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Under Armour (UAA)
NYSE:UAA
US Market

Under Armour (UAA) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
May 20, 2026
Before Open (Confirmed)
Period Ending
2026 (Q4)
Consensus EPS Forecast
-0.02
Last Year’s EPS
-0.08
Same Quarter Last Year
Based on 17 Analysts Ratings

Earnings Call Summary

Q3 2026
Earnings Call Date:Feb 06, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call communicated tangible operational progress—inventory and SKU simplification, improved product momentum in key franchises, adjusted results that beat expectations, and a modestly improved full-year outlook—offset by continued material headwinds: GAAP losses driven by large nonrecurring charges (litigation reserve, restructuring, and a tax valuation allowance), gross margin pressure from tariffs and promotions, and pronounced footwear and North America top-line weakness. Management emphasized stabilization, a clearer operating model, and confidence in execution while acknowledging work remains.
Company Guidance
Under Armour updated fiscal 2026 guidance and key Q3 metrics: full‑year revenue is now expected to decline ~4% (vs prior ‑4% to ‑5%), with North America down ~8%, APAC down ~6% and EMEA up ~9%; Q3 revenue fell 5% to $1.3B. Full‑year gross margin is expected to decline ~190 bps (Q3 GM was 44.4%, down 310 bps YoY) driven by ~180 bps of supply‑chain headwinds (including ~200 bps from higher U.S. tariffs), ~140 bps of pricing/promotional pressure and ~40 bps of unfavorable mix, partially offset by +30 bps FX and +20 bps product mix. Adjusted SG&A is expected to decline mid‑single digits (Q3 SG&A $665M, +4%; adjusted SG&A $563M, ‑7%); Q3 included a $99M litigation reserve and ~$78M of restructuring/transformation charges ($75M restructuring + $3M transformation). Adjusted operating income is expected at the top end of the $95M–$110M range (~$110M) with adjusted diluted EPS $0.10–$0.11; Q3 adjusted operating income was $26M and adjusted diluted EPS $0.09 (reported operating loss $150M, reported diluted loss per share $1.01, including a $247M non‑cash valuation allowance). Balance sheet metrics: inventory down 2% to just over $1.0B, cash $465M, $600M in restricted investments reserved for June note obligations, and $0 drawn on the $1.1B revolver. The company has incurred $224M of restructuring/transform expenses to date ($89M cash, $135M non‑cash), expects up to $255M total by end of 2026, realized $35M of savings in FY25 and is on track for an incremental ~$55M in FY26; a favorable tax method change contributed roughly $0.06 to Q3 EPS and the full‑year non‑GAAP tax rate is expected to be roughly in line with FY25.
Adjusted Results Ahead of Expectations
Adjusted Q3 operating income of $26M exceeded guidance; adjusted diluted EPS of $0.09 (ex-items) also beat outlook. Company modestly raised its full-year adjusted operating income outlook to approximately $110M (high end of prior range).
Revenue Performance and Outlook Improvement
Q3 revenue declined 5% to $1.3B, slightly better than prior outlook (including ~1 ppt benefit from timing of wholesale shipments). Full-year revenue expectation narrowed/improved to ~4% decline versus prior -4% to -5% range.
Regional & Channel Wins (EMEA and Latin America)
EMEA revenue grew 6% reported (2% currency-neutral) driven by wholesale and DTC; Latin America grew 20% reported (13% cc) with balanced growth across the business—demonstrating pockets of strong international performance.
Balance Sheet and Liquidity Strength
Ended Q3 with $465M cash, $600M in restricted investments dedicated to senior notes, repaid ~ $200M of revolver borrowings and finished the quarter with no amounts outstanding under the $1.1B revolver, reflecting improved liquidity management.
Inventory and Complexity Reduction Progress
Inventory down 2% year-over-year to just over $1B; completed the 25% SKU rationalization started in fiscal 2025 and continuing efforts to simplify assortments and raw material complexity—driving tighter assortments and better planning.
Product Momentum and Pricing Power
Base layer (heat and cold gear) delivered strong double-digit growth and higher ASPs; ICON fleece and women’s Meridian gaining traction. Early footwear and sportswear launches (Velocity Elite 3, Acerta 11, HP Low, Solo, ARC 96) showed strong sell-through and higher ASP signals.
Direct-to-Consumer and Digital Engagement
Digital engagement remains strong; e-commerce conversion improved despite a promotional environment. Tools like SMS and TikTok Shop are contributing to growth and improved DTC execution.
Cost Discipline and SG&A Improvement (Adjusted)
Adjusted SG&A decreased 7% to $563M (excluding litigation reserve and transformation), driven by lower marketing spend timing, restructuring benefits, and disciplined discretionary cost management; company expects mid-single-digit decline in adjusted SG&A for the full year.

Under Armour (UAA) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

UAA Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
May 20, 2026
2026 (Q4)
-0.02 / -
-0.08
Feb 06, 2026
2026 (Q3)
-0.01 / 0.09
0.0812.50% (<+0.01)
Nov 06, 2025
2026 (Q2)
0.03 / 0.04
0.3-86.67% (-0.26)
Aug 08, 2025
2026 (Q1)
0.03 / 0.02
0.01100.00% (+0.01)
May 13, 2025
2025 (Q4)
-0.08 / -0.08
0.11-172.73% (-0.19)
Feb 06, 2025
2025 (Q3)
0.04 / 0.08
0.19-57.89% (-0.11)
Nov 07, 2024
2025 (Q2)
0.19 / 0.30
0.2425.00% (+0.06)
Aug 08, 2024
2025 (Q1)
-0.08 / 0.01
0.02-50.00% (-0.01)
May 16, 2024
2024 (Q4)
0.08 / 0.11
0.18-38.89% (-0.07)
Feb 08, 2024
2024 (Q3)
0.11 / 0.19
0.1618.75% (+0.03)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

UAA Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 06, 2026
$6.28$7.56+20.38%
Nov 06, 2025
$4.61$4.55-1.30%
Aug 08, 2025
$6.64$5.44-18.07%
May 13, 2025
$6.21$6.27+0.97%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Under Armour (UAA) report earnings?
Under Armour (UAA) is schdueled to report earning on May 20, 2026, Before Open (Confirmed).
    What is Under Armour (UAA) earnings time?
    Under Armour (UAA) earnings time is at May 20, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is UAA EPS forecast?
          UAA EPS forecast for the fiscal quarter 2026 (Q4) is -0.02.

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