Under Armour (UAA) Net Margin (2009 - 2026)
Under Armour (UAA) reported Net Margin of 3.7% for Q1 2026, up 205.0% on a YoY basis from 1.21% in Q1 2025, and up 88.59% quarter-over-quarter from 32.45% in Q4 2025.
Under Armour (UAA) Net Margin (2009 - 2026) Analysis & Trends
Under Armour has reported Net Margin for 18 years, with the latest figure 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.
- The five-year high for Net Margin was 12.49% in Q1 2023, with the low at 32.45% in Q4 2025.
- Historically, Net Margin has averaged 1.57% across 5 years, with a median of 0.28% in 2022.
- The largest YoY upside for Net Margin was 2555 bps in 2025 against a maximum downside of 3254 bps in 2025.
- Under Armour's Net Margin stood at 5.4% in 2022, then soared by 38 bps to 7.44% in 2023, then slumped by 99 bps to 0.09% in 2024, then sank by 36182 bps to 32.45% in 2025, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 7.66% |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | -0.07% |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | - |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 6.90% |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 4.35% |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 4.40% |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | -3.70% |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 3.91% |
| 10 | Under Armour | - | - | 492.04 Mn | -3.70% |
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% |