Under Armour, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 6, 2026, covering the three and six months ended September 30, 2026.

Key Highlights

  • Net revenues of $1.241 billion for the three months ended September 30, 2026, down from $1.333 billion in the same period a year earlier, according to the filing.
  • Net loss of $425 thousand for the three-month period, compared with a net loss of $18.814 million in the prior-year quarter, the company reported.
  • Six-month net income of $120 thousand for the period ended September 30, 2026, versus a net loss of $21.426 million in the comparable six-month period of the prior year.
  • Restructuring charges of $11.359 million were recorded in the three months ended September 30, 2026, compared with $31.906 million in the same quarter a year ago.
  • Total assets of $3.942 billion as of September 30, 2026, down from $4.416 billion as of March 31, 2026, reflecting in part the settlement of $599.835 million in current maturities of long-term debt.
  • Inventories rose to $1.076 billion as of September 30, 2026, from $914.751 million as of March 31, 2026, the balance sheet showed.
  • Shares outstanding as of October 30, 2026 included 188,839,506 shares of Class A Common Stock, 34,450,000 shares of Class B Convertible Common Stock, and 206,666,000 shares of Class C Common Stock, the filing stated.

Under Armour's Financial Results for the Quarter Ended September 30, 2026

According to the Form 10-Q filed November 6, 2026, Under Armour (NYSE:UAA and NYSE:UA) reported net revenues of $1.241 billion for the three months ended September 30, 2026, a decline from $1.333 billion in the three months ended September 30, 2025. Cost of goods sold for the quarter was $658.150 million, resulting in gross profit of $583.593 million, compared with $630.584 million a year earlier. Selling, general and administrative expenses totaled $557.443 million for the quarter, down from $581.632 million.

The company disclosed a net loss of $425 thousand for the three-month period, an improvement from a net loss of $18.814 million in the prior-year quarter. Basic and diluted net loss per share of Class A, B, and C common stock was reported as $0.00 for both the current and comparable prior-year quarter, with diluted weighted average shares outstanding of 429,679 thousand. For the six months ended September 30, 2026, net revenues were $2.340 billion versus $2.467 billion a year prior, while net income for the six-month period was $120 thousand compared with a net loss of $21.426 million in the same period of fiscal 2026.

On the balance sheet, total stockholders' equity stood at $1.451 billion as of September 30, 2026, up from $1.414 billion as of March 31, 2026. The company's restricted investments balance, which was $605.396 million as of March 31, 2026, was $0 as of September 30, 2026, and current maturities of long-term debt dropped from $599.835 million to $0 over the same period. Long-term debt, net of current maturities, was $580.409 million as of September 30, 2026. Total comprehensive income for the three-month period was $12.236 million, driven in part by $12.661 million in total other comprehensive income.

What Was Disclosed

Under Armour filed its unaudited quarterly financial statements for the three and six months ended September 30, 2026, disclosing revenue declines year-over-year, reduced restructuring charges, a near-breakeven net income position, and significant changes to the balance sheet including debt repayment and inventory growth.