Under Armour Inc C (UA) financial statements

Consumer Cyclical · Apparel Manufacturing · Market cap $2.2B

Under Armour Inc C reported revenue of $5.0B in fiscal 2026, up 0.3% a year over 9 years.

Net income was -$496M and the operating margin -3.3%, against 8.6% in 2016.

Free cash flow was -$162M, and the company returned $25M in net buybacks.

The diluted share count fell 3% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions.

-202462016201720182019202020212023202420252026RevenueFree cash flow
Embed this chart

Free to use in articles and newsletters with the source line. Paste this HTML:

Income statement

Fiscal years, from Under Armour Inc C's 10-K filings with the SEC.

Fiscal year2016201720182019202020212023202420252026
Revenue$4.8B$5.0B$5.2B$5.3B$4.5B$5.7B$5.9B$5.7B$5.2B$5.0B
Cost of revenue$2.6B$2.7B$2.9B$2.8B$2.3B$2.8B$3.3B$3.1B$2.7B$2.7B
Gross profit$2.2B$2.3B$2.3B$2.5B$2.2B$2.9B$2.6B$2.6B$2.5B$2.3B
Selling, general and admin$1.8B$2.1B$2.2B$2.2B$2.2B$2.3B$2.4B$2.4B$2.6B$2.3B
Operating income$417M$28M-$25M$237M-$613M$475M$264M$230M-$185M-$163M
Interest expense—————$46M$24M$23M$25M$53M
Pre-tax income$388M-$10M-$68M$210M-$493M$380M$268M$262M-$205M-$201M
Income tax$131M$38M-$21M$70M$49M$30M-$109M$30M-$3M$295M
Net income$257M-$48M-$46M$92M-$549M$351M$374M$232M-$201M-$496M
EPS (diluted)—-$0.11-$0.10$0.20-$1.21$0.75$0.81$0.52-$0.47-$1.16
Diluted shares—441M446M454M454M469M462M451M432M427M
Gross margin46.5%45.1%45.1%46.9%48.3%50.3%44.8%46.1%47.9%45.5%
Operating margin8.6%0.6%-0.5%4.5%-13.7%8.4%4.5%4.0%-3.6%-3.3%
Net margin5.3%-1.0%-0.9%1.7%-12.3%6.2%6.3%4.1%-3.9%-10.0%

Balance sheet

Fiscal years, from Under Armour Inc C's 10-K filings with the SEC.

Fiscal year2016201720182019202020212023202420252026
Cash and short-term investments$250M$312M$557M$788M$1.5B$1.7B$711M$859M$501M$309M
Receivables$623M$610M$653M$709M$527M$569M$759M$757M$676M$682M
Inventory$917M$1.2B$1.0B$892M$896M$811M$1.2B$958M$946M$915M
Total current assets$2.0B$2.3B$2.6B$2.7B$3.2B$3.3B$2.9B$2.9B$2.3B$2.7B
Property, plant and equipment$804M$886M$827M$792M$659M$607M$645M$665M$645M$599M
Goodwill$564M$556M$546M$550M$502M$495M$482M$478M$488M$493M
Total assets$3.6B$4.0B$4.2B$4.8B$5.0B$5.0B$4.8B$4.8B$4.3B$4.4B
Total current liabilities$686M$1.1B$1.3B$1.4B$1.4B$1.5B$1.4B$1.2B$1.1B$1.7B
Long-term debt$790M$765M$704M$593M$1.0B$663M$674M$595M$595M$591M
Total liabilities$1.6B$2.0B$2.2B$2.7B$3.4B$2.9B$2.9B$2.6B$2.4B$3.0B
Shareholders' equity$2.0B$2.0B$2.0B$2.2B$1.7B$2.1B$2.0B$2.2B$1.9B$1.4B
Net debt$567M$480M$171M-$195M-$514M-$1.0B-$36M-$183M$94M$881M

Cash flow

Fiscal years, from Under Armour Inc C's 10-K filings with the SEC.

Fiscal year2016201720182019202020212023202420252026
Operating cash flow$367M$237M$628M$509M$213M$661M-$40M$354M-$59M-$75M
Capital spending$316M$281M$170M$146M$92M$66M$158M$150M$169M$87M
Free cash flow$50M-$44M$458M$363M$121M$595M-$198M$204M-$228M-$162M
Stock-based compensation$46M$40M$42M$50M$42M$44M$37M$43M$53M$46M
Dividends paid$3M$0$0———————
Share buybacks (net)————$0$0-$125M-$75M-$90M-$25M
Net borrowing$157M$98M-$190M-$138M$489M-$506M$0$0-$81M$600M
Free cash flow margin1.0%-0.9%8.8%6.9%2.7%10.5%-3.4%3.6%-4.4%-3.3%
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for UA.
Open UA in Investingly

Questions

What was Under Armour Inc C's revenue in 2026?

$5.0B in fiscal 2026, from its 10-K filing.

How much free cash flow does Under Armour Inc C generate?

-$162M in fiscal 2026 (operating cash flow minus capital spending).

From Under Armour Inc C's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.