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UA Financials Under Armour, Inc.

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 5.6% per year over the past 5 years.

Financial health

  • Total debt ($1.2B) exceeds cash ($309M); net debt is $881M.
  • Total debt has grown faster than revenue (12.4% vs -5.6% per year).
  • The company is unprofitable; at its current free-cash-flow burn it has roughly 1.9 years of cash runway.
Revenue & net income
-$549M $3B $6B $0 2011 2013 2015 2017 2019 2021 2024 2026
RevenueNet income
Margins (gross / operating / net)
-10% 19% 48% 0% 2011 2013 2015 2017 2019 2021 2024 2026
GrossOperatingNet
Free cash flow (CFO − capex)
-$284M $155M $595M $0 2011 2013 2015 2017 2019 2021 2024 2026
Free cash flow
Cash vs total debt
$0 $834M $2B 2011 2013 2015 2017 2019 2021 2024 2026
CashTotal debt
Cash flow: operating / investing / financing
-$847M -$93M $661M $0 2011 2013 2015 2017 2019 2021 2024 2026
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2026 $5.0B -$496M 45.5% -3.3% -$162M $1.2B $309M
2025 $5.2B -$201M 47.9% -3.6% -$228M $595M $501M
2024 $5.7B $232M 46.1% 4.0% $204M $676M $859M
2023 $5.9B $374M 44.8% 4.5% -$198M $674M $711M
2021 $351M $595M $663M $1.7B
2020 -$549M $121M $1.0B $1.5B
2019 $92M $363M $600M $788M
2018 -$46M $458M $736M $557M
2017 -$48M -$44M $801M $312M
2016 $257M $50M $828M $250M
2015 $233M -$284M $669M $130M
2014 $208M $79M $284M $593M
2013 $162M $32M $53M $347M
2012 $129M $149M $62M $342M
2011 $97M -$41M $78M $175M

Valuation over time

How the market has priced UA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 8.1 16.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.3 0.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is UA growing its revenue and profit?

Over the past 5 years, Under Armour, Inc.'s revenue has declined 5.6% per year. These are computed facts, not advice.

How much debt does UA have?

As of FY2026, Under Armour, Inc. reported $1.2B of total debt against $309M of cash.

What is UA's profit margin?

In FY2026, gross margin was 45.5%, operating margin -3.3%, and net margin -10.0%.

What is UA's P/E ratio?

As of Jun '26, Under Armour, Inc. traded at a price-to-earnings ratio of about 11.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.