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Ubiquiti Inc. UI Net margin

Net margin at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
19.7%+2.1pp
Fortinet logo
FortinetFTNT
27.5%-3.1pp
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
4%-0.6pp
Broadcom Inc. logo
Broadcom Inc.AVGO
38.8%+16.2pp
Marvell Technology, Inc. logo
Marvell Technology, Inc.MRVL
29%
Ciena logo
CienaCIEN
7.9%+5.4pp

Other financials

Income statement

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Revenue$788.2M+18.7%
Gross profit$370.7M+25.3%
Operating income$290.8M+28.2%
Net income$233.9M+29.6%
EPS (diluted)$3.86+29.5%

Balance sheet

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Cash & equivalents$368.7M+144%
Total debt$66.9M-82.6%
Total equity$1.2B+176%
Total assets$1.7B+32.1%

Cash flow

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Operating cash flow$167.8M+35.8%
CapEx$5.6M+96.6%
Free cash flow$162.2M+34.4%

Valuation

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Market cap$35.68B+155%
Enterprise value$35.37B+150%
P/E37.9×+12.4×
P/S11.5×+5.5×

Profitability

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Gross margin46%+3.9pp
Operating margin35.8%+5.0pp
FCF margin23.9%-7.6pp

Returns & leverage

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Return on equity115%-123pp
Debt / equity0.1×-0.8×
Current ratio3.6×+2.2×

Where this comes from

Calculated from Ubiquiti Inc.’s reported figures.

Based on trailing twelve months.

The official record: Ubiquiti Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ubiquiti Inc.'s net margin?
Ubiquiti Inc. (UI) reported net margin of 30.4% in Q1 2026.
How has Ubiquiti Inc.'s net margin changed year-over-year?
Ubiquiti Inc.'s net margin increased by 28.7% year-over-year, from 23.6% to 30.4%.
What is the long-term trend for Ubiquiti Inc.'s net margin?
Over 4 years (2021 to 2025), Ubiquiti Inc.'s net margin has grown at a -3.9% compound annual growth rate (CAGR), from 32.5% to 27.7%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.