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Universal Electronics Inc 10-Q Filings

UEIC NASDAQ

Every 10-Q that Universal Electronics Inc (UEIC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow UEIC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UEIC filings page.

Rhea-AI Summary

Universal Electronics reported sharply lower revenue but improved profitability for the quarter ended June 30, 2026. Net sales fell 25.0% to $73.2 million, driven by softer demand in both connected home and home entertainment channels. Gross margin rose to 35.4% from 29.9%, helped by monetization of IEEPA tariff refund claims, mix benefits and lower freight costs. Operating income increased to $4.8 million from $1.0 million, and the company posted net income of $1.6 million, or $0.12 diluted EPS, versus a net loss of $2.9 million a year earlier. For the first six months, net sales were $152.3 million with a net loss of $5.7 million.

Cash and cash equivalents were $32.4 million, supplemented by $48.7 million of available borrowing capacity across U.S. and China credit lines. Operating cash flow was $5.5 million, as inventories declined by $8.1 million. The company sold tariff refund claims for about $7.6 million and recorded a $6.9 million IEEPA receivable plus a $3.9 million liability for expected customer refunds, while continuing to face macro headwinds from tariffs, foreign exchange volatility, and weaker consumer demand.

Rhea-AI Summary

Universal Electronics Inc. reported Q1 2026 net sales of $79.0 million, down from $92.3 million a year earlier, as demand softened in both connected home and home entertainment channels. Gross margin fell to 26.1% from 28.3%, pressured by less favorable sales mix and higher tariffs, partly offset by procurement savings.

The company posted a net loss of $7.3 million, or $0.58 per share, compared with a $6.3 million loss, as higher tax expense offset lower operating costs. Operating cash flow was a modest outflow of $0.8 million, with inventories reduced by $9.8 million. Cash stood at $29.8 million and total borrowings on credit lines were $23.2 million, leaving substantial undrawn capacity.

The U.S. credit agreement was amended to double the limit on restricted payments, and the board expanded the Share Repurchase Program by up to 1,000,000 additional shares. In litigation, Roku’s asserted patents were fully invalidated and its related district court case was voluntarily dismissed. The company also filed a complaint in the Court of International Trade seeking refunds of certain tariff duties but has not recorded any benefit from potential refunds.

Rhea-AI Summary

Universal Electronics (UEIC) reported Q3 2025 results. Net sales were $90,552, down year over year, with a net loss of $8,329 and a basic and diluted loss per share of $0.62. Gross profit was $25,122 as cost controls partially offset lower volume.

Channel mix shifted: connected home sales rose to $29,793 while home entertainment declined to $60,759. Daikin Industries accounted for 20.5% of quarterly net sales ($18,576). Operating cash flow improved to $27,837 for the nine‑month period, lifting cash to $31,506 and reducing lines of credit to $18,256 current, with none outstanding on the U.S. facility at quarter end.

UEI continued cost actions, recording $0.8 million in factory restructuring charges and a $1.2 million impairment tied to ceasing production in Mexico. Accounts receivable fell to $83,800 and inventories were $80,605. The company remained in compliance with credit covenants; U.S. availability was $54.1 million at September 30, 2025. Shares outstanding were 13,366,106 as of November 4, 2025.