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G III Apparel vs Under Armour: revenue, profit, margins and growth compared

G III Apparel brought in $3B of revenue in fiscal 2025, Under Armour $5B in fiscal 2026. Revenue changed by -7.0% at G III Apparel and -3.8% at Under Armour on the year before, so Under Armour grew faster. G III Apparel kept 2.3% of its revenue as net profit, Under Armour -10.0%. Free cash flow was $263.9M at G III Apparel and -$162.2M at Under Armour.

Side by side, latest fiscal year

GIIIUAA
Fiscal year endedFY2025 (January 31, 2026)FY2026 (March 31, 2026)
Revenue$3B$5B
Revenue growth-7.0%-3.8%
Net income$67.4M-$495.6M
Net margin2.3%-10.0%
Free cash flow$263.9M-$162.2M
Free cash flow margin8.9%-3.3%
Earnings per share (diluted)$1.51-$1.16
Cash$406.7M$309.2M
Debt$4.6M$1.2B
Price to earnings18.0n/a
Market value$1.1B$1.9B
Dividend yield0.37%n/a
Rank by revenue in sector#287 of 778 · Consumer discretionary#204 of 778 · Consumer discretionary

Over the years

Revenue
GIII FY2019: $3.1BGIII FY2020: $3.2BGIII FY2021: $2.1BGIII FY2021: $2.8BGIII FY2022: $3.2BGIII FY2023: $3.1BGIII FY2024: $3.2BGIII FY2025: $3BUAA FY2018: $5.2BUAA FY2019: $5.3BUAA FY2020: $4.5BUAA FY2021: $5.7BUAA FY2023: $5.9BUAA FY2024: $5.7BUAA FY2025: $5.2BUAA FY2026: $5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
GIII $3BUAA $5B
Net income
GIII FY2019: $138.1MGIII FY2020: $143.8MGIII FY2021: $23.5MGIII FY2021: $200.6MGIII FY2022: -$133.1MGIII FY2023: $176.2MGIII FY2024: $193.6MGIII FY2025: $67.4MUAA FY2018: -$46.3MUAA FY2019: $92.1MUAA FY2020: -$549.2MUAA FY2021: $351MUAA FY2023: $374.5MUAA FY2024: $232MUAA FY2025: -$201.3MUAA FY2026: -$495.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
GIII $67.4MUAA -$495.6M
Net margin
GIII FY2019: 4.5%GIII FY2020: 4.6%GIII FY2021: 1.1%GIII FY2021: 7.3%GIII FY2022: -4.1%GIII FY2023: 5.7%GIII FY2024: 6.1%GIII FY2025: 2.3%UAA FY2018: -0.9%UAA FY2019: 1.7%UAA FY2020: -12.3%UAA FY2021: 6.2%UAA FY2023: 6.3%UAA FY2024: 4.1%UAA FY2025: -3.9%UAA FY2026: -10.0%FY18FY19FY20FY21FY22FY23FY24FY25FY26
GIII 2.3%UAA -10.0%
Revenue growth
GIII FY2020: +2.7%GIII FY2021: -35.0%GIII FY2021: +34.6%GIII FY2022: +16.6%GIII FY2023: -4.0%GIII FY2024: +2.7%GIII FY2025: -7.0%UAA FY2019: +1.4%UAA FY2020: -15.0%UAA FY2021: +27.0%UAA FY2024: -3.4%UAA FY2025: -9.4%UAA FY2026: -3.8%FY19FY20FY21FY22FY23FY24FY25FY26
GIII -7.0%UAA -3.8%
Free cash flow
GIII FY2019: $74.6MGIII FY2020: $171MGIII FY2021: $58.7MGIII FY2021: $167.5MGIII FY2022: -$126.1MGIII FY2023: $562.9MGIII FY2024: $274.9MGIII FY2025: $263.9MUAA FY2018: $457.8MUAA FY2019: $363.2MUAA FY2020: $120.6MUAA FY2021: $594.5MUAA FY2023: -$198MUAA FY2024: $203.6MUAA FY2025: -$228MUAA FY2026: -$162.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
GIII $263.9MUAA -$162.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about G III Apparel and Under Armour

Which is bigger by revenue, G III Apparel or Under Armour?

Under Armour is bigger by revenue: $5B in fiscal 2026, against $3B for G III Apparel in fiscal 2025.

Which keeps more of its revenue as profit, G III Apparel or Under Armour?

G III Apparel had a net margin of 2.3% in fiscal 2025; Under Armour had -10.0% in fiscal 2026.

Which grew revenue faster, G III Apparel or Under Armour?

In their latest fiscal years revenue changed by -7.0% at G III Apparel and -3.8% at Under Armour.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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