Under Armour (UA) Gross Margin (2009 - 2026)
Under Armour's Gross Margin came in at 54.09% for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 5.90 percentage points from 48.19% a year earlier and up 12.07 percentage points from the prior quarter.
Under Armour (UA) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Under Armour reported Gross Margin of 46.78%, down 1.29 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 45.48%, down 2.44 percentage points from FY2025.
- Gross Margin carries a five-year change of -4.86 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 47.92% in FY2025 (+1.79 pp), 46.13% in FY2024 (+1.34 pp), 44.79% in FY2023 and 45.34% in FY2022 (-5.00 pp).
- The fiscal Q1 2027 figure represents the highest quarterly Gross Margin in data going back to fiscal Q2 2023.
- Year-over-year, Gross Margin increased in five of the last eight quarters, with an average year-over-year change of +0.29 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q1 2027 (a gain of 5.90 percentage points), and the weakest in fiscal Q4 2026 (a drop of 4.64 percentage points).
- Business Quant data shows UA's Gross Margin at 42.01% (Q4 2026), 44.42% (Q3 2026) and 47.29% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.09% |
| Mar 31, 2026 | 42.01% |
| Dec 31, 2025 | 44.42% |
| Sep 30, 2025 | 47.29% |
| Jun 30, 2025 | 48.19% |
| Mar 31, 2025 | 46.65% |
| Dec 31, 2024 | 47.48% |
| Sep 30, 2024 | 49.76% |
| Jun 30, 2024 | 47.54% |
| Mar 31, 2024 | 45.01% |
| Dec 31, 2023 | 45.13% |
| Sep 30, 2023 | 47.78% |
| Jun 30, 2023 | 46.43% |
| Mar 31, 2023 | 43.29% |
| Dec 31, 2022 | 44.07% |
| Sep 30, 2022 | 45.32% |
| Jun 30, 2022 | 46.55% |
| Dec 31, 2021 | 50.74% |
| Sep 30, 2021 | 50.99% |
| Jun 30, 2021 | 49.49% |
Under Armour Gross Margin 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=gross-margin&ticker=UA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=UA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();