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Ubiquiti Inc. UI Operating margin

Operating margin at other companies

Cisco Systems, Inc. logo
Cisco Systems, Inc.CSCO
23.4%+3.1pp
Extreme Networks logo
Extreme NetworksEXTR
3.3%+2.3pp
Netgear logo
NetgearNTGR
-4.9%
Fortinet logo
FortinetFTNT
32.4%+1.6pp
Calix logo
CalixCALX
5.5%+3.9pp
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
3.8%+2.0pp

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$34.44B+24.0%
Enterprise value$34.14B+22.3%
P/E36.6×-2.5×
P/S11.1×+0.3×

Profitability

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Gross margin46%+3.9pp
Net margin30.4%+6.8pp
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 source filing: Ubiquiti Inc.’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 7:00 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001511737-26-000034

FAQ

What is Ubiquiti Inc.'s operating margin?
Ubiquiti Inc. (UI) reported operating margin of 35.8% in Q1 2026.
How has Ubiquiti Inc.'s operating margin changed year-over-year?
Ubiquiti Inc.'s operating margin increased by 16.4% year-over-year, from 30.7% to 35.8%.
What is the long-term trend for Ubiquiti Inc.'s operating margin?
Over 4 years (2021 to 2025), Ubiquiti Inc.'s operating margin has grown at a -4.5% compound annual growth rate (CAGR), from 39.1% to 32.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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