UI Q3 2023 Earnings — Ubiquiti Inc. Revenue & Financial Results | Market Cap Arena

UIUbiquiti Inc.

$47B

Q3 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$458M+27.8% YoY

Gross Profit

$188M41.2% margin

Operating Income

$134M29.2% margin

Net Income

$99M21.5% margin

EPS (Diluted)

$1.63

QoQ Revenue Growth

-7.3%

Cash Flow

Operating Cash Flow

-$162M

Free Cash Flow

-$164M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.6B

Stockholders' Equity

-$184M

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$458M	$358M	+27.8%
Gross Profit	$188M	$116M	+62.5%
Operating Income	$134M	$63M	+113.3%
Net Income	$99M	$50M	+95.8%

Revenue Segments

Enterprise Technology

$374M82%

Service Provider Technology

$84M18%

Geographic Segments

North America

$231M50%

EMEA

$173M38%

South America

$27M6%

Asia Pacific

$27M6%