Under Armour (UA) Cost of Revenue (2009 - 2026)
Under Armour's (UA) quarterly Cost of Revenue came in at $504.1 million in Q2 2026, down 14.21% on a YoY basis from $587.6 million in Q2 2025, and down 25.77% quarter-over-quarter from $679.1 million in Q1 2026.
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Analysis
Under Armour (UA) Cost of Revenue (2009 - 2026) Analysis & Trends
Under Armour (UA) has reported Cost of Revenue for 18 consecutive years, with $504.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue fell 14.21% year-over-year to $504.1 million; the trailing twelve-month figure through Jun 2026 stood at $2.6 billion (down 1.21% YoY), and the FY2026 full-year result was $2.7 billion, up 0.67% from the prior year.
- Cost of Revenue eased to $504.1 million in Q2 2026 per UA's latest filing, from $679.1 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $1.6 billion in Q3 2022 and bottomed at $504.1 million in Q2 2026.
- Historically, Cost of Revenue has averaged $754.1 million across 5 years, with a median of $713.2 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue grew 9.64% in 2022, then plunged 48.18% in 2023.
- Over 5 years, Cost of Revenue stood at $1.6 billion in 2022, then sank by 48.36% to $815.4 million in 2023, then slipped by 9.75% to $735.9 million in 2024, then gained by 0.29% to $738.0 million in 2025, then sank by 31.7% to $504.1 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $504.1 million, $679.1 million, and $738.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.45 Bn | 9.06 Bn | 1.46 Bn | 953.75 Mn |
| 2 | Levi Strauss | 7.65 Bn | 6.67 Bn | 979.10 Mn | 582.90 Mn |
| 3 | Gildan Activewear | 7.18 Bn | 6.91 Bn | 459.76 Mn | 1.12 Bn |
| 4 | V F | 5.02 Bn | 4.35 Bn | 917.04 Mn | 752.34 Mn |
| 5 | Kontoor Brands | 3.63 Bn | 3.57 Bn | 328.26 Mn | 256.03 Mn |
| 6 | Pvh | 3.38 Bn | 2.42 Bn | 1.32 Bn | 775.20 Mn |
| 7 | Columbia Sportswear | 2.91 Bn | 2.29 Bn | 358.43 Mn | 255.93 Mn |
| 8 | Warby Parker | 2.78 Bn | 2.48 Bn | 136.46 Mn | 99.05 Mn |
| 9 | Figs | 2.06 Bn | 1.76 Bn | 147.86 Mn | 48.76 Mn |
| 10 | Under Armour | 2.04 Bn | 1.65 Bn | 593.83 Mn | 504.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 504.10 Mn |
| Mar 31, 2026 | 679.12 Mn |
| Dec 31, 2025 | 738.02 Mn |
| Sep 30, 2025 | 702.80 Mn |
| Jun 30, 2025 | 587.57 Mn |
| Mar 31, 2025 | 629.80 Mn |
| Dec 31, 2024 | 735.88 Mn |
| Sep 30, 2024 | 702.89 Mn |
| Jun 30, 2024 | 620.99 Mn |
| Mar 31, 2024 | 732.60 Mn |
| Dec 31, 2023 | 815.40 Mn |
| Sep 30, 2023 | 818.15 Mn |
| Jun 30, 2023 | 705.47 Mn |
| Mar 31, 2023 | 793.11 Mn |
| Sep 30, 2022 | 1.58 Bn |
| Jun 30, 2022 | 720.86 Mn |
| Dec 31, 2021 | 2.19 Bn |
| Sep 30, 2021 | 1.44 Bn |
| Jun 30, 2021 | 682.71 Mn |
| Mar 31, 2021 | 628.55 Mn |
API Access
Under Armour Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=UA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "UA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=UA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();