UI Q3 2024 Earnings — Ubiquiti Inc. Revenue & Financial Results | Market Cap Arena

UIUbiquiti Inc.

$47B

Q3 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$493M+7.7% YoY

Gross Profit

$174M35.3% margin

Operating Income

$111M22.6% margin

Net Income

$76M15.5% margin

EPS (Diluted)

$1.26

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$164M

Free Cash Flow

$161M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.2B

Stockholders' Equity

$26M

Cash & Equivalents

$102M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$493M	$458M	+7.7%
Gross Profit	$174M	$188M	-7.6%
Operating Income	$111M	$134M	-16.7%
Net Income	$76M	$99M	-22.6%

Revenue Segments

Enterprise Technology

$414M84%

Service Provider Technology

$79M16%

Geographic Segments

North America

$243M49%

EMEA

$201M41%

Asia Pacific

$26M5%

South America

$23M5%