Under Armour’s revenue in fiscal year 2023 was approximately $5.9 billion.
The figure refers to the fiscal year that ended March 31, 2023, rather than the calendar year ending December 31, 2023. Under Armour reported revenue growth of about 3 percent for that year, bringing total revenue to roughly $5.9 billion. The company’s fiscal-year calendar is an important detail because it differs from the reporting cycle used by many companies.
Wholesale remained the larger channel, generating approximately $3.5 billion. Direct-to-consumer revenue was about $2.3 billion, including sales through Under Armour’s stores and e-commerce operation. By product category, apparel contributed roughly $3.9 billion, footwear about $1.5 billion, and accessories approximately $409 million.
The answer is an approximation, as the quiz wording indicates. The alternatives are not close enough to create a serious rounding issue: $7.5 billion and $6.8 billion overstate the reported total, while $4.2 billion understates it. A neighbouring point readers often miss is that fiscal 2023 followed a transition in the company’s fiscal-year reporting period.