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UI Q2 2024 Earnings — Ubiquiti Inc. Revenue & Financial Results | Market Cap Arena
UI
Ubiquiti Inc.
$47B
Q2 2024 Earnings
Technology
Communication Equipment
Income Statement
Revenue
$465M
-5.8% YoY
Gross Profit
$178M
38.2% margin
Operating Income
$121M
26.0% margin
Net Income
$82M
17.7% margin
EPS (Diluted)
$1.36
QoQ Revenue Growth
+0.4%
Cash Flow
Operating Cash Flow
$79M
Free Cash Flow
$75M
Stock-Based Comp.
$2M
Balance Sheet
Total Assets
$1.3B
Total Liabilities
$1.4B
Stockholders' Equity
-$16M
Cash & Equivalents
$98M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$465M
$494M
-5.8%
Gross Profit
$178M
$198M
-10.1%
Operating Income
$121M
$145M
-16.6%
Net Income
$82M
$112M
-26.8%
Revenue Segments
Enterprise Technology
$391M
84%
Service Provider Technology
$73M
16%
Geographic Segments
North America
$226M
49%
EMEA
$173M
37%
Asia Pacific
$33M
7%
South America
$33M
7%
← FY 2024
All Quarters
Q3 2024 →