Under Armour (UA) Change in Inventory (2009 - 2026)

Under Armour (UA) reported Change in Inventory of -$160.9 million for Q1 2026, little changed on a YoY basis from -$161.6 million in Q1 2025, and down 557.05% quarter-over-quarter from $35.2 million in Q4 2025.

Under Armour (UA) Change in Inventory (2009 - 2026) Analysis & Trends

Under Armour has reported Change in Inventory for 18 years, with the latest figure at -$160.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory changed 0.4% year-over-year to -$160.9 million; the trailing twelve-month figure through Mar 2026 stood at -$39.3 million (down 259.28% YoY), and the FY2026 full-year result was -$39.3 million, down 259.28% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$160.9 million, down from $35.2 million in the prior quarter.
  • The five-year high for Change in Inventory was $266.8 million in Q3 2022, with the low at -$175.1 million in Q3 2023.
  • Historically, Change in Inventory has averaged $9.6 million across 5 years, with a median of -$6.6 million in 2024.
  • Annual changes were most pronounced in 2022 — Change in Inventory surged 1884.06% — and 2025, when it plunged 493.33%.
  • Under Armour's Change in Inventory 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Ermenegildo Zegna 190,651.29 Bn 190,651.02 Bn - -
2 Ralph Lauren 24.63 Bn 22.56 Bn 1.38 Bn -125.00 Mn
3 Levi Strauss 9.37 Bn 8.55 Bn 1.08 Bn -
4 V F 6.90 Bn 6.69 Bn 1.22 Bn -277.08 Mn
5 Kontoor Brands 4.43 Bn 4.32 Bn 470.76 Mn -192.56 Mn
6 Pvh 3.76 Bn 3.17 Bn 1.19 Bn -69.20 Mn
7 Columbia Sportswear 3.54 Bn 3.00 Bn 394.96 Mn -61.58 Mn
8 Under Armour 2.50 Bn 1.58 Bn 492.04 Mn -160.94 Mn
9 Figs 1.99 Bn 1.72 Bn 108.30 Mn 11.42 Mn
10 G Iii Apparel 1.49 Bn 1.10 Bn 347.75 Mn -42.17 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 -42.54 Mn
Dec 31, 2023 -42.54 Mn