NYSE$UI

Ubiquiti Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Ubiquiti reported record revenues driven by Enterprise Technology platform growth and increased gross margins due to favorable product mix and lower tariffs.

Ubiquiti Inc. reported first quarter fiscal 2025 financial results with record revenues of $550.3 million, GAAP diluted EPS of $2.12, and non-GAAP diluted EPS of $2.14. The company's performance was driven by an increase in revenue from the Enterprise Technology platform and improved gross margins.

  • Revenues reached a record $550.3 million, an 18.8% increase year-over-year.
  • GAAP diluted EPS was $2.12, a 46.2% increase year-over-year.
  • GAAP gross margin increased to 42.1%, up from 39.7% in the prior year period.
  • The Board of Directors declared a cash dividend of $0.60 per share.

Headline financials

Total Revenue

$550M

Previous: $463M+18.8%
EPS

$2.12

Previous: $1.47+44.2%
Gross Margin

42.1%

Previous: 39.7%+6.0%
R&D Expense

$38M

Previous: $36.3M+4.7%
SG&A Expense

$24.4M

Previous: $19.3M+26.5%
Income Before Taxes

$159M

No prior period
Income Tax Provision

$30.6M

No prior period
Capital Expenditures

-$2.6M

Previous: -$3.03M+13.9%
Free Cash Flow

$125M

Previous: $84.7M+48.0%
Net Income

$128M

Previous: $87.8M+45.9%
Operating Income

$169M

Previous: $128M+31.9%
Gross Profit

$232M

Previous: $184M+26.0%
Cash & Equivalents

$165M

Previous: $109M+52.2%
Total Assets

$1.16B

Previous: $1.39B-16.6%
Stock-Based Comp

$1.7M

Previous: $1.5M+13.1%

Revenue & EPS history

Ubiquiti · Revenue · Quarterly

$550M

Q1 2025+18.8%vs Q1 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Ubiquiti · $463M total across 2 segments · Q1 2024

  • Enterprise Tech
    $380M-10.8%
  • Service Provider
    $83M+15.6%

Forward guidance

The press release contains forward-looking statements regarding the intention to pay quarterly cash dividends and future financial performance, which are subject to risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.9%

Avg return

Earnings day

+1.2%

Avg return

5 days after

+1.7%

Avg return

30 days after

63%

40 / 63 earnings

Positive

+40.0%

Q1 2020

Best reaction

-38.2%

Q4 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-9.6%-28.5%-39.1%
Q2 2026+8.0%+23.8%+30.1%
Q1 2026-19.6%-23.0%-23.9%
Q3 2025+3.9%-6.5%-9.0%
Q2 2025-8.6%-19.5%-24.8%
Q1 2025+30.3%+29.2%+31.9%
Q4 2024+16.5%+6.8%+23.0%
Q3 2024+15.7%+20.1%+24.2%
Q2 2024+1.1%-3.3%-8.0%
Q1 2024-14.6%-13.5%-5.9%
Q4 2023+9.8%+11.7%-6.4%
Q3 2023-13.5%-18.2%-23.8%
Q2 2023-5.7%-6.9%-10.6%
Q1 2023-12.2%-15.5%-7.7%
Q4 2022+1.4%-2.7%-9.9%
Q3 2022-15.4%-19.6%-2.2%
Q2 2022-8.0%-4.2%-5.7%
Q1 2022-4.3%-4.7%-3.7%
Q4 2021+12.4%+8.8%+1.6%
Q3 2021+3.5%+2.0%+20.6%
Q2 2021+10.4%+11.3%+1.6%
Q1 2021+29.9%+36.5%+30.0%
Q4 2020+0.7%-0.5%-17.3%
Q3 2020+17.0%+10.7%+12.3%
Q2 2020-16.8%-14.6%-16.1%
Q1 2020+40.0%+41.4%+51.5%
Q4 2019-5.7%-7.2%-4.5%
Q3 2019-16.3%-16.7%-17.7%
Q2 2019+20.2%+24.5%+31.2%
Q1 2019+12.1%+14.7%+12.6%
Q4 2018+2.5%+3.7%+18.8%
Q3 2018+11.4%+9.9%+16.0%
Q2 2018-10.1%-10.4%-10.9%
Q1 2018-3.9%-0.9%+1.1%
Q4 2017+20.8%+23.2%+9.3%
Q3 2017-5.9%-6.6%-2.7%
Q2 2017-16.1%-21.4%-21.7%
Q1 2017+2.7%+1.2%+2.4%
Q4 2016+11.4%+12.1%+19.3%
Q3 2016+8.3%
Q2 2016+5.4%
Q1 2016+14.1%
Q4 2015-2.6%
Q3 2015+0.7%
Q2 2015+9.8%
Q1 2015-18.7%
Q4 2014+7.1%
Q3 2014-23.2%
Q2 2014+8.8%
Q1 2014+6.4%
Q4 2013+28.3%
Q3 2013+16.8%
Q2 2013+6.4%
Q1 2013+9.2%
Q4 2010+4.1%
Q4 2012-38.2%
Q3 2012-17.8%
Q3 2011-17.8%
Q2 2012+5.1%
Q2 2011+5.1%
Q1 2011+2.0%
Q4 2011+2.0%
Q1 2012+2.0%

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