Under Armour Inc. (UAA) financial statements: income statement, balance sheet and cash flow
Under Armour Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Mar 31, 2026 · FY), Under Armour Inc. reported revenue of $5.0B (-3.8% year on year) and net income of ($495.6M) (-146.3% year on year).
Income statement
Under Armour Inc. income statement, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Net revenues (Note 10)
$5.0B
$5.2B
$5.7B
$5.9B
Cost of goods sold
$2.7B
$2.7B
$3.1B
$3.3B
Gross profit
$2.3B
$2.5B
$2.6B
$2.6B
Selling, general and administrative expenses
$2.3B
$2.6B
$2.4B
$2.4B
Restructuring charges (Note 11)
$127.7M
$58.0M
$0
$0
Income (loss) from operations
($163.1M)
($185.2M)
$229.8M
$283.8M
Interest income (expense), net
($30.3M)
($6.1M)
$268.0K
($12.8M)
Other income (expense), net
($7.3M)
($13.4M)
$32.1M
$16.8M
Income (loss) before income taxes
($200.7M)
($204.8M)
$262.1M
$287.8M
Income tax expense (benefit) (Note 15)
$294.8M
($2.9M)
$30.0M
($101.0M)
Income (loss) from equity method investments
($215.0K)
$605.0K
($26.0K)
($2.0M)
Net income (loss)
($495.6M)
($201.3M)
$232.0M
$386.8M
Basic net income (loss) per share of Class A, B and C common stock (in dollars per share)
-$1.16
-$0.47
$0.53
$0.86
Diluted net income (loss) per share of Class A, B and C common stock (in dollars per share)
-$1.16
-$0.47
$0.52
$0.84
Basic (in shares)
426.6M
432.2M
440.3M
451.4M
Diluted (in shares)
426.6M
432.2M
451.0M
461.5M
Under Armour Inc. income statement, quarters
Line item
Jun 30, 2026 · Q1
Dec 31, 2025 · Q3
Sep 30, 2025 · Q2
Jun 30, 2025 · Q1
Net revenues (Note 10)
$1.1B
$1.3B
$1.3B
$1.1B
Cost of goods sold
$504.1M
$738.0M
$702.8M
$587.6M
Gross profit
$593.8M
$589.7M
$630.6M
$546.5M
Selling, general and administrative expenses
$543.1M
$664.5M
$581.6M
$530.3M
Restructuring charges (Note 11)
$4.0M
$75.0M
$31.9M
$12.8M
Income (loss) from operations
$46.7M
($149.8M)
$17.0M
$3.3M
Interest income (expense), net
($10.6M)
($8.9M)
($8.6M)
($4.1M)
Other income (expense), net
($7.0M)
($1.6M)
($942.0K)
($4.7M)
Income (loss) before income taxes
$29.1M
($160.3M)
$7.5M
($5.4M)
Income tax expense (benefit) (Note 15)
$28.3M
$270.6M
$25.9M
($2.7M)
Income (loss) from equity method investments
($222.0K)
$33.0K
($373.0K)
$153.0K
Net income (loss)
$545.0K
($430.8M)
($18.8M)
($2.6M)
Basic net income (loss) per share of Class A, B and C common stock (in dollars per share)
$0.00
-$1.01
-$0.04
-$0.01
Diluted net income (loss) per share of Class A, B and C common stock (in dollars per share)
$0.00
-$1.01
-$0.04
-$0.01
Basic (in shares)
427.8M
424.8M
428.4M
427.1M
Diluted (in shares)
431.9M
424.8M
428.4M
427.1M
Balance sheet
Under Armour Inc. balance sheet, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Cash and cash equivalents
$309.2M
$501.4M
$858.7M
$711.9M
Accounts receivable, net of allowance for doubtful accounts of $5,018 and $17,020 as of March 31, 2026 and March 31, 2025, respectively.
$681.9M
$675.8M
$757.3M
$759.9M
Inventories
$914.8M
$945.8M
$958.5M
$1.2B
Restricted investments (Note 7)
$605.4M
—
—
—
Prepaid expenses and other current assets, net
$207.5M
$206.1M
$289.2M
$297.6M
Total current assets
$2.7B
$2.3B
$2.9B
$3.0B
Property and equipment, net (Note 3)
$599.0M
$645.1M
$664.5M
$672.7M
Operating lease right-of-use assets (Note 4)
$429.6M
$384.3M
$434.7M
$489.3M
Goodwill (Note 5)
$492.8M
$487.6M
$478.3M
$482.0M
Intangible assets, net
$4.5M
$5.2M
$7.0M
$8.9M
Deferred income taxes (Note 15)
$52.3M
$286.2M
$221.0M
$186.2M
Other long-term assets
$118.9M
$163.3M
$91.5M
$58.4M
Total assets
$4.4B
$4.3B
$4.8B
$4.9B
Current maturities of long-term debt (Note 7)
$599.8M
$0
$80.9M
—
Accounts payable
$420.1M
$429.9M
$483.7M
$649.1M
Accrued expenses
$331.4M
$348.7M
$287.9M
$354.6M
Customer refund liabilities (Note 10)
$126.1M
$146.0M
$139.3M
$160.5M
Operating lease liabilities (Note 4)
$153.1M
$130.1M
$139.3M
$141.0M
Other current liabilities
$46.3M
$54.4M
$34.3M
$51.6M
Total current liabilities
$1.7B
$1.1B
$1.2B
$1.4B
Long-term debt, net of current maturities (Note 7)
$590.6M
$595.1M
$594.9M
$674.5M
Operating lease liabilities, non-current (Note 4)
$596.1M
$574.3M
$627.7M
$705.7M
Other long-term liabilities
$137.8M
$132.0M
$219.4M
$121.6M
Total liabilities
$3.0B
$2.4B
$2.6B
$2.9B
Common stock
$141.0K
$141.0K
$144.0K
$147.0K
Additional paid-in capital
$1.3B
$1.2B
$1.2B
$1.1B
Retained earnings
$217.4M
$746.3M
$1.0B
$929.6M
Accumulated other comprehensive income (loss)
($81.6M)
($93.9M)
($77.1M)
($67.8M)
Total stockholders' equity
$1.4B
$1.9B
$2.2B
$2.0B
Total liabilities and stockholders' equity
$4.4B
$4.3B
$4.8B
$4.9B
Under Armour Inc. balance sheet, quarters
Line item
Jun 30, 2026
Dec 31, 2025
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$396.0M
$464.6M
$396.0M
$911.0M
Accounts receivable, net of allowance for doubtful accounts of $5,870 and $5,018 as of June 30, 2026 and March 31, 2026, respectively
$646.1M
$611.5M
$688.5M
$623.7M
Inventories
$1.1B
$1.1B
$1.0B
$1.1B
Restricted investments (Note 7)
$0
$599.8M
$604.1M
—
Prepaid expenses and other current assets, net
$217.8M
$238.5M
$218.1M
$226.3M
Total current assets
$2.4B
$3.0B
$2.9B
$2.9B
Property and equipment, net (Note 3)
$585.0M
$592.7M
$605.3M
$613.2M
Operating lease right-of-use assets (Note 4)
$478.6M
$367.0M
$372.8M
$365.0M
Goodwill (Note 5)
$493.3M
$495.2M
$495.0M
$496.2M
Intangible assets, net
$4.6M
$4.4M
$4.8M
$5.1M
Deferred income taxes (Note 15)
$55.2M
$68.4M
$306.2M
$314.7M
Other long-term assets
$112.2M
$113.3M
$171.6M
$168.2M
Total assets
$4.1B
$4.6B
$4.9B
$4.9B
Current maturities of long-term debt (Note 7)
$0
$599.7M
$599.4M
$599.8M
Accounts payable
$669.0M
$664.5M
$470.3M
$635.2M
Accrued expenses
$310.1M
$471.3M
$328.4M
$332.7M
Customer refund liabilities (Note 10)
$109.6M
$143.4M
$135.0M
$140.5M
Operating lease liabilities (Note 4)
$152.6M
$140.7M
$137.4M
$128.6M
Other current liabilities
$67.2M
$69.9M
$66.6M
$58.6M
Total current liabilities
$1.3B
$2.1B
$1.7B
$1.9B
Long-term debt, net of current maturities (Note 7)
$591.2M
$390.0M
$589.8M
$389.5M
Operating lease liabilities, non-current (Note 4)
$632.3M
$558.1M
$573.2M
$557.9M
Other long-term liabilities
$138.0M
$157.3M
$143.7M
$148.1M
Total liabilities
$2.7B
$3.2B
$3.0B
$3.0B
Common stock
$142.0K
$140.0K
$140.0K
$142.0K
Additional paid-in capital
$1.3B
$1.3B
$1.3B
$1.3B
Retained earnings
$210.4M
$261.0M
$692.1M
$736.2M
Accumulated other comprehensive income (loss)
($72.6M)
($94.1M)
($100.4M)
($112.5M)
Total stockholders' equity
$1.4B
$1.4B
$1.9B
$1.9B
Total liabilities and stockholders' equity
$4.1B
$4.6B
$4.9B
$4.9B
Cash flow statement
Under Armour Inc. cash flow statement, fiscal years
Line item
Mar 31, 2026 · FY
Mar 31, 2025 · FY
Mar 31, 2024 · FY
Mar 31, 2023 · FY
Net income (loss)
($495.6M)
($201.3M)
$232.0M
$386.8M
Depreciation and amortization
$109.6M
$135.8M
$142.6M
$137.6M
Unrealized foreign currency exchange rate (gain) loss
$8.5M
($14.6M)
$16.1M
($8.5M)
Loss on disposal of property and equipment
$4.5M
$6.4M
$1.6M
$2.6M
Non-cash restructuring and impairment charges
$105.3M
$53.8M
$6.2M
$2.0M
Amortization of bond premium and debt issuance costs
$2.9M
$2.3M
$2.0M
$2.2M
Stock-based compensation
$45.6M
$53.0M
$43.0M
$36.8M
Deferred income taxes
$243.4M
($61.8M)
($23.7M)
($152.4M)
Changes in reserves and allowances
($13.3M)
$4.4M
$13.6M
$11.7M
Accounts receivable
($1.1M)
$80.0M
($3.9M)
($62.2M)
Inventories
$39.3M
$10.9M
$216.5M
($373.7M)
Prepaid expenses and other assets
($31.8M)
$13.1M
($29.1M)
($36.7M)
Other non-current assets
($90.0M)
($41.8M)
$34.9M
($52.8M)
Accounts payable
$5.9M
($58.5M)
($197.9M)
$77.6M
Accrued expenses and other liabilities
$10.5M
($62.7M)
($18.3M)
$12.1M
Customer refund liabilities
($19.8M)
$6.8M
($21.4M)
$851.0K
Income taxes payable and receivable
$1.1M
$14.8M
($60.4M)
$6.1M
Net cash provided by (used in) operating activities
($75.1M)
($59.3M)
$354.0M
($9.9M)
Purchases of property and equipment
($87.1M)
($168.7M)
($150.3M)
($187.8M)
Purchase of restricted investment
($601.2M)
—
—
—
Sale of MyFitnessPal platform
$0
$50.0M
$45.0M
$0
Sale of MapMyFitness platform
$0
$8.0M
—
$35.0M
Purchase of UNLESS COLLECTIVE, Inc, net of cash acquired
($500.0K)
($8.1M)
—
$0
Purchase of equity method investment in ISC Sport
$0
($7.5M)
—
—
Net cash provided by (used in) investing activities
($688.8M)
($126.3M)
($105.3M)
($152.8M)
Common stock repurchased
($25.0M)
($90.0M)
($75.0M)
($125.0M)
Proceeds from long-term debt and revolving credit facility
$890.0M
—
—
$0
Repayment of long-term debt and revolving credit facility
($290.0M)
($80.9M)
$0
$0
Employee taxes paid for shares withheld for income taxes
-8.3M
-9.7M
-6.2M
-5.2M
Excise tax paid on repurchases of common stock
($743.0K)
($628.0K)
—
—
Proceeds from exercise of stock options and other stock issuances
2.2M
2.5M
3.2M
3.8M
Payments of debt financing costs
($7.5M)
($2.1M)
($720.0K)
$0
Net cash provided by (used in) financing activities
$560.6M
($180.8M)
($78.7M)
($126.4M)
Effect of exchange rate changes on cash, cash equivalents and restricted cash
$280.0K
$4.6M
($19.8M)
($5.3M)
Net increase (decrease) in cash, cash equivalents and restricted cash
($203.0M)
($361.9M)
$150.2M
($294.4M)
Beginning of period
$515.1M
$876.9M
$726.7M
$1.0B
End of period
$312.1M
$515.1M
$876.9M
$727.7M
Accrual for property and equipment
$11.2M
$11.3M
($5.6M)
$7.6M
Cash paid (received) for income taxes, net of refunds
$41.9M
$28.9M
$83.1M
$28.5M
Cash paid (received) for interest, net of capitalized interest
$34.0M
$10.5M
$4.4M
$19.2M
Cash and cash equivalents
$309.2M
—
$858.7M
$711.9M
Restricted cash
$2.9M
—
$18.2M
$15.8M
Total cash, cash equivalents and restricted cash
$312.1M
—
$876.9M
$727.7M
Under Armour Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · Q1
Dec 31, 2025 · YTD
Sep 30, 2025 · YTD
Jun 30, 2025 · Q1
Net income (loss)
$545.0K
($452.3M)
($21.4M)
($2.6M)
Depreciation and amortization
$25.4M
$83.5M
$56.2M
$29.0M
Unrealized foreign currency exchange rate (gain) loss
$2.0M
($49.0K)
$4.2M
($2.3M)
Loss on disposal of property and equipment
$81.0K
$3.9M
$3.9M
$3.6M
Non-cash restructuring and impairment charges (recoveries)
($1.7M)
$99.5M
$29.1M
$7.7M
Amortization of bond premium and debt issuance costs
$714.0K
$2.1M
$1.3M
$603.0K
Stock-based compensation
$11.3M
$35.8M
$25.0M
$12.2M
Deferred income taxes
($3.3M)
$217.4M
($20.5M)
($29.0M)
Changes in reserves and allowances
$2.6M
($7.2M)
($1.8M)
$4.0M
Accounts receivable
$36.5M
$64.9M
($15.2M)
$50.9M
Inventories
($193.5M)
($121.6M)
($86.4M)
($196.6M)
Prepaid expenses and other current assets
($14.5M)
($48.2M)
($25.5M)
($12.0M)
Other long-term assets
($44.8M)
($27.3M)
($20.8M)
$9.8M
Accounts payable
$243.4M
$252.8M
$58.0M
$213.7M
Accrued expenses and other liabilities
$36.5M
$114.3M
($29.4M)
($51.4M)
Customer refund liabilities
($16.2M)
($2.4M)
($10.9M)
($5.2M)
Income taxes payable and receivable
$24.2M
$41.8M
$33.1M
$16.4M
Net cash provided by (used in) operating activities
$109.1M
$257.1M
($21.0M)
$48.9M
Purchases of property and equipment
($14.6M)
($72.0M)
($55.9M)
($35.4M)
Proceeds from restricted investment to settle satisfied and discharged debt
$600.0M
—
—
—
Net cash provided by (used in) investing activities
$585.4M
($673.7M)
($657.6M)
($35.4M)
Proceeds from long-term debt and revolving credit facility
$25.0M
$600.0M
$600.0M
$400.0M
Repayment of long-term debt and revolving credit facility
($25.0M)
($200.0M)
$0
$0
Settlement of satisfied and discharged debt
($600.0M)
—
—
—
Employee taxes paid for shares withheld for income taxes
-7.5M
-8.0M
-7.7M
-7.5M
Proceeds from exercise of stock options and other stock issuances
419.0K
1.7M
1.2M
552.0K
Payments of debt financing costs
$0
($7.4M)
($7.2M)
($5.8M)
Net cash provided by (used in) financing activities
($607.1M)
$360.5M
$560.5M
$387.3M
Effect of exchange rate changes on cash, cash equivalents and restricted cash
($634.0K)
$9.5M
$2.8M
$9.3M
Net increase (decrease) in cash, cash equivalents and restricted cash