UIUbiquiti Inc.
Radio & Tv Broadcasting & Communications Equipment
- Revenue
- $3.3B
- 27% YoY
- Operating margin
- 36.2%
- 11% YoY
- EBITDA
- $1.2B
- 40% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -0.4×
- −$475M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear97% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear21% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $1.9B | $2.6B | $3.3B | 27% |
| Operating income | $462M | $545M | $499M | $836M | $1.2B | 42% |
| Net income | $379M | $408M | $350M | $712M | $960M | 35% |
| Operating cash flow | $370M | −$145M | $542M | $640M | $929M | 45% |
| Capex | $13M | $21M | $12M | $13M | $20M | 57% |
| Stock-based comp | $4M | $5M | $6M | $7M | $7M | 3.3% |
| Buybacks | $618M | $0 | $0 | — | — | |
| Dividends | $148M | $145M | $145M | $145M | $194M | 33% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $1M | $1M | 180 | 83 |
| FY2025 | $631K | $631K | 138 | 70 |
| FY2024 | $810K | $810K | 48 | 83 |
| FY2023 | $977K | $977K | 57 | 77 |
| FY2022 | $479K | $479K | 80 | 59 |