Under Armour (UA) Cost of Revenue (2009 - 2026)
Under Armour posted quarterly Cost of Revenue of $679.1 million for Q1 2026, up 7.83% year-on-year from $629.8 million in Q1 2025, and down 7.98% on a QoQ basis from $738.0 million in Q4 2025.
Under Armour (UA) has 18 years of Cost of Revenue data on file, last reported at $679.1 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 7.83% year-over-year to $679.1 million; the trailing twelve-month figure through Mar 2026 stood at $2.7 billion (up 0.67% YoY), and the FY2026 full-year result was $2.7 billion, up 0.67% from the prior year.
- Cost of Revenue for Q1 2026 stood at $679.1 million, down from $738.0 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $860.8 million in Q3 2022 and bottomed at $587.6 million in Q2 2025.
- The 5-year median for Cost of Revenue is $720.9 million (2022), against an average of $722.9 million.
- The widest annual swing landed in 2022, when Cost of Revenue advanced 13.65%; it then declined 14.09% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $860.8 million in 2022, then decreased by 5.27% to $815.4 million in 2023, then decreased by 9.75% to $735.9 million in 2024, then rose by 0.29% to $738.0 million in 2025, then retreated by 7.98% to $679.1 million in 2026.
- The last three Cost of Revenue figures came in at $679.1 million (Q1 2026), $738.0 million (Q4 2025), and $702.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.42 Bn | 20.35 Bn | 1.38 Bn | 599.90 Mn |
| 2 | Levi Strauss | 9.03 Bn | 8.22 Bn | 1.08 Bn | 664.20 Mn |
| 3 | V F | 6.53 Bn | 6.32 Bn | 1.22 Bn | 944.11 Mn |
| 4 | Pvh | 4.49 Bn | 3.79 Bn | 1.44 Bn | 1.06 Bn |
| 5 | Kontoor Brands | 3.96 Bn | 3.85 Bn | 470.76 Mn | 547.33 Mn |
| 6 | Columbia Sportswear | 3.46 Bn | 2.93 Bn | 394.96 Mn | 384.05 Mn |
| 7 | Under Armour | 2.29 Bn | 1.38 Bn | 492.04 Mn | 679.12 Mn |
| 8 | Figs | 1.95 Bn | 1.68 Bn | 108.30 Mn | 29.49 Mn |
| 9 | G Iii Apparel | 1.38 Bn | 969.37 Mn | 285.48 Mn | 486.01 Mn |
| 10 | Canada Goose Holdings | 710.16 Mn | 412.34 Mn | -268.86 Mn | -106.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 679.12 Mn |
| Mar 31, 2026 | 679.12 Mn |
| Dec 31, 2025 | 738.02 Mn |
| Dec 31, 2025 | 738.02 Mn |
| Sep 30, 2025 | 702.80 Mn |
| Sep 30, 2025 | 702.80 Mn |
| Jun 30, 2025 | 587.57 Mn |
| Jun 30, 2025 | 587.57 Mn |
| Mar 31, 2025 | 629.80 Mn |
| Mar 31, 2025 | 629.80 Mn |
| Dec 31, 2024 | 735.88 Mn |
| Dec 31, 2024 | 735.88 Mn |
| Sep 30, 2024 | 702.89 Mn |
| Sep 30, 2024 | 702.89 Mn |
| Jun 30, 2024 | 620.99 Mn |
| Jun 30, 2024 | 620.99 Mn |
| Mar 31, 2024 | 732.60 Mn |
| Mar 31, 2024 | 732.60 Mn |
| Dec 31, 2023 | 815.40 Mn |
| Dec 31, 2023 | 815.40 Mn |
| Sep 30, 2023 | 818.15 Mn |
| Sep 30, 2023 | 818.15 Mn |
| Jun 30, 2023 | 705.47 Mn |
| Jun 30, 2023 | 705.47 Mn |
| Mar 31, 2023 | 793.11 Mn |
| Mar 31, 2023 | 793.11 Mn |
| Sep 30, 2022 | 860.80 Mn |
| Sep 30, 2022 | 860.80 Mn |
| Jun 30, 2022 | 720.86 Mn |
| Jun 30, 2022 | 720.86 Mn |
| Dec 31, 2021 | 753.27 Mn |
| Dec 31, 2021 | 753.27 Mn |
| Sep 30, 2021 | 757.43 Mn |
| Sep 30, 2021 | 757.43 Mn |
| Jun 30, 2021 | 682.71 Mn |
| Jun 30, 2021 | 682.71 Mn |
| Mar 31, 2021 | 628.55 Mn |
| Mar 31, 2021 | 628.55 Mn |
| Dec 31, 2020 | 710.14 Mn |
| Dec 31, 2020 | 710.14 Mn |
| Sep 30, 2020 | 746.70 Mn |
| Sep 30, 2020 | 746.70 Mn |
| Jun 30, 2020 | 358.47 Mn |
| Jun 30, 2020 | 358.47 Mn |
| Mar 31, 2020 | 499.26 Mn |
| Mar 31, 2020 | 499.26 Mn |
| Dec 31, 2019 | 759.70 Mn |
| Dec 31, 2019 | 759.70 Mn |
| Sep 30, 2019 | 739.56 Mn |
| Sep 30, 2019 | 739.56 Mn |
| Jun 30, 2019 | 637.41 Mn |
| Jun 30, 2019 | 637.41 Mn |
| Mar 31, 2019 | 659.94 Mn |
| Mar 31, 2019 | 659.94 Mn |
| Dec 31, 2018 | 764.75 Mn |
| Dec 31, 2018 | 764.75 Mn |
| Sep 30, 2018 | 777.77 Mn |
| Sep 30, 2018 | 777.77 Mn |
| Jun 30, 2018 | 648.28 Mn |
| Jun 30, 2018 | 648.28 Mn |
| Mar 31, 2018 | 661.92 Mn |
| Mar 31, 2018 | 661.92 Mn |
| Dec 31, 2017 | 775.66 Mn |
| Dec 31, 2017 | 775.66 Mn |
| Sep 30, 2017 | 760.27 Mn |
| Sep 30, 2017 | 760.27 Mn |
| Jun 30, 2017 | 590.00 Mn |
| Jun 30, 2017 | 590.00 Mn |
| Mar 31, 2017 | 611.91 Mn |
| Mar 31, 2017 | 611.91 Mn |
| Dec 31, 2016 | 721.57 Mn |
| Dec 31, 2016 | 721.57 Mn |
| Sep 30, 2016 | 772.95 Mn |
| Sep 30, 2016 | 772.95 Mn |
| Jun 30, 2016 | 523.14 Mn |
| Jun 30, 2016 | 523.14 Mn |
| Mar 31, 2016 | 567.07 Mn |
| Mar 31, 2016 | 567.07 Mn |
| Dec 31, 2015 | 609.02 Mn |
| Dec 31, 2015 | 609.02 Mn |
| Sep 30, 2015 | 616.95 Mn |
| Sep 30, 2015 | 616.95 Mn |
| Jun 30, 2015 | 404.52 Mn |
| Jun 30, 2015 | 404.52 Mn |
| Mar 31, 2015 | 427.28 Mn |
| Mar 31, 2015 | 427.28 Mn |
| Dec 31, 2014 | 448.94 Mn |
| Dec 31, 2014 | 448.94 Mn |
| Sep 30, 2014 | 472.61 Mn |
| Sep 30, 2014 | 472.61 Mn |
| Jun 30, 2014 | 309.70 Mn |
| Jun 30, 2014 | 309.70 Mn |
| Mar 31, 2014 | 340.92 Mn |
| Mar 31, 2014 | 340.92 Mn |
| Dec 31, 2013 | 332.40 Mn |
| Dec 31, 2013 | 332.40 Mn |
| Sep 30, 2013 | 373.01 Mn |
| Sep 30, 2013 | 373.01 Mn |
| Jun 30, 2013 | 234.91 Mn |
| Jun 30, 2013 | 234.91 Mn |
| Mar 31, 2013 | 255.06 Mn |
| Mar 31, 2013 | 255.06 Mn |
| Dec 31, 2012 | 251.63 Mn |
| Dec 31, 2012 | 251.63 Mn |
| Sep 30, 2012 | 294.81 Mn |
| Sep 30, 2012 | 294.81 Mn |
| Jun 30, 2012 | 200.01 Mn |
| Jun 30, 2012 | 200.01 Mn |
| Mar 31, 2012 | 209.19 Mn |
| Mar 31, 2012 | 209.19 Mn |
| Dec 31, 2011 | 195.22 Mn |
| Dec 31, 2011 | 195.22 Mn |
| Sep 30, 2011 | 240.42 Mn |
| Sep 30, 2011 | 240.42 Mn |
| Jun 30, 2011 | 156.56 Mn |
| Jun 30, 2011 | 156.56 Mn |
| Mar 31, 2011 | 167.65 Mn |
| Mar 31, 2011 | 167.65 Mn |
| Dec 31, 2010 | 145.59 Mn |
| Dec 31, 2010 | 145.59 Mn |
| Sep 30, 2010 | 161.20 Mn |
| Sep 30, 2010 | 161.20 Mn |
| Jun 30, 2010 | 104.86 Mn |
| Jun 30, 2010 | 104.86 Mn |
| Mar 31, 2010 | 121.78 Mn |
| Mar 31, 2010 | 121.78 Mn |
| Dec 31, 2009 | 108.37 Mn |
| Dec 31, 2009 | 108.37 Mn |
| Sep 30, 2009 | 136.23 Mn |
| Sep 30, 2009 | 136.23 Mn |
| Jun 30, 2009 | 90.92 Mn |
| Jun 30, 2009 | 90.92 Mn |