UI FINANCIAL STATEMENTS

Ubiquiti Networks Inc — balance sheet, income statement and cash flow trends

UIUbiquiti Networks Inc

🇺🇸 USA · NYSE · Technology · Communication Equipment

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue3.1 B $+33.3%

Gross Profit1.4 B $+45.6%

Operating Income1.1 B $+55.2%

EBITDA1.1 B $+53.0%

Net Income942.1 M $+71.6%

Peer Comparison· Communication Equipment

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
UI	33.3%	46.0%	36.3%	30.4%
ERIC-B	-7.4%	48.0%	20.4%	10.9%
Industry median	9.2%	38.0%	10.3%	0.3%

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
UI	33.3%	46.0%	36.3%	30.4%
ASTS	1,732.1%	-27.0%	-641.0%	-573.7%
HPE	23.2%	32.9%	10.3%	3.9%
CIEN	30.6%	43.0%	13.1%	7.9%
LITE	69.0%	35.4%	20.4%	17.7%
MSI	8.3%	49.3%	30.7%	17.6%
Industry median	9.2%	38.0%	10.3%	0.3%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity1.2 B $70%
Current Liabilities394.1 M $23%
Long-term Liabilities119.2 M $7%

Key Figures

YoY change

Total Assets1.7 B $+32.1%

Total Liabilities513.3 M $-40.5%

Total Equity1.2 B $+175.7%

Cash & ST Investments368.7 M $+144.2%

Total Debt66.9 M $-82.6%

Net Debt-301.8 M $-229.7%

Peer Comparison· Communication Equipment

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
UI	3.56	5.6%	-0.27	70.1%
ERIC-B	1.12	38.4%	-0.51	35.3%
Industry median	1.61	73.1%	0.85	37.5%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
UI	3.56	5.6%	-0.27	70.1%
ASTS	18.47	143.9%	0.07	34.4%
HPE	1.09	84.0%	3.97	31.8%
CIEN	2.73	54.6%	0.52	47.9%
LITE	1.14	111.4%	0.28	42.3%
MSI	1.06	376.9%	2.39	13.3%
Industry median	1.61	73.1%	0.85	37.5%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow760.5 M $+2.6%

Capital Expenditures21 M $+126.7%

Free Cash Flow749.8 M $+2.5%

Dividends Paid-181.5 M $-225.1%

Peer Comparison· Communication Equipment

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
UI	24.6%	24.2%	0.7%	80.7%
ERIC-B	15.5%	14.4%	1.1%	142.3%
Industry median	12.5%	11.1%	2.3%	65.9%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
UI	24.6%	24.2%	0.7%	80.7%
ASTS	-107.2%	-1,526.9%	1,419.8%	18.7%
HPE	16.4%	14.5%	7.4%	418.8%
CIEN	18.5%	15.0%	5.6%	235.6%
LITE	18.2%	11.0%	13.3%	102.8%
MSI	23.4%	21.0%	2.4%	132.9%
Industry median	12.5%	11.1%	2.3%	65.9%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.