
Under Armour, Inc.
UAAFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
3/31/2025
Revenue
5,164
Cost of Revenue
2,690
Gross Profit
2,475
Gross Margin
47.9%
Operating Income
-185
Operating Margin
-3.6%
Net Income
-201
Net Margin
-3.9%
EPS (Basic)
$-0.47
EPS (Diluted)
$-0.47
EBITDA
9
EBITDA Margin
0.2%
2024
3/31/2024
Revenue
5,702
Cost of Revenue
3,072
Gross Profit
2,630
Gross Margin
46.1%
Operating Income
230
Operating Margin
4.0%
Net Income
232
Net Margin
4.1%
EPS (Basic)
$0.53
EPS (Diluted)
$0.52
EBITDA
372
EBITDA Margin
6.5%
2023
3/31/2023
Revenue
5,903
Cost of Revenue
3,259
Gross Profit
2,644
Gross Margin
44.8%
Operating Income
264
Operating Margin
4.5%
Net Income
374
Net Margin
6.3%
EPS (Basic)
$0.87
EPS (Diluted)
$0.87
EBITDA
399
EBITDA Margin
6.8%
2021
12/31/2021
Revenue
5,683
Cost of Revenue
2,822
Gross Profit
2,861
Gross Margin
50.3%
Operating Income
486
Operating Margin
8.6%
Net Income
360
Net Margin
6.3%
EPS (Basic)
$0.79
EPS (Diluted)
$0.79
EBITDA
668
EBITDA Margin
11.8%
2020
12/31/2020
Revenue
4,475
Cost of Revenue
2,315
Gross Profit
2,160
Gross Margin
48.3%
Operating Income
-613
Operating Margin
-13.7%
Net Income
-549
Net Margin
-12.3%
EPS (Basic)
$-1.21
EPS (Diluted)
$-1.21
EBITDA
153
EBITDA Margin
3.4%