Ubiquiti Inc. (UI) — Financial statements
Income statement, balance sheet, and cash flow for Ubiquiti Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,574↑33.4% | 1,928↓0.6% | 1,941↑14.7% | 1,692↓10.9% | 1,898 | |
| Cost of Revenue | 1,456↑22.5% | 1,189↑0.8% | 1,180↑15.5% | 1,022↑3.7% | 986 | |
| Gross Profit | 1,117↑51.1% | 740↓2.8% | 761↑13.6% | 670↓26.6% | 912 | |
| Operating Expenses | ||||||
| R&D Expenses | 170↑6.2% | 160↑10.1% | 145↑5.4% | 138↑18.5% | 116 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 111↑37.7% | 81↑14.1% | 71↑1.6% | 70↑30.5% | 54 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 281↑16.8% | 241↑11.4% | 216↑4.2% | 208↑22.3% | 170 | |
| Total Costs & Expenses | 1,737↑21.5% | 1,429↑2.4% | 1,396↑13.5% | 1,229↑6.4% | 1,156 | |
| Operating Results | ||||||
| Operating Income | 836↑67.6% | 499↓8.4% | 545↑17.8% | 462↓37.7% | 743 | |
| Depreciation & Amortization | 22↑13.8% | 19↑18.2% | 16↑19.0% | 14↑13.1% | 12 | |
| EBITDA | 858↑65.6% | 518↓7.6% | 561↑17.8% | 476↓36.9% | 755 | |
| EBIT | 836↑67.6% | 499↓8.4% | 545↑17.8% | 462↓37.7% | 743 | |
| Interest & Other Income | ||||||
| Net Interest Income | -31↑59.3% | -75↓29.1% | -58↓226.8% | -18↓19.3% | -15 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 31↓59.3% | 75↑29.1% | 58↑226.8% | 18↑19.3% | 15 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -31↑59.3% | -75↓29.1% | -58↓226.8% | -18↓19.3% | -15 | |
| Income Before Tax | 806↑90.1% | 424↓12.9% | 486↑9.4% | 444↓38.9% | 728 | |
| Income Tax Expense | 94↑26.9% | 74↓6.1% | 79↑19.6% | 66↓40.8% | 111 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 712↑103.4% | 350↓14.1% | 408↑7.7% | 379↓38.6% | 617 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 712↑103.4% | 350↓14.1% | 408↑7.7% | 379↓38.6% | 617 | |
| Bottom-Line Net Income | 712↑103.4% | 350↓14.1% | 408↑7.7% | 379↓38.6% | 617 | |
| EPS (Basic) | 11.77↑103.3% | 5.79↓14.2% | 6.75↑9.9% | 6.14↓37.3% | 9.79 | |
| EPS (Diluted) | 11.76↑103.1% | 5.79↓14.1% | 6.74↑10.0% | 6.13↓37.3% | 9.78 | |
| Weighted Average Shares | 60↑0.0% | 60↑0.0% | 60↓2.0% | 62↓2.1% | 63 | |
| Weighted Average Diluted Shares | 61↑0.1% | 60↑0.0% | 60↓2.1% | 62↓2.1% | 63 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.