Under Armour Inc
NYSE:UAA
Income Statement
Earnings Waterfall
Under Armour Inc
Revenue
|
5.8B
USD
|
Cost of Revenue
|
-3.1B
USD
|
Gross Profit
|
2.6B
USD
|
Operating Expenses
|
-2.4B
USD
|
Operating Income
|
271.5m
USD
|
Other Expenses
|
131.4m
USD
|
Net Income
|
402.9m
USD
|
Income Statement
Under Armour Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 332
N/A
|
2 502
+7%
|
2 657
+6%
|
2 872
+8%
|
3 084
+7%
|
3 248
+5%
|
3 422
+5%
|
3 688
+8%
|
3 963
+7%
|
4 206
+6%
|
4 423
+5%
|
4 691
+6%
|
4 825
+3%
|
4 898
+1%
|
4 988
+2%
|
4 925
-1%
|
4 989
+1%
|
5 055
+1%
|
5 139
+2%
|
5 173
+1%
|
5 193
+0%
|
5 213
+0%
|
5 229
+0%
|
5 216
0%
|
5 267
+1%
|
4 993
-5%
|
4 509
-10%
|
4 512
+0%
|
4 475
-1%
|
4 802
+7%
|
5 446
+13%
|
5 558
+2%
|
5 683
+2%
|
1 301
-77%
|
5 725
+340%
|
5 753
+0%
|
5 806
+1%
|
5 904
+2%
|
5 872
-1%
|
5 864
0%
|
5 769
-2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 195)
|
(1 281)
|
(1 356)
|
(1 456)
|
(1 572)
|
(1 659)
|
(1 753)
|
(1 898)
|
(2 058)
|
(2 198)
|
(2 316)
|
(2 472)
|
(2 585)
|
(2 630)
|
(2 696)
|
(2 684)
|
(2 738)
|
(2 788)
|
(2 846)
|
(2 864)
|
(2 853)
|
(2 851)
|
(2 840)
|
(2 802)
|
(2 797)
|
(2 636)
|
(2 357)
|
(2 364)
|
(2 315)
|
(2 444)
|
(2 768)
|
(2 779)
|
(2 822)
|
(696)
|
(2 925)
|
(3 028)
|
(3 158)
|
(3 254)
|
(3 245)
|
(3 199)
|
(3 131)
|
|
Gross Profit |
1 137
N/A
|
1 221
+7%
|
1 301
+7%
|
1 416
+9%
|
1 512
+7%
|
1 589
+5%
|
1 668
+5%
|
1 790
+7%
|
1 906
+6%
|
2 009
+5%
|
2 107
+5%
|
2 219
+5%
|
2 241
+1%
|
2 268
+1%
|
2 291
+1%
|
2 242
-2%
|
2 251
+0%
|
2 267
+1%
|
2 292
+1%
|
2 309
+1%
|
2 341
+1%
|
2 362
+1%
|
2 390
+1%
|
2 414
+1%
|
2 471
+2%
|
2 357
-5%
|
2 152
-9%
|
2 148
0%
|
2 160
+1%
|
2 358
+9%
|
2 677
+14%
|
2 779
+4%
|
2 861
+3%
|
605
-79%
|
2 799
+363%
|
2 725
-3%
|
2 648
-3%
|
2 649
+0%
|
2 627
-1%
|
2 665
+1%
|
2 638
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(872)
|
(942)
|
(1 020)
|
(1 110)
|
(1 158)
|
(1 235)
|
(1 316)
|
(1 413)
|
(1 497)
|
(1 593)
|
(1 704)
|
(1 788)
|
(1 823)
|
(1 878)
|
(1 923)
|
(1 925)
|
(2 100)
|
(2 114)
|
(2 163)
|
(2 189)
|
(2 182)
|
(2 177)
|
(2 190)
|
(2 214)
|
(2 234)
|
(2 276)
|
(2 185)
|
(2 187)
|
(2 162)
|
(2 125)
|
(2 195)
|
(2 241)
|
(2 330)
|
(594)
|
(2 463)
|
(2 458)
|
(2 388)
|
(2 364)
|
(2 357)
|
(2 368)
|
(2 366)
|
|
Selling, General & Administrative |
(872)
|
(942)
|
(1 020)
|
(1 110)
|
(1 150)
|
(1 235)
|
(1 316)
|
(1 413)
|
(1 483)
|
(1 593)
|
(1 704)
|
(1 788)
|
(1 810)
|
(1 878)
|
(1 922)
|
(1 925)
|
(2 091)
|
(2 114)
|
(2 163)
|
(2 190)
|
(2 176)
|
(2 177)
|
(2 190)
|
(2 214)
|
(2 228)
|
(2 276)
|
(2 186)
|
(2 187)
|
(2 155)
|
(2 125)
|
(2 195)
|
(2 241)
|
(2 328)
|
(594)
|
(2 462)
|
(2 457)
|
(2 386)
|
(2 362)
|
(2 353)
|
(2 365)
|
(2 363)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(13)
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(7)
|
0
|
0
|
0
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(2)
|
|
Operating Income |
265
N/A
|
279
+5%
|
281
+1%
|
306
+9%
|
354
+16%
|
355
+0%
|
352
-1%
|
377
+7%
|
409
+8%
|
416
+2%
|
403
-3%
|
431
+7%
|
418
-3%
|
390
-7%
|
369
-5%
|
317
-14%
|
152
-52%
|
153
+1%
|
129
-16%
|
119
-7%
|
158
+33%
|
185
+17%
|
199
+8%
|
201
+1%
|
237
+18%
|
81
-66%
|
(34)
N/A
|
(39)
-14%
|
(2)
+95%
|
233
N/A
|
483
+108%
|
538
+11%
|
531
-1%
|
11
-98%
|
337
+3 040%
|
267
-21%
|
259
-3%
|
286
+10%
|
270
-5%
|
297
+10%
|
271
-8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(5)
|
(5)
|
(9)
|
(12)
|
(14)
|
(17)
|
(21)
|
(24)
|
(22)
|
(25)
|
(26)
|
(16)
|
(19)
|
(18)
|
(18)
|
(32)
|
(37)
|
(32)
|
(27)
|
(23)
|
(15)
|
(21)
|
(22)
|
(27)
|
(26)
|
(31)
|
(40)
|
(47)
|
(55)
|
(57)
|
(52)
|
(44)
|
(6)
|
(29)
|
(23)
|
(17)
|
(13)
|
(8)
|
(5)
|
(4)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(88)
|
(124)
|
(162)
|
(237)
|
(171)
|
(183)
|
(146)
|
(67)
|
(48)
|
0
|
(437)
|
(481)
|
(557)
|
(432)
|
(181)
|
(140)
|
(82)
|
174
|
(57)
|
(90)
|
(73)
|
(57)
|
(2)
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
2
|
1
|
0
|
(14)
|
(14)
|
(17)
|
(18)
|
(6)
|
(1)
|
(13)
|
(21)
|
(20)
|
(27)
|
(12)
|
(3)
|
(0)
|
(1)
|
(5)
|
(11)
|
(11)
|
159
|
126
|
103
|
(270)
|
(0)
|
(20)
|
4
|
27
|
17
|
25
|
24
|
26
|
|
Pre-Tax Income |
261
N/A
|
273
+5%
|
276
+1%
|
297
+8%
|
342
+15%
|
341
0%
|
335
-2%
|
358
+7%
|
387
+8%
|
396
+2%
|
379
-4%
|
405
+7%
|
388
-4%
|
358
-8%
|
331
-7%
|
193
-42%
|
(10)
N/A
|
(47)
-355%
|
(153)
-226%
|
(99)
+35%
|
(68)
+31%
|
(3)
+95%
|
100
N/A
|
127
+27%
|
210
+65%
|
(383)
N/A
|
(550)
-44%
|
(647)
-18%
|
(493)
+24%
|
156
N/A
|
411
+164%
|
508
+24%
|
391
-23%
|
(52)
N/A
|
198
N/A
|
175
-12%
|
213
+22%
|
288
+35%
|
286
0%
|
315
+10%
|
294
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(99)
|
(105)
|
(108)
|
(113)
|
(134)
|
(134)
|
(131)
|
(143)
|
(154)
|
(156)
|
(148)
|
(146)
|
(131)
|
(122)
|
(115)
|
(50)
|
1
|
10
|
32
|
(1)
|
22
|
10
|
(11)
|
(9)
|
(70)
|
(83)
|
(86)
|
(53)
|
(63)
|
(52)
|
(65)
|
(88)
|
(32)
|
(8)
|
(26)
|
(29)
|
(55)
|
101
|
103
|
95
|
109
|
|
Income from Continuing Operations |
162
|
168
|
168
|
185
|
208
|
206
|
203
|
215
|
233
|
240
|
232
|
259
|
257
|
235
|
217
|
143
|
(10)
|
(37)
|
(121)
|
(100)
|
(46)
|
7
|
89
|
118
|
140
|
(467)
|
(636)
|
(700)
|
(556)
|
104
|
346
|
420
|
359
|
(60)
|
172
|
145
|
158
|
389
|
389
|
411
|
403
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
1
|
1
|
1
|
(3)
|
(5)
|
(48)
|
(54)
|
(49)
|
(49)
|
(7)
|
0
|
0
|
1
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(0)
|
(0)
|
|
Net Income (Common) |
162
N/A
|
168
+4%
|
168
+0%
|
185
+10%
|
208
+13%
|
206
-1%
|
203
-1%
|
215
+6%
|
233
+8%
|
240
+3%
|
173
-28%
|
200
+16%
|
198
-1%
|
176
-11%
|
217
+23%
|
143
-34%
|
(48)
N/A
|
(76)
-58%
|
(159)
-109%
|
(138)
+13%
|
(46)
+67%
|
7
N/A
|
85
+1 203%
|
112
+32%
|
92
-18%
|
(520)
N/A
|
(686)
-32%
|
(749)
-9%
|
(549)
+27%
|
118
N/A
|
360
+205%
|
435
+21%
|
360
-17%
|
(60)
N/A
|
171
N/A
|
145
-15%
|
157
+8%
|
387
+147%
|
388
+0%
|
410
+6%
|
403
-2%
|
|
EPS (Diluted) |
0.75
N/A
|
0.77
+3%
|
0.77
N/A
|
0.84
+9%
|
0.95
+13%
|
0.93
-2%
|
0.92
-1%
|
0.96
+4%
|
1.05
+9%
|
0.54
-49%
|
0.39
-28%
|
0.44
+13%
|
0.45
+2%
|
0.19
-58%
|
0.24
+26%
|
0.15
-38%
|
-0.1
N/A
|
-0.17
-70%
|
-0.35
-106%
|
-0.3
+14%
|
-0.1
+67%
|
0.02
N/A
|
0.19
+850%
|
0.25
+32%
|
0.2
-20%
|
-1.14
N/A
|
-1.5
-32%
|
-1.64
-9%
|
-1.2
+27%
|
0.25
N/A
|
0.77
+208%
|
0.91
+18%
|
0.77
-15%
|
-0.13
N/A
|
0.36
N/A
|
0.31
-14%
|
0.34
+10%
|
0.84
+147%
|
0.85
+1%
|
0.9
+6%
|
0.89
-1%
|