← Ubiquiti Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $666.4m | $865.3m | $1.0b | $1.2b | $1.3b | $1.9b | $1.7b | $1.9b | $1.9b | $2.6b | |
| Cost of Revenue | $341.6m | $469.6m | $573.3m | $624.1m | $676.3m | $985.8m | $1.0b | $1.2b | $1.2b | $1.5b | |
| Gross Profit | $324.8m | $395.7m | $443.6m | $537.6m | $608.2m | $912.3m | $669.8m | $760.7m | $739.8m | $1.1b | |
| Operating Expenses | $82.7m | $105.9m | $117.4m | $143.3m | $130.0m | $169.7m | $207.5m | $216.2m | $240.8m | $281.2m | |
| Operating Income (Loss) | $242.1m | $289.8m | $326.1m | $394.3m | $478.2m | $742.6m | $462.3m | $544.6m | $499.0m | $836.3m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | — | $1.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $60.1m | $82.0m | $85.4m | $115.1m | $125.1m | $225.2m | $102.1m | $102.9m | $149.5m | $326.4m | |
| Investment Income, Interest | — | — | — | $2.7m | $1.0m | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $239.9m | $285.0m | $314.1m | $381.5m | $450.2m | $727.7m | $444.4m | $486.3m | $423.8m | $805.7m | |
| Net Income (Loss) Attributable to Parent | $213.6m | $257.5m | $196.3m | $322.7m | $380.3m | $616.6m | $378.7m | $407.6m | $350.0m | $711.9m | |
| Earnings Per Share, Basic | $2.53 | $3.16 | $2.54 | $4.52 | $5.81 | $9.79 | $6.14 | $6.75 | $5.79 | $11.77 | |
| Earnings Per Share, Diluted | $2.49 | $3.09 | $2.51 | $4.51 | $5.80 | $9.78 | $6.13 | $6.74 | $5.79 | $11.76 | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $0.00 | $2.54 | $4.52 | $5.81 | $9.79 | $6.14 | $6.75 | $5.79 | $11.77 | |
| Weighted Average Number of Shares Outstanding, Basic | 84.4m | 81.5m | 77.2m | 71.4m | 65.4m | 63.0m | 61.7m | 60.4m | 60.5m | 60.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 85.8m | 83.3m | 78.3m | 71.6m | 65.5m | 63.1m | 61.7m | 60.5m | 60.5m | 60.5m | |
| Selling, General and Administrative Expense | $33.3m | $36.9m | $43.1m | $43.2m | $40.6m | $53.5m | $69.9m | $71.0m | $81.0m | $111.5m | |
| Other Nonoperating Income (Expense) | ($2.1m) | ($4.7m) | ($12.0m) | ($12.8m) | ($28.0m) | ($14.9m) | ($17.8m) | ($58.2m) | ($75.2m) | ($30.6m) | |
| Current Income Tax Expense (Benefit) | $27.5m | $28.5m | $115.8m | $58.5m | $71.1m | $111.7m | $67.6m | $95.6m | $85.8m | $165.9m | |
| Research and Development Expense | $57.8m | $69.1m | $74.3m | $82.1m | $89.4m | $116.2m | $137.7m | $145.2m | $159.8m | $169.7m | |
| Income Tax Expense (Benefit) | $26.3m | $27.5m | $117.9m | $58.8m | $69.9m | $111.1m | $65.8m | $78.7m | $73.9m | $93.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.