Filing Flows › Under Armour (UAA) › Q1 FY27
Under Armour (UAA) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 7, 2026
Under Armour (UAA) reported revenue of $1.1B for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and -6% from the quarter before. Operating margin was 4.3%, net earnings $545K (0.0% of revenue).
Under Armour, Q1 FY27: revenue $1.1B (-3% year over year), operating margin 4.3%, net earnings $545K, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -6% | -3% |
| Gross profit | $594M | +21% | +9% |
| Operating profit | $46.7M | — | 14× |
| Net earnings | $545K | — | — |
| Operating cash flow | $109M | — | +123% |
| Free cash flow | $94.5M | — | +601% |
What changed
Revenue was $1.1B in Q1 FY27, down 3% year over year and down 6% from the previous quarter. Apparel was the largest line at 67% of revenue. Footwear lost $0.02B year over year (down 8%), 57% of the total change.
Gross margin was 54.1%, up 5.9 points from Q1 FY26. Operating profit was $0.05B, a 4.3% margin (up 4.0 points year over year). Operating expenses grew 1% against a revenue fall of 3%. Net earnings were $545K. The effective tax rate was 98.1%.
Operating cash flow was $0.11B (up 123% year over year), 20025% of net earnings. Non-cash charges added back $0.03B of depreciation and $0.01B of share-based compensation. Working capital and other items added $0.07B. Capital expenditures of $0.01B left free cash flow of $0.09B.
Questions
What was Under Armour's revenue in the first quarter fiscal 2027?
Under Armour (UAA) reported revenue of $1.1B for the first quarter fiscal 2027 (Q1 FY27), -3% from a year earlier and -6% from the quarter before.
Was Under Armour profitable in the first quarter fiscal 2027?
Operating profit was $46.7M (4.3% of revenue) and net earnings $545K.
Source: Under Armour 10-Q on SEC EDGAR.