Financials · UI
For fiscal 2026 (ended Jun 30, 2026), Ubiquiti Inc. reported $3.27B of revenue and $960.30M of net income.
UI revenue was $937.32M in fiscal Q4 2026 (ended Jun 30, 2026), up 23.5% from a year earlier and up 18.9% from the prior quarter. For the full fiscal 2026 it was $3.27B, up 27.2% from fiscal 2025. Compound annual growth was +11.5% over 5 years and +17.3% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
UI net income was $284.90M in fiscal Q4 2026 (ended Jun 30, 2026), up 6.8% from a year earlier and up 21.8% from the prior quarter. For the full fiscal 2026 it was $960.30M, up 34.9% from fiscal 2025. Compound annual growth was +9.3% over 5 years and +16.2% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
UI diluted EPS was $4.70 in fiscal Q4 2026 (ended Jun 30, 2026), up 6.8% from a year earlier and up 21.8% from the prior quarter. For the full fiscal 2026 it was $15.85, up 34.8% from fiscal 2025. Compound annual growth was +10.1% over 5 years and +20.3% over 10 years.
UI free cash flow was $293.15M in fiscal Q4 2026 (ended Jun 30, 2026), up 134.2% from a year earlier and up 80.7% from the prior quarter. For the full fiscal 2026 it was $908.94M, up 44.9% from fiscal 2025. Compound annual growth was +8.9% over 5 years and +16.9% over 10 years. Fiscal 2026 is the highest of the 15 fiscal years on file.
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.27B | $2.57B | $1.93B | $1.94B | $1.69B | $1.90B | $1.28B | $1.16B | $1.02B | $865.27M |
| Cost of revenue | $1.76B | $1.46B | $1.19B | $1.18B | $1.02B | $985.82M | $676.33M | $624.13M | $573.29M | $469.56M |
| Gross profit | $1.51B | $1.12B | $739.76M | $760.73M | $669.81M | $912.28M | $608.17M | $537.60M | $443.57M | $395.71M |
| Research and development | $204.17M | $169.67M | $159.77M | $145.17M | $137.69M | $116.17M | $89.41M | $82.07M | $74.32M | $69.09M |
| Selling, general and admin | $121.77M | $111.50M | $81.00M | $70.99M | $69.86M | $53.51M | $40.57M | $43.24M | $43.12M | $36.85M |
| Operating income | $1.19B | $836.28M | $499.00M | $544.57M | $462.26M | $742.59M | $478.20M | $394.30M | $326.13M | $289.76M |
| Pre-tax income | $1.18B | $805.65M | $423.83M | $486.34M | $444.45M | $727.65M | $450.20M | $381.49M | $314.14M | $285.02M |
| Income tax | $222.77M | $93.73M | $73.87M | $78.70M | $65.79M | $111.07M | $69.90M | $58.80M | $117.85M | $27.52M |
| Net income | $960.30M | $711.92M | $349.96M | $407.64M | $378.66M | $616.58M | $380.30M | $322.69M | $196.29M | $257.51M |
| EPS, basic | $15.87 | $11.77 | $5.79 | $6.75 | $6.14 | $9.79 | $5.81 | $4.52 | $2.54 | $3.16 |
| EPS, diluted | $15.85 | $11.76 | $5.79 | $6.74 | $6.13 | $9.78 | $5.80 | $4.51 | $2.51 | $3.09 |
| Diluted shares | 60.6M | 60.5M | 60.5M | 60.5M | 61.7M | 63.1M | 65.5M | 71.6M | 78.3M | 83.3M |
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $522.58M | $149.73M | $126.34M | $114.83M | $136.22M | $249.42M | $142.62M | $238.15M | $666.68M | $604.20M |
| Short-term investments | $88.62M | $0 | $0 | $109.0K | $427.0K | $1.32M | $925.0K | $69.87M | $0 | - |
| Receivables | $301.69M | $244.62M | $169.15M | $167.79M | $119.63M | $172.29M | $142.16M | $156.04M | $174.52M | $140.56M |
| Inventory | $780.44M | $675.10M | $462.03M | $737.12M | $262.44M | $233.77M | $285.94M | $264.28M | $102.22M | $142.05M |
| Current assets | $1.83B | $1.17B | $916.01M | $1.17B | $621.57M | $694.16M | $586.65M | $753.81M | $1.00B | $952.33M |
| Total assets | $2.20B | $1.47B | $1.15B | $1.41B | $844.71M | $890.99M | $737.45M | $875.87M | $1.02B | $972.71M |
| Current liabilities | $626.63M | $710.86M | $284.79M | $351.82M | $310.95M | $276.41M | $264.30M | $179.19M | $112.92M | $98.49M |
| Short-term debt | $0 | $249.56M | $36.51M | $36.51M | $23.86M | $23.86M | $24.07M | $30.68M | $24.43M | $14.74M |
| Long-term debt | - | $0 | $669.88M | $1.04B | $762.62M | $467.03M | $628.44M | $464.70M | $460.35M | $241.82M |
| Total debt | - | $249.56M | $706.39M | $1.08B | $786.49M | $490.89M | $652.50M | $495.38M | $484.78M | $256.56M |
| Total liabilities | $757.94M | $798.19M | $1.06B | $1.52B | $1.23B | $888.29M | $1.03B | $776.59M | $706.83M | $370.95M |
| Shareholders' equity | $1.44B | $668.26M | $95.06M | -$115.73M | -$382.88M | $2.70M | -$295.46M | $99.28M | $315.75M | $601.76M |
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $928.68M | $640.03M | $541.52M | -$145.43M | $370.26M | $612.02M | $460.28M | $259.26M | $332.05M | $112.04M |
| Capital expenditures | $19.74M | $12.59M | $11.97M | $20.93M | $13.47M | $18.32M | $30.62M | $51.68M | $9.12M | $7.23M |
| Free cash flow | $908.94M | $627.44M | $529.54M | -$166.36M | $356.79M | $593.70M | $429.67M | $207.57M | $322.93M | $104.80M |
| Investing cash flow | -$109.07M | -$12.59M | -$11.97M | -$20.93M | -$11.18M | -$19.27M | $69.58M | -$157.57M | -$9.12M | -$7.23M |
| Financing cash flow | -$446.76M | -$604.06M | -$518.02M | $144.96M | -$472.27M | -$485.95M | -$625.40M | -$530.23M | -$260.45M | -$51.64M |
| Dividends paid | $193.63M | $145.15M | $145.09M | $145.04M | $148.06M | $100.81M | $78.68M | $71.36M | $0 | $0 |
| Share repurchases | - | - | $0 | $0 | $618.13M | $219.76M | $700.13M | $468.23M | $445.01M | $105.23M |
| Stock-based compensation | $7.44M | $7.21M | $6.36M | $4.73M | $3.52M | $3.03M | $2.89M | $2.89M | $3.21M | $2.79M |
| Depreciation and amortization | $18.94M | $21.90M | $19.25M | $16.29M | $13.69M | $12.10M | $7.70M | $7.56M | $7.31M | $7.10M |
| Line item | Jun 30, 2026 | Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | Jun 30, 2018 | Jun 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 27.2% | 33.4% | -0.6% | 14.7% | -10.9% | 47.8% | 10.6% | 14.2% | 17.5% | 29.8% |
| Net income growth, YoY | 34.9% | 103.4% | -14.1% | 7.7% | -38.6% | 62.1% | 17.9% | 64.4% | -23.8% | 20.5% |
| EPS growth, YoY | 34.8% | 103.1% | -14.1% | 10.0% | -37.3% | 68.6% | 28.6% | 79.7% | -18.8% | 24.1% |
| Gross margin | 46.2% | 43.4% | 38.4% | 39.2% | 39.6% | 48.1% | 47.3% | 46.3% | 43.6% | 45.7% |
| Operating margin | 36.2% | 32.5% | 25.9% | 28.1% | 27.3% | 39.1% | 37.2% | 33.9% | 32.1% | 33.5% |
| Net margin | 29.3% | 27.7% | 18.1% | 21.0% | 22.4% | 32.5% | 29.6% | 27.8% | 19.3% | 29.8% |
| Free cash flow margin | 27.8% | 24.4% | 27.5% | -8.6% | 21.1% | 31.3% | 33.4% | 17.9% | 31.8% | 12.1% |
| Return on equity | 66.7% | 106.5% | 368.1% | - | - | 22844.9% | - | 325.0% | 62.2% | 42.8% |
| Return on assets | 43.7% | 48.5% | 30.3% | 29.0% | 44.8% | 69.2% | 51.6% | 36.8% | 19.2% | 26.5% |
| Current ratio | 2.93 | 1.65 | 3.22 | 3.32 | 2.00 | 2.51 | 2.22 | 4.21 | 8.87 | 9.67 |
| Debt to equity | - | 0.37 | 7.43 | - | - | 181.88 | - | 4.99 | 1.54 | 0.43 |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $937.32M | $788.20M | $814.87M | $733.77M | $759.15M | $664.17M | $599.88M | $550.34M | $507.46M | $493.00M | $464.95M | $463.08M |
| Cost of revenue | $508.07M | $417.49M | $440.87M | $396.36M | $416.42M | $368.30M | $352.65M | $318.73M | $303.32M | $318.90M | $287.31M | $279.20M |
| Gross profit | $429.25M | $370.71M | $374.00M | $337.41M | $342.73M | $295.87M | $247.23M | $231.62M | $204.14M | $174.10M | $177.65M | $183.88M |
| Research and development | $52.96M | $51.81M | $50.84M | $48.54M | $47.45M | $44.26M | $39.96M | $38.00M | $44.08M | $42.50M | $36.91M | $36.28M |
| Selling, general and admin | $36.29M | $28.08M | $30.25M | $27.14M | $33.87M | $24.75M | $28.46M | $24.41M | $21.70M | $20.38M | $19.63M | $19.29M |
| Operating income | $340.00M | $290.82M | $292.90M | $261.72M | $261.40M | $226.86M | $178.81M | $169.21M | $138.37M | $111.22M | $121.10M | $128.30M |
| Pre-tax income | $343.06M | $290.16M | $291.31M | $258.54M | $258.21M | $221.44M | $167.37M | $158.63M | $121.56M | $92.35M | $102.84M | $107.08M |
| Income tax | $58.16M | $56.25M | $57.70M | $50.66M | -$8.49M | $41.01M | $30.58M | $30.64M | $17.75M | $16.06M | $20.72M | $19.33M |
| Net income | $284.90M | $233.91M | $233.61M | $207.88M | $266.70M | $180.44M | $136.79M | $127.99M | $103.80M | $76.29M | $82.12M | $87.75M |
| EPS, basic | $4.70 | $3.87 | $3.86 | $3.44 | $4.41 | $2.98 | $2.26 | $2.12 | $1.72 | $1.26 | $1.36 | $1.45 |
| EPS, diluted | $4.70 | $3.86 | $3.86 | $3.43 | $4.40 | $2.98 | $2.26 | $2.12 | $1.72 | $1.26 | $1.36 | $1.45 |
| Diluted shares | - | 60.6M | 60.6M | 60.6M | - | 60.5M | 60.5M | 60.5M | - | 60.5M | 60.5M | 60.5M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $522.58M | $368.66M | $302.82M | $177.19M | $149.73M | $150.97M | $133.09M | $165.18M | $126.34M | $102.49M | $97.60M | $108.53M |
| Short-term investments | $88.62M | - | - | - | $0 | - | - | - | $0 | $8.0K | $61.0K | $41.0K |
| Receivables | $301.69M | $245.84M | $214.38M | $245.34M | $244.62M | $222.22M | $167.88M | $174.50M | $169.15M | $187.56M | $171.42M | $168.66M |
| Inventory | $780.44M | $654.01M | $674.70M | $680.71M | $675.10M | $590.48M | $537.34M | $446.18M | $462.03M | $533.53M | $683.59M | $706.51M |
| Current assets | $1.83B | $1.40B | $1.29B | $1.20B | $1.17B | $1.08B | $961.66M | $926.50M | $916.01M | $1.00B | $1.11B | $1.15B |
| Total assets | $2.20B | $1.72B | $1.61B | $1.49B | $1.47B | $1.30B | $1.18B | $1.16B | $1.15B | $1.22B | $1.33B | $1.39B |
| Current liabilities | $626.63M | $394.10M | $475.52M | $573.10M | $710.86M | $778.52M | $432.29M | $364.09M | $284.79M | $253.53M | $287.79M | $338.12M |
| Short-term debt | $0 | $0 | $47.36M | $133.46M | $249.56M | $339.41M | $24.41M | $24.41M | $36.51M | $36.51M | $36.51M | $36.51M |
| Long-term debt | - | - | - | - | $0 | $0 | $381.10M | $527.21M | $669.88M | $839.00M | $958.13M | $1.01B |
| Total debt | - | - | $47.50M | $133.75M | $249.56M | $339.41M | $405.51M | $551.62M | $706.39M | $875.51M | $994.64M | $1.04B |
| Total liabilities | $757.94M | $513.28M | $592.63M | $661.83M | $798.19M | $862.15M | $893.27M | $969.78M | $1.06B | $1.20B | $1.35B | $1.45B |
| Shareholders' equity | $1.44B | $1.20B | $1.02B | $828.44M | $668.26M | $436.11M | $290.44M | $188.14M | $95.06M | $25.87M | -$15.72M | -$63.06M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $298.54M | $167.79M | $263.91M | $198.45M | $130.36M | $123.57M | $152.43M | $233.67M | $231.40M | $163.85M | $78.58M | $67.68M |
| Capital expenditures | $5.39M | $5.56M | $3.63M | $5.16M | $5.17M | $2.83M | $1.99M | $2.60M | $1.87M | $3.23M | $3.85M | $3.02M |
| Free cash flow | $293.15M | $162.23M | $260.27M | $193.29M | $125.19M | $120.75M | $150.44M | $231.06M | $229.53M | $160.62M | $74.73M | $64.66M |
| Investing cash flow | -$94.72M | -$5.56M | -$3.63M | -$5.16M | -$5.17M | -$2.83M | -$1.99M | -$2.60M | -$1.87M | -$3.23M | -$3.85M | -$3.02M |
| Financing cash flow | -$49.89M | -$96.39M | -$134.65M | -$165.83M | -$126.43M | -$102.87M | -$182.53M | -$192.23M | -$205.68M | -$155.73M | -$85.66M | -$70.96M |
| Dividends paid | $48.42M | $48.42M | $48.40M | $48.40M | $36.29M | $36.30M | $36.28M | $36.28M | $36.28M | $36.28M | $36.27M | $36.27M |
| Stock-based compensation | $2.04M | $1.61M | $1.90M | $1.88M | $1.87M | $1.85M | $1.79M | $1.70M | $1.69M | $1.67M | $1.51M | $1.50M |
| Depreciation and amortization | $4.71M | $4.62M | $4.53M | $5.09M | $4.29M | $6.91M | $4.58M | $6.13M | $4.54M | $5.07M | $4.51M | $5.13M |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 23.5% | 18.7% | 35.8% | 33.3% | 49.6% | 34.7% | 29.0% | 18.8% | 3.3% | 7.7% | -5.8% | -7.0% |
| Net income growth, YoY | 6.8% | 29.6% | 70.8% | 62.4% | 156.9% | 136.5% | 66.6% | 45.9% | 0.1% | -22.6% | -26.8% | -5.8% |
| EPS growth, YoY | 6.8% | 29.5% | 70.8% | 61.8% | 155.8% | 136.5% | 66.2% | 46.2% | 0.6% | -22.7% | -26.9% | -5.8% |
| Gross margin | 45.8% | 47.0% | 45.9% | 46.0% | 45.1% | 44.5% | 41.2% | 42.1% | 40.2% | 35.3% | 38.2% | 39.7% |
| Operating margin | 36.3% | 36.9% | 35.9% | 35.7% | 34.4% | 34.2% | 29.8% | 30.7% | 27.3% | 22.6% | 26.0% | 27.7% |
| Net margin | 30.4% | 29.7% | 28.7% | 28.3% | 35.1% | 27.2% | 22.8% | 23.3% | 20.5% | 15.5% | 17.7% | 18.9% |
| Free cash flow margin | 31.3% | 20.6% | 31.9% | 26.3% | 16.5% | 18.2% | 25.1% | 42.0% | 45.2% | 32.6% | 16.1% | 14.0% |
| Current ratio | 2.93 | 3.56 | 2.72 | 2.09 | 1.65 | 1.39 | 2.22 | 2.54 | 3.22 | 3.95 | 3.84 | 3.41 |
| Debt to equity | - | - | 0.05 | 0.16 | 0.37 | 0.78 | 1.40 | 2.93 | 7.43 | 33.84 | - | - |
Source: XBRL data Ubiquiti Inc. files with the SEC, latest filing dated Aug 21, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| UI | $3.27B | +27.2% | $960.30M | 29.3% | $35.87B |
| QCOM | $43.12B | -2.6% | $13.63B | 31.6% | $176.99B |
| MSI | $12.60B | +11.4% | $2.08B | 16.5% | $85.07B |
| NOK | €19.89B | +3.5% | €651.00M | 3.3% | $43.99B |
| ERIC | SEK 236.68B | -4.5% | SEK 28.43B | 12.0% | $34.57B |
| PL | $378.28M | +44.1% | -$359.87M | -95.1% | $4.56B |
| ONDS | $174.10M | +979.3% | $167.06M | 96.0% | $3.11B |
| VISN | $1.63B | +10.9% | $8.19B | 504.0% | $1.27B |
| HLIT | $360.52M | -26.2% | -$43.31M | -12.0% | $1.04B |