UA

Under Armour, Inc.

Ticker: UAConsumer DiscretionaryApparel & Textiles
HQ BALTIMORE, MDCIK 1336917FY end 03-31Book / share $3.31Shares 432M
Revenue (FY)
$4.97B-3.83%
TTM $4.93B
Op. margin
-3.28%+0.30%
TTM -2.43%
Net income
$-495.64M-146.26%
TTM $-492.49M
Operating cash
$-75.09M-26.58%
TTM $-14.80M
Free cash flow
$-162.16M+28.88%
TTM $-81.12M
Return on equity
-35.04%-27.51%
TTM -34.49%
Debt / equity
0.84+0.53%
TTM 0.41
Shares outstanding
426.6M-1.31%
TTM 431.9M

The business

Under Armour, Inc. (NYSE: UAA) operates as a global developer, marketer and distributor of branded performance apparel, footwear and accessories designed for athletes and active consumers across all levels of competition. The company's website is located at https://about.underarmour.com/.

Founded in 1996, Under Armour designs and sells performance products engineered with technically advanced materials and proprietary technologies including HEATGEAR, COLDGEAR, UA Flow, and HOVR cushioning platforms. The company's product portfolio comprises apparel representing approximately 68 percent of net revenues, footwear at 22 percent, accessories at 8 percent, and licensing arrangements at 2 percent. Products span compression, fitted and loose fit categories for men, women and youth consumers.

The company operates through four geographic segments: North America, which generated approximately 58 percent of fiscal 2026 net revenues; Europe, the Middle East and Africa; Asia-Pacific; and Latin America, which combined represented approximately 43 percent of revenues. United States net revenues totaled 2.6 billion in fiscal 2026. Under Armour distributes products through wholesale channels including national and regional sporting goods retailers, department stores and independent specialty retailers, as well as direct-to-consumer channels comprising 443 Brand and Factory House stores globally and e-commerce platforms. Wholesale and direct-to-consumer channels represented 57 percent and 41 percent of net revenues respectively.

As of March 31, 2026, the company employed approximately 14,100 teammates worldwide, including approximately 10,100 in retail stores and 900 at distribution facilities. The company maintains strategic partnerships with professional, collegiate and youth sports organizations and athletes across multiple sports globally. Manufacturing operations are substantially outsourced to unaffiliated manufacturers, with apparel and accessories produced by 40 primary contract manufacturers across 17 countries and footwear produced by seven primary manufacturers primarily in Vietnam and Indonesia.

Under Armour's intellectual property portfolio includes registered trademarks such as the UA Logo and UNDER ARMOUR brand across major markets including the United States, Canada, Mexico, United Kingdom, European Union, Japan and China. The company competes in the performance athletic market against established brands including Nike, adidas and Puma, differentiating through brand positioning, product innovation and selective distribution strategies.

Sector
Consumer Discretionary
Industry
Apparel & Textiles
HQ
BALTIMORE, MD
FY end
03-31
CIK
1336917
SIC
2300
Financial performance · annual
20132026
$-1.19B$741.29M$2.68B$4.61B$6.55B2013201420152016201720182019202020212023202420252026TTMTTMTTM

Ownership

Who holds Under Armour, Inc. — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

219
funds hold it
1 of 36
superinvestors hold it
$620.00M
fund-held value
30.0%
of shares held by funds
2
bond issues held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.12%$108.45M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%$56.73M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%$40.78M
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
0.16%$27.52M
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.04%$26.00M

Superinvestors in Under Armour, Inc.

Prem WatsaINCREASED
Fairfax Financial Holdings
19.6%

Share of each manager's reported 13F portfolio.

By share class

ClassHeld by fundsFundsShares out
UAClass C Common Stock21.5%179206.3M
UAAClass A Common Stock30.0%198188.8M

Bonds held by funds

Funds report holding 2 issues of Under Armour, Inc.'s debt, $284.64M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.86%, maturing 20262030.

IssueCouponMaturesFundsFund-held
Under Armour Inc3.250%2026-06-1521$170.24M
Under Armour Inc7.250%2030-07-1587$114.40M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of Under Armour, Inc.'s financials

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