Company: UAA
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001336917-25-000198
Chunk: 158

Company: Under Armour, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 2
Chunk 158
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1,357,157 52.5 %Restructuring charges31,906 2.4 %3,212 0.2 %44,734 1.8 %28,298 1.1 %Income (loss) from operations17,046 1.3 %173,080 12.4 %20,369 0.8 %(126,648)(4.9)%Interest income (expense), net(8,605)(0.6)%(1,747)(0.1)%(12,656)(0.5)%597 — %Other income (expense), net(942)(0.1)%(3,420)(0.2)%(5,637)(0.2)%(6,150)(0.2)%Income (loss) before income taxes7,499 0.6 %167,913 12.0 %2,076 0.1 %(132,201)(5.1)%Income tax expense (benefit)25,940 1.9 %(2,136)(0.2)%23,282 0.9 %3,013 0.1 %Income (loss) from equity method investments(373)— %333 — %(220)— %170 — %Net income (loss)$(18,814)(1.4)%$170,382 12.2 %$(21,426)(0.9)%$(135,044)(5.2)%

Revenues

Net revenues consist of net sales and license revenues. Net sales consist of sales from apparel, footwear and accessories products. Our license revenues primarily consist of fees paid to us by licensees in exchange for the use of our trademarks on their products. The following tables summarize net revenues by product category and distribution channel for the periods indicated:

Three Months Ended September 30,Six Months Ended September 30,20252024Change ($)Change (%)20252024Change ($)Change (%)Net Revenues by Product Category:Apparel$936,483 $947,188 $(10,705)(1.1)%$1,683,075 $1,704,980 $(21,905)(1.3)%Footwear263,626 312,760 (49,134)(15.7)%529,481 623,149 (93,668)(15.0)%Accessories113,077