Company: UAA
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001336917-25-000016
Chunk: 79

Company: Under Armour, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 79
---
Net revenues$1,401,039 $1,486,043 $3,983,727 $4,369,682 Cost of goods sold735,884 815,404 2,059,765 2,339,025 Gross profit665,155 670,639 1,923,962 2,030,657 Selling, general and administrative expenses637,701 599,230 1,994,858 1,797,352 Restructuring charges13,945 — 42,243 — Income (loss) from operations13,509 71,409 (113,139)233,305 Interest income (expense), net(3,391)(211)(2,794)(2,210)Other income (expense), net(2,563)47,927 (8,713)35,763 Income (loss) before income taxes7,555 119,125 (124,646)266,858 Income tax expense (benefit)6,295 8,569 9,308 41,333 Income (loss) from equity method investments(26)197 144 (51)Net income (loss)$1,234 $110,753 $(133,810)$225,474 

Three Months Ended December 31,Nine Months Ended December 31,(As a percentage of net revenues)2024202320242023Net revenues100.0 %100.0 %100.0 %100.0 %Cost of goods sold52.5 %54.9 %51.7 %53.5 %Gross profit47.5 %45.1 %48.3 %46.5 %Selling, general and administrative expenses45.5 %40.3 %50.1 %41.1 %Restructuring charges1.0 %— %1.1 %— %Income (loss) from operations1.0 %4.8 %(2.8)%5.3 %Interest income (expense), net(0.2)%— %(0.1)%(0.1)%Other income (expense), net(0.2)%3.2 %(0.2)%0.8 %Income (loss) before income taxes0.5 %8.0 %(3.1