SuperworthUnder Armour profit margin UAA
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- −10.0%
- Operating margin, 12 months
- −2.4%
- Net margin on a year earlier
- −12.0 pts
- Peer median
- 6.3%
Over the twelve months to Jun 30, 2026, Under Armour kept −10.0% of its revenue as net profit, with an operating margin of −2.4% and a gross margin of 46.8%.
Five years earlier its net margin was 6.6%.
The median for 10 apparel manufacturers stocks of a similar size is 6.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | −10.0% | −3.3% | 45.5% |
| FY2025 | −3.9% | −3.6% | 47.9% |
| FY2024 | 4.1% | 4.0% | 46.1% |
| FY2023 | 6.3% | 4.5% | 44.8% |
| FY2021 | 6.3% | 8.6% | 50.3% |
| FY2020 | −12.3% | −13.7% | 48.3% |
| FY2019 | 1.7% | 4.5% | 46.9% |
| FY2018 | −0.9% | −0.5% | 45.1% |
| FY2017 | −1.0% | 0.6% | 45.1% |
| FY2016 | 5.3% | 8.7% | 46.4% |
| FY2015 | 5.9% | 10.3% | 48.1% |
| FY2014 | 6.7% | 11.5% | 49.0% |
| FY2013 | 7.0% | 11.4% | 48.7% |
| FY2012 | 7.0% | 11.4% | 47.9% |
| FY2011 | 6.6% | 11.1% | 48.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | −10.0% | −12.0 pts | −2.4% | |
| Q4 FY26 | −10.0% | −6.1 pts | −3.3% | |
| Q3 FY26 | −10.4% | −8.1 pts | −4.0% | |
| Q2 FY26 | −1.7% | −1.4 pts | −0.8% | |
| Q1 FY26 | 2.0% | +3.5 pts | 2.3% | |
| Q4 FY25 | −3.9% | −8.0 pts | −3.6% | |
| Q3 FY25 | −2.4% | −9.3 pts | −2.2% | |
| Q2 FY25 | −0.3% | −7.2 pts | −1.1% | |
| Q1 FY25 | −1.5% | −8.0 pts | −1.7% | |
| Q4 FY24 | 4.1% | −2.3 pts | 4.0% | |
| Q3 FY24 | 6.9% | +4.5 pts | 4.6% | |
| Q2 FY24 | 6.9% | +4.5 pts | 4.8% |
Against its peers
Companies in Apparel - Manufacturers nearest Under Armour's size, closest first, today.
| Company | Profit margin |
|---|---|
| UAAUnder Armour | −10.0% |
| COLMColumbia Sportswear | 6.0% |
| GIIIG III Apparel | 4.8% |
| FIGSFIGS | 8.7% |
| CRICarters | 6.5% |
| KTBKontoor Brands | 8.7% |
| VFCV F | 2.9% |
| LEVILevi Strauss | 8.8% |
| LULUlululemon athletica inc. | 12.8% |
| JILLJ.Jill | 4.6% |
| SGCSuperior Group of Companies | 1.4% |
| Peer median | 6.3% |
Where Under Armour ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Under Armour
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.