UA Company Report

Analyst Coverage

Research analysts covering UA.

Recent press releases and 8-K filings for UA.

Under Armour Reports Q2 2026 Results and Announces CFO Transition

CFO Change

Earnings

Guidance Update

Under Armour announced a leadership transition, with Dave Bergman stepping down as CFO and Reza Taghavi joining as Executive Vice President and Chief Financial Officer in February 2026.
For Q2 fiscal 2026, revenue declined 5% to $1.3 billion, and adjusted diluted earnings per share was $0.04. The gross margin declined 250 basis points year-over-year to 47.3%, primarily due to higher US tariffs.
The company expects full-year fiscal 2026 revenue to decline 4-5% and adjusted diluted earnings per share to be in the range of $0.03-$0.05.
For Q3 fiscal 2026, revenue is projected to decline 6-7%, with an anticipated adjusted loss per share of $0.02-$0.03.

Nov 6, 2025, 1:30 PM

Under Armour Reports Q2 2026 Results and Announces CFO Transition

Earnings

CFO Change

Guidance Update

Under Armour reported a 5% decline in revenue to $1.3 billion for Q2 2026, with an adjusted diluted earnings per share of $0.04. Inventory decreased 6% year-over-year to $1 billion.
The company announced that CFO Dave Bergman will transition out of his role, with Reza Taghavi joining as the new Executive Vice President and Chief Financial Officer in February 2026.
For fiscal year 2026, Under Armour expects revenue to decline 4-5%, with adjusted operating income projected between $90 million and $105 million, and adjusted diluted earnings per share in the range of $0.03-$0.05.
Q3 2026 revenue is anticipated to decline 6-7%, leading to an expected adjusted operating income ranging from a $5 million profit to a $5 million loss, and an adjusted loss per share of $0.02-$0.03.
Under Armour is focused on a strategic transformation, aiming to stabilize North America revenue to a plus or minus one or two percent by the end of fiscal 2027 through product innovation, storytelling, and marketplace management.

Nov 6, 2025, 1:30 PM

Under Armour Reports Q3 2025 Results, Exceeding Revenue and Gross Margin Expectations

Earnings

Guidance Update

New Projects/Investments

Under Armour's Q3 2025 revenue declined 6% to $1.4 billion, surpassing the company's outlook of an approximately 10% decline.
Gross margin increased by 240 basis points year-over-year to 47.5%, driven by supply chain benefits and pricing improvements from reduced discounting and promotions.
The company has raised its full-year outlook and is focused on repositioning the brand by reducing promotions, enhancing product quality, and implementing disciplined marketplace management.
Under Armour is transitioning to a consumer-focused, category-managed operating model and plans to launch an improved product lineup in Fall/Winter 2025.
While North America revenue experienced an 8% decline due to strategic efforts to limit promotional activities, EMEA revenue increased by 5%, whereas APAC revenue fell by 5% and requires increased attention.