← Under Armour, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $312.5m | $557.4m | $788.1m | $1.5b | $1.7b | — | $711.9m | $858.7m | $501.4m | $309.2m | |
| Prepaid Expense and Other Assets, Current | $257.0m | $364.2m | $313.2m | $282.3m | $286.4m | $297.0m | $297.6m | $289.2m | $206.1m | $207.5m | |
| Accounts Receivable | — | — | — | — | — | — | $758.6m | $757.3m | $675.8m | $681.9m | |
| Allowance For Doubtful Accounts Receivable | — | — | — | — | — | — | ($10.8m) | ($15.0m) | ($17.0m) | ($5.0m) | |
| Cash And Cash Equivalents | — | — | — | — | — | — | $710.9m | $858.7m | $501.4m | $309.2m | |
| Cash Cash Equivalents And Short Term Investments | — | — | — | — | — | — | $710.9m | $858.7m | $501.4m | $309.2m | |
| Gross Accounts Receivable | — | — | — | — | — | — | $769.4m | $772.3m | $692.8m | $686.9m | |
| Other Current Assets | — | — | — | — | — | — | $293.3m | $289.2m | $206.1m | $207.5m | |
| Cash and cash equivalents | $312.5m | $557.4m | $788.1m | $1.5b | $1.7b | $1.0b | $711.9m | $858.7m | $501.4m | $309.2m | |
| Accounts receivable, net of allowance for doubtful accounts of $5,018 and $17,020 as of March 31, 2026 and March 31, 2025, respectively. | $609.7m | $652.5m | $708.7m | $527.3m | $569.0m | $702.2m | $759.9m | $757.3m | $675.8m | $681.9m | |
| Prepaid expenses and other current assets, net | $257.0m | $364.2m | $313.2m | $282.3m | $286.4m | $297.0m | $297.6m | $289.2m | $206.1m | $207.5m | |
| Inventory, Net | $1.2b | $1.0b | $892.3m | $896.0m | $811.4m | $824.5m | $1.2b | $958.5m | $945.8m | $914.8m | |
| Assets, Current | $2.3b | $2.6b | $2.7b | $3.2b | $3.3b | — | $3.0b | $2.9b | $2.3b | $2.7b | |
| Total current assets | $2.3b | $2.6b | $2.7b | $3.2b | $3.3b | $2.8b | $3.0b | $2.9b | $2.3b | $2.7b | |
| Property, Plant and Equipment, Net | $885.8m | $826.9m | $792.1m | $658.7m | $607.2m | $601.4m | $672.7m | $664.5m | $645.1m | $599.0m | |
| Goodwill | $555.7m | $546.5m | $550.2m | $502.2m | $495.2m | — | $482.0m | $478.3m | $487.6m | $492.8m | |
| Intangible Assets, Net (Excluding Goodwill) | $47.0m | $41.8m | $36.3m | $13.3m | $11.0m | — | $8.9m | $7.0m | $5.2m | $4.5m | |
| Goodwill And Other Intangible Assets | — | — | — | — | — | — | $490.9m | $485.3m | $492.9m | $497.2m | |
| Other Intangible Assets | — | — | — | — | — | — | $8.9m | $7.0m | $5.2m | $4.5m | |
| Goodwill (Note 5) | $555.7m | $546.5m | $550.2m | $502.2m | $495.2m | $491.5m | $482.0m | $478.3m | $487.6m | $492.8m | |
| Intangible assets, net | $47.0m | $41.8m | $36.3m | $13.3m | $11.0m | $10.6m | $8.9m | $7.0m | $5.2m | $4.5m | |
| Operating Lease, Right-of-Use Asset | — | — | $591.9m | $536.7m | $448.4m | $420.4m | $489.3m | $434.7m | $384.3m | $429.6m | |
| Other Assets, Noncurrent | $97.4m | $123.8m | $88.3m | $72.9m | $75.5m | — | $58.4m | $91.5m | $163.3m | $118.9m | |
| Operating lease right-of-use assets (Note 4) | — | — | $591.9m | $536.7m | $448.4m | $420.4m | $489.3m | $434.7m | $384.3m | $429.6m | |
| Other long-term assets | $97.4m | $123.8m | $88.3m | $72.9m | $75.5m | $76.0m | $58.4m | $91.5m | $163.3m | $118.9m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $609.7m | $652.5m | $708.7m | $527.3m | $569.0m | $702.2m | $759.9m | $757.3m | $675.8m | $681.9m | |
| Accumulated Depreciation | — | — | — | — | — | — | ($1.1b) | ($1.2b) | ($1.1b) | ($926.0m) | |
| Buildings And Improvements | — | — | — | — | — | — | $48.6m | $68.2m | $271.9m | $271.6m | |
| Capital Lease Obligations | — | — | — | — | — | — | $846.7m | $767.0m | $704.3m | $749.2m | |
| Construction In Progress | — | — | — | — | — | — | $138.1m | $176.0m | $24.2m | $18.8m | |
| Current Accrued Expenses | — | — | — | — | — | — | $366.5m | $179.3m | $206.4m | $194.7m | |
| Current Capital Lease Obligation | — | — | — | — | — | — | $141.0m | $139.3m | $130.1m | $153.1m | |
| Current Debt | — | — | — | — | — | — | — | $80.9m | — | $599.8m | |
| Current Debt And Capital Lease Obligation | — | — | — | — | — | — | $141.0m | $220.2m | $130.1m | $752.9m | |
| Current Provisions | — | — | — | — | — | — | $160.5m | $139.3m | $146.0m | $126.1m | |
| Gross PPE | — | — | — | — | — | — | $2.2b | $2.3b | $2.2b | $2.0b | |
| Invested Capital | — | — | — | — | — | — | $2.6b | $2.8b | $2.5b | $2.6b | |
| Land And Improvements | — | — | — | — | — | — | $83.6m | $82.4m | $74.5m | $74.5m | |
| Leases | — | — | — | — | — | — | $462.7m | $495.2m | $457.4m | $430.4m | |
| Long Term Capital Lease Obligation | — | — | — | — | — | — | $705.7m | $627.7m | $574.3m | $596.1m | |
| Machinery Furniture Equipment | — | — | — | — | — | — | $942.1m | $970.2m | $921.6m | $716.2m | |
| Net Debt | — | — | — | — | — | — | — | — | $93.8m | $881.3m | |
| Net PPE | — | — | — | — | — | — | $1.1b | $1.1b | $1.0b | $1.0b | |
| Net Tangible Assets | — | — | — | — | — | — | $1.5b | $1.7b | $1.4b | $917.1m | |
| Non Current Deferred Assets | — | — | — | — | — | — | $186.9m | $221.0m | $286.2m | $52.3m | |
| Non Current Deferred Taxes Assets | — | — | — | — | — | — | $186.9m | $221.0m | $286.2m | $52.3m | |
| Ordinary Shares Number | — | — | — | — | — | — | $444.5m | $436.0m | $426.0m | $426.2m | |
| Other Current Borrowings | — | — | — | — | — | — | — | $80.9m | — | $599.8m | |
| Other Current Liabilities | — | — | — | — | — | — | $42.7m | $52.6m | $62.2m | $74.4m | |
| Other Equity Adjustments | — | — | — | — | — | — | ($67.8m) | ($77.1m) | ($93.9m) | ($81.6m) | |
| Other Non Current Assets | — | — | — | — | — | — | $67.1m | $91.5m | $163.3m | $118.9m | |
| Other Non Current Liabilities | — | — | — | — | — | — | $121.9m | $219.4m | $132.0m | $137.8m | |
| Other Properties | — | — | — | — | — | — | $510.9m | $463.6m | $403.7m | $443.1m | |
| Properties | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Restricted Cash | — | — | — | — | — | — | — | — | $0 | $605.4m | |
| Share Issued | — | — | — | — | — | — | $444.5m | $436.0m | $426.0m | $426.2m | |
| Tangible Book Value | — | — | — | — | — | — | $1.5b | $1.7b | $1.4b | $917.1m | |
| Working Capital | — | — | — | — | — | — | $1.6b | $1.7b | $1.2b | $1.0b | |
| Restricted investments (Note 7) | — | — | — | — | — | — | — | — | $0 | $605.4m | |
| Deferred income taxes (Note 15) | $82.8m | $112.4m | $82.4m | $23.9m | $17.8m | $20.1m | $186.2m | $221.0m | $286.2m | $52.3m | |
| Customer refund liabilities (Note 10) | $0 | $301.4m | $219.4m | $203.4m | $164.3m | $159.6m | $160.5m | $139.3m | $146.0m | $126.1m | |
| Operating lease liabilities (Note 4) | — | — | $125.9m | $162.6m | $138.7m | $134.8m | $141.0m | $139.3m | $130.1m | $153.1m | |
| Other current liabilities | $50.4m | $88.3m | $83.8m | $92.5m | $73.7m | $125.8m | $51.6m | $34.3m | $54.4m | $46.3m | |
| Operating lease liabilities, non-current (Note 4) | — | — | $580.6m | $839.4m | $703.1m | $669.0m | $705.7m | $627.7m | $574.3m | $596.1m | |
| Accrued Liabilities, Current | $296.8m | $340.4m | $374.7m | $378.9m | $460.2m | $318.0m | $354.6m | $287.9m | $348.7m | $331.4m | |
| Total Capitalization | — | — | — | — | — | — | $2.6b | $2.7b | $2.5b | $2.0b | |
| Total Debt | — | — | — | — | — | — | $1.5b | $1.4b | $1.3b | $1.9b | |
| Total Non Current Assets | — | — | — | — | — | — | $1.9b | $1.9b | $2.0b | $1.7b | |
| Total Tax Payable | — | — | — | — | — | — | — | $22.2m | $26.3m | $22.6m | |
| Assets | $4.0b | $4.2b | $4.8b | $5.0b | $5.0b | — | $4.9b | $4.8b | $4.3b | $4.4b | |
| Total assets | $4.0b | $4.2b | $4.8b | $5.0b | $5.0b | $4.5b | $4.9b | $4.8b | $4.3b | $4.4b | |
| LIABILITIES AND EQUITY | |||||||||||
| Total liabilities and stockholders' equity | $4.0b | $4.2b | $4.8b | $5.0b | $5.0b | $4.5b | $4.9b | $4.8b | $4.3b | $4.4b | |
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | $125.9m | $162.6m | $138.7m | — | $141.0m | $139.3m | $130.1m | $153.1m | |
| Accounts Payable, Current | $561.1m | $560.9m | $618.2m | $576.0m | $613.3m | $560.3m | $649.1m | $483.7m | $429.9m | $420.1m | |
| Long-term Debt, Current Maturities | $27.0m | $25.0m | $0 | $0 | $0 | — | $0 | $80.9m | $0 | $599.8m | |
| Operating Lease, Liability, Noncurrent | — | — | $580.6m | $839.4m | $703.1m | $669.0m | $705.7m | $627.7m | $574.3m | $596.1m | |
| Long-term Debt, Excluding Current Maturities | $765.0m | $703.8m | $592.7m | $1.0b | $662.5m | — | $674.5m | $594.9m | $595.1m | $590.6m | |
| Payables And Accrued Expenses | — | — | — | — | — | — | $1.0b | $685.2m | $662.7m | $637.4m | |
| Current maturities of long-term debt (Note 7) | $27.0m | $25.0m | $0 | — | — | — | $0 | $80.9m | $0 | $599.8m | |
| Long-term debt, net of current maturities (Note 7) | $765.0m | $703.8m | $592.7m | $1.0b | $662.5m | $672.3m | $674.5m | $594.9m | $595.1m | $590.6m | |
| Liabilities, Current | $1.1b | $1.3b | $1.4b | $1.4b | $1.5b | — | $1.4b | $1.2b | $1.1b | $1.7b | |
| Total current liabilities | $1.1b | $1.3b | $1.4b | $1.4b | $1.5b | $1.3b | $1.4b | $1.2b | $1.1b | $1.7b | |
| Other Liabilities, Noncurrent | $162.3m | $208.3m | $98.1m | $98.4m | $86.6m | — | $121.6m | $219.4m | $132.0m | $137.8m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | — | — | $1.4b | $1.2b | $1.2b | $1.2b | |
| Pensionand Other Post Retirement Benefit Plans Current | — | — | — | — | — | — | — | $68.1m | $108.2m | $86.0m | |
| Other long-term liabilities | $162.3m | $208.3m | $98.1m | $98.4m | $86.6m | $84.0m | $121.6m | $219.4m | $132.0m | $137.8m | |
| Deferred Tax Liabilities, Net | $63.5m | $42.6m | $153.5m | $168.5m | $118.3m | — | $132.9m | $111.4m | $93.1m | $91.0m | |
| Liabilities | $2.0b | $2.2b | $2.7b | $3.4b | $2.9b | — | $2.9b | $2.6b | $2.4b | $3.0b | |
| Total liabilities | $2.0b | $2.2b | $2.7b | $3.4b | $2.9b | $2.7b | $2.9b | $2.6b | $2.4b | $3.0b | |
| Stockholders’ equity: | |||||||||||
| Retained Earnings (Accumulated Deficit) | $1.2b | $1.1b | $1.2b | $673.9m | $1.0b | $721.9m | $929.6m | $1.0b | $746.3m | $217.4m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | ($38.2m) | ($39.0m) | ($50.8m) | ($59.2m) | ($47.6m) | ($40.1m) | ($67.8m) | ($77.1m) | ($93.9m) | ($81.6m) | |
| Additional Paid in Capital, Common Stock | $872.3m | $916.6m | $973.7m | $1.1b | $1.1b | — | $1.1b | $1.2b | $1.2b | $1.3b | |
| Common Stock Equity | — | — | — | — | — | — | $2.0b | $2.2b | $1.9b | $1.4b | |
| Additional Paid In Capital | — | — | — | — | — | — | $1.1b | $1.2b | $1.2b | $1.3b | |
| Capital Stock | — | — | — | — | — | — | $147k | $144k | $141k | $141k | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | — | — | ($67.8m) | ($77.1m) | ($93.9m) | ($81.6m) | |
| Common stock | $146k | $148k | $149k | $150k | $158k | $153k | $147k | $144k | $141k | $141k | |
| Accumulated other comprehensive income (loss) | ($38.2m) | ($39.0m) | ($50.8m) | ($59.2m) | ($47.6m) | ($40.1m) | ($67.8m) | ($77.1m) | ($93.9m) | ($81.6m) | |
| Stockholders' Equity Attributable to Parent | $2.0b | $2.0b | $2.2b | $1.7b | $2.1b | — | $2.0b | $2.2b | $1.9b | $1.4b | |
| Total Equity Gross Minority Interest | — | — | — | — | — | — | $2.0b | $2.2b | $1.9b | $1.4b | |
| Total Non Current Liabilities Net Minority Interest | — | — | — | — | — | — | $1.5b | $1.4b | $1.3b | $1.3b | |
| Total stockholders' equity | $2.0b | $2.0b | $2.2b | $1.7b | $2.1b | $1.7b | $2.0b | $2.2b | $1.9b | $1.4b | |
| Liabilities and Equity | $4.0b | $4.2b | $4.8b | $5.0b | $5.0b | — | $4.9b | $4.8b | $4.3b | $4.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.