Ubiquiti (UI) investor relations material

Executive summary

• Achieved record quarterly revenue of $937.3 million, up 18.9% sequentially and 23.5% year-over-year.

• Full-year revenue reached $3.3 billion, a 27.2% increase over the prior year.

• GAAP diluted EPS for Q4 was $4.70; non-GAAP diluted EPS was $4.73.

• Full-year GAAP diluted EPS was $15.85; non-GAAP diluted EPS was $15.95.

Financial highlights

• Q4 gross profit was $429.3 million with a gross margin of 45.8%, down 1.2% sequentially but up 0.7% year-over-year.

• Full-year gross profit was $1,511.4 million; gross margin improved to 46.2% from 43.4% last year.

• Q4 GAAP net income was $284.9 million; non-GAAP net income was $286.5 million.

• Full-year GAAP net income was $960.3 million; non-GAAP net income was $965.97 million.

• Q4 operating expenses were $89.3 million; full-year operating expenses were $325.9 million.

Outlook and guidance

• Board declared a $1.00 per share cash dividend payable in September 2026 and intends to maintain at least $1.00 per share quarterly dividends in fiscal 2027, subject to review.

• Stock repurchase program extended, authorizing up to $500 million in buybacks through September 2027.