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Jun 30, 2024

Ubiquiti Q4 2024 Earnings Report

Ubiquiti reported record revenues and GAAP diluted EPS for Q4 2024.

Key Takeaways

Ubiquiti Inc. announced its Q4 fiscal year 2024 financial results, with revenues of $507.5 million and a GAAP diluted EPS of $1.72. The company's Board of Directors declared a $0.60 per share cash dividend.

Revenues reached $507.5 million.

GAAP diluted EPS was reported at $1.72.

Non-GAAP diluted EPS amounted to $1.74.

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

Total Revenue
$507M
Previous year: $491M
+3.3%
EPS
$1.74
Previous year: $1.73
+0.6%
Gross Profit (%)
40.2%
Previous year: 41.4%
-2.9%
Research and Development
$44.1M
Previous year: $40.5M
+8.9%
SG&A Expense
$21.7M
Previous year: $18.9M
+14.8%
Gross Profit
$204M
Previous year: $203M
+0.4%
Cash and Equivalents
$126M
Previous year: $115M
+10.0%
Free Cash Flow
$230M
Previous year: $9.16M
+2405.8%
Total Assets
$1.15B
Previous year: $1.41B
-17.9%

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 2024, although all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board each quarter after its review of the Company’s financial performance and results of operations, available cash and cash flow, capital requirements, applicable corporate legal requirements, and other factors.

Revenue & Expenses

Visualization of income flow from segment revenue to net income