Most children lose months of math; many lose months of reading too.
The largest modern dataset — NWEA's 3.4 million K–8 students — shows that the average child loses about 10–30% of a year's math gain over one summer, with reading losses similar in upper-elementary grades. A child who gained “a full year” of math from September to May can walk into fall having effectively lost one to three months of it.
Source: Kuhfeld, M. (2019). Surprising new evidence on the summer learning loss problem. Phi Delta Kappan, 101(1).