Every 10-Q that Under Armour, Inc. (UA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow UA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UA filings page.
Under Armour, Inc. reported slightly lower sales but improved profitability for the three months ended June 30, 2026. Total net revenues were $1,097,927 thousand, down 3.2%, as wholesale revenue fell 1.6% and direct-to-consumer revenue declined 5.8%. By product, apparel revenue decreased 1.7%, footwear 7.7% and accessories 4.4%. Regionally, North America revenue declined 9.0%, while EMEA grew 12.1%, Asia-Pacific fell 6.6% and Latin America rose 7.7%.
Profitability improved: gross margin increased 590 basis points to 54.1%, helped by approximately $70 million of IEEPA tariff refunds recorded in cost of goods sold and lower restructuring charges. Operating income rose to $46,739 thousand from $3,323 thousand, and net income was $545 thousand versus a prior-year loss of $2,612 thousand, though a 97.4% effective tax rate limited bottom-line benefit.
Operating cash flow strengthened to $109,137 thousand. The company fully settled its $600,000 thousand 3.25% Senior Notes due 2026, leaving $400,000 thousand of 7.25% Senior Notes due 2030 and $200,000 thousand outstanding under the credit facility. A 2025 restructuring plan now totals up to $305,000 thousand of expected charges, with $266,300 thousand recorded to date and completion targeted by December 31, 2026. Cash IEEPA tariff refunds of $101,000 thousand were received, and supply chain finance payables increased to $292,000 thousand.
Under Armour reported a sharp loss for the quarter ended December 31, 2025 as restructuring, legal and tax items weighed on results. Net revenues fell to $1.33 billion from $1.40 billion, driven by softer apparel and footwear sales across both wholesale and direct-to-consumer channels.
The company posted an operating loss of $149.8 million versus operating income of $13.5 million a year earlier, including $75.0 million of restructuring charges tied to a 2025 restructuring plan and separation of the Curry Brand. Net loss widened to $430.8 million, compared with $1.2 million of net income in the prior-year quarter, as interest expense rose and income tax expense increased to $270.6 million due largely to valuation allowances on U.S. deferred tax assets.
For the first nine months of the fiscal year, net revenues were $3.80 billion and net loss was $452.3 million. Despite the losses, operating activities generated $257.1 million of cash. Under Armour issued $400 million of 7.25% notes due 2030 and defeased $600 million of 3.25% notes due 2026 using restricted investments, while keeping its $1.1 billion revolving credit facility undrawn. The company also continued a Class C share repurchase program and recorded an accrual of $98.5 million related to insurance coverage litigation and repayment of $90 million of previously received proceeds.
Under Armour reported quarterly results. For the three months ended September 30, 2025, net revenues were $1,333,380 with a net loss of $18,814, compared to a profit a year ago. Gross profit was $630,584 as cost of goods sold held roughly flat while SG&A of $581,632 and restructuring charges of $31,906 weighed on operating income, which fell to $17,046. Interest expense also rose.
On the balance sheet, cash was $395,991 and inventories $1,037,166. Current maturities of long-term debt were $599,439. The company issued $400,000 of 7.25% senior notes due 2030, borrowed $200,000 under its revolver, and satisfied and discharged its 3.25% notes due 2026, with related trust assets shown in restricted investments of $604,065. It repurchased $25,000 of Class C stock, retiring 5.2 million shares under its authorization.
By quarter end, total liabilities were $3,043,800 and stockholders’ equity was $1,855,678. A previously disclosed derivative litigation settlement received final state court approval, and related insurance coverage litigation remains on appeal.