UI Q4 2023 Earnings — Ubiquiti Inc. Revenue & Financial Results | Market Cap Arena

UIUbiquiti Inc.

$47B

Q4 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$491M+10.8% YoY

Gross Profit

$203M41.4% margin

Operating Income

$144M29.3% margin

Net Income

$104M21.1% margin

EPS (Diluted)

$1.72

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$9M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.5B

Stockholders' Equity

-$116M

Cash & Equivalents

$115M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$491M	$443M	+10.8%
Gross Profit	$203M	$170M	+19.9%
Operating Income	$144M	$113M	+27.8%
Net Income	$104M	$93M	+12.1%

Revenue Segments

Enterprise Technology

$404M82%

Service Provider Technology

$87M18%

Geographic Segments

North America

$238M49%

EMEA

$191M39%

Asia Pacific

$32M7%

South America

$30M6%