Ubiquiti Inc
NYSE:UI
Income Statement
Earnings Waterfall
Ubiquiti Inc
Income Statement
Ubiquiti Inc
| Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
3
|
4
|
4
|
5
|
5
|
6
|
10
|
12
|
13
|
14
|
13
|
13
|
15
|
24
|
27
|
28
|
27
|
19
|
17
|
15
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
198
N/A
|
243
+23%
|
286
+18%
|
326
+14%
|
354
+8%
|
336
-5%
|
323
-4%
|
315
-3%
|
321
+2%
|
389
+21%
|
453
+16%
|
518
+14%
|
573
+11%
|
593
+4%
|
608
+2%
|
607
0%
|
596
-2%
|
597
+0%
|
606
+1%
|
626
+3%
|
666
+6%
|
720
+8%
|
771
+7%
|
822
+7%
|
865
+5%
|
906
+5%
|
944
+4%
|
976
+3%
|
1 017
+4%
|
1 054
+4%
|
1 110
+5%
|
1 145
+3%
|
1 162
+1%
|
1 202
+3%
|
1 203
+0%
|
1 256
+4%
|
1 285
+2%
|
1 435
+12%
|
1 606
+12%
|
1 736
+8%
|
1 898
+9%
|
1 883
-1%
|
1 836
-3%
|
1 727
-6%
|
1 692
-2%
|
1 731
+2%
|
1 793
+4%
|
1 893
+6%
|
1 941
+3%
|
1 906
-2%
|
1 877
-2%
|
1 912
+2%
|
1 928
+1%
|
2 016
+5%
|
2 151
+7%
|
2 322
+8%
|
2 574
+11%
|
2 757
+7%
|
2 972
+8%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(117)
|
(143)
|
(166)
|
(188)
|
(203)
|
(193)
|
(187)
|
(182)
|
(186)
|
(221)
|
(254)
|
(289)
|
(319)
|
(336)
|
(343)
|
(342)
|
(334)
|
(323)
|
(321)
|
(325)
|
(342)
|
(370)
|
(406)
|
(440)
|
(470)
|
(497)
|
(533)
|
(549)
|
(573)
|
(590)
|
(603)
|
(620)
|
(624)
|
(645)
|
(641)
|
(667)
|
(676)
|
(750)
|
(836)
|
(902)
|
(986)
|
(990)
|
(998)
|
(996)
|
(1 022)
|
(1 099)
|
(1 138)
|
(1 166)
|
(1 180)
|
(1 132)
|
(1 124)
|
(1 173)
|
(1 189)
|
(1 228)
|
(1 293)
|
(1 343)
|
(1 456)
|
(1 534)
|
(1 622)
|
|
| Gross Profit |
81
N/A
|
100
+24%
|
119
+19%
|
138
+16%
|
151
+9%
|
143
-5%
|
136
-5%
|
132
-3%
|
135
+3%
|
168
+24%
|
199
+18%
|
229
+15%
|
254
+11%
|
257
+1%
|
265
+3%
|
265
+0%
|
262
-1%
|
275
+5%
|
285
+4%
|
301
+6%
|
325
+8%
|
350
+8%
|
366
+5%
|
382
+5%
|
396
+4%
|
409
+3%
|
411
+0%
|
426
+4%
|
444
+4%
|
464
+4%
|
507
+9%
|
525
+4%
|
538
+2%
|
557
+4%
|
562
+1%
|
589
+5%
|
608
+3%
|
685
+13%
|
771
+12%
|
834
+8%
|
912
+9%
|
894
-2%
|
838
-6%
|
731
-13%
|
670
-8%
|
632
-6%
|
655
+4%
|
727
+11%
|
761
+5%
|
773
+2%
|
753
-3%
|
739
-2%
|
740
+0%
|
788
+6%
|
857
+9%
|
979
+14%
|
1 117
+14%
|
1 223
+9%
|
1 350
+10%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(19)
|
(20)
|
(22)
|
(24)
|
(26)
|
(30)
|
(34)
|
(39)
|
(43)
|
(46)
|
(49)
|
(53)
|
(58)
|
(63)
|
(67)
|
(73)
|
(76)
|
(81)
|
(85)
|
(87)
|
(91)
|
(93)
|
(95)
|
(99)
|
(106)
|
(107)
|
(113)
|
(117)
|
(117)
|
(125)
|
(125)
|
(126)
|
(125)
|
(142)
|
(127)
|
(128)
|
(130)
|
(137)
|
(144)
|
(156)
|
(170)
|
(179)
|
(189)
|
(198)
|
(208)
|
(209)
|
(212)
|
(214)
|
(216)
|
(222)
|
(226)
|
(235)
|
(241)
|
(248)
|
(260)
|
(266)
|
(281)
|
(294)
|
(307)
|
|
| Selling, General & Administrative |
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(11)
|
(14)
|
(18)
|
(22)
|
(23)
|
(24)
|
(23)
|
(24)
|
(24)
|
(23)
|
(23)
|
(22)
|
(24)
|
(26)
|
(29)
|
(33)
|
(34)
|
(36)
|
(36)
|
(37)
|
(36)
|
(37)
|
(40)
|
(43)
|
(49)
|
(50)
|
(47)
|
(43)
|
(40)
|
(38)
|
(40)
|
(41)
|
(43)
|
(45)
|
(47)
|
(54)
|
(57)
|
(62)
|
(67)
|
(70)
|
(71)
|
(73)
|
(72)
|
(71)
|
(74)
|
(75)
|
(78)
|
(81)
|
(86)
|
(95)
|
(100)
|
(111)
|
(114)
|
(116)
|
|
| Research & Development |
(11)
|
(12)
|
(13)
|
(15)
|
(17)
|
(18)
|
(19)
|
(21)
|
(21)
|
(23)
|
(26)
|
(29)
|
(34)
|
(39)
|
(44)
|
(50)
|
(55)
|
(56)
|
(59)
|
(58)
|
(58)
|
(59)
|
(60)
|
(62)
|
(69)
|
(71)
|
(76)
|
(76)
|
(74)
|
(76)
|
(75)
|
(79)
|
(82)
|
(84)
|
(88)
|
(89)
|
(89)
|
(95)
|
(100)
|
(109)
|
(116)
|
(123)
|
(127)
|
(131)
|
(138)
|
(138)
|
(139)
|
(142)
|
(145)
|
(149)
|
(152)
|
(156)
|
(160)
|
(161)
|
(165)
|
(166)
|
(170)
|
(180)
|
(191)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
62
N/A
|
80
+29%
|
98
+22%
|
114
+17%
|
125
+10%
|
114
-9%
|
103
-10%
|
94
-9%
|
93
-1%
|
123
+33%
|
150
+22%
|
176
+18%
|
196
+11%
|
194
-1%
|
197
+2%
|
192
-2%
|
186
-3%
|
194
+4%
|
200
+3%
|
214
+7%
|
234
+9%
|
257
+10%
|
270
+5%
|
284
+5%
|
290
+2%
|
302
+4%
|
298
-1%
|
310
+4%
|
326
+5%
|
339
+4%
|
382
+13%
|
400
+4%
|
412
+3%
|
415
+1%
|
436
+5%
|
461
+6%
|
478
+4%
|
548
+14%
|
626
+14%
|
678
+8%
|
743
+10%
|
714
-4%
|
649
-9%
|
533
-18%
|
462
-13%
|
423
-9%
|
442
+5%
|
513
+16%
|
545
+6%
|
551
+1%
|
527
-4%
|
504
-4%
|
499
-1%
|
539
+8%
|
597
+11%
|
713
+19%
|
836
+17%
|
929
+11%
|
1 043
+12%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(10)
|
(12)
|
(13)
|
(14)
|
(13)
|
(13)
|
(15)
|
(24)
|
(27)
|
(28)
|
(27)
|
(19)
|
(17)
|
(15)
|
(15)
|
(14)
|
(12)
|
(18)
|
(25)
|
(33)
|
(47)
|
(58)
|
(69)
|
(76)
|
(78)
|
(75)
|
(65)
|
(58)
|
(44)
|
(31)
|
(23)
|
(13)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(39)
|
(31)
|
(31)
|
(31)
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(18)
|
(18)
|
(18)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
62
N/A
|
80
+28%
|
97
+22%
|
113
+17%
|
124
+10%
|
113
-9%
|
102
-10%
|
93
-9%
|
92
-1%
|
122
+33%
|
149
+22%
|
175
+18%
|
195
+11%
|
193
-1%
|
196
+2%
|
191
-3%
|
146
-24%
|
162
+11%
|
167
+3%
|
182
+9%
|
240
+32%
|
254
+6%
|
267
+5%
|
280
+5%
|
285
+2%
|
297
+4%
|
292
-2%
|
300
+3%
|
314
+5%
|
326
+4%
|
350
+8%
|
369
+5%
|
382
+3%
|
400
+5%
|
412
+3%
|
434
+5%
|
450
+4%
|
520
+16%
|
607
+17%
|
661
+9%
|
728
+10%
|
700
-4%
|
635
-9%
|
520
-18%
|
444
-15%
|
398
-10%
|
409
+3%
|
467
+14%
|
486
+4%
|
482
-1%
|
451
-6%
|
426
-6%
|
424
-1%
|
475
+12%
|
540
+14%
|
669
+24%
|
806
+20%
|
906
+12%
|
1 030
+14%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(12)
|
(16)
|
(19)
|
(21)
|
(21)
|
(19)
|
(14)
|
(13)
|
(11)
|
(14)
|
(17)
|
(19)
|
(18)
|
(18)
|
(18)
|
(16)
|
(16)
|
(16)
|
(18)
|
(22)
|
(26)
|
(22)
|
(24)
|
(25)
|
(28)
|
(36)
|
(30)
|
0
|
(1)
|
(2)
|
(7)
|
(40)
|
(56)
|
(63)
|
(69)
|
(76)
|
(70)
|
(82)
|
(95)
|
(106)
|
(111)
|
(107)
|
(99)
|
(80)
|
(66)
|
(58)
|
(61)
|
(70)
|
(79)
|
(80)
|
(79)
|
(76)
|
(74)
|
(85)
|
(95)
|
(120)
|
(94)
|
(114)
|
(141)
|
|
| Income from Continuing Operations |
50
|
64
|
77
|
92
|
103
|
94
|
87
|
80
|
81
|
108
|
132
|
156
|
177
|
174
|
179
|
175
|
130
|
146
|
149
|
161
|
214
|
232
|
243
|
255
|
258
|
261
|
261
|
300
|
313
|
324
|
343
|
329
|
326
|
338
|
343
|
359
|
380
|
439
|
513
|
555
|
617
|
592
|
536
|
441
|
379
|
340
|
348
|
397
|
408
|
402
|
372
|
350
|
350
|
390
|
445
|
549
|
712
|
792
|
889
|
|
| Net Income (Common) |
5
N/A
|
(80)
N/A
|
(69)
+13%
|
(48)
+31%
|
(10)
+79%
|
84
N/A
|
87
+4%
|
80
-8%
|
81
+0%
|
108
+34%
|
132
+22%
|
156
+19%
|
177
+13%
|
174
-2%
|
179
+3%
|
175
-2%
|
130
-26%
|
146
+12%
|
149
+2%
|
161
+8%
|
214
+33%
|
232
+8%
|
243
+5%
|
255
+5%
|
258
+1%
|
261
+1%
|
149
-43%
|
187
+26%
|
196
+5%
|
207
+5%
|
336
+62%
|
322
-4%
|
323
+0%
|
335
+4%
|
343
+2%
|
359
+4%
|
380
+6%
|
439
+15%
|
513
+17%
|
555
+8%
|
617
+11%
|
592
-4%
|
536
-9%
|
441
-18%
|
379
-14%
|
340
-10%
|
348
+3%
|
397
+14%
|
408
+3%
|
402
-1%
|
372
-7%
|
350
-6%
|
350
+0%
|
390
+11%
|
445
+14%
|
549
+23%
|
712
+30%
|
792
+11%
|
889
+12%
|
|
| EPS (Diluted) |
0.05
N/A
|
-0.88
N/A
|
-0.77
+12%
|
-0.5
+35%
|
-0.11
+78%
|
0.9
N/A
|
0.97
+8%
|
0.9
-7%
|
0.89
-1%
|
1.2
+35%
|
1.47
+23%
|
1.74
+18%
|
1.97
+13%
|
1.94
-2%
|
1.99
+3%
|
1.95
-2%
|
1.45
-26%
|
1.64
+13%
|
1.72
+5%
|
1.89
+10%
|
2.49
+32%
|
2.76
+11%
|
2.89
+5%
|
3.04
+5%
|
3.09
+2%
|
3.18
+3%
|
1.91
-40%
|
2.39
+25%
|
2.5
+5%
|
2.79
+12%
|
4.71
+69%
|
4.55
-3%
|
4.5
-1%
|
4.89
+9%
|
5.27
+8%
|
5.54
+5%
|
5.8
+5%
|
6.88
+19%
|
8.14
+18%
|
8.82
+8%
|
9.78
+11%
|
9.46
-3%
|
8.59
-9%
|
7.17
-17%
|
6.13
-15%
|
5.62
-8%
|
5.75
+2%
|
6.56
+14%
|
6.74
+3%
|
6.66
-1%
|
6.16
-8%
|
5.82
-6%
|
5.79
-1%
|
6.45
+11%
|
7.36
+14%
|
9.08
+23%
|
11.76
+30%
|
13.08
+11%
|
14.67
+12%
|
|