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Sep 30, 2024

Ubiquiti Q1 2025 Earnings Report

Ubiquiti reported record revenues driven by Enterprise Technology platform growth and increased gross margins due to favorable product mix and lower tariffs.

Key Takeaways

Ubiquiti Inc. reported first quarter fiscal 2025 financial results with record revenues of $550.3 million, GAAP diluted EPS of $2.12, and non-GAAP diluted EPS of $2.14. The company's performance was driven by an increase in revenue from the Enterprise Technology platform and improved gross margins.

Revenues reached a record $550.3 million, an 18.8% increase year-over-year.

GAAP diluted EPS was $2.12, a 46.2% increase year-over-year.

GAAP gross margin increased to 42.1%, up from 39.7% in the prior year period.

The Board of Directors declared a cash dividend of $0.60 per share.

Total Revenue
$550M
Previous year: $463M
+18.8%
EPS
$2.14
Previous year: $1.47
+45.6%
Gross Profit (%)
42.1%
Previous year: 39.7%
+6.0%
Research and Development
$38M
Previous year: $36.3M
+4.7%
SG&A Expense
$24.4M
Previous year: $19.3M
+26.5%
Gross Profit
$232M
Previous year: $184M
+25.9%
Cash and Equivalents
$165M
Previous year: $109M
+52.1%
Free Cash Flow
$231M
Previous year: $64.7M
+257.4%
Total Assets
$1.16B
Previous year: $1.39B
-16.6%

Ubiquiti

Ubiquiti

Ubiquiti Revenue by Segment

Ubiquiti Revenue by Geographic Location

Forward Guidance

The press release contains forward-looking statements regarding the intention to pay quarterly cash dividends and future financial performance, which are subject to risks and uncertainties.

Revenue & Expenses

Visualization of income flow from segment revenue to net income