Ubiquiti Inc. logo UI - Ubiquiti Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 6
HOLD 10
SELL 5
STRONG
SELL
0
| PRICE TARGET: $489.00 DETAILS
HIGH: $489.00
LOW: $489.00
MEDIAN: $489.00
CONSENSUS: $489.00
DOWNSIDE: 21.20%
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Revenue
Revenue 3,274.2 2,573.5 1,928.5 1,940.5 1,691.7 1,898.1 1,284.5 1,161.7 1,016.9 865.3 666.4 595.9 572.5 320.8 353.5 197.9 137.0 63.1
Cost of Revenue 1,762.8 1,456.1 1,188.7 1,179.8 1,021.9 985.8 676.3 624.1 573.3 469.6 341.6 333.8 319.0 185.5 202.5 117.1 82.4 37.2
Gross Profit 1,511.4 1,117.5 739.8 760.7 669.8 912.3 608.2 537.6 443.6 395.7 324.8 262.2 253.5 135.3 151.0 80.8 54.5 25.9
Operating Expenses
R&D Expenses 204.2 169.7 159.8 145.2 137.7 116.2 89.4 82.1 74.3 69.1 57.8 54.6 34.0 21.0 16.7 11.4 31.7 5.2
SG&A Expenses 121.8 111.5 81.0 71.0 69.9 53.5 40.6 43.2 43.1 36.9 33.3 21.6 23.6 21.8 9.0 7.4 18.2 2.9
Other Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 325.9 281.2 240.8 216.2 207.5 169.7 130.0 125.3 117.4 105.9 91.0 76.2 57.5 42.7 25.7 18.7 49.9 8.1
Operating Income
Operating Income 1,185.4 836.3 499.0 544.6 462.3 742.6 478.2 394.3 326.1 289.8 242.1 146.9 195.9 92.6 125.3 62.1 4.7 17.8
Interest Expense 2.4 30.6 75.2 58.2 17.8 14.9 28.0 12.8 12.0 4.7 2.1 1.1 1.3 0.9 1.3 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0.1 0.1
Profitability
EBITDA 1,204.4 858.2 518.2 560.9 476.0 754.7 485.9 401.9 333.4 289.8 248.3 191.0 198.8 94.6 125.9 62.3 4.8 17.9
EBIT 1,185.4 836.3 499.0 544.6 462.3 742.6 478.2 394.3 326.1 289.8 242.1 186.0 195.9 92.6 125.3 62.1 4.7 17.8
Income Before Tax 1,183.1 805.7 423.8 486.3 444.4 727.7 450.2 381.5 314.1 285.0 239.9 145.7 194.6 91.8 124.0 62.2 5.3 17.9
Income Tax Expense 222.8 93.7 73.9 78.7 65.8 111.1 69.9 58.8 117.9 27.5 26.3 16.1 17.7 11.3 21.4 12.4 10.7 8.1
Net Income 960.3 711.9 350.0 407.6 378.7 616.6 380.3 322.7 196.3 257.5 213.6 129.7 176.9 80.5 102.6 49.7 (5.5) 9.9
Per Share Data
EPS (Basic) 15.87 11.77 5.79 6.75 6.14 9.79 5.81 4.52 2.54 3.16 2.53 1.47 2.02 0.91 -0.12 0.08 -0.09 0.16
EPS (Diluted) 15.85 11.76 5.79 6.74 6.13 9.78 5.80 4.51 2.51 3.09 2.49 1.45 1.97 0.89 -0.12 0.08 -0.09 0.16
Shares Outstanding 60.5 60.5 60.5 60.4 61.7 63.0 65.4 71.4 77.2 81.5 84.4 88.0 87.8 88.3 83.5 62.7 62.7 62.7
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Current Assets
Cash & Cash Equivalents 522.6 149.7 126.3 114.8 136.2 249.4 142.6 238.1 666.7 604.2 551.0 446.4 347.1 227.8 122.1 76.4 28.4 13.7
Short-Term Investments 88.6 0 0 0.1 0.4 1.3 0.9 69.9 0 0 0 0 0 0 0 0 0 0
Net Receivables 301.7 253.4 173.7 167.8 119.6 172.3 142.2 156.0 174.5 140.6 82.8 66.1 54.9 38.1 76.7 39.8 36.3 7.5
Inventory 780.4 675.1 462.0 737.1 262.4 233.8 285.9 264.3 102.2 142.0 57.1 37.0 46.3 15.9 7.7 5.7 4.8 1.3
Other Current Assets 73.2 39.5 23.7 22.0 13.2 17.3 9.0 13.8 18.9 9.0 6.9 31.8 17.4 3.9 2.5 0 6.9 0.2
Total Current Assets 1,834.5 1,173.2 916.0 1,167.0 621.6 694.2 586.6 753.8 1,001.4 950.6 728.6 581.3 465.7 283.5 207.0 128.1 81.1 26.4
Non-Current Assets
Property, Plant & Equipment 151.8 118.2 128.9 144.3 144.5 119.1 103.0 13.6 14.3 12.9 13.0 15.6 7.3 6.0 4.5 1.0 0.8 0.3
Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 1.7 2.6 4.2 5.7 7.2 8.7 3.1 3.3 0.5 0.4 0.6 0.6 54.9 1.0 75.6 0 0 0
Long-Term Investments 0 0 0 0 0 1.0 0.5 31.6 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 66.4 64.5 69.4 65.6 64.8 63.3 40.2 70.7 3.3 1.9 1.0 1.5 1.1 1.9 0.4 2.2 0.2 0.0
Total Non-Current Assets 363.7 293.2 238.4 239.4 223.1 196.8 150.8 122.1 21.2 20.4 19.4 19.2 10.4 9.4 6.7 3.6 1.0 0.3
Total Assets 2,198.2 1,466.5 1,154.4 1,406.4 844.7 891.0 737.5 875.9 1,022.6 971.0 748.1 600.6 476.2 292.9 213.7 131.7 82.1 26.7
Current Liabilities
Account Payables 432.2 164.8 51.1 154.2 83.7 112.1 155.5 38.7 14.1 49.0 51.5 43.9 33.9 36.2 26.4 14.8 5.7 1.8
Short-Term Debt 0 249.6 36.5 36.5 23.9 23.9 24.1 30.7 24.4 14.7 11.0 10 0 5.0 7.0 0 0 0
Deferred Revenue 56.5 38.8 21.6 19.1 21.8 24.3 18.5 18.3 9.3 7.2 3.8 2.6 6.1 5.8 1.0 3.4 10.7 0
Other Current Liabilities 27.4 144.7 95.7 77.9 103.8 67.9 11.5 9.2 8.2 9.7 6.6 6.1 6.3 5.6 4.0 3.1 0 1.5
Total Current Liabilities 626.6 710.9 284.8 351.8 310.9 276.4 264.3 179.2 112.9 96.8 90.9 70.1 52.3 61.0 60.2 37.8 26.1 5.7
Non-Current Liabilities
Long-Term Debt 0 0 669.9 1,041.4 762.6 467.0 628.4 464.7 460.4 241.8 191.6 87.5 72.3 71.1 22.6 0 0 0
Deferred Tax Liabilities 0.3 0.3 0.5 0.2 0 0 0 0 0 0 0 0 0 0 0 1.9 2.0 2.9
Other Non-Current Liabilities 24.8 25.5 53.6 74.9 94.2 104.0 115.4 126.2 129.3 30.6 23.2 18.3 14.1 11.9 7.5 0.0 106.8 0
Total Non-Current Liabilities 131.3 87.3 774.6 1,170.3 916.6 611.9 768.6 597.4 593.9 272.5 216.8 108.3 88.6 85.5 22.6 1.9 108.8 2.9
Total Liabilities 757.9 798.2 1,059.4 1,522.1 1,227.6 888.3 1,032.9 776.6 706.8 369.3 307.7 178.4 140.9 146.4 82.8 39.7 134.9 8.6
Stockholders' Equity
Common Stock 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.0 0.0
Retained Earnings 1,417.8 651.1 84.4 (120.5) (383.1) 2.6 (296.0) 98.8 315.3 601.2 440.3 422.1 313.2 136.2 71.4 15.0 7.4 16.6
Accumulated Other Comprehensive Income (0.0) 0 0 0 (0.5) 0.0 0.0 0.4 0 0 0 0 0 0 0 0 0 0
Total Stockholders' Equity 1,440.2 668.3 95.1 (115.7) (382.9) 2.7 (295.5) 99.3 315.7 601.8 440.4 422.2 335.3 146.4 131.0 92.0 (52.8) 18.1
Total Liabilities & Equity 2,198.2 1,466.5 1,154.4 1,406.4 844.7 891.0 737.5 875.9 1,022.6 971.0 748.1 600.6 476.2 292.9 213.7 131.7 82.1 26.7
Debt Metrics
Total Debt 80.0 297.4 757.3 1,138.3 853.3 532.3 678.1 495.4 484.8 256.6 203.5 97.5 72.3 76.1 29.6 0 0 0
Net Debt (442.6) 147.7 630.9 1,023.4 717.0 282.9 535.5 257.2 (181.9) (347.6) (347.5) (348.9) (274.8) (151.7) (92.5) (76.4) (28.4) (13.7)
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Operating Activities
Net Income 960.3 711.9 350.0 407.6 378.7 616.6 380.3 322.7 196.3 257.5 213.6 129.7 176.9 80.5 102.6 49.7 (5.5) 9.9
Depreciation & Amortization 18.9 21.9 19.3 16.3 13.7 12.1 7.7 7.6 7.3 7.4 6.3 5.0 2.8 2.0 0.6 0.2 0.1 0.1
Stock-Based Compensation 7.4 7.2 6.4 4.7 3.5 3.0 2.9 2.9 3.2 2.8 3.7 5.0 4.9 3.4 1.5 1.0 0.3 0.5
Change in Working Capital (33.5) (59.4) 132.1 (570.2) (38.1) (32.3) 52.4 (78.3) 105.6 (157.1) (27.1) (11.7) (62.9) 45.9 (9.2) 13.1 (21.0) (3.7)
Other Non-Cash Items 11.4 30.5 45.8 13.0 14.3 13.3 18.2 4.2 17.6 2.5 2.1 7.6 (2.5) (0.2) (12.8) (0.0) 0.7 0
Operating Cash Flow 928.7 640.0 541.5 (145.4) 370.3 612.0 460.3 259.3 332.0 112.0 197.5 134.5 121.3 131.9 81.8 62.8 (26.0) 7.3
Investing Activities
Capital Expenditure (19.7) (12.6) (12.0) (20.9) (13.5) (18.3) (30.6) (9.7) (9.1) (7.2) (6.2) (12.7) (4.0) (5.4) (3.3) (0.5) (0.6) (0.3)
Acquisitions 0 0 0 0 13.5 18.3 30.6 (5) 0 0 0 0 0 0 0 0 0 0
Purchases of Investments (89.4) 0 0 0 (1.5) (1.9) (27.5) (225.1) 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0.1 0 0 0 3.8 0.9 127.7 119.2 0 0 0 0 0 0 0 0 0 0
Other Investing Activities 0 0 0 0 (13.5) (18.3) (30.6) 0 0 0 0 0 0 0 0 0 0 0
Investing Cash Flow (109.1) (12.6) (12.0) (20.9) (11.2) (19.3) 69.6 (157.6) (9.1) (7.2) (6.2) (12.7) (4.0) (5.4) (3.3) (0.5) (0.6) (0.3)
Financing Activities
Net Debt Issuance (250) (458.1) (372.5) 291.9 295 (161.2) 157.5 10 230.2 53.8 106 25.2 (4.0) 46.5 29.6 0 0.1 0
Stock Repurchased 0 (0.8) (0.4) 0 (618.1) (219.8) (700.1) (468.2) (445.0) (105.2) (193.5) (34.7) 0 (54.4) (108) (9.6) (64.6) 0
Dividends Paid (193.6) (145.2) (145.1) (145.0) (148.1) (100.8) (78.7) (71.4) 0 0 0 (15.0) 0 (15.7) 0 0 0 0
Other Financing Activities (3.1) 0 (0.4) (1.9) 0.1 (4.3) (4.3) (1.5) (3.6) 1.4 0.9 3.8 6.0 2.7 13.2 (1.8) 6.4 0.8
Financing Cash Flow (446.8) (604.1) (518.0) 145.0 (472.3) (486.0) (625.4) (530.2) (260.4) (51.6) (86.6) (22.5) 2.0 (20.8) (32.8) (14.4) 41.3 0.8
Cash Position
Net Change in Cash 372.9 23.4 11.5 (21.4) (113.2) 106.8 (95.5) (428.5) 62.5 53.2 104.6 99.3 119.3 105.8 45.7 47.9 14.7 7.7
Cash at Beginning 149.7 126.3 114.8 136.2 249.4 142.6 238.1 666.7 604.2 551.0 446.4 347.1 227.8 122.1 76.4 28.4 13.7 5.9
Cash at End 522.6 149.7 126.3 114.8 136.2 249.4 142.6 238.1 666.7 604.2 551.0 446.4 347.1 227.8 122.1 76.4 28.4 13.7
Free Cash Flow 908.9 627.4 529.5 (166.4) 356.8 593.7 429.7 249.6 322.9 104.8 191.3 121.8 117.3 126.5 78.5 62.4 (26.6) 7.0
Key Metrics 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Income Statement
Revenue 3,274.2 2,573.5 1,928.5 1,940.5 1,691.7 1,898.1 1,284.5 1,161.7 1,016.9 865.3 666.4 595.9 572.5 320.8 353.5 197.9 137.0 63.1
Gross Profit 1,511.4 1,117.5 739.8 760.7 669.8 912.3 608.2 537.6 443.6 395.7 324.8 262.2 253.5 135.3 151.0 80.8 54.5 25.9
Operating Income 1,185.4 836.3 499.0 544.6 462.3 742.6 478.2 394.3 326.1 289.8 242.1 146.9 195.9 92.6 125.3 62.1 4.7 17.8
Net Income 960.3 711.9 350.0 407.6 378.7 616.6 380.3 322.7 196.3 257.5 213.6 129.7 176.9 80.5 102.6 49.7 (5.5) 9.9
EPS (Diluted) 15.85 11.76 5.79 6.74 6.13 9.78 5.80 4.51 2.51 3.09 2.49 1.45 1.97 0.89 -0.12 0.08 -0.09 0.16
Balance Sheet
Cash & Equivalents 522.6 149.7 126.3 114.8 136.2 249.4 142.6 238.1 666.7 604.2 551.0 446.4 347.1 227.8 122.1 76.4 28.4 13.7
Total Assets 2,198.2 1,466.5 1,154.4 1,406.4 844.7 891.0 737.5 875.9 1,022.6 971.0 748.1 600.6 476.2 292.9 213.7 131.7 82.1 26.7
Total Debt 80.0 297.4 757.3 1,138.3 853.3 532.3 678.1 495.4 484.8 256.6 203.5 97.5 72.3 76.1 29.6 0 0 0
Stockholders' Equity 1,440.2 668.3 95.1 (115.7) (382.9) 2.7 (295.5) 99.3 315.7 601.8 440.4 422.2 335.3 146.4 131.0 92.0 (52.8) 18.1
Cash Flow
Operating Cash Flow 928.7 640.0 541.5 (145.4) 370.3 612.0 460.3 259.3 332.0 112.0 197.5 134.5 121.3 131.9 81.8 62.8 (26.0) 7.3
Capital Expenditure (19.7) (12.6) (12.0) (20.9) (13.5) (18.3) (30.6) (9.7) (9.1) (7.2) (6.2) (12.7) (4.0) (5.4) (3.3) (0.5) (0.6) (0.3)
Free Cash Flow 908.9 627.4 529.5 (166.4) 356.8 593.7 429.7 249.6 322.9 104.8 191.3 121.8 117.3 126.5 78.5 62.4 (26.6) 7.0