Under Armour (UA) Operating Expenses (2009 - 2026)

Under Armour has reported Operating Expenses for 18 years, with the latest figure at $517.7 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 14.72% year-over-year to $517.7 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (down 11.83% YoY), and the FY2026 full-year result was $2.3 billion, down 11.83% from the prior year.
• Operating Expenses for Q1 2026 stood at $517.7 million, down from $664.5 million in the prior quarter.
• The five-year high for Operating Expenses was $837.3 million in Q2 2024, with the low at $517.7 million in Q1 2026.
• Historically, Operating Expenses has averaged $604.6 million across 5 years, with a median of $599.2 million in 2023.
• Annual changes were most pronounced in 2024 — Operating Expenses soared 42.14% — and 2025, when it tumbled 36.66%.
• Under Armour's Operating Expenses stood at $597.6 million in 2022, then grew by 0.27% to $599.2 million in 2023, then advanced by 6.42% to $637.7 million in 2024, then gained by 4.21% to $664.5 million in 2025, then retreated by 22.09% to $517.7 million in 2026.
• The last three Operating Expenses figures came in at $517.7 million (Q1 2026), $664.5 million (Q4 2025), and $581.6 million (Q3 2025), per Business Quant data.