Under Armour, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $545.0K | $-43.4M | $-430.8M | $-18.8M | $-2.6M | $-67.5M | $1.2M | $170.4M |
| Depreciation & Amortization | $25.4M | $26.1M | $27.3M | $27.3M | $29.0M | $39.0M | $31.2M | $32.7M |
| Depreciation | $25.4M | $26.0M | $26.9M | $26.9M | $28.6M | $38.6M | $30.9M | $32.3M |
| Amortization | — | — | — | — | — | $200.0K | $400.0K | $400.0K |
| Stock-Based Compensation | $11.3M | $9.8M | $10.8M | $12.8M | $12.2M | $12.2M | $12.3M | $12.5M |
| Net Cash from Operating Activities | $109.1M | $-332.2M | $278.1M | $-69.8M | $48.9M | $-202.2M | $311.3M | $-321.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $14.6M | $15.1M | $16.1M | $20.5M | $35.4M | $28.8M | $48.4M | $45.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $585.4M | $-15.1M | $-16.1M | $-622.2M | $-35.4M | $-27.2M | $-55.9M | $-47.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | $0 | $0 | $25.0M | $0 | $25.0M | $25.0M | $0 |
| Net Cash from Financing Activities | $-607.1M | $200.1M | $-200.0M | $173.2M | $387.3M | $-26.4M | $-25.1M | $-1.2M |
| Net Change in Cash | $86.8M | $-156.3M | $68.6M | $-525.4M | $410.1M | $-230.1M | $195.3M | $-353.3M |
| Free Cash Flow | $94.5M | $-347.3M | $261.9M | $-90.3M | $13.5M | $-231.0M | $262.9M | $-367.2M |