Under Armour (UA) Cost of Revenue (2009 - 2026)
Under Armour's (UA) quarterly Cost of Revenue came in at $679.1 million in Q1 2026, up 7.83% YoY 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) Cost of Revenue (2009 - 2026) Analysis & Trends
Under Armour (UA) has 18 years of Cost of Revenue data on file, last reported at $679.1 million in Q1 2026.
- Quarterly Cost of Revenue rose 7.83% year-over-year to $679.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.7 billion (up 0.67% YoY) and the FY2026 annual result came in at $2.7 billion, up 0.67% from the prior year.
- Cost of Revenue retreated to $679.1 million in Q1 2026, from $738.0 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $1.6 billion in Q3 2022 to a low of $587.6 million in Q2 2025.
- A 5-year average of $770.8 million and a median of $720.9 million in 2022 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue climbed 9.64% — and 2023, when it tumbled 48.18%.
- Tracing UA's Cost of Revenue over 5 years: stood at $1.6 billion in 2022, then tumbled by 48.36% to $815.4 million in 2023, then retreated by 9.75% to $735.9 million in 2024, then increased by 0.29% to $738.0 million in 2025, then fell 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 | 22.39 Bn | 20.45 Bn | 1.44 Bn | 515.60 Mn |
| 2 | Gildan Activewear | 10.46 Bn | 10.19 Bn | 459.76 Mn | 1.12 Bn |
| 3 | Levi Strauss | 8.33 Bn | 7.35 Bn | 979.10 Mn | 582.90 Mn |
| 4 | V F | 5.65 Bn | 4.98 Bn | 917.04 Mn | 752.34 Mn |
| 5 | Kontoor Brands | 4.50 Bn | 4.45 Bn | 328.26 Mn | 256.03 Mn |
| 6 | Ermenegildo Zegna | 3.61 Bn | 3.26 Bn | - | - |
| 7 | Pvh | 3.61 Bn | 3.02 Bn | 1.19 Bn | 838.90 Mn |
| 8 | Columbia Sportswear | 3.09 Bn | 2.46 Bn | 358.43 Mn | 255.93 Mn |
| 9 | Figs | 2.46 Bn | 2.16 Bn | 147.86 Mn | 48.76 Mn |
| 10 | Under Armour | 2.24 Bn | 1.85 Bn | 593.83 Mn | 504.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 504.10 Mn |
| Jun 30, 2026 | 504.10 Mn |
| 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 |