Under Armour, Inc. (UA) Stock Analysis
Consumer Cyclical · Apparel Manufacturing · NYSE
Under Armour, Inc. (UA) posted $4.97B in revenue for fiscal 2026 (down 3.8% year over year), with a net loss of $495.64M, and has compounded revenue about 2.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Under Armour, Inc.
Under Armour, Inc. has grown revenue from $4.83B to $4.97B over the last 10 fiscal years, compounding about 2.1% a year. The most recent year was down 3.8%, so growth has cooled from its longer-run pace.
Net margin sits at -10%, down 6.1 points year over year on a 45.5% gross margin. It carries about $1.19B of total debt.
The one thing worth a second look in the filings is debt with negative operating cash flow.
Synthesised from Under Armour, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Under Armour, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.83B | $4.99B | $5.19B | $5.27B | $4.47B | $5.68B | $5.90B | $5.70B | $5.16B | $4.97B |
| Gross profit | $2.25B | $2.25B | $2.34B | $2.47B | $2.16B | $2.86B | $2.64B | $2.63B | $2.47B | $2.26B |
| Net income | $256.98M | $-48.26M | $-46.30M | $92.14M | $-549.18M | $351.00M | $386.77M | $232.04M | $-201.27M | $-495.64M |
| Net margin | 5.3% | -1.0% | -0.9% | 1.7% | -12.3% | 6.2% | 6.6% | 4.1% | -3.9% | -10.0% |
Source: Under Armour, Inc. SEC filings (10-K). 18 years of history available in the interactive view.
Under Armour, Inc.: 2 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Debt with negative operating cash flowCarries $2390.1M of debt while last year's operating cash flow was negative ($-75.1M).
- Currently unprofitableThe latest fiscal year was a net loss (net margin -10.0%).
Explore 18 years of Under Armour, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
Open the interactive view — freeUnder Armour, Inc. financial history by metric
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About Under Armour, Inc.
Under Armour, Inc., together with its subsidiaries, engages designs, developing, marketing, and distributing performance apparel, footwear, and accessories for men, women, and youth. The company provides its apparel in compression, fitted, and loose fit types. It also offers footwear products for running, training, basketball, cleated sports, recovery, and outdoor applications, as well as for casual use. In addition, the company provides accessories, which include gloves, bags, headwear, and socks. It primarily offers its products under the UNDER ARMOUR, ARMOUR, HEATGEAR, COLDGEAR, HOVR, UA, PROTECT THIS HOUSE, I WILL, ARMOUR FLEECE, and ARMOUR BRA brands. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through its own brand and factory house retail stores and e-commerce websites. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company was incorporated in 1996 and is headquartered in Baltimore, Maryland.
Under Armour, Inc. — frequently asked questions
What is Under Armour, Inc.'s revenue?
Under Armour, Inc. (UA) reported revenue of $4.97B for fiscal year 2026, down 3.8% from the prior year, according to its SEC filings.
Is Under Armour, Inc. profitable?
No — UA reported a net loss of $-495.64M in fiscal 2026.
What is UA's P/E ratio?
Under Armour, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Under Armour, Inc. growing?
UA's revenue grew at roughly 2.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Under Armour, Inc. have?
As of fiscal year 2026, UA carried roughly $1.19B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Under Armour, Inc.'s gross margin?
UA's gross margin was 45.5% in fiscal 2026 — gross profit of $2.26B on revenue of $4.97B.
What is Under Armour, Inc.'s market cap?
Under Armour, Inc. (UA) has a market capitalization of about $2.38B, based on the latest data in our nightly-refreshed cache.
When does Under Armour, Inc.'s fiscal year end?
UA's fiscal year ends in March. Its most recent annual filing covers the fiscal year ending 2026-03-31.
Where does this data come from?
All figures are computed from Under Armour, Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.