Ubiquiti (UI) investor relations material

Executive summary

• Revenue for the quarter ended December 31, 2025, reached a record $814.9 million, up 36% year-over-year, driven by strong growth in both Enterprise and Service Provider Technology platforms.

• Net income rose 71% year-over-year to $233.6 million, with GAAP diluted EPS of $3.86, a 70.8% increase; non-GAAP diluted EPS was $3.88, up 70.2%.

• Gross profit margin improved to 46% from 41% in the prior year quarter, primarily due to favorable product mix and lower shipping and inventory costs.

• Cash and cash equivalents more than doubled to $302.8 million as of December 31, 2025, from $149.7 million at June 30, 2025.

• Board declared a $0.80 per share cash dividend, payable February 23, 2026.

Financial highlights

• Total revenues for the six months ended December 31, 2025, were $1.55 billion, up 35% year-over-year.

• Operating income for the quarter was $292.9 million, up from $178.8 million a year ago.

• Net cash provided by operating activities for the six months was $462.4 million, up from $386.1 million in the prior year period.

• Dividends of $0.80 per share were paid in each quarter, totaling $96.8 million for the six months.

• Gross profit was $374.0 million, with a gross margin of 45.9%, up 4.7 percentage points year-over-year.

Outlook and guidance

• Management expects continued growth in Enterprise Technology, supported by ongoing investments in R&D and product development.

• The company believes existing cash, cash flow, and available credit will be sufficient to meet near-term needs, including dividends and potential share repurchases.

• Management reiterated intention to pay quarterly cash dividends, subject to board approval.