AI Earnings Predictions for Ubiquiti Inc. (UI)

EX-99.1

2 exhibit991-063026.htm

EX-99.1

Document

Exhibit 99.1

UBIQUITI INC. REPORTS FOURTH QUARTER FISCAL 2026 FINANCIAL RESULTS

~ Record Revenues of $937.3 million ~

New York, NY - August 21, 2026 - Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the fourth quarter and full year fiscal 2026, ended June 30, 2026.

Fourth Quarter Fiscal 2026 Financial Summary

•Revenues of $937.3 million

•GAAP diluted EPS of $4.70

•Non-GAAP diluted EPS of $4.73

Full Fiscal 2026 Financial Summary

•Revenues of $3.3 billion

•GAAP diluted EPS of $15.85

•Non-GAAP diluted EPS of $15.95

Additional Financial Highlights

•The Company's Board of Directors (the "Board") declared a $1.00 per share cash dividend payable on September 8, 2026 to shareholders of record at the close of business on August 31, 2026.

•The Company intends to pay regular quarterly cash dividends of at least $1.00 per share during each quarter of fiscal year 2027, 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.

•The Company has extended the expiration date of its previously announced stock repurchase program, authorizing the Company to repurchase up to $500 million of its common stock through September 30, 2027, as disclosed in the Form 8-K filed on August 21, 2026.

Financial Highlights ($, in millions, except per share data)

(Unaudited)

Income statement highlights4QF263QF264QF25

Revenues937.3788.2759.2

Enterprise Technology868.3717.9680.1

Service Provider Technology69.070.379.0

Gross profit429.3370.7342.7

Gross Profit (%)45.8%47.0%45.1%

Total Operating Expenses89.379.981.3

Income from Operations340.0290.8261.4

GAAP Net Income284.9233.9266.7

GAAP EPS (diluted)4.703.864.41

Non-GAAP Net Income286.5235.1214.4

Non-GAAP EPS (diluted)4.733.883.54

Ubiquiti Inc. Revenues by Product Type (In thousands) (Unaudited)

Three Months Ended June 30,Twelve Months Ended June 30,

20262025 2026(1)

2025(1)

Enterprise Technology$868,314 $680,147 $2,972,302 $2,254,254

Service Provider Technology69,009 79,006 301,860 319,291

Total revenues$937,323 $759,153 $3,274,162 $2,573,545

Ubiquiti Inc. Revenues by Geographical Area (In thousands) (Unaudited)

Three Months Ended June 30,Twelve Months Ended June 30,

20262025 2026(1)

2025(1)

North America$507,381 $379,899 $1,743,978 $1,295,515

Europe, the Middle East and Africa331,582 303,796 1,179,174 999,384

Asia Pacific69,445 47,344 220,205 168,843

South America28,915 28,114 130,805 109,803

Total revenues$937,323 $759,153 $3,274,162 $2,573,545

(1) Derived from audited consolidated statements as of and for the year ended June 30, 2026 and 2025, respectively.

Income Statement Items

Revenues

Revenues for the fourth quarter of fiscal 2026 were $937.3 million, representing an increase from the prior quarter of 18.9% and an increase from the comparable prior year period of 23.5%. On a full year basis, revenues for fiscal 2026 were $3.3 billion, representing a 27.2% increase compared to full year fiscal 2025.

The growth in revenues over the prior quarter and the comparable prior year periods were driven by increase in revenue from our Enterprise Technology platform, offset in part by a decrease in revenues from our Service Provider Technology platform.

Gross Profit Margin-Gross Profit as a percentage of Revenue

During the fourth quarter of fiscal 2026, GAAP gross profit was $429.3 million. GAAP gross margin of 45.8% decreased by 1.2% as compared to the prior quarter GAAP gross margin of 47.0% and increased by 0.7% as compared to the comparable prior year period GAAP gross margin of 45.1%. On a full year basis, fiscal 2026 GAAP gross profit was $1,511.4 million. Fiscal 2026 GAAP gross margin of 46.2% increased by 2.8% as compared to fiscal 2025 GAAP gross margin of 43.4%.

The decrease in gross profit margin as compared to the prior quarter was primarily driven by higher costs of components and higher shipping costs, offset in part by lower other indirect costs. The increase in gross profit margin as compared to the comparable prior year period was primarily driven by lower other indirect costs, offset in part by unfavorable product mix, higher shipping costs and higher costs of components. The increase in gross profit margin for full fiscal 2026 as compared to full fiscal 2025 was primarily driven by favorable product mix, lower other indirect costs offset in part by higher tariff costs.

During the fourth quarter of fiscal 2026, the Company experienced an increase in certain component costs. Component costs may continue to rise and availability may remain constrained. These factors may result in near-term pressure on our gross profit margins, particularly to the extent

EX-99.1

2 exhibit991-33126.htm

EX-99.1

Document

Exhibit 99.1

UBIQUITI INC. REPORTS THIRD QUARTER FISCAL 2026 FINANCIAL RESULTS

~ Revenues of $788.2 million, up 18.7% YoY ~

~ GAAP Diluted Earnings Per Share of $3.86 ~

New York, NY - May 8, 2026 - Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the third quarter ended March 31, 2026.

Third Quarter Fiscal 2026 Financial Summary

•Revenues of $788.2 million

•GAAP diluted EPS of $3.86

•Non-GAAP diluted EPS of $3.88

Additional Financial Highlight

•The Company's Board of Directors declared a $0.80 per share cash dividend payable on May 26, 2026 to shareholders of record at the close of business on May 18, 2026.

Financial Highlights ($, in millions, except per share data)

Income statement highlightsF3Q26F2Q26F3Q25

Revenues788.2814.9664.2

Enterprise Technology717.9729.0585.7

Service Provider Technology70.385.978.4

Gross profit370.7374.0295.9

Gross Profit (%)47.0%45.9%44.5%

Total Operating Expenses79.981.169.0

Income from Operations290.8292.9226.9

GAAP Net Income233.9233.6180.4

GAAP EPS (diluted)3.863.862.98

Non-GAAP Net Income235.1235.1181.8

Non-GAAP EPS (diluted)3.883.883.00

Ubiquiti Inc. Revenues by Product Type (In thousands) (Unaudited)

Three Months Ended March 31,Nine Months Ended March 31,

2026202520262025

Enterprise Technology$717,850 $585,723 $2,103,988 $1,574,108

Service Provider Technology70,349 78,447 232,851 240,285

Total revenues$788,199 $664,170 $2,336,839 $1,814,393

Ubiquiti Inc. Revenues by Geographical Area (In thousands) (Unaudited)

Three Months Ended March 31,Nine Months Ended March 31,

2026202520262025

North America$410,206 $322,726 $1,236,598 $915,615

Europe, the Middle East and Africa303,761 282,121 847,593 695,589

Asia Pacific43,170 37,480 150,759 121,499

South America31,062 21,843 101,889 81,690

Total revenues$788,199 $664,170 $2,336,839 $1,814,393

Income Statement Items

Revenues

In the third quarter of fiscal 2026, the Company reported revenues of $788.2 million. This figure represents a decrease from the prior quarter of 3.3% and an increase from the comparable prior year period of 18.7%.

The decrease in revenues compared to the prior quarter was driven by a decrease in revenue from both our Enterprise Technology and Service Provider Technology platforms and reflects the strong holiday webstore sales experienced in the second quarter of fiscal 2026.The increase in revenues compared to the comparable prior year period was primarily driven by an increase in revenues from our Enterprise Technology platform, offset in part by a decrease in revenues from our Service Provider Technology platform.

Gross Margins

During the third quarter fiscal 2026, GAAP gross profit was $370.7 million. The GAAP gross margin for the period was 47.0%, reflecting an improvement of 1.1% compared to the prior quarter's GAAP gross margin of 45.9% and an improvement of 2.5% over the comparable prior year period GAAP gross margin of 44.5%.

The increase in gross profit margin as compared to the prior quarter was primarily driven by favorable product mix and holiday pricing in the second quarter. The increase in gross profit margin as compared to the comparable prior year period was primarily driven by favorable product mix, reduced charges for excess and obsolete inventory, lower shipping costs and other indirect costs, offset in part by higher tariff costs.

Research and Development

During the third quarter fiscal 2026, research and development ("R&D") expenses were $51.8 million. This reflects an increase as compared to the R&D expenses of $50.8 million in the prior quarter and an increase as compared to the R&D expenses of $44.3 million in the comparable prior year period.

The increase in R&D expenses as compared to the prior quarter was primarily driven by higher employee-related expenses, software expenses and facility costs, offset in part by lower prototype-related expenses and depreciation. The increase in R&D expenses as compared to the comparable prior year period was primarily driven by higher employee-related expenses, facility costs and software expenses, offset in part by lower depreciation.

Sales, General and Administrative

The Company’s sales, general and administrative ("SG&A") expenses for the third quarter fiscal 2026 were $28.1 million. This reflects a decrease as compared to the SG&A expenses of $30.3 million in the prior quarter and an increase compared to the SG&A expenses of $24.8 million in the comparable prior year period.

The decrease in SG&A costs as compared to the prior quarter was primarily attributable to lower marketing expenses and a reduction in credit card processing fees associated with lower webstore sales, offset in part by higher professional fees. The increase in SG&A as compared to the comparable prior year period was primarily attributable to higher credit card processing fees associated with higher webstore sales, higher professiona

ui-202602060001511737FALSE00015117372026-02-062026-02-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 or 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 6, 2026

UBIQUITI INC.

(Exact name of registrant as specified in its charter)

Delaware001-35300 32-0097377 (State or jurisdiction of incorporation)(Commission File Number) (I.R.S. Employer Identification No.)

685 Third Avenue, 27th Floor New York, New York 10017 (Address of principal executive offices, including zip code) (646) 780-7958 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, $0.001 par value per shareUINew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02Results of Operations and Financial Condition.

On February 6, 2026, Ubiquiti Inc. (the “Company”) issued a press release announcing its financial results for the fiscal quarter ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1.

The Company hereby furnishes the information relating to its financial results for the fiscal quarter ended December 31, 2025 set forth in the press release issued on February 6, 2026 and which is incorporated herein by reference. This information is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”), in each case, whether made before or after the date hereof, regardless of any general incorporation language in such filing. Other documents filed with the Securities and Exchange Commission (the “SEC”) shall not incorporate this information by reference, except as otherwise expressly stated in such filing.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits

Exhibit NumberDescription

99.1 Press release of Ubiquiti Inc. dated February 6, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall Exhibit 99.1 be deemed incorporated by reference into any filing of the Company under the Securities Act, in each case, whether made before or after the date hereof, regardless of any general incorporation language in such filing, except as expressly set forth in such filing.

Forward Looking Statements

Certain statements in this Current Report on Form 8-K are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Statements other than statements of historical fact including words such as “look”, “will”, “anticipate”, “believe”, “estimate”, “expect”, “forecast”, “consider” and “plan” and statements in the future tense are forward looking statements. The statements in this Current Report on Form 8-K that could be deemed forward-looking statements include the statement regarding our intention to pay quarterly cash dividends, any statements or assumptions underlying the foregoing, and any statement regarding future events and the future financial performance of Ubiquiti Inc. that involves risks or uncertainties.

Forward-looking statements are subject to certain risks and uncertainties that could cause our actual future results to differ materially or cause a material adverse impact on our results. Potential risks and uncertainties include, but are not limited to, the impact of U.S. tariffs on our operations and f