v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table
The table below provides the “compensation actually paid” to our principal executive officers (“PEOs”) and the average “compensation actually paid” to our other named executive officers (“Non-PEO NEOs”), as calculated by SEC rules, and certain financial performance measures, in each case, for our five most recently completed fiscal years and the transition period.
Fiscal YearSummary Compensation Table Total
for PEOs ($)
Compensation Actually Paid to PEO ($)Average Summary Compensation Table Total for Non-PEO NEOs ($)Average Compensation Actually Paid to Non-PEO NEOs ($)Value of Initial Fixed $100 Investment
Based on:
Net Income
($ in thousands)
Adjusted Operating Income
($ in thousands)
Kevin
Plank
Stephanie LinnartzColin
Browne
Patrik
Frisk
Kevin
Plank
Stephanie LinnartzColin BrownePatrik
Frisk
Company TSR ($)Peer Group TSR ($)
(a)
(b) (1)
(c) (2)
(d) (1)
(e) (2)
(f) (3)
(g) (3)
(h) (4)
(i) (4)(5)
202611,597,975n/an/an/a7,325,748n/an/an/a2,744,1492,491,57934.40 52.13 (495,643)100,251 
202510,964,002n/an/an/a6,932,085n/an/an/a2,689,2712,423,56528.92 42.36 (201,267)212,331 
2024n/a10,482,190n/an/an/a5,232,702n/an/a2,701,795723,87234.16 46.35 232,042 350,810 
2023n/a11,300,0005,481,5788,640,309n/a11,287,1262,712,210(5,682,435)2,644,984(605,281)43.93 54.51 374,459 309,586 
2022 TPn/an/an/a3,978,714n/an/an/a1,444,5741,215,815397,55878.79 78.67 (63,146)7,564 
2021n/an/an/a15,544,913n/an/an/a18,161,0114,352,6575,337,78298.10 95.08 351,003 518,248 
         
Company Selected Measure Name Adjusted operating income          
Named Executive Officers, Footnote Mr. Plank has served as our PEO since April 1, 2024. Ms. Linnartz served as our PEO from February 27, 2023 through March 31, 2024. Mr. Browne served as our PEO from June 1, 2022 through February 26, 2023. Mr. Frisk served as our PEO from January 1, 2020 through May 31, 2022. The individuals comprising the Non-PEO NEOs for each fiscal period presented are listed below.
Fiscal Year 2026Fiscal Year 2025Fiscal Year 2024Fiscal Year 2023Transition PeriodFiscal Year 2021
Reza TaleghaniDavid BergmanKevin PlankKevin PlankKevin PlankKevin Plank
Kara TrentShawn CurranDavid BergmanDavid BergmanDavid BergmanDavid Bergman
Shawn CurranYassine SaidiJim DauschMassimo BarattoColin BrowneColin Browne
Eric LiedtkeKara TrentDavid BaxterStephanie PuglieseMassimo BarattoStephanie Pugliese
David BergmanJim DauschLisa CollierTchernavia RockerStephanie Pugliese
Tchernavia RockerTchernavia Rocker
         
Adjustment To PEO Compensation, Footnote The values included in these columns for the “compensation actually paid” to each PEO and the average compensation actually paid to our Non-PEO NEOs have been calculated in accordance with Item 402(v) of Regulation S-K. For each fiscal period, the values included in the columns for the “compensation actually paid” to each PEO and the average “compensation actually paid” to our Non-PEO NEOs reflect the following adjustments to the values included in columns (b) and (d), respectively:
PEOs ($)Average for Non-PEO NEOs ($)
Kevin
Plank
Stephanie
Linnartz
Colin
Browne
Patrik
Frisk
FY2026FY2025FY2024FY2023FY2023FY20232022 TPFY2021FY2026FY2025FY2024FY20232022 TPFY2021
Summary Compensation
Table Total
11,597,975 10,964,002 10,482,190 11,300,000 5,481,578 8,640,309 3,978,714 15,544,913 2,744,149 2,689,271 2,701,795 2,644,984 1,215,815 4,352,657 
Adjustments to the Summary Compensation Table Total to Calculate Compensation Actually Paid
Deduct: Grant date fair value of equity awards in fiscal year as reported in Summary Compensation Table9,550,000 9,100,000 8,000,000 11,000,000 3,875,000 — 3,500,000 10,000,000 1,600,000 1,310,000 1,603,127 1,225,000 1,041,667 2,437,500 
Add: Fair value of equity awards granted in covered fiscal year at end of year7,456,500 6,157,169 4,085,844 10,987,126 2,510,891 — 3,766,267 9,390,957 1,372,957 1,180,368 687,137 654,000 1,120,916 2,289,051 
Add: Change in fair value from end of prior fiscal year to vesting date for equity awards in prior fiscal years that vested during covered fiscal year15,334 (90,208)(141,672)— (431,006)(680,607)(967,082)1,491,113 (8,666)2,475 (33,911)(290,807)(174,198)239,671 
Add: Change in fair value from end of prior fiscal year to end of covered fiscal year for equity awards made in prior fiscal years that were unvested at end of covered fiscal year(2,194,061)(998,878)(1,193,660)— (974,253)— (1,833,325)1,734,028 (16,861)(48,492)(718,083)(2,010,985)(723,308)893,903 
Add For awards that are granted and vest in the same year the fair value as of the vesting date— — — — — — — — — — — — — — 
Deduct: Fair value of equity awards forfeited in covered fiscal year determined at end of prior fiscal year — — — — — 13,642,137 — — — 90,057 309,939 377,473 — — 
Add: Dividends or other earnings paid on equity awards in covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year — — — — — — — — — — — — — — 
Compensation
Actually Paid
7,325,748 6,932,085 5,232,702 11,287,126 2,712,210 (5,682,435)1,444,574 18,161,011 2,491,579 2,423,565 723,872 (605,281)397,558 5,337,782 
         
Non-PEO NEO Average Total Compensation Amount $ 2,744,149 $ 2,689,271 $ 2,701,795 $ 2,644,984 $ 1,215,815 $ 4,352,657
Non-PEO NEO Average Compensation Actually Paid Amount $ 2,491,579 2,423,565 723,872 (605,281) 397,558 5,337,782
Adjustment to Non-PEO NEO Compensation Footnote The values included in these columns for the “compensation actually paid” to each PEO and the average compensation actually paid to our Non-PEO NEOs have been calculated in accordance with Item 402(v) of Regulation S-K. For each fiscal period, the values included in the columns for the “compensation actually paid” to each PEO and the average “compensation actually paid” to our Non-PEO NEOs reflect the following adjustments to the values included in columns (b) and (d), respectively:
PEOs ($)Average for Non-PEO NEOs ($)
Kevin
Plank
Stephanie
Linnartz
Colin
Browne
Patrik
Frisk
FY2026FY2025FY2024FY2023FY2023FY20232022 TPFY2021FY2026FY2025FY2024FY20232022 TPFY2021
Summary Compensation
Table Total
11,597,975 10,964,002 10,482,190 11,300,000 5,481,578 8,640,309 3,978,714 15,544,913 2,744,149 2,689,271 2,701,795 2,644,984 1,215,815 4,352,657 
Adjustments to the Summary Compensation Table Total to Calculate Compensation Actually Paid
Deduct: Grant date fair value of equity awards in fiscal year as reported in Summary Compensation Table9,550,000 9,100,000 8,000,000 11,000,000 3,875,000 — 3,500,000 10,000,000 1,600,000 1,310,000 1,603,127 1,225,000 1,041,667 2,437,500 
Add: Fair value of equity awards granted in covered fiscal year at end of year7,456,500 6,157,169 4,085,844 10,987,126 2,510,891 — 3,766,267 9,390,957 1,372,957 1,180,368 687,137 654,000 1,120,916 2,289,051 
Add: Change in fair value from end of prior fiscal year to vesting date for equity awards in prior fiscal years that vested during covered fiscal year15,334 (90,208)(141,672)— (431,006)(680,607)(967,082)1,491,113 (8,666)2,475 (33,911)(290,807)(174,198)239,671 
Add: Change in fair value from end of prior fiscal year to end of covered fiscal year for equity awards made in prior fiscal years that were unvested at end of covered fiscal year(2,194,061)(998,878)(1,193,660)— (974,253)— (1,833,325)1,734,028 (16,861)(48,492)(718,083)(2,010,985)(723,308)893,903 
Add For awards that are granted and vest in the same year the fair value as of the vesting date— — — — — — — — — — — — — — 
Deduct: Fair value of equity awards forfeited in covered fiscal year determined at end of prior fiscal year — — — — — 13,642,137 — — — 90,057 309,939 377,473 — — 
Add: Dividends or other earnings paid on equity awards in covered fiscal year prior to the vesting date that are not otherwise included in the total compensation for the covered fiscal year — — — — — — — — — — — — — — 
Compensation
Actually Paid
7,325,748 6,932,085 5,232,702 11,287,126 2,712,210 (5,682,435)1,444,574 18,161,011 2,491,579 2,423,565 723,872 (605,281)397,558 5,337,782 
         
Compensation Actually Paid vs. Total Shareholder Return
The following graphical comparisons describe the relationships between certain figures included in the Pay Versus Performance Table for each of fiscal year 2026, fiscal year 2025, fiscal year 2024, fiscal year 2023, fiscal year 2021 and the transition period, including comparisons between “compensation actually paid” to each PEO and our Non-PEO NEOs and (i) our cumulative TSR, (ii) the TSR of our Peer Group, (iii) our net income and (iv) our adjusted operating income.
512
         
Compensation Actually Paid vs. Net Income
The following graphical comparisons describe the relationships between certain figures included in the Pay Versus Performance Table for each of fiscal year 2026, fiscal year 2025, fiscal year 2024, fiscal year 2023, fiscal year 2021 and the transition period, including comparisons between “compensation actually paid” to each PEO and our Non-PEO NEOs and (i) our cumulative TSR, (ii) the TSR of our Peer Group, (iii) our net income and (iv) our adjusted operating income.
514
         
Compensation Actually Paid vs. Company Selected Measure
The following graphical comparisons describe the relationships between certain figures included in the Pay Versus Performance Table for each of fiscal year 2026, fiscal year 2025, fiscal year 2024, fiscal year 2023, fiscal year 2021 and the transition period, including comparisons between “compensation actually paid” to each PEO and our Non-PEO NEOs and (i) our cumulative TSR, (ii) the TSR of our Peer Group, (iii) our net income and (iv) our adjusted operating income.
516
         
Total Shareholder Return Vs Peer Group
The following graphical comparisons describe the relationships between certain figures included in the Pay Versus Performance Table for each of fiscal year 2026, fiscal year 2025, fiscal year 2024, fiscal year 2023, fiscal year 2021 and the transition period, including comparisons between “compensation actually paid” to each PEO and our Non-PEO NEOs and (i) our cumulative TSR, (ii) the TSR of our Peer Group, (iii) our net income and (iv) our adjusted operating income.
512
         
Total Shareholder Return Amount $ 34.40 28.92 34.16 43.93 78.79 98.10
Peer Group Total Shareholder Return Amount 52.13 42.36 46.35 54.51 78.67 95.08
Net Income (Loss) $ (495,643,000) $ (201,267,000) $ 232,042,000 $ 374,459,000 $ (63,146,000) $ 351,003,000
Company Selected Measure Amount 100,251,000 212,331,000 350,810,000 309,586,000 7,564,000 518,248,000
Additional 402(v) Disclosure “TSR” stands for Total Stockholder Return. The Peer Group TSR shown in this table uses the S&P 500 Apparel, Accessories & Luxury Goods Index, which we also use in the stock performance graph required by Item 201(e) of Regulation S-K for the years reflected in the table above. The dollar amounts in columns (f) and (g) represent the value at the end of the applicable year of an assumed $100 investment in the company’s Class A Stock and the S&P 500 Apparel, Accessories & Luxury Goods Index, respectively, on the last trading day of 2020, assuming reinvestment of dividends.Net income and adjusted operating income are rounded to the nearest thousand.
The following table presents the financial performance measures that the company considers to have been the most important in linking “compensation actually paid” to each PEO and other named executive officers for fiscal year 2026 to company performance. See “Compensation Disclosure and Analysis” and Appendix A for more information.
Fiscal Year 2026 Financial Performance Measures
Adjusted Operating Income
Currency Neutral Net Revenue
Class C Common Stock Price
         
Measure:: 1            
Pay vs Performance Disclosure            
Name Adjusted Operating Income          
Non-GAAP Measure Description Adjusted operating income is calculated as described in Appendix A.          
Measure:: 2            
Pay vs Performance Disclosure            
Name Currency Neutral Net Revenue          
Measure:: 3            
Pay vs Performance Disclosure            
Name Class C Common Stock Price          
Kevin Plank [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount $ 11,597,975 $ 10,964,002        
PEO Actually Paid Compensation Amount $ 7,325,748 $ 6,932,085        
PEO Name Mr. Plank Mr. Plank        
Stephanie Linnartz [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount   $ 10,964,002 $ 10,482,190 $ 11,300,000    
PEO Actually Paid Compensation Amount     $ 5,232,702 $ 11,287,126    
PEO Name     Ms. Linnartz Ms. Linnartz    
Colin Browne [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount       $ 5,481,578    
PEO Actually Paid Compensation Amount       $ 2,712,210    
PEO Name       Mr. Browne    
Patrik Frisk [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount       $ 8,640,309 $ 3,978,714 $ 15,544,913
PEO Actually Paid Compensation Amount       $ (5,682,435) $ 1,444,574 $ 18,161,011
PEO Name       Mr. Frisk Mr. Frisk Mr. Frisk
PEO | Kevin Plank [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount $ (9,550,000) (9,100,000)        
PEO | Kevin Plank [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 7,456,500 6,157,169        
PEO | Kevin Plank [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount (2,194,061) (998,878)        
PEO | Kevin Plank [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0 0        
PEO | Kevin Plank [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 15,334 (90,208)        
PEO | Kevin Plank [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0 0        
PEO | Kevin Plank [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0 0        
PEO | Stephanie Linnartz [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     $ (8,000,000) $ (11,000,000)    
PEO | Stephanie Linnartz [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     4,085,844 10,987,126    
PEO | Stephanie Linnartz [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (1,193,660) 0    
PEO | Stephanie Linnartz [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     0 0    
PEO | Stephanie Linnartz [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     (141,672) 0    
PEO | Stephanie Linnartz [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     0 0    
PEO | Stephanie Linnartz [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount     0 0    
PEO | Colin Browne [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (3,875,000)    
PEO | Colin Browne [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       2,510,891    
PEO | Colin Browne [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (974,253)    
PEO | Colin Browne [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Colin Browne [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (431,006)    
PEO | Colin Browne [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Colin Browne [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0    
PEO | Patrik Frisk [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0 $ (3,500,000) $ (10,000,000)
PEO | Patrik Frisk [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0 3,766,267 9,390,957
PEO | Patrik Frisk [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0 (1,833,325) 1,734,028
PEO | Patrik Frisk [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0 0 0
PEO | Patrik Frisk [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (680,607) (967,082) 1,491,113
PEO | Patrik Frisk [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       (13,642,137) 0 0
PEO | Patrik Frisk [Member] | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount       0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount (1,600,000) (1,310,000) (1,603,127) (1,225,000) (1,041,667) (2,437,500)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 1,372,957 1,180,368 687,137 654,000 1,120,916 2,289,051
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount (16,861) (48,492) (718,083) (2,010,985) (723,308) 893,903
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0 0 0 0 0 0
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount (8,666) 2,475 (33,911) (290,807) (174,198) 239,671
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount 0 (90,057) (309,939) (377,473) 0 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ 0 $ 0