Under Armour has posted a 4 per cent YoY revenue drop to $1.1 billion in Q1 FY26, with a net loss of $3 million.
North America sales fell 5 per cent, while EMEA rose 10 per cent.
Footwear revenue declined 14 per cent, but gross margin rose to 48.2 per cent.
Adjusted operating income was $24 million.
Q2 revenue is expected to fall 6–7 per cent due to tariff and supply chain headwinds.Under Armour has posted a 4 per cent YoY revenue drop to $1.1 billion in Q1 FY26, with a net loss of $3 million.
North America sales fell 5 per cent, while EMEA rose 10 per cent.
Footwear revenue declined 14 per cent, but gross margin rose to 48.2 per cent.
Adjusted operating income was $24 million.
Q2 revenue is expected to fall 6–7 per cent due to tariff and supply chain headwinds.
US’ Under Armour posts Q1 loss, sees 7% dip ahead in Q2
