Invesaro

Stocks Comparison

lululemon athletica vs Under Armour: revenue, profit, margins and growth compared

lululemon athletica brought in $11.1B of revenue in fiscal 2025, Under Armour $5B in fiscal 2026. Revenue changed by +4.9% at lululemon athletica and -3.8% at Under Armour on the year before, so lululemon athletica grew faster. lululemon athletica kept 14.2% of its revenue as net profit, Under Armour -10.0%. Free cash flow was $921.7M at lululemon athletica and -$162.2M at Under Armour.

Side by side, latest fiscal year

LULUUAA
Fiscal year endedFY2025 (February 1, 2026)FY2026 (March 31, 2026)
Revenue$11.1B$5B
Revenue growth+4.9%-3.8%
Net income$1.6B-$495.6M
Net margin14.2%-10.0%
Free cash flow$921.7M-$162.2M
Free cash flow margin8.3%-3.3%
Earnings per share (diluted)$13.26-$1.16
Cash$1.8B$309.2M
Debtn/a$1.2B
Price to earnings7.6n/a
Market value$11B$1.9B
Dividend yieldn/an/a
Rank by revenue in sector#114 of 778 · Consumer discretionary#204 of 778 · Consumer discretionary

Over the years

Revenue
LULU FY2018: $3.3BLULU FY2019: $4BLULU FY2020: $4.4BLULU FY2021: $6.3BLULU FY2022: $8.1BLULU FY2023: $9.6BLULU FY2024: $10.6BLULU FY2025: $11.1BUAA FY2018: $5.2BUAA FY2019: $5.3BUAA FY2020: $4.5BUAA FY2021: $5.7BUAA FY2023: $5.9BUAA FY2024: $5.7BUAA FY2025: $5.2BUAA FY2026: $5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
LULU $11.1BUAA $5B
Net income
LULU FY2018: $483.8MLULU FY2019: $645.6MLULU FY2020: $588.9MLULU FY2021: $975.3MLULU FY2022: $854.8MLULU FY2023: $1.6BLULU FY2024: $1.8BLULU FY2025: $1.6BUAA FY2018: -$46.3MUAA FY2019: $92.1MUAA FY2020: -$549.2MUAA FY2021: $351MUAA FY2023: $374.5MUAA FY2024: $232MUAA FY2025: -$201.3MUAA FY2026: -$495.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LULU $1.6BUAA -$495.6M
Net margin
LULU FY2018: 14.7%LULU FY2019: 16.2%LULU FY2020: 13.4%LULU FY2021: 15.6%LULU FY2022: 10.5%LULU FY2023: 16.1%LULU FY2024: 17.1%LULU FY2025: 14.2%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
LULU 14.2%UAA -10.0%
Revenue growth
LULU FY2019: +21.0%LULU FY2020: +10.6%LULU FY2021: +42.1%LULU FY2022: +29.6%LULU FY2023: +18.6%LULU FY2024: +10.1%LULU FY2025: +4.9%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
LULU +4.9%UAA -3.8%
Free cash flow
LULU FY2018: $517MLULU FY2019: $386.3MLULU FY2020: $574.1MLULU FY2021: $994.6MLULU FY2022: $327.8MLULU FY2023: $1.6BLULU FY2024: $1.6BLULU FY2025: $921.7MUAA FY2018: $457.8MUAA FY2019: $363.2MUAA FY2020: $120.6MUAA FY2021: $594.5MUAA FY2023: -$198MUAA FY2024: $203.6MUAA FY2025: -$228MUAA FY2026: -$162.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LULU $921.7MUAA -$162.2M

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

Questions about lululemon athletica and Under Armour

Which is bigger by revenue, lululemon athletica or Under Armour?

lululemon athletica is bigger by revenue: $11.1B in fiscal 2025, against $5B for Under Armour in fiscal 2026.

Which keeps more of its revenue as profit, lululemon athletica or Under Armour?

lululemon athletica had a net margin of 14.2% in fiscal 2025; Under Armour had -10.0% in fiscal 2026.

Which grew revenue faster, lululemon athletica or Under Armour?

In their latest fiscal years revenue changed by +4.9% at lululemon athletica 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.

More comparisons

Compare more companies