Under Armour Q2 revenue falls 11% to $1.4 billion; raises fiscal 2025 profit outlook
Under Armour reported second-quarter fiscal 2025 results for the quarter ended September 30, 2024, with revenue down 11% to $1.4 billion and GAAP net income of $170 million, compared with $105 million a year earlier. The company raised its fiscal 2025 profit outlook, narrowing the expected operating loss to $176 million to $196 million from $220 million to $240 million, while also increasing marketing investment by about $25 million.
Key points
- Net revenues fell 10.7% to $1,399 million; North America revenue decreased 12.9% to $863 million.
- Diluted EPS was $0.39 on a GAAP basis and $0.30 adjusted, versus $0.23 GAAP a year earlier.
- Fiscal 2025 operating loss outlook is $176 million to $196 million, versus the prior $220 million to $240 million.
- Cash and cash equivalents totaled $531 million at quarter end, with no borrowings under the $1.1 billion revolving credit facility.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
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