NYSE$UA

Under Armour · Q3 2026 earnings

Q3 2026 earnings · · Before market open · Investor relations

Briefing

Under Armour reported Q3 fiscal 2026 net revenues of $1.33B with a net loss of $0.31 per share.

Third-quarter net revenues were $1.33 billion, down 5% year over year, with a net loss of $430.8 million and diluted loss per share of $1.01. North America wholesale and DTC trends remained pressured while the company continues restructuring and brand reset initiatives.

  • Q3 net revenues $1.33B (-5% YoY).
  • Diluted loss per share $(1.01).
  • North America revenue declined on wholesale softness.
  • Inventory and promotional actions weighed on margins.

Headline financials

Total Revenue

$1.33B

Previous: $1.4B-5.2%
EPS (adj)

-$1.01

Previous: $0.08-1362.5%
Gross Margin

44.4%

Previous: 47.5%-6.5%
SG&A Expenses

$665M

No prior period
Capital Expenditures

-$72M

Previous: -$140M+48.5%
Net Income

-$431M

Previous: $1M-43182.7%
Operating Income

-$150M

Previous: $14M-1169.9%
Gross Profit

$590M

Previous: $665M-11.3%

Revenue & EPS history

Under Armour · Revenue · Quarterly

$1.33B

Q3 2026-5.2%vs Q3 2025
Beat estimate in 11 of 11 quarters(100%)
ActualEstimate

Revenue by segment

Under Armour · $1.57B total across 3 segments · Q2 2024

  • Apparel
    $1.1B+5.9%
  • Footwear
    $351M-6.6%
  • Accessories
    $114M+2.6%

Forward guidance

The filing outlines Under Armour's outlook, including operating priorities, capital allocation, and key risks, with specific numeric guidance where management provided it.

Tailwinds

  • Under Armour cites execution on growth initiatives and balance-sheet flexibility.
  • Management emphasizes capital returns and operational priorities in the filing.

Headwinds

  • GAAP profitability remained under pressure in Q3 2026.
  • Macro, pricing, and competitive pressure may affect margins.
  • One-time items and segment mix can affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

-0.5%

Avg return

Earnings day

-2.7%

Avg return

5 days after

-2.0%

Avg return

30 days after

54%

22 / 41 earnings

Positive

+24.6%

Q4 2015

Best reaction

-27.8%

Q1 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026———
Q4 2026-16.8%-15.0%-1.2%
Q3 2026+19.3%+9.8%+4.2%
Q2 2026-1.1%+0.7%-1.6%
Q4 2025+1.7%+7.8%+9.2%
Q3 2025-4.6%-10.3%-12.7%
Q2 2025+8.7%+6.8%+12.3%
Q1 2025+22.3%+24.7%+19.6%
Q4 2024-0.5%-0.6%-2.0%
Q3 2024+4.8%+3.2%+7.5%
Q2 2024+1.0%-1.8%+19.0%
Q1 2024+1.3%+1.3%-6.4%
Q4 2023-10.1%-10.6%-11.6%
Q3 2023-10.9%-12.4%-27.2%
Q2 2023+16.0%+12.5%+42.1%
Q1 2023+1.2%+5.6%-10.2%
Q1 2022-27.8%-30.9%-24.2%
Q4 2021-12.8%-12.7%-19.2%
Q3 2021+18.2%+12.1%+4.9%
Q2 2021+13.3%+16.9%+11.6%
Q1 2021+6.3%+1.8%-4.1%
Q4 2020+9.5%+7.4%+10.9%
Q3 2020+6.1%+6.1%+22.2%
Q2 2020-13.7%-7.3%-10.2%
Q1 2020-14.1%-22.7%+5.4%
Q4 2019-14.9%-14.9%-51.8%
Q3 2019-13.7%-16.0%-10.0%
Q2 2019-16.6%-21.3%-30.5%
Q1 2019+2.8%-0.9%+2.8%
Q4 2018+3.8%-0.6%+3.9%
Q3 2018+18.0%+27.4%+29.4%
Q2 2018-2.3%-5.1%-0.2%
Q1 2018+6.6%+2.5%+23.3%
Q4 2017+22.5%+19.7%+4.9%
Q3 2017-23.4%-28.2%-19.1%
Q2 2017-9.1%-8.3%-16.6%
Q1 2017+7.0%+3.3%-0.4%
Q4 2016-25.1%-27.5%-24.4%
Q3 2016-16.1%-21.2%-27.3%
Q2 2016-8.9%-7.9%-1.3%
Q1 2016+6.9%——
Q4 2015+24.6%——
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———
Q4 2011———
Q2 2011———
Q3 2011———
Q1 2011———
Q1 2010———
Q4 2010———
Q4 2008———
Q3 2009———
Q3 2010———
Q2 2010———
Q4 2009———
Q2 2009———

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