Ubiquiti Income Statement 2025-2009 | UI

Brief overview of revenue and earnings at Ubiquiti

This overview is based on financial performance over the past five years. According to figures from Ubiquiti, revenue changed from 1.3 billion dollars to 2.6 billion dollars over five years. Across the full period, sales moved by +100.4%; the average annual rate was 14.9%. Revenue followed a strong upward trend without signs of stagnation.

The gross result shifted from $608 million to $1.1 billion, or +83.7%. Cost of revenue developed less favorably than sales and pressured gross profitability. At the margin level, the figure shifted from 47.3% to 43.4%. The contraction points to pressure from direct costs or weaker pricing power.

EBITDA was 486 million dollars at the beginning and 858 million dollars at the end of the period (+76.6%). Operating performance weakened relative to revenue. Comparing the endpoints gives EBITDA margins of 37.8% and 33.3%. Operating return per unit of revenue declined.

The five-year change in net income was +87.2%: from 380 million dollars to 712 million dollars. Net income reached a five-year high at the end of the interval.

The market value of the business moved from 18 billion dollars to 30.9 billion dollars, or +71.5%. Higher capitalization indicates improving investor confidence.

Financial takeaway

The results present an uneven picture without one dominant signal. Key strengths include net-income growth and sales growth. The overall view is constrained by a lower gross margin and a declining EBITDA margin. The key question is whether sales can be converted into sustainable profit.