UBIQUITI INC. (UI) Q2 2026 Financial Results Summary

Ubiquiti Inc. (UI) Q2 2026 Financial Results Summary

Ubiquiti Inc. (NYSE: UI) released its financial results for the second quarter ended December 31, 2025, on February 6, 2026.

Second Quarter Fiscal 2026 Financial Summary

• Revenues:
• Total Revenues: $814.9 million, a 35.8% increase compared to $599.9 million in Q2 2025 and an 11.1% increase from $733.8 million in Q1 2026.
• Enterprise Technology Revenues: $729.0 million, a 40.7% increase from $518.2 million in Q2 2025.

• Service Provider Technology Revenues: $85.9 million, a 5.2% increase compared to $81.7 million in Q2 2025.

• Earnings Per Share:

• GAAP Diluted EPS: $3.86, a 70.8% increase compared to $2.26 in Q2 2025.

• Non-GAAP Diluted EPS: $3.88, a 70.2% increase compared to $2.28 in Q2 2025.

• Gross Profit:

• Total Gross Profit: $374.0 million, up from $247.2 million in Q2 2025.

• Gross Margin: 45.9%, slightly down from 46.0% in Q1 2026 but up from 41.2% in Q2 2025.

• Operating Expenses:

• Total Operating Expenses: $81.1 million, up from $68.4 million in Q2 2025.
• R&D Expenses: $50.8 million, an increase from $40.0 million in Q2 2025.

• SG&A Expenses: $30.3 million, up from $28.5 million in Q2 2025.

• Net Income:

• GAAP Net Income: $233.6 million, a 70.8% increase compared to $136.8 million in Q2 2025.
• Non-GAAP Net Income: $235.1 million, a 70.2% increase compared to $138.1 million in Q2 2025.

Key Financial Highlights

• Quarterly Dividend: The Company’s Board of Directors declared a cash dividend of $0.80 per share, payable on February 23, 2026, to shareholders of record at the close of business on February 17, 2026.

• Geographical Revenue Breakdown:

• North America: $443.6 million, a 37.9% increase from $321.6 million in Q2 2025.
• Europe, Middle East and Africa (EMEA): $280.7 million, a 34.6% increase from $208.6 million in Q2 2025.
• Asia Pacific: $54.5 million, up 26.4% from $43.1 million in Q2 2025.

• South America: $36.1 million, up 36.0% from $26.6 million in Q2 2025.

• Key Cost Metrics:

• Cost of Revenues: $440.9 million for Q2 2026, up from $352.6 million in Q2 2025.

• Income from Operations: $292.9 million, up from $178.8 million in Q2 2025.

• Interest Expense: $1.6 million, compared to $11.4 million in Q2 2025, reflecting a decrease of 86.0%.

Analysis of Expenses

• R&D Expenses: Increased due to prototype-related expenses:

• Q2 2026: $50.8 million (up from $40.0 million in Q2 2025).

• SG&A Expenses: Increase attributed to heightened marketing and credit card processing fees:

• Q2 2026: $30.3 million (up from $28.5 million in Q2 2025).

Summary

Ubiquiti Inc. has shown significant growth in its Q2 FY 2026 performance compared to both the previous quarter and the same quarter last year. Notable highlights include record revenues and a substantial increase in net income and earnings per share, along with a declared dividend. The company continues to expand its geographical footprint and product offerings while managing operational costs effectively.

For further information, visit Ubiquiti’s website.

Investor Relations Contact

Ubiquiti Inc.
Investor Relations
ir@ui.com
Ph: 1-646-780-7958