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Ubiquiti Inc.

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Key Metrics

Previous Close: $609.64
52-Week Range: $500.23 – $1,099.99
Market Cap: $37.56B
P/E (TTM): 39.15
EPS (TTM): 15.85
Dividend Yield: 0.64%

Advanced Metrics

Price/Book: 26.08
PEG Ratio: 1.10
Return on Equity: 91.09%
Return on Assets: 40.44%
Gross Margin: 46.16%
Operating Margin: 36.27%
Profit Margin: 29.33%
Current Ratio: 2.93
Debt/Equity: 0.06
Total Debt: $79.96M
Free Cash Flow: $710.34M
Revenue Growth: 23.50%
Earnings Growth: 6.80%
Enterprise Value: $37.03B

UI Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$1.69B	$1.94B	$1.93B	$2.57B	$3.27B
Cost of Revenue	$1.02B	$1.18B	$1.19B	$1.46B	$1.76B
Gross Profit	$669.81M	$760.73M	$739.76M	$1.12B	$1.51B
Research & Development	$137.69M	$145.17M	$159.77M	$169.67M	$204.17M
Selling, General & Admin	$69.86M	$70.99M	$81.00M	$111.50M	$121.77M
Operating Expenses	$207.55M	$216.16M	$240.76M	$281.17M	$325.93M
Operating Income	$462.26M	$544.57M	$499.00M	$836.28M	$1.19B
EBITDA	$475.95M	$560.86M	$518.25M	$858.18M	$1.20B
Pretax Income	$444.45M	$486.34M	$423.83M	$805.65M	$1.18B
Income Tax	$65.79M	$78.70M	$73.87M	$93.73M	$222.77M
Net Income	$378.66M	$407.64M	$349.96M	$711.92M	$960.30M
Diluted EPS	6.13	6.74	5.79	11.76	15.85
Diluted Shares	61.72M	60.45M	60.46M	60.53M	60.57M

UI Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & Equivalents	$136.22M	$114.83M	$126.34M	$149.73M	$522.58M
Receivables	$119.63M	$167.79M	$173.71M	$253.39M	$313.38M
Inventory	$262.44M	$737.12M	$462.03M	$675.10M	$780.44M
Current Assets	$621.57M	$1.17B	$916.01M	$1.17B	$1.83B
Total Assets	$844.71M	$1.41B	$1.15B	$1.47B	$2.20B
Current Liabilities	$310.95M	$351.82M	$284.79M	$710.86M	$626.63M
Long-Term Debt	$762.62M	$1.04B	$669.88M	—	—
Total Debt	$853.26M	$1.14B	$757.29M	$297.42M	$79.96M
Total Liabilities	$1.23B	$1.52B	$1.06B	$798.19M	$757.94M
Retained Earnings	-$383.11M	-$120.51M	$84.36M	$651.12M	$1.42B
Shareholders' Equity	-$382.88M	-$115.73M	$95.06M	$668.26M	$1.44B
Working Capital	$310.62M	$815.23M	$631.22M	$462.37M	$1.21B
Net Debt	$650.26M	$963.06M	$580.04M	$99.83M	—

UI Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025	FY2026
Operating Cash Flow	$370.26M	-$145.43M	$541.52M	$640.03M	$928.68M
Capital Expenditure	-$13.47M	-$20.93M	-$11.97M	-$12.59M	-$19.74M
Free Cash Flow	$356.79M	-$166.36M	$529.54M	$627.44M	$908.94M
Depreciation & Amortisation	$13.69M	$16.29M	$19.25M	$21.90M	$18.94M
Stock-Based Compensation	$3.52M	$4.73M	$6.36M	$7.21M	$7.44M
Investing Cash Flow	-$11.18M	-$20.93M	-$11.97M	-$12.59M	-$109.07M
Financing Cash Flow	-$472.27M	$144.96M	-$518.02M	-$604.06M	-$446.76M
Dividends Paid	-$148.06M	-$145.04M	-$145.09M	-$145.15M	-$193.63M
Share Repurchases	-$618.13M	$0.00	$0.00	—	—
Net Change in Cash	-$113.19M	-$21.40M	$11.52M	$23.39M	$372.85M

UI Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$664.17M	$759.15M	$733.77M	$814.87M	$788.20M	$937.32M
Cost of Revenue	$368.30M	$416.42M	$396.36M	$440.87M	$417.49M	$508.07M
Gross Profit	$295.87M	$342.73M	$337.41M	$374.00M	$370.71M	$429.25M
Research & Development	$44.26M	$47.45M	$48.54M	$50.84M	$51.81M	$52.96M
Selling, General & Admin	$24.75M	$33.87M	$27.14M	$30.25M	$28.08M	$36.29M
Operating Expenses	$69.01M	$81.33M	$75.69M	$81.10M	$79.89M	$89.25M
Operating Income	$226.86M	$261.40M	$261.72M	$292.90M	$290.82M	$340.00M
EBITDA	$233.77M	$265.69M	$266.81M	$297.43M	$295.44M	$344.71M
Pretax Income	$221.44M	$258.21M	$258.54M	$291.31M	$290.16M	$343.06M
Income Tax	$41.01M	-$8.49M	$50.66M	$57.70M	$56.25M	$58.16M
Net Income	$180.44M	$266.70M	$207.88M	$233.61M	$233.91M	$284.90M
Diluted EPS	2.98	4.41	3.43	3.86	3.86	4.70
Diluted Shares	60.55M	60.55M	60.56M	60.57M	60.57M	60.58M

UI Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$150.97M	$149.73M	$177.19M	$302.82M	$368.66M	$522.58M
Receivables	$229.60M	$253.39M	$255.16M	$224.51M	$256.38M	$313.38M
Inventory	$590.48M	$675.10M	$680.71M	$674.70M	$654.01M	$780.44M
Current Assets	$1.08B	$1.17B	$1.20B	$1.29B	$1.40B	$1.83B
Total Assets	$1.30B	$1.47B	$1.49B	$1.61B	$1.72B	$2.20B
Current Liabilities	$778.52M	$710.86M	$573.10M	$475.52M	$394.10M	$626.63M
Total Debt	$383.71M	$297.42M	$178.18M	$116.40M	$66.88M	$79.96M
Total Liabilities	$862.15M	$798.19M	$661.83M	$592.63M	$513.28M	$757.94M
Retained Earnings	$420.71M	$651.12M	$810.60M	$995.81M	$1.18B	$1.42B
Shareholders' Equity	$436.11M	$668.26M	$828.44M	$1.02B	$1.20B	$1.44B
Working Capital	$303.77M	$462.37M	$627.21M	$817.36M	$1.01B	$1.21B
Net Debt	$188.44M	$99.83M	—	—	—	—

UI Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$123.57M	$130.36M	$198.45M	$263.91M	$167.79M	$298.54M
Capital Expenditure	-$2.83M	-$5.17M	-$5.16M	-$3.63M	-$5.56M	-$5.39M
Free Cash Flow	$120.75M	$125.19M	$193.29M	$260.27M	$162.23M	$293.15M
Depreciation & Amortisation	$6.91M	$4.29M	$5.09M	$4.53M	$4.62M	$4.71M
Stock-Based Compensation	$1.85M	$1.87M	$1.88M	$1.90M	$1.61M	$2.04M
Investing Cash Flow	-$2.83M	-$5.17M	-$5.16M	-$3.63M	-$5.56M	-$94.72M
Financing Cash Flow	-$102.87M	-$126.43M	-$165.83M	-$134.65M	-$96.39M	-$49.89M
Dividends Paid	-$36.30M	-$36.29M	-$48.40M	-$48.40M	-$48.42M	-$48.42M
Net Change in Cash	$17.88M	-$1.24M	$27.47M	$125.62M	$65.84M	$153.92M

Market Snapshot

About

Ubiquiti Inc. is a technology company that develops high-performance networking products for service providers and enterprises. The company is known for its UniFi ecosystem of wireless access points, switches, routers, and security cameras. Ubiquiti operates a direct-to-consumer sales model with minimal traditional sales and marketing expenses.