Under Armour (UA) Invested Capital (2009 - 2026)
Under Armour's (UA) quarterly Invested Capital came in at $2.0 billion in Q2 2026, down 41.7% on a YoY basis from $3.5 billion in Q2 2025, and down 36.99% quarter-over-quarter from $3.2 billion in Q1 2026.
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Analysis
Under Armour (UA) Invested Capital (2009 - 2026) Analysis & Trends
Under Armour (UA) has reported Invested Capital for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital fell 41.7% year-over-year to $2.0 billion; the trailing twelve-month figure through Jun 2026 stood at $2.0 billion (down 41.7% YoY), and the FY2026 full-year result was $3.2 billion, up 28.94% from the prior year.
- Invested Capital slipped to $2.0 billion in Q2 2026 per UA's latest filing, from $3.2 billion in the prior quarter.
- Across five years, Invested Capital topped out at $3.6 billion in Q3 2025 and bottomed at $2.0 billion in Q2 2026.
- Historically, Invested Capital has averaged $2.7 billion across 5 years, with a median of $2.6 billion in 2023.
- The sharpest annual moves came in 2025 and 2026: Invested Capital soared 43.59% in 2025, then slumped 41.7% in 2026.
- Over 5 years, Invested Capital stood at $2.5 billion in 2022, then rose by 15.36% to $2.9 billion in 2023, then decreased by 10.76% to $2.6 billion in 2024, then climbed by 17.23% to $3.0 billion in 2025, then slumped by 33.24% to $2.0 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $2.0 billion, $3.2 billion, and $3.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.45 Bn | 9.06 Bn | 1.46 Bn | - |
| 2 | Levi Strauss | 7.65 Bn | 6.67 Bn | 979.10 Mn | 3.32 Bn |
| 3 | Gildan Activewear | 7.18 Bn | 6.91 Bn | 459.76 Mn | 6.85 Bn |
| 4 | V F | 5.02 Bn | 4.35 Bn | 917.04 Mn | 5.28 Bn |
| 5 | Kontoor Brands | 3.63 Bn | 3.57 Bn | 328.26 Mn | 1.78 Bn |
| 6 | Pvh | 3.38 Bn | 2.42 Bn | 1.32 Bn | 7.05 Bn |
| 7 | Columbia Sportswear | 2.91 Bn | 2.29 Bn | 358.43 Mn | - |
| 8 | Warby Parker | 2.78 Bn | 2.48 Bn | 136.46 Mn | - |
| 9 | Figs | 2.06 Bn | 1.76 Bn | 147.86 Mn | - |
| 10 | Under Armour | 2.04 Bn | 1.65 Bn | 593.83 Mn | 2.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.02 Bn |
| Mar 31, 2026 | 3.20 Bn |
| Dec 31, 2025 | 3.02 Bn |
| Sep 30, 2025 | 3.64 Bn |
| Jun 30, 2025 | 3.46 Bn |
| Mar 31, 2025 | 2.49 Bn |
| Dec 31, 2024 | 2.58 Bn |
| Sep 30, 2024 | 2.58 Bn |
| Jun 30, 2024 | 2.41 Bn |
| Mar 31, 2024 | 2.91 Bn |
| Dec 31, 2023 | 2.89 Bn |
| Sep 30, 2023 | 2.81 Bn |
| Jun 30, 2023 | 2.73 Bn |
| Mar 31, 2023 | 2.64 Bn |
| Dec 31, 2022 | 2.51 Bn |
| Sep 30, 2022 | 2.49 Bn |
| Jun 30, 2022 | 2.40 Bn |
| Mar 31, 2022 | 2.38 Bn |
| Dec 31, 2021 | 2.74 Bn |
| Sep 30, 2021 | 2.64 Bn |
API Access
Under Armour Invested Capital 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=invested-capital&ticker=UA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=UA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();