UI
Ubiquiti Networks Inc
NYSE: UI · TECHNOLOGY · COMMUNICATION EQUIPMENT
$971.00
+0.70% today
Updated 2026-04-29
Market cap
$62.54B
P/E ratio
70.44
P/S ratio
21.04x
EPS (TTM)
$14.67
Dividend yield
0.29%
52W range
$309 – $1,100
Volume
0.1M
Ubiquiti Networks Inc (UI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $63.12M | $136.95M | $197.87M | $353.52M | $320.82M | $572.46M | $595.95M | $666.39M | $865.27M | $1.02B | $1.16B | $1.28B | $1.90B | $1.69B | $1.94B | $1.93B | $2.57B |
| Revenue growth (YoY) | — | +117.0% | +44.5% | +78.7% | -9.2% | +78.4% | +4.1% | +11.8% | +29.8% | +17.5% | +14.2% | +10.6% | +47.8% | -10.9% | +14.7% | -0.6% | +33.4% |
| Cost of revenue | $37.18M | $82.40M | $117.06M | $202.51M | $185.49M | $319.00M | $333.76M | $341.60M | $469.56M | $573.29M | $624.13M | $676.33M | $985.82M | $1.02B | $1.18B | $1.19B | $1.46B |
| Gross profit | $25.94M | $54.55M | $80.81M | $151.00M | $135.33M | $253.47M | $262.19M | $324.80M | $395.71M | $443.57M | $537.60M | $608.17M | $912.28M | $669.81M | $760.73M | $739.76M | $1.12B |
| Gross margin | 41.1% | 39.8% | 40.8% | 42.7% | 42.2% | 44.3% | 44.0% | 48.7% | 45.7% | 43.6% | 46.3% | 47.3% | 48.1% | 39.6% | 39.2% | 38.4% | 43.4% |
| R&D | $5.17M | $31.70M | $11.37M | $16.70M | $20.95M | $33.96M | $54.56M | $57.77M | $69.09M | $74.32M | $82.07M | $89.41M | $116.17M | $137.69M | $145.17M | $159.77M | $169.67M |
| SG&A | — | $12.46M | $18.73M | $9.01M | $21.77M | $23.56M | $21.61M | $33.27M | $36.85M | $43.12M | $43.24M | $40.57M | $53.51M | $69.86M | $70.99M | $81.00M | $111.50M |
| Operating income | $17.83M | $4.68M | $62.08M | $125.29M | $92.60M | $195.94M | $146.88M | $242.06M | $289.76M | $326.13M | $394.30M | $478.20M | $742.59M | $462.26M | $544.57M | $499.00M | $836.28M |
| Operating margin | 28.2% | 3.4% | 31.4% | 35.4% | 28.9% | 34.2% | 24.6% | 36.3% | 33.5% | 32.1% | 33.9% | 37.2% | 39.1% | 27.3% | 28.1% | 25.9% | 32.5% |
| EBITDA | $17.91M | $4.83M | $62.29M | $125.89M | $94.57M | $198.76M | $190.99M | $248.35M | $297.12M | $333.44M | $401.85M | $485.89M | $754.69M | $475.95M | $560.86M | $518.25M | $858.18M |
| EBITDA margin | 28.4% | 3.5% | 31.5% | 35.6% | 29.5% | 34.7% | 32.0% | 37.3% | 34.3% | 32.8% | 34.6% | 37.8% | 39.8% | 28.1% | 28.9% | 26.9% | 33.3% |
| EBIT | $17.83M | $4.68M | $62.08M | $125.29M | $92.60M | $195.94M | $186.01M | $242.06M | $289.76M | $326.13M | $394.30M | $478.20M | $742.59M | $462.26M | $544.57M | $499.00M | $836.28M |
| Interest expense | $0.00 | $0.00 | $0.00 | $1.27M | $851000.00 | $1.33M | $1.13M | $2.12M | $4.74M | $11.98M | $12.81M | $28.00M | $14.94M | $17.82M | $58.22M | $75.17M | $30.63M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $9.89M | $-5.46M | $49.73M | $102.59M | $80.49M | $176.94M | $129.66M | $213.62M | $257.51M | $196.29M | $322.69M | $380.30M | $616.58M | $378.66M | $407.64M | $349.96M | $711.92M |
| Net income growth (YoY) | — | -155.2% | +1011.4% | +106.3% | -21.5% | +119.8% | -26.7% | +64.7% | +20.5% | -23.8% | +64.4% | +17.9% | +62.1% | -38.6% | +7.7% | -14.1% | +103.4% |
| Profit margin | 15.7% | -4.0% | 25.1% | 29.0% | 25.1% | 30.9% | 21.8% | 32.1% | 29.8% | 19.3% | 27.8% | 29.6% | 32.5% | 22.4% | 21.0% | 18.1% | 27.7% |