NYSE$UA

Under Armour · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Under Armour reported fiscal Q4 2025 net revenues of $1.18B with a net loss of $67.5M and diluted EPS of $(0.16).

Fourth quarter net revenues fell 11% to $1.18 billion as North America and international declined on planned promotional reductions and softer demand. Net loss was $67.5 million; diluted loss per share was $0.16. Adjusted metrics and inventory actions remain central to the brand reset.

  • Fiscal Q4 net revenues $1.18B (-11% YoY).
  • Net loss $67.5M; diluted EPS $(0.16).
  • Wholesale and DTC channels both declined.
  • FY26 outlook emphasizes margin recovery over promotional volume.

Headline financials

Total Revenue

$1.18B

Previous: $1.33B-11.4%
EPS (adj)

-$0.16

Previous: $0.11-245.5%
Gross Margin

46.7%

No prior period
SG&A Expenses

$607M

No prior period
Net Income

-$67.5M

Previous: $7M-1063.7%
Operating Income

-$72.1M

Previous: -$4M-1701.9%
Gross Profit

$551M

Previous: $600M-8.1%

Revenue & EPS history

Under Armour · Revenue · Quarterly

$1.18B

Q4 2025-11.4%vs Q4 2024
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

Consumer brand outlook focuses on promotional discipline, traffic, and margin recovery.

Tailwinds

  • Brand repositioning and cost actions can stabilize margins.
  • International mix and category innovation.

Headwinds

  • Soft wholesale and DTC traffic in key regions.
  • Inventory and promotional resets may pressure near-term sales.

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

-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
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 2010
Q1 2011
Q4 2010
Q4 2008
Q3 2009
Q3 2010
Q2 2009
Q4 2009
Q2 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro