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Growth Metrics

Under Armour (UAA) Operating Expenses (2016 - 2025)

Under Armour filings provide 17 years of Operating Expenses readings, the most recent being $664.5 million for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 4.21% to $664.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was $2.4 billion, a 8.25% decrease, with the full-year FY2025 number at $2.6 billion, up 8.39% from a year prior.
  • Operating Expenses hit $664.5 million in Q4 2025 for Under Armour, up from $581.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $837.3 million in Q2 2024 to a low of $514.6 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $599.3 million (2022), compared with a mean of $604.8 million.
  • Biggest five-year swings in Operating Expenses: surged 42.14% in 2024 and later tumbled 36.66% in 2025.
  • Under Armour's Operating Expenses stood at $675.7 million in 2021, then fell by 11.55% to $597.6 million in 2022, then rose by 0.27% to $599.2 million in 2023, then grew by 6.42% to $637.7 million in 2024, then rose by 4.21% to $664.5 million in 2025.
  • The last three reported values for Operating Expenses were $664.5 million (Q4 2025), $581.6 million (Q3 2025), and $530.3 million (Q2 2025) per Business Quant data.