Quarterly ResultMay 12, 2026, 07:37 AM
Under Armour Q4 Revenue Down 1% to $1.2B; Restructuring Costs Rise to $305M
AI Summary
Under Armour announced an update to its fiscal year 2025 restructuring plan, increasing total pre-tax charges by $50 million to approximately $305 million, with completion expected by December 31, 2026. The company reported its fourth quarter fiscal 2026 revenue decreased 1% to $1.2 billion, resulting in a net loss of $43 million. For the full fiscal year 2026, revenue declined 4% to $5.0 billion, with a net loss of $496 million. Under Armour provided a fiscal 2027 outlook, projecting a slight revenue decline but anticipating adjusted operating income between $140 million and $160 million.
Key Highlights
- Restructuring plan charges increased by $50 million to $305 million.
- Q4 FY26 revenue decreased 1% to $1.2 billion (down 4% constant currency).
- Q4 FY26 net loss was $43 million, diluted loss per share $0.10.
- Full-year FY26 revenue decreased 4% to $5.0 billion (down 5% constant currency).
- Full-year FY26 net loss was $496 million, diluted loss per share $1.16.
- North America Q4 revenue declined 7% to $641 million.
- Fiscal 2027 outlook: Revenue to decline slightly, adjusted operating income $140M-$160M.
- Fiscal 2027 outlook: Adjusted diluted EPS $0.08-$0.12.