Ubiquiti profit margin UI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 29.3%
- Operating margin, 12 months
- 36.2%
- Net margin on a year earlier
- +1.7 pts
- Peer median
- 10.9%
Over the twelve months to Jun 30, 2026, Ubiquiti kept 29.3% of its revenue as net profit, with an operating margin of 36.2% and a gross margin of 46.2%.
Five years earlier its net margin was 32.5%.
The median for 6 communication equipment stocks of a similar size is 10.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 29.3% | 36.2% | 46.2% |
| FY2025 | 27.7% | 32.5% | 43.4% |
| FY2024 | 18.1% | 25.9% | 38.4% |
| FY2023 | 21.0% | 28.1% | 39.2% |
| FY2022 | 22.4% | 27.3% | 39.6% |
| FY2021 | 32.5% | 39.1% | 48.1% |
| FY2020 | 29.6% | 37.2% | 47.3% |
| FY2019 | 27.8% | 33.9% | 46.3% |
| FY2018 | 19.3% | 32.1% | 43.6% |
| FY2017 | 29.8% | 33.5% | 45.7% |
| FY2016 | 32.1% | 36.3% | 48.7% |
| FY2015 | 21.8% | 24.6% | 44.0% |
| FY2014 | 30.9% | 34.2% | 44.3% |
| FY2013 | 25.1% | 28.9% | 42.2% |
| FY2012 | 29.0% | 35.4% | 42.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q4 FY26 | 29.3% | +1.7 pts | 36.2% | |
| Q3 FY26 | 30.4% | +6.8 pts | 35.8% | |
| Q2 FY26 | 29.9% | +9.2 pts | 35.1% | |
| Q1 FY26 | 28.7% | +9.4 pts | 33.7% | |
| Q4 FY25 | 27.7% | +9.5 pts | 32.5% | |
| Q3 FY25 | 23.6% | +5.4 pts | 30.7% | |
| Q2 FY25 | 20.7% | +0.9 pts | 27.8% | |
| Q1 FY25 | 19.4% | −1.8 pts | 26.8% | |
| Q4 FY24 | 18.1% | −2.9 pts | 25.9% | |
| Q3 FY24 | 18.3% | −2.7 pts | 26.4% | |
| Q2 FY24 | 19.8% | +0.4 pts | 28.1% | |
| Q1 FY24 | 21.1% | +1.5 pts | 28.9% |
Against its peers
Companies in Communication Equipment nearest Ubiquiti's size, closest first, today.
| Company | Profit margin |
|---|---|
| UIUbiquiti | 29.3% |
| CIENCiena | 10.9% |
| LITELumentum | n/m |
| ZBRAZebra Technologies | 9.2% |
| MSIMotorola Solutions | 17.4% |
| FNFabrinet | 10.2% |
| ESEEsco Technologies | 24.4% |
| Peer median | 10.9% |
Where Ubiquiti ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Ubiquiti
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.