Filing Flows › Under Armour (UAA) › Q1 FY26
Under Armour (UAA) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 8, 2025
Under Armour (UAA) reported revenue of $1.1B for the first quarter fiscal 2026 (Q1 FY26), -4% from a year earlier and -4% from the quarter before. Operating margin was 0.3%, net loss $2.6M (0.2% of revenue).
Under Armour, Q1 FY26: revenue $1.1B (-4% year over year), operating margin 0.3%, net loss $2.6M, operating cash flow $48.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -4% | -4% |
| Operating profit | $3.3M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | $48.9M | — | -68% |
| Free cash flow | $13.5M | — | -87% |
What changed
Revenue was $1.1B in Q1 FY26, down 4% year over year and down 4% from the previous quarter. Apparel was the largest line at 66% of revenue. Footwear lost $0.04B year over year (down 14%), 90% of the total change.
Gross margin was 48.2%, up 0.7 points from a year earlier. Operating profit was $3.3M, a 0.3% margin (up 25.6 points year over year). Operating expenses fell 37% while revenue fell 4%. The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $0.07B loss. Net interest and other expense of $0.01B was the main reason.
Operating cash flow was $0.05B (down 68% year over year). Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.01B. Capital expenditures of $0.04B left free cash flow of $0.01B.
Questions
What was Under Armour's revenue in the first quarter fiscal 2026?
Under Armour (UAA) reported revenue of $1.1B for the first quarter fiscal 2026 (Q1 FY26), -4% from a year earlier and -4% from the quarter before.
Was Under Armour profitable in the first quarter fiscal 2026?
Operating profit was $3.3M (0.3% of revenue) and net loss $2.6M.
Source: Under Armour 10-Q on SEC EDGAR.