Under Armour UA Revenue Breakdown

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As of: Sep 21, 2026 · 3:59 PM EDT
Annual revenue breakdowns for Under Armour, fiscal 2009 to 2026, as reported in its filings.
Annual history

Under Armour Revenue by Geography

Years FY 2021–2026
Lines 4
FY 2026 Total $9.99B

North America was Under Armour’s largest region in fiscal 2026, bringing in $5.72B of $9.99B (57%).

Under Armour revenue by geography, fiscal 2021 to 2026
Geography FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
North America $7.64B $7.01B $6.21B $5.72B
Emea $1.99B $2.16B $2.17B $2.36B
Asia-Pacific $1.65B $1.75B $1.51B $1.44B
Latin America $426.43M $458.96M $430.85M $468.38M
Total $11.70B $11.38B $10.33B $9.99B

Under Armour revenue by geography: what the figures show

Under Armour brought in $9.99B from its four regions in fiscal 2026, the year ended March 31, 2026. That was down 3.3% from $10.33B in fiscal 2025. North America was the largest at $5.72B (57.3%), ahead of Emea at $2.36B (23.6%) and Asia-Pacific at $1.44B (14.4%). The remaining region, Latin America, brought in $468.38M.

Compared with fiscal 2025, Latin America grew fastest, up 8.7% to $468.38M, while North America fell the most, down 7.9% to $5.72B. From fiscal 2023 to 2026, combined revenue from these regions fell from $11.70B to $9.99B, a compound annual decline of 5.2%. North America's share of the total fell from 65.3% to 57.3%.

Annual history

Under Armour Revenue by Revision of Prior Period

Years FY 2021–2023
Lines 2
FY 2023 Total $2.97B

As Previously Reported was Under Armour’s largest revenue line in fiscal 2023, bringing in $2.97B of $2.97B (100%).

Under Armour revenue by revision of prior period, fiscal 2021 to 2023
Revision of Prior Period FY 2021 FY 2022 FY 2022 FY 2022 FY 2022 FY 2023 FY 2023 FY 2023
As Previously Reported $11.37B $2.60B $2.70B $3.15B $3.16B $2.63B $3.13B $2.97B
Adjustments -$1.75M -$304.00K -$560.00K $822.00K -$588.00K -$94.00K -$72.00K -$104.00K
Total $11.37B $2.60B $2.70B $3.15B $3.16B $2.63B $3.13B $2.97B

Under Armour revenue by revision of prior period: what the figures show

Under Armour brought in $2.97B from its two revenue lines in fiscal 2023, the year ended December 31, 2023. That was down 5.1% from $3.13B in fiscal 2023. As Previously Reported was the largest at $2.97B (100.0%).

From fiscal 2021 to 2023, combined revenue from these revenue lines fell from $11.37B to $2.97B, a compound annual decline of 48.9%. As Previously Reported's share held steady at about 100.0%.

The total is net of Adjustments, which took $104.00K off revenue in fiscal 2023.

Annual history

Under Armour Revenue by Products & Services

Years FY 2009–2012
Lines 3
FY 2012 Total $3.58B

Apparel was Under Armour’s largest revenue line in fiscal 2012, bringing in $2.77B of $3.58B (77%).

Under Armour revenue by products and services, fiscal 2009 to 2012
Products and Services FY 2009 FY 2011 FY 2012
Apparel $1.30B $2.24B $2.77B
Footwear $272.45M $363.37M $477.91M
Accessories $70.15M $264.80M $331.67M
Total $1.65B $2.87B $3.58B

Under Armour revenue by products and services: what the figures show

Under Armour brought in $3.58B from its three revenue lines in fiscal 2012, the year ended December 31, 2012. That was up 24.7% from $2.87B in fiscal 2011. Apparel was the largest at $2.77B (77.4%), ahead of Footwear at $477.91M (13.3%) and Accessories at $331.67M (9.3%).

Compared with fiscal 2011, Footwear grew fastest, up 31.5% to $477.91M. Every revenue line above 2% of revenue grew. From fiscal 2009 to 2012, combined revenue from these revenue lines grew from $1.65B to $3.58B, a compound annual growth rate of 29.6%. Apparel's share of the total fell from 79.2% to 77.4%.

Questions

Under Armour Revenue Breakdown FAQ

How does Under Armour make money?

Under Armour (UA) reports its revenue by geography, by revision of prior period and by products and services. In fiscal 2026, North America was its largest region, bringing in $5.72B (57.3% of the total), followed by Emea at $2.36B (23.6%).

What is Under Armour's largest region?

North America was Under Armour's largest region in fiscal 2026, bringing in $5.72B, or 57.3% of the $9.99B total across its four regions.

What is Under Armour's largest revenue line?

As Previously Reported was Under Armour's largest revenue line in fiscal 2023, bringing in $2.97B, or 100.0% of the $2.97B total across its two revenue lines.

Which Under Armour region is growing the fastest?

Among Under Armour's regions that make up at least 2% of revenue, Latin America grew fastest in fiscal 2026, up 8.7% from $430.85M to $468.38M.

Where does this revenue breakdown data come from?

Every figure comes from Under Armour's annual financial filings, as reported. Each line keeps the name Under Armour gives it, and years follow its fiscal calendar.

How far back does Under Armour's revenue breakdown go?

Under Armour's revenue by geography goes back to fiscal 2021, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.