Under Armour (UA) Change in Inventory (2009 - 2026)
Under Armour's (UA) quarterly Change in Inventory came in at -$160.9 million in Q1 2026, little changed YoY from -$161.6 million in Q1 2025, and down 557.05% on a QoQ basis from $35.2 million in Q4 2025.
Under Armour (UA) Change in Inventory (2009 - 2026) Analysis & Trends
Under Armour (UA) has 18 years of Change in Inventory data on file, last reported at -$160.9 million in Q1 2026.
- Quarterly Change in Inventory changed 0.4% year-over-year to -$160.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$39.3 million (down 259.28% YoY) and the FY2026 annual result came in at -$39.3 million, down 259.28% from the prior year.
- Change in Inventory retreated to -$160.9 million in Q1 2026, from $35.2 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $266.8 million in Q3 2022 to a low of -$175.1 million in Q3 2023.
- A 5-year average of $9.6 million and a median of -$6.6 million in 2024 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2022 — Change in Inventory surged 1884.06% — and 2025, when it plunged 493.33%.
- Tracing UA's Change in Inventory over 5 years: stood at $266.8 million in 2022, then slumped by 115.94% to -$42.5 million in 2023, then surged by 112.47% to $5.3 million in 2024, then surged by 563.88% to $35.2 million in 2025, then tumbled by 557.05% to -$160.9 million in 2026.
- The last three Change in Inventory figures came in at -$160.9 million (Q1 2026), $35.2 million (Q4 2025), and -$110.2 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.39 Bn | 20.45 Bn | 1.44 Bn | 156.30 Mn |
| 2 | Gildan Activewear | 10.46 Bn | 10.19 Bn | 459.76 Mn | - |
| 3 | Levi Strauss | 8.33 Bn | 7.35 Bn | 979.10 Mn | - |
| 4 | V F | 5.65 Bn | 4.98 Bn | 917.04 Mn | 537.01 Mn |
| 5 | Kontoor Brands | 4.50 Bn | 4.45 Bn | 328.26 Mn | - |
| 6 | Ermenegildo Zegna | 3.61 Bn | 3.26 Bn | - | - |
| 7 | Pvh | 3.61 Bn | 3.02 Bn | 1.19 Bn | -69.20 Mn |
| 8 | Columbia Sportswear | 3.09 Bn | 2.46 Bn | 358.43 Mn | 253.19 Mn |
| 9 | Figs | 2.46 Bn | 2.16 Bn | 147.86 Mn | -19.83 Mn |
| 10 | Under Armour | 2.24 Bn | 1.85 Bn | 593.83 Mn | 193.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 193.53 Mn |
| Jun 30, 2026 | 193.53 Mn |
| Mar 31, 2026 | -160.94 Mn |
| Mar 31, 2026 | -160.94 Mn |
| Dec 31, 2025 | 35.21 Mn |
| Dec 31, 2025 | 35.21 Mn |
| Sep 30, 2025 | -110.15 Mn |
| Sep 30, 2025 | -110.15 Mn |
| Jun 30, 2025 | 196.57 Mn |
| Jun 30, 2025 | 196.57 Mn |
| Mar 31, 2025 | -160.30 Mn |
| Mar 31, 2025 | -160.30 Mn |
| Dec 31, 2024 | 5.30 Mn |
| Dec 31, 2024 | 5.30 Mn |
| Sep 30, 2024 | -18.57 Mn |
| Sep 30, 2024 | -18.57 Mn |
| Jun 30, 2024 | 162.62 Mn |
| Jun 30, 2024 | 162.62 Mn |
| Mar 31, 2024 | -143.91 Mn |
| Mar 31, 2024 | -143.91 Mn |