Under Armour, Inc.
Under Armour, Inc.
Under Armour, Inc. (UAA) — SEC Financial Statements & Analysis
Under Armour, Inc. (UAA) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Common Class A | 0 | 0 | 189 | 0 | 0 | 189 | 0 | 0 | 189 | |||||
Common Class C | 2 | -5 | 206 | -2 | 0 | 209 | -10 | -7 | 222 | |||||
Assets | ||||||||||||||
Assets Current | ||||||||||||||
Cash And Cash Equivalents At Carrying Value | 465 | 396 | 911 | 727 | 531 | 885 | 1,039 | 655 | 703 | |||||
Accounts Receivable Net Current | 612 | 688 | 624 | 615 | 723 | 685 | 692 | 805 | 695 | |||||
Inventory Net | 1,075 | 1,037 | 1,142 | 1,101 | 1,106 | 1,120 | 1,104 | 1,144 | 1,320 | |||||
Restricted Investments Current | 600 | 604 | - | - | - | - | - | - | - | |||||
Prepaid Expense And Other Assets Current | 239 | 218 | 226 | 248 | 210 | 279 | 287 | 267 | 265 | |||||
Assets Current | 2,989 | 2,944 | 2,903 | 2,691 | 2,570 | 2,968 | 3,123 | 2,872 | 2,984 | |||||
Property Plant And Equipment Net | 593 | 605 | 613 | 651 | 677 | 671 | 714 | 688 | 679 | |||||
Operating Lease Right Of Use Asset | 367 | 373 | 365 | 392 | 415 | 419 | 456 | 449 | 465 | |||||
Goodwill | 495 | 495 | 496 | 485 | 495 | 476 | 482 | 474 | 480 | |||||
Intangible Assets Net Excluding Goodwill | 4 | 5 | 5 | 6 | 6 | 6 | 8 | 8 | 9 | |||||
Deferred Income Tax Assets Net | 68 | 306 | 315 | 244 | 242 | 228 | 211 | 197 | 195 | |||||
Other Assets Noncurrent | 113 | 172 | 168 | 163 | 89 | 92 | 51 | 58 | 56 | |||||
Assets | 4,630 | 4,899 | 4,865 | 4,631 | 4,495 | 4,861 | 5,045 | 4,747 | 4,867 | |||||
Liabilities And Stockhold… | ||||||||||||||
Liabilities Current | ||||||||||||||
Long Term Debt Current | 600 | 599 | 600 | 0 | 0 | 0 | 81 | 81 | 81 | |||||
Accounts Payable Current | 664 | 470 | 635 | 657 | 563 | 698 | 699 | 542 | 714 | |||||
Accrued Liabilities Current | 471 | 328 | 333 | 323 | 292 | 698 | 323 | 312 | 334 | |||||
Customer Refund Liability Current | 143 | 135 | 141 | 170 | 145 | 131 | 161 | 149 | 136 | |||||
Operating Lease Liability Current | 141 | 137 | 129 | 128 | 136 | 135 | 143 | 139 | 140 | |||||
Other Liabilities Current | 70 | 67 | 59 | 63 | 46 | 57 | 59 | 59 | 60 | |||||
Liabilities Current | 2,089 | 1,737 | 1,895 | 1,341 | 1,181 | 1,718 | 1,466 | 1,283 | 1,464 | |||||
Long Term Debt Noncurrent | 390 | 590 | 389 | 595 | 595 | 595 | 595 | 595 | 594 | |||||
Operating Lease Liability Noncurrent | 558 | 573 | 558 | 582 | 601 | 612 | 654 | 658 | 677 | |||||
Other Liabilities Noncurrent | 157 | 144 | 148 | 128 | 132 | 118 | 156 | 122 | 126 | |||||
Liabilities | 3,195 | 3,044 | 2,991 | 2,646 | 2,509 | 3,044 | 2,871 | 2,657 | 2,862 | |||||
Stockholders Equity | ||||||||||||||
Additional Paid In Capital Common Stock | 1,268 | 1,264 | 1,251 | 1,224 | 1,212 | 1,199 | 1,171 | 1,163 | 1,149 | |||||
Retained Earnings Accumulated Deficit | 261 | 692 | 736 | 840 | 864 | 694 | 1,085 | 994 | 936 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -94 | -100 | -112 | -80 | -91 | -77 | -83 | -67 | -80 | |||||
Stockholders Equity | 1,435 | 1,856 | 1,874 | 1,985 | 1,985 | 1,817 | 2,134 | 2,054 | 1,975 | |||||
Liabilities And Stockholders Equity | 4,630 | 4,899 | 4,865 | 4,631 | 4,495 | 4,861 | 5,045 | 4,747 | 4,867 | |||||
Convertible Common Stock | 0 | 0 | 34 | 0 | 0 | 34 | 0 | 0 | 34 | |||||
Allowance For Doubtful Accounts Receivable | 15 | 18 | 18 | - | - | - | - | - | - | |||||
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Earnings Market Reaction
| Fiscal Year | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | -8.09% | -8.64% | -11.58% | 1.54% | 2.20% | 39.56% | - | - | - |
| 2024 | -0.26% | 15.95% | 11.93% | -12.76% | -24.71% | -24.35% | 1.23% | 5.06% | -16.56% |
| 2023 | 1.03% | -11.38% | -15.01% | 15.90% | 18.46% | 3.50% | 0.72% | -3.46% | 15.27% |
| 2022 | - | - | - | - | - | - | 10.28% | 7.18% | 10.42% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | - | 1.43 | 1.69 | 1.53 | - | 2.01 | 2.18 | 1.73 | - | 2.13 | 2.24 | 2.04 | |||||
| Quick Ratio | - | 0.80 | 0.97 | 0.81 | - | 1.00 | 1.06 | 0.91 | - | 1.18 | 1.14 | 0.96 | |||||
| Working Capital | - | 899.56M | 1.21B | 1.01B | - | 1.35B | 1.39B | 1.25B | - | 1.66B | 1.59B | 1.52B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | - | 2.23 | 1.64 | 1.60 | - | 1.33 | 1.26 | 1.68 | - | 1.35 | 1.29 | 1.45 | |||||
| Debt Ratio | - | 0.69 | 0.62 | 0.61 | - | 0.57 | 0.56 | 0.63 | - | 0.57 | 0.56 | 0.59 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | - | 0.82 | 0.82 | 0.81 | - | 0.82 | 0.88 | 0.87 | - | 0.89 | 0.94 | 0.94 | |||||
| Days Sales Outstanding TTM | - | 59.00 | 66.59 | 60.70 | - | 59.88 | 68.55 | 59.46 | - | 58.14 | 65.16 | 56.68 | |||||
| Receivables Turnover TTM | - | 6.19 | 5.48 | 6.01 | - | 6.10 | 5.32 | 6.14 | - | 6.28 | 5.60 | 6.44 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -1.06 | -1.06 | -0.05 | 0.40 | -0.31 | -0.31 | -0.06 | -0.21 | 0.50 | 0.50 | 0.52 | 0.48 | |||||
| Free Cash Flow Per Share TTM | 0.43 | 0.44 | 0.43 | -0.21 | 0.01 | 0.01 | 0.28 | 1.16 | 0.82 | 0.82 | 0.01 | -0.37 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 46.55% | 46.55% | 47.62% | 48.49% | 48.30% | 48.30% | 47.42% | 46.78% | 46.47% | 46.47% | 46.10% | 45.25% | |||||
| Operating Profit Margin TTM | -3.41% | -3.41% | 0.88% | 4.83% | -2.84% | -2.84% | -1.36% | -2.10% | 5.34% | 5.34% | 5.75% | 5.29% | |||||
| Net Profit Margin TTM | -11.92% | -11.92% | -0.52% | 4.30% | -3.36% | -3.36% | -0.60% | -2.12% | 5.16% | 5.16% | 5.29% | 4.89% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -4.73% | -4.73% | -4.92% | -7.13% | -8.83% | -8.83% | -8.88% | -5.28% | -3.00% | -27.58% | -25.55% | -22.56% | |||||
| Net Income Growth (1Y) | 237.98% | 237.98% | -16.87% | -287.86% | -159.35% | -159.35% | -110.28% | -141.16% | 4.28% | -30.81% | -25.61% | -24.63% | |||||
| EPS Growth (1Y) | 242.47% | 243.47% | -16.12% | -291.63% | -160.46% | -160.11% | -110.55% | -142.03% | 6.91% | -28.99% | -23.80% | -22.34% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -5.57 | -4.67 | -105.86 | 17.26 | -20.19 | -26.72 | -158.54 | -32.30 | 14.41 | 17.05 | 12.86 | 14.70 | |||||
| P/B | - | 1.47 | 1.15 | 1.56 | - | 1.80 | 1.94 | 1.60 | - | 1.80 | 1.48 | 1.63 | |||||
| P/S TTM | 0.66 | 0.56 | 0.55 | 0.74 | 0.68 | 0.90 | 0.95 | 0.69 | 0.74 | 0.88 | 0.68 | 0.72 | |||||
| Market Cap | 2.52B | 2.11B | 2.14B | 2.92B | 2.70B | 3.57B | 3.85B | 2.91B | 3.25B | 3.84B | 3.04B | 3.21B | |||||
| Enterprise Value | 2.52B | 2.63B | 2.93B | 2.98B | 2.70B | 3.55B | 4.03B | 2.73B | 3.25B | 3.46B | 3.04B | 3.17B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 185.11M | 185.11M | 186.10M | -90.78M | 3.02M | 3.02M | 120.31M | 506.18M | 360.32M | 360.32M | 3.24M | -163.53M | |||||
| Net Debt | 0.00 | 521.34M | 789.45M | 64.06M | 0.00 | -22.05M | 180.44M | -172.80M | 0.00 | -381.18M | 2.94M | -44.84M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
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| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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