NYSE$UI

Ubiquiti Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported a revenue increase of 51.5% year-over-year, with GAAP and non-GAAP EPS both exceeding $2.46.

Ubiquiti Inc. announced its Q4 fiscal year 2021 financial results, reporting revenues of $477.9 million, a 51.5% increase year-over-year. GAAP diluted EPS was $2.46, and non-GAAP diluted EPS was $2.47, both showing significant increases. The company also repurchased 234,052 shares of common stock at an average price of $286.75 per share during the quarter.

  • Revenues reached $477.9 million, a 51.5% increase year-over-year.
  • GAAP diluted EPS was $2.46, a 69.7% increase year-over-year.
  • Non-GAAP diluted EPS was $2.47, a 69.2% increase year-over-year.
  • The company repurchased 234,052 shares of common stock at an average price of $286.75 per share.

Headline financials

Total Revenue

$478M

Previous: $316M+51.5%
EPS (adj)

$2.47

Previous: $1.46+69.2%
Gross Margin

48.3%

Previous: 48.2%+0.2%
R&D Expense

$31M

Previous: $23.4M+32.5%
SG&A Expense

$17M

Previous: $10.5M+61.9%
Capital Expenditures

$2.32M

Previous: $1.83M+26.7%
Free Cash Flow

$162M

Previous: $123M+31.5%
Net Income

$154M

Previous: $92.6M+66.6%
Operating Income

$183M

Previous: $118M+54.8%
Gross Profit

$231M

Previous: $152M+51.7%
Cash & Equivalents

$249M

Previous: $143M+74.9%
Total Assets

$891M

Previous: $737M+20.8%
Stock-Based Comp

$764K

Previous: $744K+2.7%

Revenue & EPS history

Ubiquiti · Revenue · Quarterly

$478M

Q4 2021+51.5%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Ubiquiti · $478M total across 2 segments · Q4 2021

  • Enterprise Tech
    $314M+62.4%
  • Service Provider
    $163M+34.1%

Forward guidance

The Company intends to pay regular quarterly cash dividends of at least $0.60 per share during each quarter of fiscal year 2022.

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 Q4 2021

Historical avgQ4 2021

+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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