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Jun 30, 2021

Ubiquiti Q4 2021 Earnings Report

Reported a revenue increase of 51.5% year-over-year, with GAAP and non-GAAP EPS both exceeding $2.46.

Key Takeaways

Ubiquiti Inc. announced its Q4 fiscal year 2021 financial results, reporting revenues of $477.9 million, a 51.5% increase year-over-year. GAAP diluted EPS was $2.46, and non-GAAP diluted EPS was $2.47, both showing significant increases. The company also repurchased 234,052 shares of common stock at an average price of $286.75 per share during the quarter.

Revenues reached $477.9 million, a 51.5% increase year-over-year.

GAAP diluted EPS was $2.46, a 69.7% increase year-over-year.

Non-GAAP diluted EPS was $2.47, a 69.2% increase year-over-year.

The company repurchased 234,052 shares of common stock at an average price of $286.75 per share.

Total Revenue
$478M
Previous year: $316M
+51.5%
EPS
$2.47
Previous year: $1.46
+69.2%
Gross Profit (%)
48.3%
Previous year: 48.2%
+0.2%
Research and Development
$31M
Previous year: $23.4M
+32.5%
SG&A Expense
$17M
Previous year: $10.5M
+61.9%
Gross Profit
$231M
Previous year: $152M
+51.7%
Cash and Equivalents
$249M
Previous year: $143M
+74.9%
Free Cash Flow
$162M
Previous year: $123M
+31.5%
Total Assets
$891M
Previous year: $737M
+20.8%

Ubiquiti

Ubiquiti

Ubiquiti Revenue by Segment

Ubiquiti Revenue by Geographic Location

Forward Guidance

The Company intends to pay regular quarterly cash dividends of at least $0.60 per share during each quarter of fiscal year 2022.

Revenue & Expenses

Visualization of income flow from segment revenue to net income