Under Armour (UA) Operating Leases (2019 - 2026)
Under Armour (UA) reported Operating Leases of $749.2 million for Q1 2026, up 30.46% on a YoY basis from $574.3 million in Q1 2025, and up 7.21% quarter-over-quarter from $698.8 million in Q4 2025.
Under Armour (UA) Operating Leases (2019 - 2026) Analysis & Trends
Under Armour has reported Operating Leases for 8 years, with the latest figure at $749.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 30.46% year-over-year to $749.2 million; the trailing twelve-month figure through Mar 2026 stood at $749.2 million (up 30.46% YoY), and the FY2026 full-year result was $749.2 million, up 30.46% from the prior year.
- Operating Leases for Q1 2026 stood at $749.2 million, up from $698.8 million in the prior quarter.
- The five-year high for Operating Leases was $817.0 million in Q2 2023, with the low at $557.9 million in Q2 2025.
- Historically, Operating Leases has averaged $687.5 million across 5 years, with a median of $705.0 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Leases dropped 25.04% — and 2026, when it surged 30.46%.
- Under Armour's Operating Leases stood at $707.9 million in 2022, then fell by 7.58% to $654.2 million in 2023, then fell by 11.04% to $582.0 million in 2024, then gained by 20.06% to $698.8 million in 2025, then rose by 7.21% to $749.2 million in 2026.
- The last three Operating Leases figures came in at $749.2 million (Q1 2026), $698.8 million (Q4 2025), and $710.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn |
| 10 | G Iii Apparel | 1.45 Bn | 1.06 Bn | 347.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 749.19 Mn |
| Dec 31, 2025 | 698.79 Mn |
| Sep 30, 2025 | 710.56 Mn |
| Jun 30, 2025 | 557.87 Mn |
| Mar 31, 2025 | 574.28 Mn |
| Dec 31, 2024 | 582.02 Mn |
| Sep 30, 2024 | 737.19 Mn |
| Jun 30, 2024 | 612.42 Mn |
| Mar 31, 2024 | 627.67 Mn |
| Dec 31, 2023 | 654.22 Mn |
| Sep 30, 2023 | 796.16 Mn |
| Jun 30, 2023 | 817.00 Mn |
| Mar 31, 2023 | 705.71 Mn |
| Dec 31, 2022 | 707.91 Mn |
| Sep 30, 2022 | 705.03 Mn |
| Jun 30, 2022 | 782.27 Mn |
| Mar 31, 2022 | 668.98 Mn |
| Dec 31, 2021 | 703.11 Mn |
| Sep 30, 2021 | 870.64 Mn |
| Jun 30, 2021 | 757.54 Mn |