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.
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.
Visualization of income flow from segment revenue to net income