Under Armor Net Worth (Updated 2026).

Under Armour, a name now synonymous with athletic apparel, had humble beginnings in the late 1990s. The company was founded by Kevin Plank, a former special teams captain of the University of Maryland football team, who grew frustrated with the sweat-soaked cotton T-shirts he wore during workouts. Plank envisioned a shirt that could wick away perspiration, keeping athletes dry and comfortable during intense physical activity.

In 1996, Plank turned his vision into reality, creating the first Under Armour shirt in his grandmother’s basement. The shirt, made from a synthetic fabric called Lycra, revolutionized the way athletes dressed for workouts. Plank’s innovative design caught the attention of football players at the University of Maryland, who started wearing his shirts under their uniforms, giving the brand its name. Word spread quickly among athletes, and Under Armour began to gain traction in the sports world.

Under Armour’s Current Net Worth (2025)

As of 2025, Under Armour’s current net worth is estimated to be around $9.6 billion, according to the latest available information. This figure reflects the company’s significant growth and impact in the athletic wear industry.

Under Armour’s Career

Founded in 1996 by Kevin Plank, Under Armour began as a small startup focused on creating moisture-wicking compression shirts. Today, it has evolved into a global leader in athletic performance apparel, footwear, and accessories, with a presence in over 120 countries. The company’s innovative products and strategic partnerships with athletes and teams have driven its success.

Other Ventures

In addition to its core business, Under Armour has expanded into various other ventures. These include connected fitness through the MapMyFitness app, which the company acquired in 2013, and a digital health platform called UA HealthBox. The company has also invested in esports, partnering with teams and players to create custom apparel and footwear.

Assets

Under Armour’s assets include its extensive product portfolio, which consists of apparel, footwear, and accessories for men, women, and youth. The company also owns a significant amount of intellectual property, including trademarks and patents. Additionally, Under Armour’s distribution centers, retail stores, and e-commerce platform are valuable assets that support its global operations.

Annual Income

In the fiscal year 2021, Under Armour’s total revenue was approximately $5.4 billion. This figure represents a significant increase from the previous year, demonstrating the company’s resilience and growth despite the challenges posed by the COVID-19 pandemic. Under Armour’s annual income has been steadily increasing over the years, reflecting the company’s strong market position and growth strategies.

Frequently Asked Questions about  Under Armor

Under Armor Net Worth FAQs

1. What is Under Armor’s net worth?

Under Armor’s net worth is estimated to be over $9 billion.

2. Who is the founder of Under Armor?

Kevin Plank is the founder of Under Armor. He started the company in 1996 in his grandmother’s basement.

3. When was Under Armor founded?

Under Armor was founded in 1996.

4. What was the initial product of Under Armor?

The initial product of Under Armor was a moisture-wicking T-shirt designed for football players.

5. Where is Under Armor’s headquarters located?

Under Armor’s headquarters is located in Baltimore, Maryland, USA.

6. What are some of Under Armor’s popular product lines?

Some of Under Armor’s popular product lines include performance apparel, footwear, and accessories for men, women, and youth. They also have a line for athletes with specific needs, like their UA HOVR running shoes and UA RUSH training apparel.

7. Does Under Armor have any retail stores?

Yes, Under Armor has over 200 retail stores worldwide, primarily in North America, Europe, and Asia.

8. Who are some of the athletes sponsored by Under Armor?

Under Armor sponsors a wide range of athletes, including Stephen Curry, Tom Brady, Dwayne “The Rock” Johnson, and Misty Copeland, among many others.

9. What is Under Armor’s stock ticker symbol?

Under Armor’s stock ticker symbol is UAA on the New York Stock Exchange (NYSE).

10. How many employees does Under Armor have?

As of 2021, Under Armor has over 15,000 employees worldwide.