Filing Flows › Under Armour (UAA) › Q1 FY27 › vs Q4 FY26
Under Armour (UAA) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Under Armour's revenue fell $73.2M (-6%) from $1.2B in Q4 FY26 to $1.1B in Q1 FY27. Gross margin 54.1% against 42.0% (+12.1 pts).
Under Armour, Q1 FY27: revenue $1.1B (-3% year over year), operating margin 4.3%, net earnings $545K, operating cash flow $109M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 54.1% | 42.0% | +12.1 pts |
| Operating margin | 4.3% | -2.9% | +7.1 pts |
| Net margin | 0.0% | -3.7% | +3.8 pts |
| Free cash flow margin | 8.6% | -29.7% | +38.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | −$73.2M | -6% |
| Gross profit | $594M | $492M | $102M | +21% |
| Cost of revenue | $504M | $679M | −$175M | -26% |
| Operating profit | $46.7M | −$33.7M | $80.4M | — |
| Operating expenses | $547M | $526M | $21.4M | +4% |
| Pre-tax earnings | $28.9M | −$42.5M | $71.4M | — |
| Other expense, net | $17.9M | $8.8M | $9.1M | +103% |
| SG&A | $543M | $518M | $25.4M | +5% |
| Other operating costs | $4.0M | $8.0M | −$4.0M | -50% |
| Net earnings | $545K | −$43.4M | $43.9M | — |
| Income tax | $28.3M | $866K | $27.4M | 33× |
| Depreciation | $25.4M | $26.1M | −$670K | -3% |
| Share-based compensation | $11.3M | $9.8M | $1.5M | +15% |
| Working capital & other | $71.9M | −$325M | $397M | — |
| Operating cash flow | $109M | −$332M | $441M | — |
| Free cash flow (OCF − capex) | $94.5M | −$347M | $442M | — |
| Capital expenditures | $14.6M | $15.1M | −$507K | -3% |
Questions
How much did Under Armour's revenue grow quarter over quarter in Q1 FY27?
Under Armour's revenue fell $73.2M (-6%) from $1.2B in Q4 FY26 to $1.1B in Q1 FY27. Gross margin 54.1% against 42.0% (+12.1 pts).