Ubiquiti Inc. logo

Ubiquiti Inc.

UI

NYSETechnologyCommunication Equipment

Previous close

$559

−$14.87 · -2.59%

Aug 21, 4:00 PM ET

UI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

82

Deep Value

Momentum

33

Weakening

Sentiment

49

Mixed

Risk resilience

45

Elevated Risk

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Company profile

Company website

Ubiquiti Inc. develops networking technology for service providers, enterprises, and consumers in North America, Europe, the Middle East, Africa, Asia Pacific, South America. The company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home, and personal use. Its service provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing and related software; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, door access systems, and other WLAN products. It also provides technology platforms, such as UniFi Cloud Gateway, an Enterprise class internet and security gateway device; UniFi Wi-Fi, an enterprise Wi-Fi system; UniFi Protect, a video surveillance platform; UniFi Switch that deliver performance, switching, and power of ethernet support for enterprise networks; UniFi Access, a door access solution; UniFi Talk, a plug-and-play phone system and VoIP subscription service, as well as UniFi Connect and its AmpliFi platform. In addition, the company offers airMAX, which include proprietary protocols that contain technologies for minimizing signal noise; airFiber, a wireless backhauls point-to-point radio system; UFiber GPON, a plug and play fiber network technology to build high speed fiber internet networks; and Wave, a technology platform. Further, the company provides base stations, radios, backhaul equipment, and customer premise equipment; embedded radio products; and antennas. It serves customers through a network of distributors, online retailers, and direct to customers through webstores. The company was formerly known as Ubiquiti Networks, Inc. and changed its name to Ubiquiti Inc. in August 2019. Ubiquiti Inc. was incorporated in 2003 and is headquartered in New York, New York.

Industry
Communication Equipment
Sector
Technology
Headquarters
US
CEO
Robert J. Pera
Listed since
Oct 14, 2011
Employees
1,818

Market position

Day range

Current $559

52-week range

Current $559

Open
$594.47
Previous close
$573.87
Volume
428.54K
3.47× average
Average volume
123.52K
Average daily volume
Market cap
33.83B USD
Beta
1.31
Market reference 1
50-day average
$553.85
+0.93% above average
200-day average
$658.92
-15.16% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
31.87B USD
P/E (TTM)
35.22×
P/B (TTM)
23.49×
P/S (TTM)
10.33×
EV / EBITDA
26.94×
Earnings yield
2.97%
Free cash flow yield
2.81%
Dividend yield
0.57%

Profitability & efficiency

Gross margin
46.16%
Operating margin
36.21%
Net margin
29.33%
Return on equity
66.68%
Return on assets
43.69%
Return on invested capital
60.66%

Financial health

Debt / equity
0.06×
Current ratio
2.93×
Altman Z-score
31.61
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends49%38%27%15%Gross margin, FY2022: 39.59%Gross margin, FY2023: 39.20%Gross margin, FY2024: 38.36%Gross margin, FY2025: 43.42%Gross margin, FY2026: 46.16%Operating margin, FY2022: 27.33%Operating margin, FY2023: 28.06%Operating margin, FY2024: 25.88%Operating margin, FY2025: 32.50%Operating margin, FY2026: 36.21%Net margin, FY2022: 22.38%Net margin, FY2023: 21.01%Net margin, FY2024: 18.15%Net margin, FY2025: 27.66%Net margin, FY2026: 29.33%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 39.59%. Gross margin FY2023 39.20%. Gross margin FY2024 38.36%. Gross margin FY2025 43.42%. Gross margin FY2026 46.16%. Operating margin FY2022 27.33%. Operating margin FY2023 28.06%. Operating margin FY2024 25.88%. Operating margin FY2025 32.50%. Operating margin FY2026 36.21%. Net margin FY2022 22.38%. Net margin FY2023 21.01%. Net margin FY2024 18.15%. Net margin FY2025 27.66%. Net margin FY2026 29.33%.

Income trends

Revenue

3.27B USD+27.22%

Operating income

1.19B USD+41.75%

Net income

960.3M USD+34.89%
Income trends across reported periods3.57B USD2.4B USD1.23B USD57.54M USDRevenue, FY2022: 1.69B USDRevenue, FY2023: 1.94B USDRevenue, FY2024: 1.93B USDRevenue, FY2025: 2.57B USDRevenue, FY2026: 3.27B USDOperating income, FY2022: 462.26M USDOperating income, FY2023: 544.57M USDOperating income, FY2024: 499M USDOperating income, FY2025: 836.28M USDOperating income, FY2026: 1.19B USDNet income, FY2022: 378.66M USDNet income, FY2023: 407.64M USDNet income, FY2024: 349.96M USDNet income, FY2025: 711.92M USDNet income, FY2026: 960.3M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.69B USD. Revenue FY2023 1.94B USD. Revenue FY2024 1.93B USD. Revenue FY2025 2.57B USD. Revenue FY2026 3.27B USD. Operating income FY2022 462.26M USD. Operating income FY2023 544.57M USD. Operating income FY2024 499M USD. Operating income FY2025 836.28M USD. Operating income FY2026 1.19B USD. Net income FY2022 378.66M USD. Net income FY2023 407.64M USD. Net income FY2024 349.96M USD. Net income FY2025 711.92M USD. Net income FY2026 960.3M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue3.27B USD2.57B USD1.93B USD1.94B USD1.69B USD
Cost of goods sold1.76B USD1.46B USD1.19B USD1.18B USD1.02B USD
Gross profit1.51B USD1.12B USD739.76M USD760.73M USD669.81M USD
Research and development204.17M USD169.67M USD159.77M USD145.17M USD137.69M USD
Selling, general, and administrative121.77M USD111.5M USD81M USD70.99M USD69.86M USD
Operating expenses325.93M USD281.17M USD240.77M USD216.17M USD207.55M USD
Interest expense30.63M USD75.17M USD58.22M USD17.82M USD
Depreciation and amortization21.9M USD19.25M USD16.29M USD13.69M USD
Operating income1.19B USD836.28M USD499M USD544.57M USD462.26M USD
Net income960.3M USD711.92M USD349.96M USD407.64M USD378.66M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+15.23%
11 comparable reports
Latest EPS result
4.73
Estimate 4.03 · Beat by 17.37%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.953.882.821.75Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 2.28, estimate 2.14, surprise +6.54%, Beat. Q2 2025, reported May 9, 2025: actual 3, estimate 1.97, surprise +52.28%, Beat. Q3 2025, reported Aug 22, 2025: actual 3.54, estimate 2.23, surprise +58.74%, Beat. Q4 2025, reported Nov 7, 2025: actual 3.46, estimate 2.93, surprise +18.09%, Beat. Q1 2026, reported Feb 6, 2026: actual 3.88, estimate 3.08, surprise +25.97%, Beat. Q2 2026, reported May 8, 2026: actual 3.88, estimate 4.29, surprise -9.56%, Miss. Q3 2026, reported Aug 21, 2026: actual 4.73, estimate 4.03, surprise +17.37%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 3.93, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates974.82M809.83M644.85M479.87MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 7, 2025: actual 599.88M USD, estimate 517.36M USD, surprise +15.95%, Beat. Q2 2025, reported May 9, 2025: actual 664.17M USD, estimate 622.38M USD, surprise +6.71%, Beat. Q3 2025, reported Aug 22, 2025: actual 759.15M USD, estimate 635.2M USD, surprise +19.51%, Beat. Q4 2025, reported Nov 7, 2025: actual 733.77M USD, estimate 702.38M USD, surprise +4.47%, Beat. Q1 2026, reported Feb 6, 2026: actual 814.87M USD, estimate 726.81M USD, surprise +12.12%, Beat. Q2 2026, reported May 8, 2026: actual 788.2M USD, estimate 814.3M USD, surprise -3.20%, Miss. Q3 2026, reported Aug 21, 2026: actual 937.32M USD, estimate 850.5M USD, surprise +10.21%, Beat. Q4 2026, reported Nov 6, 2026: actual —, estimate 918.85M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$672

20.21% upside
Past 12 months12-month forecastHigh $672Average $672Low $672

UI news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.80

2025 complete year+40.0% since 2021

2026 partial: $1.60

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Aug 31, 2026

$1.00

Quarterly

Record Aug 31, 2026 · Payment Sep 8, 2026

Dividend

Ex-dividend May 18, 2026

$0.80

Quarterly

Record May 18, 2026 · Payment May 26, 2026

Dividend

Ex-dividend Feb 17, 2026

$0.80

Quarterly

Record Feb 17, 2026 · Payment Feb 23, 2026

Dividend

Ex-dividend Nov 17, 2025

$0.80

Quarterly

Record Nov 17, 2025 · Payment Nov 24, 2025

Dividend

Ex-dividend Sep 2, 2025

$0.80

Quarterly

Record Sep 2, 2025 · Payment Sep 8, 2025

Dividend

Ex-dividend May 19, 2025

$0.60

Quarterly

Record May 19, 2025 · Payment May 27, 2025

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