What is Ubiquiti Inc.'s earnings per share (EPS)?

Ubiquiti Inc. (UI) reported diluted earnings per share of $15.85 for fiscal year 2026. This represents a 34.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Ubiquiti Inc. (UI) Financials

FY2026 annual

Revenue $3.3B +27.2% YoY

Net Income $960.3M +34.9% YoY

EPS (Diluted) $15.85 +34.8% YoY

Free Cash Flow $908.9M +44.9% YoY

Market Cap $37.9B as of Oct 6, 2026

Price / Sales 11.6x on $3.3B revenue, FY2026

Price / Earnings 39.5x on $960.3M net income, FY2026

Price / Book 26.3x on $1.4B equity, Q4 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Jun 30, 2026 Reported Aug 21, 2026 Currency USD FYE June

Newest figures come from the 10-K for FY2026, filed Aug 21, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the UI SEC filings page.

Ubiquiti Inc. (UI) reported $3.3B in revenue for fiscal year 2026, up 27.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI UI FY2026 2026-10-04

Ubiquiti’s recent growth is becoming more profitable and cash-generative, while its balance sheet shifted from negative to positive equity.

FY2023 paired net income of $407.6M with free cash flow of -$166.4M, revealing that accounting profit temporarily failed to become distributable cash. As cash conversion recovered through FY2026, margins also strengthened, linking the later cash improvement to better operating economics rather than merely reported earnings.

Gross margin expanded from 38.4% in FY2024 to 46.2% in FY2026, while operating margin widened as well; growth therefore left more profit after product costs instead of simply adding volume.

Equity moved from -$382.9M in FY2022 to $1.4B in FY2026, changing the financing structure from balance-sheet deficit to substantial capitalization. By FY2026, a 2.9x current ratio and 0.5x debt-to-equity ratio indicate greater short-term coverage alongside materially lower leverage.

Financial Health Signals

Financial Health Score 84/100

Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Ubiquiti Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Ubiquiti Inc. has an operating margin of 36.2%, meaning the company retains $36 of operating profit per $100 of revenue. This strong profitability earns a score of 93/100, reflecting efficient cost management and pricing power. This is up from 32.5% the prior year.

Growth

Ubiquiti Inc.'s revenue surged 27.2% year-over-year to $3.3B, reflecting rapid business expansion. This strong growth earns a score of 90/100.

Leverage

Ubiquiti Inc. has a moderate D/E ratio of 0.53. This balance of debt and equity financing earns a leverage score of 60/100.

Liquidity

With a current ratio of 2.93, Ubiquiti Inc. holds $2.93 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 78/100.

Cash Flow

Ubiquiti Inc. converts 27.8% of revenue into free cash flow ($908.9M). This strong cash generation earns a score of 92/100.

Returns

Ubiquiti Inc. earns a strong 66.7% return on equity (ROE), meaning it generates $67 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 91/100. This is down from 106.5% the prior year.

Altman Z-Score Safe

34.85

Ubiquiti Inc. scores 34.85, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($37.9B) relative to total liabilities ($757.9M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

Ubiquiti Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

0.97x

For every $1 of reported earnings, Ubiquiti Inc. generates $0.97 in operating cash flow ($928.7M OCF vs $960.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$937.3M

YoY+23.5%

QoQ+18.9%

5Y CAGR+14.4%

10Y CAGR+17.6%

Ubiquiti Inc. generated $937.3M in revenue in Q4 2026. This represents an increase of 23.5% from the same quarter a year earlier. Against the prior quarter it is up 18.9%.

EBITDA

$344.7M

YoY+29.7%

QoQ+16.7%

5Y CAGR+13.1%

10Y CAGR+17.8%

Ubiquiti Inc.'s EBITDA was $344.7M in Q4 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 29.7% from the same quarter a year earlier. Against the prior quarter it is up 16.7%.

Net Income

$284.9M

YoY+6.8%

QoQ+21.8%

5Y CAGR+13.0%

10Y CAGR+17.3%

Ubiquiti Inc. reported $284.9M in net income in Q4 2026. This represents an increase of 6.8% from the same quarter a year earlier. Against the prior quarter it is up 21.8%.

EPS (Diluted)

$4.70

YoY+6.8%

QoQ+21.8%

5Y CAGR+13.8%

10Y CAGR+21.2%

Ubiquiti Inc. earned $4.70 per diluted share (EPS) in Q4 2026. This represents an increase of 6.8% from the same quarter a year earlier. Against the prior quarter it is up 21.8%.

Cash & Balance Sheet

Free Cash Flow

$293.1M

YoY+134.2%

QoQ+80.7%

5Y CAGR+12.6%

10Y CAGR+20.8%

Ubiquiti Inc. generated $293.1M in free cash flow in Q4 2026, representing cash available after capex. This represents an increase of 134.2% from the same quarter a year earlier. Against the prior quarter it is up 80.7%.

Cash & Debt

$522.6M

YoY+249.0%

QoQ+41.8%

5Y CAGR+15.9%

10Y CAGR-0.5%

Ubiquiti Inc. held $522.6M in cash as of Q4 2026; long-term debt is not reported for that period.

Shares Outstanding

61M

YoY0.0%

QoQ0.0%

5Y CAGR-0.6%

10Y CAGR-3.0%

Ubiquiti Inc. had 61M shares outstanding in Q4 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q4 2026.

Margins & Returns

Gross Margin

45.8%

YoY+0.7pp

QoQ-1.2pp

5Y change-2.5pp

10Y change-2.5pp

Ubiquiti Inc.'s gross margin was 45.8% in Q4 2026, indicating the percentage of revenue retained after direct costs. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.

Operating Margin

36.3%

YoY+1.8pp

QoQ-0.6pp

5Y change-2.0pp

10Y change+0.9pp

Ubiquiti Inc.'s operating margin was 36.3% in Q4 2026, reflecting core business profitability. This is up 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.

Net Margin

30.4%

YoY-4.7pp

QoQ+0.7pp

5Y change-1.9pp

10Y change-0.7pp

Ubiquiti Inc.'s net profit margin was 30.4% in Q4 2026, showing the share of revenue converted to profit. This is down 4.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Return on Equity

19.8%

YoY-20.1pp

QoQ+0.3pp

Ubiquiti Inc.'s ROE was 19.8% in Q4 2026, measuring profit generated per dollar of shareholder equity. This is down 20.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.3 percentage points.

Capital Allocation

R&D Spending

$53.0M

YoY+11.6%

QoQ+2.2%

5Y CAGR+11.3%

Ubiquiti Inc. invested $53.0M in research and development in Q4 2026. This represents an increase of 11.6% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.

Capital Expenditures

$5.4M

YoY+4.3%

QoQ-3.1%

5Y CAGR+18.3%

10Y CAGR+14.2%

Ubiquiti Inc. invested $5.4M in capex in Q4 2026, funding long-term assets and infrastructure. This represents an increase of 4.3% from the same quarter a year earlier. Against the prior quarter it is down 3.1%.

Share Buybacks

Not reported for Q4 2026.

UI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

UI quarterly income statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Revenue	$3.3B+27.2%	$2.6B+33.4%	$1.9B-0.6%	$1.9B+14.7%	$1.7B-10.9%	$1.9B+47.8%	$1.3B+10.6%	$1.2B+14.2%	$1.0B+17.5%	$865.3M+29.8%	$666.4M+11.8%	$595.9M+4.1%	$572.5M+78.4%	$320.8M-9.2%	$353.5M
Cost of Revenue	$1.8B+21.1%	$1.5B+22.5%	$1.2B+0.8%	$1.2B+15.5%	$1.0B+3.7%	$985.8M+45.8%	$676.3M+8.4%	$624.1M+8.9%	$573.3M+22.1%	$469.6M+37.5%	$341.6M+2.3%	$333.8M+4.6%	$319.0M+72.0%	$185.5M-8.4%	$202.5M
Gross Profit	$1.5B+35.3%	$1.1B+51.1%	$739.8M-2.8%	$760.7M+13.6%	$669.8M-26.6%	$912.3M+50.0%	$608.2M+13.1%	$537.6M+21.2%	$443.6M+12.1%	$395.7M+21.8%	$324.8M+23.9%	$262.2M+3.4%	$253.5M+87.3%	$135.3M-10.4%	$151.0M
R&D Expenses	$204.2M+20.3%	$169.7M+6.2%	$159.8M+10.1%	$145.2M+5.4%	$137.7M+18.5%	$116.2M+29.9%	$89.4M+8.9%	$82.1M+10.4%	$74.3M+7.6%	$69.1M+19.6%	$57.8M+5.9%	$54.6M+60.7%	$34.0M+62.1%	$21.0M+25.5%	$16.7M
SG&A Expenses	$121.8M+9.2%	$111.5M+37.7%	$81.0M+14.1%	$71.0M+1.6%	$69.9M+30.5%	$53.5M+31.9%	$40.6M-6.2%	$43.2M+0.3%	$43.1M+17.0%	$36.9M+10.8%	$33.3M+54.0%	$21.6M-8.3%	$23.6M+8.2%	$21.8M+141.6%	$9.0M
Operating Income	$1.2B+41.8%	$836.3M+67.6%	$499.0M-8.4%	$544.6M+17.8%	$462.3M-37.7%	$742.6M+55.3%	$478.2M+21.3%	$394.3M+20.9%	$326.1M+12.6%	$289.8M+19.7%	$242.1M+64.8%	$146.9M-25.0%	$195.9M+111.6%	$92.6M-26.1%	$125.3M
EBITDA	$1.2B+40.3%	$858.2M+65.6%	$518.2M-7.6%	$560.9M+17.8%	$476.0M-36.9%	$754.7M+55.3%	$485.9M+20.9%	$401.9M+20.5%	$333.4M+12.3%	$296.9M+19.7%	$248.1M+63.4%	$151.8M-23.6%	$198.8M+110.2%	$94.6M-24.9%	$125.9M
Income Tax	$222.8M+137.7%	$93.7M+26.9%	$73.9M-6.1%	$78.7M+19.6%	$65.8M-40.8%	$111.1M+58.9%	$69.9M+18.9%	$58.8M-50.1%	$117.9M+328.3%	$27.5M+4.5%	$26.3M+63.7%	$16.1M-9.0%	$17.7M+56.9%	$11.3M-47.5%	$21.4M
Net Income	$960.3M+34.9%	$711.9M+103.4%	$350.0M-14.1%	$407.6M+7.7%	$378.7M-38.6%	$616.6M+62.1%	$380.3M+17.9%	$322.7M+64.4%	$196.3M-23.8%	$257.5M+20.5%	$213.6M+64.7%	$129.7M-26.7%	$176.9M+119.8%	$80.5M-21.5%	$102.6M
EPS (Basic)	$15.87+34.8%	$11.77+103.3%	$5.79-14.2%	$6.75+9.9%	$6.14-37.3%	$9.79+68.5%	$5.81+28.5%	$4.52+78.0%	$2.54-19.6%	$3.16+24.9%	$2.53+72.1%	$1.47-27.2%	$2.02+122.0%	$0.91+858.3%	-$0.12
EPS (Diluted)	$15.85+34.8%	$11.76+103.1%	$5.79-14.1%	$6.74+10.0%	$6.13-37.3%	$9.78+68.6%	$5.80+28.6%	$4.51+79.7%	$2.51-18.8%	$3.09+24.1%	$2.49+71.7%	$1.45-26.4%	$1.97+121.3%	$0.89+841.7%	-$0.12
Diluted Shares (Avg)	61M+0.1%	61M+0.1%	60M0.0%	60M-2.1%	62M-2.1%	63M-3.8%	66M-8.5%	72M-8.6%	78M-5.9%	83M-3.0%	86M-4.2%	90M-0.2%	90M-0.6%	90M+8.1%	83M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Revenue	$937.3M+23.5%	$788.2M+18.7%	$814.9M+35.8%	$733.8M+33.3%	$759.2M+49.6%	$664.2M+34.7%	$599.9M+29.0%	$550.3M+18.8%
Cost of Revenue	$508.1M+22.0%	$417.5M+13.4%	$440.9M+25.0%	$396.4M+24.4%	$416.4M+37.3%	$368.3M+15.5%	$352.6M+22.7%	$318.7M+14.2%
Gross Profit	$429.3M+25.2%	$370.7M+25.3%	$374.0M+51.3%	$337.4M+45.7%	$342.7M+67.9%	$295.9M+69.9%	$247.2M+39.2%	$231.6M+26.0%
R&D Expenses	$53.0M+11.6%	$51.8M+17.1%	$50.8M+27.2%	$48.5M+27.8%	$47.5M+7.7%	$44.3M+4.2%	$40.0M+8.3%	$38.0M+4.7%
SG&A Expenses	$36.3M+7.1%	$28.1M+13.4%	$30.3M+6.3%	$27.1M+11.2%	$33.9M+56.1%	$24.8M+21.5%	$28.5M+45.0%	$24.4M+26.6%
Operating Income	$340.0M+30.1%	$290.8M+28.2%	$292.9M+63.8%	$261.7M+54.7%	$261.4M+88.9%	$226.9M+104.0%	$178.8M+47.7%	$169.2M+31.9%
EBITDA	$344.7M+29.7%	$295.4M+26.4%	$297.4M+62.2%	$266.8M+52.2%	$265.7M+85.9%	$233.8M+101.0%	$183.4M+46.0%	$175.3M+31.4%
Income Tax	$58.2M+784.8%	$56.2M+37.2%	$57.7M+88.7%	$50.7M+65.4%	-$8.5M-147.8%	$41.0M+155.3%	$30.6M+47.5%	$30.6M+58.5%
Net Income	$284.9M+6.8%	$233.9M+29.6%	$233.6M+70.8%	$207.9M+62.4%	$266.7M+156.9%	$180.4M+136.5%	$136.8M+66.6%	$128.0M+45.9%
EPS (Basic)	$4.71+6.8%	$3.87+29.9%	$3.86+70.8%	$3.44+62.3%	$4.41+156.4%	$2.98+136.5%	$2.26+66.2%	$2.12+46.2%
EPS (Diluted)	$4.70+6.8%	$3.86+29.5%	$3.86+70.8%	$3.43+61.8%	$4.40+155.8%	$2.98+136.5%	$2.26+66.2%	$2.12+46.2%
Diluted Shares (Avg)	N/A	61M0.0%	61M+0.1%	61M+0.1%	N/A	61M+0.1%	61M+0.1%	60M+0.1%

Not reported in any period shown, so not listed: Interest Expense.

UI Balance Sheet

UI quarterly balance sheet

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Total Assets	$2.2B+49.9%	$1.5B+27.0%	$1.2B-17.9%	$1.4B+66.5%	$844.7M-5.2%	$891.0M+20.8%	$737.5M-15.8%	$875.9M-14.3%	$1.0B+5.1%	$972.7M+30.2%	$747.1M+24.4%	$600.6M+26.1%	$476.2M+62.9%	$292.3M+36.8%	$213.7M
Current Assets	$1.8B+56.4%	$1.2B+28.1%	$916.0M-21.5%	$1.2B+87.8%	$621.6M-10.5%	$694.2M+18.3%	$586.6M-22.2%	$753.8M-24.7%	$1.0B+5.1%	$952.3M+30.7%	$728.4M+25.3%	$581.3M+24.8%	$465.7M+64.3%	$283.5M+36.4%	$207.9M
Cash & Equivalents	$522.6M+249.0%	$149.7M+18.5%	$126.3M+10.0%	$114.8M-15.7%	$136.2M-45.4%	$249.4M+74.9%	$142.6M-40.1%	$238.1M-64.3%	$666.7M+10.3%	$604.2M+9.6%	$551.0M+23.4%	$446.4M+28.6%	$347.1M+52.4%	$227.8M+86.7%	$122.1M
Short-Term Investments	$88.6M	$0	$0-100.0%	$109K-74.5%	$427K-67.7%	$1.3M+42.7%	$925K-98.7%	$69.9M	$0	$0	$0	$0	$0	$0	$0
Inventory	$780.4M+15.6%	$675.1M+46.1%	$462.0M-37.3%	$737.1M+180.9%	$262.4M+12.3%	$233.8M-18.2%	$285.9M+8.2%	$264.3M+158.5%	$102.2M-28.0%	$142.0M+148.7%	$57.1M+54.2%	$37.0M-20.1%	$46.3M+191.9%	$15.9M+105.3%	$7.7M
Accounts Receivable	$301.7M+23.3%	$244.6M+44.6%	$169.1M+0.8%	$167.8M+40.3%	$119.6M-30.6%	$172.3M+21.2%	$142.2M-8.9%	$156.0M-10.6%	$174.5M+24.2%	$140.6M+69.8%	$82.8M+25.2%	$66.1M+20.5%	$54.9M+52.9%	$35.9M-52.6%	$75.6M
Long-Term Investments	$0	$0	$0	$0	$0-100.0%	$1.0M+101.8%	$513K-98.4%	$31.6M	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$757.9M-5.0%	$798.2M-24.7%	$1.1B-30.4%	$1.5B+24.0%	$1.2B+38.2%	$888.3M-14.0%	$1.0B+33.0%	$776.6M+9.9%	$706.8M+90.5%	$370.9M+20.9%	$306.7M+71.9%	$178.4M+26.6%	$140.9M-2.8%	$144.9M+75.0%	$82.8M
Current Liabilities	$626.6M-11.8%	$710.9M+149.6%	$284.8M-19.1%	$351.8M+13.1%	$310.9M+12.5%	$276.4M+4.6%	$264.3M+47.5%	$179.2M+58.7%	$112.9M+14.6%	$98.5M+8.6%	$90.7M+29.3%	$70.1M+34.1%	$52.3M-12.0%	$59.4M+13.3%	$52.4M
Non-Current Liabilities	$131.3M+50.4%	$87.3M-88.7%	$774.6M-33.8%	$1.2B+27.7%	$916.6M+49.8%	$611.9M-20.4%	$768.6M+28.7%	$597.4M+0.6%	$593.9M+118.0%	$272.5M+26.1%	$216.1M+99.5%	$108.3M+22.3%	$88.6M+3.6%	$85.5M+181.7%	$30.4M
Long-Term Debt	N/A	$0-100.0%	$669.9M-35.7%	$1.0B+36.6%	$762.6M+63.3%	$467.0M-25.7%	$628.4M+35.2%	$464.7M+0.9%	$460.4M+90.4%	$241.8M+26.2%	$191.6M+118.9%	$87.5M+21.1%	$72.3M+1.6%	$71.1M+214.4%	$22.6M
Total Equity	$1.4B+115.5%	$668.3M+603.0%	$95.1M+182.1%	-$115.7M+69.8%	-$382.9M-14285.8%	$2.7M+100.9%	-$295.5M-397.6%	$99.3M-68.6%	$315.7M-47.5%	$601.8M+36.6%	$440.4M+4.3%	$422.2M+25.9%	$335.3M+127.4%	$147.4M+12.6%	$131.0M
Retained Earnings	$1.4B+117.7%	$651.1M+671.9%	$84.4M+170.0%	-$120.5M+68.5%	-$383.1M-14639.4%	$2.6M+100.9%	-$296.0M-399.5%	$98.8M-68.7%	$315.3M-47.6%	$601.2M+36.5%	$440.3M+4.3%	$422.1M+34.8%	$313.2M+129.9%	$136.2M+90.8%	$71.4M

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Total Assets	$2.2B+49.9%	$1.7B+32.1%	$1.6B+35.9%	$1.5B+28.7%	$1.5B+27.0%	$1.3B+6.1%	$1.2B-11.3%	$1.2B-16.6%
Current Assets	$1.8B+56.4%	$1.4B+29.7%	$1.3B+34.4%	$1.2B+29.6%	$1.2B+28.1%	$1.1B+8.1%	$961.7M-13.0%	$926.5M-19.7%
Cash & Equivalents	$522.6M+249.0%	$368.7M+144.2%	$302.8M+127.5%	$177.2M+7.3%	$149.7M+18.5%	$151.0M+47.3%	$133.1M+36.4%	$165.2M+52.2%
Short-Term Investments	$88.6M	$0	$0	$0	$0	$0-100.0%	$0-100.0%	$0-100.0%
Inventory	$780.4M+15.6%	$654.0M+10.8%	$674.7M+25.6%	$680.7M+52.6%	$675.1M+46.1%	$590.5M+10.7%	$537.3M-21.4%	$446.2M-36.8%
Accounts Receivable	$301.7M+23.3%	$245.8M+10.6%	$214.4M+27.7%	$245.3M+40.6%	$244.6M+44.6%	$222.2M+18.5%	$167.9M-2.1%	$174.5M+3.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$757.9M-5.0%	$513.3M-40.5%	$592.6M-33.7%	$661.8M-31.8%	$798.2M-24.7%	$862.2M-28.0%	$893.3M-33.9%	$969.8M-33.2%
Current Liabilities	$626.6M-11.8%	$394.1M-49.4%	$475.5M+10.0%	$573.1M+57.4%	$710.9M+149.6%	$778.5M+207.1%	$432.3M+50.2%	$364.1M+7.7%
Non-Current Liabilities	$131.3M+50.4%	$119.2M+42.5%	$117.1M-74.6%	$88.7M-85.4%	$87.3M-88.7%	$83.6M-91.1%	$461.0M-56.6%	$605.7M-45.6%
Long-Term Debt	N/A	N/A	$47.5M-87.5%	$133.8M-74.6%	$0-100.0%	$0-100.0%	$381.1M-60.2%	$527.2M-47.7%
Total Equity	$1.4B+115.5%	$1.2B+175.7%	$1.0B+249.7%	$828.4M+340.3%	$668.3M+603.0%	$436.1M+1585.6%	$290.4M+1947.4%	$188.1M+398.3%
Retained Earnings	$1.4B+117.7%	$1.2B+180.8%	$995.8M+260.1%	$810.6M+360.4%	$651.1M+671.9%	$420.7M+2400.1%	$276.6M+1292.9%	$176.1M+355.0%

Not reported in any period shown, so not listed: Goodwill.

UI Cash Flow Statement

UI quarterly cash flow statement

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Operating Cash Flow	$928.7M+45.1%	$640.0M+18.2%	$541.5M+472.4%	-$145.4M-139.3%	$370.3M-39.5%	$612.0M+33.0%	$460.3M+77.5%	$259.3M-21.9%	$332.0M+196.4%	$112.0M-43.3%	$197.5M+46.8%	$134.5M+10.9%	$121.3M-8.0%	$131.9M+61.3%	$81.8M
Depreciation & Amortization	$18.9M-13.5%	$21.9M+13.8%	$19.3M+18.2%	$16.3M+19.0%	$13.7M+13.1%	$12.1M+57.2%	$7.7M+1.8%	$7.6M+3.4%	$7.3M+2.9%	$7.1M+17.7%	$6.0M+21.4%	$5.0M+76.3%	$2.8M+43.6%	$2.0M+226.1%	$602K
Stock-Based Compensation	$7.4M+3.3%	$7.2M+13.4%	$6.4M+34.3%	$4.7M+34.6%	$3.5M+16.1%	$3.0M+4.9%	$2.9M-0.1%	$2.9M-9.9%	$3.2M+15.2%	$2.8M-25.1%	$3.7M-25.5%	$5.0M+1.8%	$4.9M+45.3%	$3.4M+126.1%	$1.5M
Capital Expenditures	$19.7M+56.8%	$12.6M+5.1%	$12.0M-42.8%	$20.9M+55.4%	$13.5M-26.5%	$18.3M-40.2%	$30.6M-40.8%	$51.7M+467.0%	$9.1M+26.0%	$7.2M+15.7%	$6.2M-50.9%	$12.7M+214.6%	$4.0M-24.6%	$5.4M+62.0%	$3.3M
Free Cash Flow	$908.9M+44.9%	$627.4M+18.5%	$529.5M+418.3%	-$166.4M-146.6%	$356.8M-39.9%	$593.7M+38.2%	$429.7M+107.0%	$207.6M-35.7%	$322.9M+208.1%	$104.8M-45.2%	$191.3M+57.0%	$121.8M+3.9%	$117.3M-7.3%	$126.5M+61.2%	$78.5M
Investing Cash Flow	-$109.1M-766.6%	-$12.6M-5.1%	-$12.0M+42.8%	-$20.9M-87.2%	-$11.2M+42.0%	-$19.3M-127.7%	$69.6M+144.2%	-$157.6M-1628.7%	-$9.1M-26.0%	-$7.2M-15.7%	-$6.2M+50.9%	-$12.7M-214.6%	-$4.0M+24.6%	-$5.4M-62.0%	-$3.3M
Financing Cash Flow	-$446.8M+26.0%	-$604.1M-16.6%	-$518.0M-457.3%	$145.0M+130.7%	-$472.3M+2.8%	-$486.0M+22.3%	-$625.4M-17.9%	-$530.2M-103.6%	-$260.4M-404.4%	-$51.6M+40.4%	-$86.6M-284.7%	-$22.5M-1232.2%	$2.0M+109.6%	-$20.8M+36.7%	-$32.8M
Dividends Paid	$193.6M+33.4%	$145.2M0.0%	$145.1M0.0%	$145.0M-2.0%	$148.1M+46.9%	$100.8M+28.1%	$78.7M+10.3%	$71.4M	$0	$0	$0-100.0%	$15.0M	$0-100.0%	$15.7M	$0
Share Buybacks	N/A	N/A	$0	$0-100.0%	$618.1M+181.3%	$219.8M-68.6%	$700.1M+49.5%	$468.2M+5.2%	$445.0M+322.9%	$105.2M-45.6%	$193.5M	N/A	N/A	N/A	N/A

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Operating Cash Flow	$298.5M+129.0%	$167.8M+35.8%	$263.9M+73.1%	$198.5M-15.1%	$130.4M-43.7%	$123.6M-24.6%	$152.4M+94.0%	$233.7M+245.2%
Depreciation & Amortization	$4.7M+9.8%	$4.6M-33.1%	$4.5M-1.1%	$5.1M-16.9%	$4.3M-5.6%	$6.9M+36.2%	$4.6M+1.6%	$6.1M+19.4%
Stock-Based Compensation	N/A	$1.6M-12.8%	$1.9M+6.2%	$1.9M+11.1%	N/A	$1.8M+11.1%	$1.8M+19.1%	$1.7M+13.1%
Capital Expenditures	$5.4M+4.3%	$5.6M+96.6%	$3.6M+82.8%	$5.2M+98.1%	$5.2M+177.0%	$2.8M-12.5%	$2.0M-48.4%	$2.6M-13.9%
Free Cash Flow	$293.1M+134.2%	$162.2M+34.4%	$260.3M+73.0%	$193.3M-16.3%	$125.2M-45.5%	$120.7M-24.8%	$150.4M+101.3%	$231.1M+257.4%
Investing Cash Flow	-$94.7M-1732.9%	-$5.6M-96.6%	-$3.6M-82.8%	-$5.2M-98.1%	-$5.2M-177.0%	-$2.8M+12.5%	-$2.0M+48.4%	-$2.6M+13.9%
Financing Cash Flow	-$49.9M+60.5%	-$96.4M+6.3%	-$134.7M+26.2%	-$165.8M+13.7%	-$126.4M+38.5%	-$102.9M+33.9%	-$182.5M-113.1%	-$192.2M-170.9%
Dividends Paid	$48.4M+33.4%	$48.4M+33.4%	$48.4M+33.4%	$48.4M+33.4%	$36.3M0.0%	$36.3M0.0%	$36.3M0.0%	$36.3M0.0%

Not reported in any period shown, so not listed: Share Buybacks.

UI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

UI quarterly financial ratios

Metric	FY2610-K	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K
Gross Margin	46.2%+2.7pp	43.4%+5.1pp	38.4%-0.8pp	39.2%-0.4pp	39.6%-8.5pp	48.1%+0.7pp	47.3%+1.1pp	46.3%+2.7pp	43.6%-2.1pp	45.7%-3.0pp	48.7%+4.7pp	44.0%-0.3pp	44.3%+2.1pp	42.2%-0.5pp	42.7%
Operating Margin	36.2%+3.7pp	32.5%+6.6pp	25.9%-2.2pp	28.1%+0.7pp	27.3%-11.8pp	39.1%+1.9pp	37.2%+3.3pp	33.9%+1.9pp	32.1%-1.4pp	33.5%-2.8pp	36.3%+11.7pp	24.6%-9.6pp	34.2%+5.4pp	28.9%-6.6pp	35.4%
Net Margin	29.3%+1.7pp	27.7%+9.5pp	18.1%-2.9pp	21.0%-1.4pp	22.4%-10.1pp	32.5%+2.9pp	29.6%+1.8pp	27.8%+8.5pp	19.3%-10.5pp	29.8%-2.3pp	32.1%+10.3pp	21.8%-9.2pp	30.9%+5.8pp	25.1%-3.9pp	29.0%
Return on Equity	66.7%-39.8pp	106.5%-261.6pp	368.2%	N/A	N/A	22844.9%	N/A	325.0%+262.9pp	62.2%+19.4pp	42.8%-5.7pp	48.5%+17.8pp	30.7%-22.1pp	52.8%-1.8pp	54.6%-23.7pp	78.3%
Return on Assets	43.7%-4.9pp	48.5%+18.2pp	30.3%+1.3pp	29.0%-15.8pp	44.8%-24.4pp	69.2%+17.6pp	51.6%+14.7pp	36.8%+17.6pp	19.2%-7.3pp	26.5%-2.1pp	28.6%+7.0pp	21.6%-15.6pp	37.2%+9.6pp	27.5%-20.5pp	48.0%
Current Ratio	2.93+1.3x	1.65-1.6x	3.22-0.1x	3.32+1.3x	2.00-0.5x	2.51+0.3x	2.22-2.0x	4.21-4.7x	8.87-0.8x	9.67+1.6x	8.03-0.3x	8.29-0.6x	8.90+4.1x	4.77+0.8x	3.96
Debt-to-Equity	0.53+0.5x	0.00-7.0x	7.05	N/A	N/A	173.04	N/A	4.68+3.2x	1.46+1.1x	0.400.0x	0.43+0.2x	0.210.0x	0.22-0.3x	0.48+0.3x	0.17
Asset Turnover	1.49-0.3x	1.75+0.1x	1.67+0.3x	1.38-0.6x	2.00-0.1x	2.13+0.4x	1.74+0.4x	1.33+0.3x	0.99+0.1x	0.890.0x	0.89-0.1x	0.99-0.2x	1.20+0.1x	1.10-0.6x	1.65
FCF Margin	27.8%+3.4pp	24.4%-3.1pp	27.5%+36.0pp	-8.6%-29.7pp	21.1%-10.2pp	31.3%-2.2pp	33.5%+15.6pp	17.9%-13.9pp	31.8%+19.7pp	12.1%-16.6pp	28.7%+8.3pp	20.4%-0.1pp	20.5%-18.9pp	39.4%+17.2pp	22.2%

Metric	Q4'2610-K	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q
Gross Margin	45.8%+0.7pp	47.0%+2.5pp	45.9%+4.7pp	46.0%+3.9pp	45.1%+4.9pp	44.5%+9.2pp	41.2%+3.0pp	42.1%+2.4pp
Operating Margin	36.3%+1.8pp	36.9%+2.7pp	35.9%+6.1pp	35.7%+4.9pp	34.4%+7.2pp	34.2%+11.6pp	29.8%+3.8pp	30.8%+3.0pp
Net Margin	30.4%-4.7pp	29.7%+2.5pp	28.7%+5.9pp	28.3%+5.1pp	35.1%+14.7pp	27.2%+11.7pp	22.8%+5.1pp	23.3%+4.3pp
Return on Equity	19.8%-20.1pp	19.5%-21.9pp	23.0%-24.1pp	25.1%-42.9pp	39.9%-69.3pp	41.4%-253.5pp	47.1%	68.0%
Return on Assets	13.0%-5.2pp	13.6%-0.3pp	14.5%+3.0pp	14.0%+2.9pp	18.2%+9.2pp	13.9%+7.7pp	11.6%+5.4pp	11.1%+4.7pp
Current Ratio	2.93+1.3x	3.56+2.2x	2.72+0.5x	2.09-0.5x	1.65-1.6x	1.39-2.6x	2.22-1.6x	2.54-0.9x
Debt-to-Equity	0.53+0.5x	0.43+0.4x	0.05-1.3x	0.16-2.6x	0.00-7.0x	0.00-32.4x	1.31	2.80
Asset Turnover	0.43-0.1x	0.46-0.1x	0.510.0x	0.490.0x	0.52+0.1x	0.51+0.1x	0.51+0.2x	0.48+0.1x
FCF Margin	31.3%+14.8pp	20.6%+2.4pp	31.9%+6.9pp	26.3%-15.6pp	16.5%-28.7pp	18.2%-14.4pp	25.1%+9.0pp	42.0%+28.0pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Ubiquiti Inc. UI	FY2026	$3.3B	$960.3M	29.3%	$37.9B	84/100
Hewlett Packard Enterprise Company HPE	FY2025	$34.3B	$57.0M	0.2%	$90.7B	35/100
Ciena Corporation CIEN	FY2025	$4.8B	$123.3M	2.6%	$55.3B	55/100
Motorola Solutions, Inc. New MSI	FY2025	$11.7B	$2.2B	18.4%	$75.4B	63/100

Where Ubiquiti Inc. Ranks

Frequently Asked Questions

What is Ubiquiti Inc.'s annual revenue?

Ubiquiti Inc. (UI) reported $3.3B in total revenue for fiscal year 2026. This represents a 27.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Ubiquiti Inc.'s revenue growing?

Ubiquiti Inc. (UI) revenue grew by 27.2% year-over-year, from $2.6B to $3.3B in fiscal year 2026.

Is Ubiquiti Inc. profitable?

Yes, Ubiquiti Inc. (UI) reported a net income of $960.3M in fiscal year 2026, with a net profit margin of 29.3%.

What is Ubiquiti Inc.'s EBITDA?

Ubiquiti Inc. (UI) had EBITDA of $1.2B in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

What is Ubiquiti Inc.'s gross margin?

Ubiquiti Inc. (UI) had a gross margin of 46.2% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Ubiquiti Inc.'s operating margin?

Ubiquiti Inc. (UI) had an operating margin of 36.2% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Ubiquiti Inc.'s net profit margin?

Ubiquiti Inc. (UI) had a net profit margin of 29.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Ubiquiti Inc. pay dividends?

Yes, Ubiquiti Inc. (UI) paid $3.20 per share in dividends during fiscal year 2026.

What is Ubiquiti Inc.'s return on equity (ROE)?

Ubiquiti Inc. (UI) has a return on equity of 66.7% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Ubiquiti Inc.'s free cash flow?

Ubiquiti Inc. (UI) generated $908.9M in free cash flow during fiscal year 2026. This represents a 44.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Ubiquiti Inc.'s operating cash flow?

Ubiquiti Inc. (UI) generated $928.7M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Ubiquiti Inc.'s total assets?

Ubiquiti Inc. (UI) had $2.2B in total assets as of fiscal year 2026, including both current and long-term assets.

What are Ubiquiti Inc.'s capital expenditures?

Ubiquiti Inc. (UI) invested $19.7M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Ubiquiti Inc. spend on research and development?

Ubiquiti Inc. (UI) invested $204.2M in research and development during fiscal year 2026.

How many shares does Ubiquiti Inc. have outstanding?

Ubiquiti Inc. (UI) had 61M shares outstanding as of fiscal year 2026.

What is Ubiquiti Inc.'s current ratio?

Ubiquiti Inc. (UI) had a current ratio of 2.93 as of fiscal year 2026, which is generally considered healthy.

What is Ubiquiti Inc.'s debt-to-equity ratio?

Ubiquiti Inc. (UI) had a debt-to-equity ratio of 0.53 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Ubiquiti Inc.'s return on assets (ROA)?

Ubiquiti Inc. (UI) had a return on assets of 43.7% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Ubiquiti Inc.'s P/E ratio?

Ubiquiti Inc. (UI) trades at 39.5x earnings, its market capitalization divided by net income of $960.3M net income, FY2026. The market capitalization is $37.9B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Ubiquiti Inc.'s price-to-sales ratio?

Ubiquiti Inc. (UI) trades at 11.6x sales, its market capitalization divided by revenue of $3.3B revenue, FY2026. The market capitalization is $37.9B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Ubiquiti Inc.'s Altman Z-Score?

Ubiquiti Inc. (UI) has an Altman Z-Score of 34.85, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Ubiquiti Inc.'s Piotroski F-Score?

Ubiquiti Inc. (UI) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Ubiquiti Inc.'s earnings high quality?

Ubiquiti Inc. (UI) has an earnings quality ratio of 0.97x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Ubiquiti Inc.?

Ubiquiti Inc. (UI) scores 84 out of 100 on our Financial Health Score, indicating strong standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.