. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2016
Revenue & Gross Profit
Revenue	4.97	5.16	5.69	5.86	5.73	5.68	5.25	5.19	4.98	4.83
Cost of Revenue	2.71	2.69	3.07	3.26	2.89	2.82	2.81	2.86	2.75	2.60
Gross Profit	2.26	2.47	2.63	2.60	2.84	2.86	2.44	2.34	2.23	2.23
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.29	2.27	2.39	2.38	2.42	2.33	2.23	2.18	2.08	1.79
Operating Expenses	2.29	2.66	2.39	2.38	2.42	2.33	2.23	2.18	2.08	1.79
Operating Income	-0.04	-0.19	0.23	0.22	0.42	0.53	0.21	0.16	0.15	0.43
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.03	-0.01	0.00	0.01	-0.04	0.04	0.02	0.03	0.04	0.02
Other Income/Expense	-0.17	-0.02	0.03	0.05	-0.01	-0.09	-0.05	-0.23	-0.16	-0.05
Income
Income Before Tax	-0.20	-0.20	0.26	0.27	0.25	0.39	0.16	-0.07	-0.01	0.39
Income Tax Expense	0.29	0.00	0.03	-0.11	0.03	0.03	0.07	-0.02	0.04	0.13
Net Income	-0.50	-0.20	0.23	0.37	0.22	0.36	0.09	-0.05	-0.05	0.20
Net Income - Continuous Operations	-0.50	-0.20	0.23	0.37	-	0.36	0.09	-0.05	-0.05	0.20
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-	-
EBITDA	-0.06	0.34	0.40	0.42	0.56	0.67	0.42	0.15	0.20	0.56
EBIT	-0.04	0.20	0.24	0.27	0.42	0.53	-	-	-	-
Depreciation & Amortization	0.11	0.14	0.14	0.14	0.14	0.14	0.19	0.18	0.17	0.14
Earnings Per Share
Basic EPS	-1.00	-	1.00	1.00	-	1.00	-	-	-	-
Diluted EPS	-1.00	-	1.00	1.00	-	1.00	-	-	-	-
Basic Shares Outstanding	0.43	0.43	0.44	0.45	0.47	0.47	0.45	0.45	0.44	0.44
Diluted Shares Outstanding	0.43	0.43	0.45	0.46	0.47	0.47	0.45	0.45	0.44	0.44

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Under Armour Financial Statements

What was Under Armour's revenue in fiscal 2026?

Under Armour reported revenue of $4.97B in fiscal 2026 (fiscal year ended Mar 31, 2026). That was down 3.8% from $5.16B a year earlier.

Is Under Armour profitable?

No. Under Armour reported a net loss of $495.64M in fiscal 2026. In fiscal 2025 it lost $201.27M.

What is Under Armour's operating margin?

Under Armour's operating income was −$35.39M on revenue of $4.97B in fiscal 2026, an operating margin of -0.7%, compared with -3.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition