Ubiquiti
🇺🇸 NYSE:UI
•
Dec 31, 2024
Ubiquiti Q2 2025 Earnings Report
Key Takeaways
Ubiquiti Inc. reported record revenues of $599.9 million for Q2 FY2025, reflecting a 29% year-over-year increase. GAAP diluted EPS was $2.26, and non-GAAP EPS was $2.28. The company's Enterprise Technology and Service Provider Technology segments saw revenue growth. Net income increased significantly to $136.8 million, driven by higher revenues and gross profit.
Ubiquiti Revenue
Ubiquiti EPS
Ubiquiti Revenue by Segment
Ubiquiti Revenue by Geographic Location
Forward Guidance
Ubiquiti remains optimistic about continued revenue growth, despite facing potential risks related to tariffs, currency fluctuations, and geopolitical instability.
Positive Outlook
- Strong revenue growth across both Enterprise Technology and Service Provider Technology segments.
- Gross margin improved year-over-year.
- Net income saw a significant 66.6% increase compared to the previous year.
- Continued investment in R&D and product innovation.
- Steady dividend payout reflecting confidence in financial stability.
Challenges Ahead
- Higher shipping and tariff costs impacting gross margin.
- Increase in bad debt expenses due to customer defaults.
- Higher fees associated with webstore credit card processing.
- Foreign exchange losses contributing to higher interest and other expenses.
- South America revenue declined compared to the previous year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income