Under Armour (UA) Change in Inventory (2009 - 2026)
Under Armour's (UA) quarterly Change in Inventory came in at $193.5 million in Q2 2026, down 1.55% on a YoY basis from $196.6 million in Q2 2025, and up 220.25% quarter-over-quarter from -$160.9 million in Q1 2026.
Analysis
Under Armour (UA) Change in Inventory (2009 - 2026) Analysis & Trends
Under Armour (UA) has reported Change in Inventory for 18 consecutive years, with $193.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory fell 1.55% year-over-year to $193.5 million; the trailing twelve-month figure through Jun 2026 stood at -$42.3 million (down 284.08% YoY), and the FY2026 full-year result was -$39.3 million, down 259.28% from the prior year.
- Change in Inventory improved to $193.5 million in Q2 2026 per UA's latest filing, from -$160.9 million in the prior quarter.
- Across five years, Change in Inventory topped out at $266.8 million in Q3 2022 and bottomed at -$175.1 million in Q3 2023.
- Historically, Change in Inventory has averaged $21.9 million across 5 years, with a median of $5.3 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Change in Inventory soared 1884.06% in 2022, then sank 493.33% in 2025.
- Over 5 years, Change in Inventory stood at $266.8 million in 2022, then plunged by 115.94% to -$42.5 million in 2023, then jumped by 112.47% to $5.3 million in 2024, then jumped by 563.88% to $35.2 million in 2025, then surged by 449.62% to $193.5 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $193.5 million, -$160.9 million, and $35.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.94 Bn | 9.55 Bn | 1.46 Bn | 37.99 Mn |
| 2 | Gildan Activewear | 7.84 Bn | 7.57 Bn | 459.76 Mn | - |
| 3 | Levi Strauss | 7.76 Bn | 6.78 Bn | 979.10 Mn | - |
| 4 | V F | 4.94 Bn | 4.27 Bn | 917.04 Mn | 537.01 Mn |
| 5 | Kontoor Brands | 3.65 Bn | 3.59 Bn | 328.26 Mn | - |
| 6 | Pvh | 3.19 Bn | 2.22 Bn | 1.32 Bn | 244.20 Mn |
| 7 | Warby Parker | 3.02 Bn | 2.72 Bn | 136.46 Mn | -4.35 Mn |
| 8 | Columbia Sportswear | 2.89 Bn | 2.27 Bn | 358.43 Mn | 253.19 Mn |
| 9 | Figs | 2.16 Bn | 1.86 Bn | 147.86 Mn | -19.83 Mn |
| 10 | Under Armour | 2.07 Bn | 1.67 Bn | 593.83 Mn | 193.53 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 193.53 Mn |
| Mar 31, 2026 | -160.94 Mn |
| Dec 31, 2025 | 35.21 Mn |
| Sep 30, 2025 | -110.15 Mn |
| Jun 30, 2025 | 196.57 Mn |
| Mar 31, 2025 | -160.30 Mn |
| Dec 31, 2024 | 5.30 Mn |
| Sep 30, 2024 | -18.57 Mn |
| Jun 30, 2024 | 162.62 Mn |
| Mar 31, 2024 | -143.91 Mn |
| Dec 31, 2023 | -42.54 Mn |
| Sep 30, 2023 | -175.06 Mn |
| Jun 30, 2023 | 145.02 Mn |
| Sep 30, 2022 | 266.82 Mn |
| Jun 30, 2022 | 134.21 Mn |
| Dec 31, 2021 | -44.04 Mn |
| Sep 30, 2021 | -14.96 Mn |
| Jun 30, 2021 | 26.86 Mn |
| Mar 31, 2021 | -49.25 Mn |
| Dec 31, 2020 | -175.24 Mn |