Quarterly ResultMay 8, 2026, 07:07 AM
Ubiquiti Q3 Revenue $788.2M, Net Income $233.9M; Repays Term Loan
AI Summary
Ubiquiti Inc. reported strong financial results for the third quarter ended March 31, 2026, with revenues increasing by 18.7% to $788.2 million and net income rising by 29.6% to $233.9 million. The company also fully repaid its Term Loan Facility on February 27, 2026, and entered into a new credit agreement on May 7, 2026. However, Ubiquiti is facing ongoing patent infringement lawsuits, including one with AX Wireless, LLC that could lead to an exclusion order for its products from the U.S. market.
Key Highlights
- Q3 2026 revenues increased 18.7% to $788.2 million from $664.2 million year-over-year.
- Q3 2026 net income rose 29.6% to $233.9 million, up from $180.4 million in Q3 2025.
- Basic EPS for Q3 2026 was $3.87, a 29.9% increase from $2.98 in the prior year.
- The Term Loan Facility was fully repaid on February 27, 2026, with no outstanding balance on the Revolving Facility at maturity.
- Cash and cash equivalents significantly increased to $368.7 million as of March 31, 2026, from $149.7 million at June 30, 2025.
- Net cash provided by operating activities for the nine months ended March 31, 2026, was $630.1 million.
- The company faces patent infringement lawsuits from Intellectual Ventures I LLC and AX Wireless, LLC.
- A new credit agreement was entered into with PNC Bank, National Association on May 7, 2026.