How has UA's earnings trended over the past year?
4/9/2025 07:28pm
Under Armour's (UA) net income has experienced a significant decline over the past year, with a particularly steep drop in the second quarter ending on June 30, 2024, followed by a slight recovery. Here's a detailed analysis of the trend:
1. **Significant Decline in Q2 2024**: The net income for the quarter ending June 30, 2024, was -$305.43 million, which is a substantial loss compared to the previous quarter's net income of $6.57 million in Q1 2024.
2. **Improvement in Subsequent Quarters**: After the second quarter's downturn, the company's performance showed some improvement. The net income for Q3 2024 was $1.23 million, and Q4 2024 saw a further increase to $170.38 million.
3. **Overall Trend**: Despite the recovery, the net income in Q4 2024 was lower than the $170.38 million reported in Q3 2024, indicating that the full-year performance was heavily influenced by the second quarter's loss.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|UA|UA.N|Under Armour C|2024 Q4|-96.14938148560708|6568000|169|
|UA|UA.N|Under Armour C|2025 Q1|-3151.2087912087914|-3.05426E8|169|
|UA|UA.N|Under Armour C|2025 Q2|62.71642902846884|1.70382E8|169|
|UA|UA.N|Under Armour C|2025 Q3|-98.88580896228545|1234000|169|