Under Armour (UA) Cost of Revenue (2009 - 2026)
Under Armour (UA) reported Cost of Revenue of $679.1 million for Q1 2026, up 7.83% on a YoY basis from $629.8 million in Q1 2025, and down 7.98% quarter-over-quarter from $738.0 million in Q4 2025.
Under Armour (UA) Cost of Revenue (2009 - 2026) Analysis & Trends
Under Armour has reported Cost of Revenue for 18 years, with the latest figure 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.
- The five-year high for Cost of Revenue was $860.8 million in Q3 2022, with the low at $587.6 million in Q2 2025.
- Historically, Cost of Revenue has averaged $722.9 million across 5 years, with a median of $720.9 million in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue advanced 13.65% — and 2024, when it declined 14.09%.
- Under Armour's Cost of Revenue stood at $860.8 million in 2022, then retreated by 5.27% 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 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 599.90 Mn |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | 664.20 Mn |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | 944.11 Mn |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 547.33 Mn |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 838.90 Mn |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 384.05 Mn |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | 679.12 Mn |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 29.49 Mn |
| 10 | G Iii Apparel | 1.45 Bn | 1.06 Bn | 347.75 Mn | 188.22 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 |