Under Armour (UA) Net Margin (2009 - 2026)
Under Armour's (UA) quarterly Net Margin came in at 0.07% in Q2 2026, up 31.0% on a YoY basis from 0.05% in Q2 2025, and up 101.88% quarter-over-quarter from 3.71% in Q1 2026.
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Under Armour (UA) Net Margin (2009 - 2026) Analysis & Trends
Under Armour (UA) has reported Net Margin for 18 consecutive years, with 0.07% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 31.0% year-over-year to 0.07%; the trailing twelve-month figure through Jun 2026 stood at 9.98% (down 1195.0% YoY), and the FY2026 full-year result was 9.98%, down 607.0% from the prior year.
- Net Margin climbed to 0.07% in Q2 2026 per UA's latest filing, from 3.71% in the prior quarter.
- Across five years, Net Margin topped out at 12.49% in Q1 2023 and bottomed at 32.45% in Q4 2025.
- Historically, Net Margin has averaged 1.6% across 5 years, with a median of 0.18% in 2024.
- The widest YoY moves for Net Margin: up 2555 bps in 2025, down 3254 bps in 2025.
- Over 5 years, Net Margin stood at 3.3% in 2022, then soared by 126 bps to 7.44% in 2023, then plunged by 99 bps to 0.09% in 2024, then tumbled by 36182 bps to 32.45% in 2025, then jumped by 100 bps to 0.07% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 0.07%, 3.71%, and 32.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.72 Bn | 9.33 Bn | 1.46 Bn | 13.63% |
| 2 | Gildan Activewear | 8.17 Bn | 7.91 Bn | 459.76 Mn | 5.71% |
| 3 | Levi Strauss | 8.13 Bn | 7.15 Bn | 979.10 Mn | 5.59% |
| 4 | V F | 5.28 Bn | 4.61 Bn | 917.04 Mn | -5.82% |
| 5 | Kontoor Brands | 4.02 Bn | 3.96 Bn | 328.26 Mn | 10.65% |
| 6 | Pvh | 3.43 Bn | 2.46 Bn | 1.32 Bn | -4.91% |
| 7 | Warby Parker | 3.00 Bn | 2.71 Bn | 136.46 Mn | 1.97% |
| 8 | Columbia Sportswear | 2.95 Bn | 2.33 Bn | 358.43 Mn | 4.32% |
| 9 | Figs | 2.27 Bn | 1.97 Bn | 147.86 Mn | 14.43% |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 0.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.07% |
| Mar 31, 2026 | -3.71% |
| Dec 31, 2025 | -32.45% |
| Sep 30, 2025 | -1.38% |
| Jun 30, 2025 | -0.24% |
| Mar 31, 2025 | -5.75% |
| Dec 31, 2024 | 0.09% |
| Sep 30, 2024 | 12.15% |
| Jun 30, 2024 | -25.79% |
| Mar 31, 2024 | 0.49% |
| Dec 31, 2023 | 7.44% |
| Sep 30, 2023 | 6.67% |
| Jun 30, 2023 | 0.79% |
| Mar 31, 2023 | 12.49% |
| Sep 30, 2022 | 3.30% |
| Jun 30, 2022 | 0.28% |
| Dec 31, 2021 | 6.40% |
| Sep 30, 2021 | 6.00% |
| Jun 30, 2021 | 4.39% |
| Mar 31, 2021 | 6.02% |