Under Armour (UAA) Operating Expenses (2009 - 2026)
Under Armour's Operating Expenses came in at $547.09 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), up 0.7% from $543.17 million a year earlier and up 4.1% from the prior quarter.
Under Armour (UAA) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Under Armour reported Operating Expenses of $2.43 billion, up 3.6% year-over-year; for FY2026 (ended Mar 31, 2026), it was $2.42 billion, down 8.9% from FY2025.
- Operating Expenses carries a five-year compound annual growth rate of 0.3% (FY2021 to FY2026).
- Going back by fiscal year, Operating Expenses was $2.66 billion in FY2025 (+10.8%), $2.4 billion in FY2024 (+0.9%), $2.38 billion in FY2023 and $1.79 billion in FY2022 (-24.8%).
- The five-year range for quarterly Operating Expenses is $523.05 million (fiscal Q2 2025) to $1.19 billion (fiscal Q3 2023).
- Year-over-year, Operating Expenses increased in five of the last eight quarters, with an average decline of 2.9%.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q1 2025 (growth of 46.4%), and the weakest in fiscal Q1 2026 (a decline of 37.0%).
- Business Quant data shows UAA's Operating Expenses at $525.74 million (Q4 2026), $739.52 million (Q3 2026) and $613.54 million (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 53.94 Bn | 19.93 Bn | 5.39 Bn | 4.08 Bn |
| 2 | Tapestry | 22.74 Bn | 18.69 Bn | 1.56 Bn | 1.12 Bn |
| 3 | Ralph Lauren | 21.47 Bn | 13.57 Bn | 1.44 Bn | 1.10 Bn |
| 4 | Deckers Outdoor | 11.15 Bn | 4.02 Bn | - | - |
| 5 | Lululemon Athletica | 10.72 Bn | 4.97 Bn | 1.46 Bn | 1.01 Bn |
| 6 | Levi Strauss | 7.64 Bn | 4.29 Bn | 979.10 Mn | 856.90 Mn |
| 7 | Gildan Activewear | 6.52 Bn | 5.51 Bn | 459.76 Mn | 283.86 Mn |
| 8 | Birkenstock Holding | 6.06 Bn | 4.37 Bn | 493.89 Mn | -37.80 Mn |
| 9 | Crocs | 5.89 Bn | 5.30 Bn | 700.71 Mn | 415.03 Mn |
| 10 | Under Armour | 1.83 Bn | -1.54 Bn | 593.83 Mn | 547.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 547.09 Mn |
| Mar 31, 2026 | 525.74 Mn |
| Dec 31, 2025 | 739.52 Mn |
| Sep 30, 2025 | 613.54 Mn |
| Jun 30, 2025 | 543.17 Mn |
| Mar 31, 2025 | 622.86 Mn |
| Dec 31, 2024 | 651.65 Mn |
| Sep 30, 2024 | 523.05 Mn |
| Jun 30, 2024 | 862.40 Mn |
| Mar 31, 2024 | 603.15 Mn |
| Dec 31, 2023 | 599.23 Mn |
| Sep 30, 2023 | 609.05 Mn |
| Jun 30, 2023 | 589.07 Mn |
| Mar 31, 2023 | 575.93 Mn |
| Dec 31, 2022 | 607.43 Mn |
| Sep 30, 2022 | 597.60 Mn |
| Jun 30, 2022 | 599.29 Mn |
| Dec 31, 2021 | 689.80 Mn |
| Sep 30, 2021 | 616.04 Mn |
| Jun 30, 2021 | 547.62 Mn |
Under Armour Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=UAA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "UAA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=UAA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();