Company: UAA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001336917-25-000136
Chunk: 22

Company: Under Armour, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 June 30, 2025 (March 31, 2025: 188,822,726) 63 63 Class B Convertible Common Stock, $0.0003 1/3 par value; 34,450,000 shares authorized, issued and outstanding as of June 30, 2025 and March 31, 202511 11 Class C Common Stock, $0.0003 1/3 par value; 400,000,000 shares authorized as of June 30, 2025 and March 31, 2025; 205,416,539 shares issued and outstanding as of June 30, 2025 (March 31, 2025: 202,720,745)68 67 Additional paid-in capital1,250,568 1,237,798 Retained earnings736,180 746,277 Accumulated other comprehensive income (loss)(112,461)(93,938)Total stockholders' equity1,874,429 1,890,278 Total liabilities and stockholders' equity$4,865,191 $4,300,871 

Commitments and Contingencies (Note 8)

See accompanying notes.

1

Table of Contents            

UNDER ARMOUR, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

 (Unaudited; In thousands, except per share amounts)

Three Months Ended June 30,20252024Net revenues (Note 10)$1,134,068 $1,183,665 Cost of goods sold587,572 620,990 Gross profit546,496 562,675 Selling, general and administrative expenses530,345 837,317 Restructuring charges (Note 11)12,828 25,086 Income (loss) from operations3,323 (299,728)Interest income (expense), net(4,051)2,344 Other income (expense), net(4,695)(2,730)Income (loss) before income taxes(5,423)(300,114)Income tax expense (benefit) (Note 15)(2,658)5,149 Income (loss) from equity method investments153 (163)Net income (loss)$(2,612)$(305,426)Basic net income (loss) per share of Class A, B and C common stock (Note 16)