Under Armour Inc
U9RA.DE
â‚Ŧ6.42 1.49%
Exchange: XETRA | Sector: Consumer Cyclical | Industry: Apparel Manufacturers
Q2 2025
Published: Nov 7, 2024

Earnings Highlights

  • Revenue of $1.40B down 5.9% year-over-year
  • EPS of $0.39 increased by 50% from previous year
  • Gross margin of 49.8%
  • Net income of 170.38M
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U9RA.DE
Company U9RA.DE

Executive Summary

Under Armour reported QQ2 2025 results with revenue of $1.399 billion, down 5.9% year-over-year but up 18.2% quarter-over-quarter. The company delivered a solid gross margin of 49.8% and an operating margin of 12.4%, with net income of $170.4 million and earnings per share of $0.39. Despite a positive bottom line, operating cash flow remained negative at -$321.4 million and free cash flow was -$367.2 million, reflecting a substantial working capital build (change in working capital of -$505.3 million) and ongoing investments that weighed on cash generation. The balance sheet remains relatively healthy, with cash of $530.7 million and total debt of $1.3318 billion, yielding a net debt of $801.1 million and a net debt to EBITDA backdrop that supports a cautious but constructive view on liquidity.

Key Performance Indicators

Revenue
Decreasing
1.40B
QoQ: 18.19% | YoY: -5.86%
Gross Profit
Increasing
696.13M
49.76% margin
QoQ: 23.72% | YoY: 3.80%
Operating Income
Increasing
173.08M
QoQ: 157.75% | YoY: 142.38%
Net Income
Increasing
170.38M
QoQ: 155.79% | YoY: 53.84%
EPS
Increasing
0.39
QoQ: 155.71% | YoY: 50.00%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 1,134.07 -0.01 -14.9% View
Q3 2025 1,401.04 0.00 +5.2% View
Q2 2025 1,399.02 0.39 -5.9% View
Q1 2025 1,183.67 -0.70 -20.4% View
Q4 2024 1,332.06 0.00 -15.0% View