Under Armour (UA) Net Margin (2009 - 2026)
Under Armour posted quarterly Net Margin of 3.7% for Q1 2026, up 205.0% year-on-year from 1.21% in Q1 2025, and up 88.59% on a QoQ basis from 32.45% in Q4 2025.
Under Armour (UA) has 18 years of Net Margin data on file, last reported at 3.7% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 205.0% year-over-year to 3.7%; the trailing twelve-month figure through Mar 2026 stood at 9.98% (down 607.0% YoY), and the FY2026 full-year result was 9.98%, down 607.0% from the prior year.
- Net Margin for Q1 2026 stood at 3.7%, up from 32.45% 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.
- The 5-year median for Net Margin is 0.28% (2022), against an average of 1.57%.
- Peak annual rise in Net Margin reached 2555 bps in 2025, while the deepest fall reached 3254 bps in 2025.
- A 5-year view of Net Margin shows it stood at 5.4% in 2022, then jumped by 38 bps to 7.44% in 2023, then sank by 99 bps to 0.09% in 2024, then plunged by 36182 bps to 32.45% in 2025, then soared by 89 bps to 3.7% in 2026.
- The last three Net Margin figures came in at 3.7% (Q1 2026), 32.45% (Q4 2025), and 1.38% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.42 Bn | 20.35 Bn | 1.38 Bn | 7.66% |
| 2 | Levi Strauss | 9.03 Bn | 8.22 Bn | 1.08 Bn | -0.07% |
| 3 | V F | 6.53 Bn | 6.32 Bn | 1.22 Bn | - |
| 4 | Pvh | 4.49 Bn | 3.79 Bn | 1.44 Bn | -6.32% |
| 5 | Kontoor Brands | 3.96 Bn | 3.85 Bn | 470.76 Mn | 6.90% |
| 6 | Columbia Sportswear | 3.46 Bn | 2.93 Bn | 394.96 Mn | 4.40% |
| 7 | Under Armour | 2.29 Bn | 1.38 Bn | 492.04 Mn | -3.70% |
| 8 | Figs | 1.95 Bn | 1.68 Bn | 108.30 Mn | 3.91% |
| 9 | G Iii Apparel | 1.38 Bn | 969.37 Mn | 285.48 Mn | -2.11% |
| 10 | Canada Goose Holdings | 710.16 Mn | 412.34 Mn | -268.86 Mn | 24.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.70% |
| 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 | 5.40% |
| Jun 30, 2022 | 0.28% |
| Dec 31, 2021 | 7.15% |
| Sep 30, 2021 | 7.40% |
| Jun 30, 2021 | 4.39% |
| Mar 31, 2021 | 6.02% |
| Dec 31, 2020 | 13.16% |
| Sep 30, 2020 | 2.80% |
| Jun 30, 2020 | -25.82% |
| Mar 31, 2020 | -62.80% |
| Dec 31, 2019 | 1.87% |
| Sep 30, 2019 | 7.24% |
| Jun 30, 2019 | -1.08% |
| Mar 31, 2019 | 1.84% |
| Dec 31, 2018 | 0.27% |
| Sep 30, 2018 | 5.17% |
| Jun 30, 2018 | -8.12% |
| Mar 31, 2018 | -2.55% |
| Dec 31, 2017 | -6.42% |
| Sep 30, 2017 | 3.85% |
| Jun 30, 2017 | -1.13% |
| Mar 31, 2017 | -0.20% |
| Dec 31, 2016 | 7.91% |
| Sep 30, 2016 | 8.71% |
| Jun 30, 2016 | 0.63% |
| Mar 31, 2016 | 1.83% |
| Dec 31, 2015 | 9.02% |
| Sep 30, 2015 | 8.34% |
| Jun 30, 2015 | 1.88% |
| Mar 31, 2015 | 1.46% |
| Dec 31, 2014 | 9.80% |
| Sep 30, 2014 | 9.50% |
| Jun 30, 2014 | 2.90% |
| Mar 31, 2014 | 2.11% |
| Dec 31, 2013 | 9.40% |
| Sep 30, 2013 | 10.06% |
| Jun 30, 2013 | 3.86% |
| Mar 31, 2013 | 1.66% |
| Dec 31, 2012 | 9.91% |
| Sep 30, 2012 | 9.96% |
| Jun 30, 2012 | 1.80% |
| Mar 31, 2012 | 3.81% |
| Dec 31, 2011 | 8.07% |
| Sep 30, 2011 | 9.88% |
| Jun 30, 2011 | 2.14% |
| Mar 31, 2011 | 3.88% |
| Dec 31, 2010 | 7.62% |
| Sep 30, 2010 | 10.61% |
| Jun 30, 2010 | 1.71% |
| Mar 31, 2010 | 3.13% |
| Dec 31, 2009 | 6.45% |
| Sep 30, 2009 | 9.71% |
| Jun 30, 2009 | 0.87% |