Under Armour, Inc. (UA) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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UA Revenue Growth
Revenue Breakdown (FY 2025)
UA's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
UA Revenue Analysis (2014–2025)
As of May 8, 2026, Under Armour, Inc. (UA) generated trailing twelve-month (TTM) revenue of $4.98 billion, reflecting moderate decline in growth of -5.2% year-over-year. The most recent quarter (Q3 2026) recorded $1.33 billion in revenue, down 0.4% sequentially.
Looking at the longer-term picture, UA's 5-year compound annual growth rate (CAGR) stands at -0.4%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $5.90 billion in 2023.
Revenue diversification analysis shows UA's business is primarily driven by Apparel (67%), Footwear (23%), and Accessories (8%). With over half of revenue concentrated in Apparel, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including NKE (-5.0% YoY), COLM (+0.6% YoY), and PVH (-1.1% YoY), UA has underperformed the peer group in terms of revenue growth. Compare UA vs NKE →
UA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| $5.0B | -5.2% | -0.4% | -3.6% | ||
| $46.3B | -5.0% | +4.4% | 8.0% | ||
| $3.4B | +0.6% | +6.3% | 6.0% | ||
| $8.7B | -1.1% | -2.7% | 8.5% | ||
| $3.5B | -13.4% | -11.4% | 5.3% | ||
| $7.1B | +12.7% | +2.8% | 13.2% |
UA Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.16B | -9.4% | $2.47B | 47.9% | $-185,216,000 | -3.6% |
| 2024 | $5.70B | -3.4% | $2.63B | 46.1% | $229.8M | 4.0% |
| 2023 | $5.90B | +3.9% | $2.64B | 44.8% | $263.6M | 4.5% |
| 2022 | $5.68B | +0.0% | $2.86B | 50.3% | $486.3M | 8.6% |
| 2021 | $5.68B | +7.9% | $2.86B | 50.3% | $486.3M | 8.6% |
| 2020 | $5.27B | +1.4% | $2.47B | 46.9% | $236.8M | 4.5% |
| 2019 | $5.19B | +4.1% | $2.34B | 45.1% | $-25,017,000 | -0.5% |
| 2018 | $4.99B | +3.2% | $2.25B | 45.1% | $27.8M | 0.6% |
| 2017 | $4.83B | +22.0% | $2.25B | 46.5% | $417.5M | 8.6% |
| 2016 | $3.96B | +28.5% | $1.91B | 48.1% | $408.5M | 10.3% |
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Start ComparisonUA — Frequently Asked Questions
Quick answers to the most common questions about buying UA stock.
Is UA's revenue growth accelerating or slowing?
UA revenue declined -5.2% year-over-year, contrasting with the 5-year CAGR of -0.4%. TTM revenue fell to $5.0B. This reverses the prior growth trend.
What is UA's long-term revenue growth rate?
Under Armour, Inc.'s 5-year revenue CAGR of -0.4% reflects the variable expansion pattern. Current YoY growth of -5.2% is below this long-term average.
How is UA's revenue distributed by segment?
UA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.