UI financial statements

The full income statement, balance sheet, and cash-flow statement for Ubiquiti Inc. (UI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-03 60.5M2024-06 60.5M2024-09 60.5M2024-12 60.5M2025-03 60.5M2025-06 60.5M2025-09 60.5M2025-12 60.5M2026-03 60.5M+0.1% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
Revenue	2.57B YoY+33.4%	1.93B YoY-0.6%	1.94B YoY+14.7%	1.69B YoY-10.9%	1.90B YoY+47.8%
	1.12B YoY+51.1%	740M YoY-2.8%	761M YoY+13.6%	670M YoY-26.6%	912M YoY+50.0%
Cost of revenue	1.46B YoY+22.5%	1.19B YoY+0.8%	1.18B YoY+15.5%	1.02B YoY+3.7%	986M YoY+45.8%
	281M YoY+16.8%	241M YoY+11.4%	216M YoY+4.2%	208M YoY+22.3%	170M YoY+30.6%
Research & development	170M YoY+6.2%	160M YoY+10.1%	145M YoY+5.4%	138M YoY+18.5%	116M YoY+29.9%
Selling, general & administrative	111M YoY+37.7%	81.0M YoY+14.1%	71.0M YoY+1.6%	69.9M YoY+30.5%	53.5M YoY+31.9%
Amortization of intangibles	1.60M YoY+0.0%	1.60M YoY+0.0%	1.60M	—	—
Provision for credit losses	11.5M YoY+2722.2%	406K YoY+915.0%	40.0K YoY+700.0%	5.00K YoY-28.6%	7.00K YoY-91.8%
Operating income	836M YoY+67.6%	499M YoY-8.4%	545M YoY+17.8%	462M YoY-37.7%	743M YoY+55.3%
Other non-operating income	-30.6M YoY+59.3%	-75.2M YoY-29.1%	-58.2M YoY-226.8%	-17.8M YoY-19.3%	-14.9M YoY+46.7%
Pre-tax income	806M YoY+90.1%	424M YoY-12.9%	486M YoY+9.4%	444M YoY-38.9%	728M YoY+61.6%
Income tax	93.7M YoY+26.9%	73.9M YoY-6.1%	78.7M YoY+19.6%	65.8M YoY-40.8%	111M YoY+58.9%
Net income	712M YoY+103.4%	350M YoY-14.1%	408M YoY+7.7%	379M YoY-38.6%	617M YoY+62.1%
	$11.76 YoY+103.1%	$5.79 YoY-14.1%	$6.74 YoY+10.0%	$6.13 YoY-37.3%	$9.78 YoY+68.6%
EPS (basic)	$11.77 YoY+103.3%	$5.79 YoY-14.2%	$6.75 YoY+9.9%	$6.14 YoY-37.3%	$9.79 YoY+68.5%
	60.5M YoY+0.0%	60.5M YoY+0.0%	60.4M YoY-2.0%	61.7M YoY-2.1%	63.0M YoY-3.7%
	60.5M YoY+0.1%	60.5M YoY+0.0%	60.5M YoY-2.1%	61.7M YoY-2.1%	63.1M YoY-3.8%
Dividends per share	$2.40 YoY+0.0%	$2.40 YoY+0.0%	$2.40 YoY+0.0%	$2.40 YoY+50.0%	$1.60 YoY+33.3%
Balance Sheet	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
	1.17B YoY+28.1%	916M YoY-21.5%	1.17B YoY+87.8%	622M YoY-10.5%	694M YoY+18.3%
Cash & equivalents	150M YoY+18.5%	126M YoY+10.0%	115M YoY-15.7%	136M YoY-45.4%	249M YoY+74.9%
Short-term investments	—	0.00 YoY-100.0%	109K YoY-74.5%	427K YoY-67.7%	1.32M YoY+42.7%
Accounts receivable	245M YoY+44.6%	169M YoY+0.8%	168M YoY+40.3%	120M YoY-30.6%	172M YoY+21.2%
Inventory	675M YoY+46.1%	462M YoY-37.3%	737M YoY+180.9%	262M YoY+12.3%	234M YoY-18.2%
Prepaid expenses	55.6M YoY+58.6%	35.0M YoY+59.4%	22.0M YoY+66.6%	13.2M YoY-24.0%	17.3M YoY+92.0%
	1.47B YoY+27.0%	1.15B YoY-17.9%	1.41B YoY+66.5%	845M YoY-5.2%	891M YoY+20.8%
Property, plant & equipment	73.5M YoY-9.4%	81.1M YoY-6.6%	86.8M YoY+8.2%	80.2M YoY+1.5%	79.1M YoY+0.7%
Operating lease right-of-use	44.7M YoY-6.5%	47.8M YoY-16.9%	57.5M YoY-10.5%	64.2M YoY+60.5%	40.0M YoY+63.7%
Intangible assets	2.63M YoY-36.9%	4.16M YoY-26.9%	5.70M YoY-21.2%	7.23M YoY-16.8%	8.68M YoY+183.5%
Long-term investments	—	—	—	0.00 YoY-100.0%	1.03M YoY+101.8%
Deferred tax assets	108M YoY+200.5%	35.9M YoY+51.6%	23.7M YoY+258.1%	6.62M YoY+38.6%	4.78M YoY+16.4%
Other non-current assets	67.1M YoY-8.8%	73.6M YoY+3.2%	71.3M YoY-1.0%	72.1M YoY+0.2%	71.9M YoY+66.5%
	711M YoY+149.6%	285M YoY-19.1%	352M YoY+13.1%	311M YoY+12.5%	276M YoY+4.6%
Accounts payable	165M YoY+222.5%	51.1M YoY-66.9%	154M YoY+84.3%	83.7M YoY-25.3%	112M YoY-28.0%
Deferred revenue	36.0M YoY+76.9%	20.3M YoY+13.5%	17.9M YoY-13.7%	20.8M YoY-3.9%	21.6M YoY+31.3%
Short-term & current debt	250M YoY+583.6%	36.5M YoY+0.0%	36.5M YoY+53.0%	23.9M YoY+0.0%	23.9M YoY-0.8%
Current lease liability	12.4M YoY-9.6%	13.7M YoY-4.2%	14.3M YoY+12.5%	12.7M YoY+39.3%	9.15M YoY+29.7%
Other current liabilities	256M YoY+47.2%	174M YoY+22.5%	142M YoY-25.1%	189M YoY+50.3%	126M YoY+134.5%
	798M YoY-24.7%	1.06B YoY-30.4%	1.52B YoY+24.0%	1.23B YoY+38.2%	888M YoY-14.0%
Long-term debt	0.00 YoY-100.0%	670M YoY-35.7%	1.04B YoY+36.6%	763M YoY+63.3%	467M YoY-25.7%
Deferred revenue (non-current)	26.0M YoY+93.9%	13.4M YoY+72.6%	7.77M YoY+33.5%	5.82M YoY-32.0%	8.56M YoY+36.9%
Non-current lease liability	35.5M YoY-4.6%	37.2M YoY-19.3%	46.1M YoY-14.8%	54.0M YoY+67.5%	32.3M YoY+74.1%
Operating lease liability (total)	47.9M YoY-6.0%	50.9M YoY-15.7%	60.4M YoY-9.6%	66.8M YoY+61.3%	41.4M YoY+61.8%
Deferred tax liabilities	334K YoY-32.1%	492K YoY+117.7%	226K	0.00	—
Other non-current liabilities	26.3M YoY+96.4%	13.4M YoY+72.6%	7.77M YoY+33.5%	5.82M YoY-32.0%	8.56M YoY+35.7%
	668M YoY+603.0%	95.1M YoY+182.1%	-116M YoY+69.8%	-383M YoY-14285.8%	2.70M YoY+100.9%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	61.0K YoY+1.7%	60.0K YoY+0.0%	60.0K YoY+0.0%	60.0K YoY-4.8%	63.0K YoY-1.6%
Additional paid-in capital	17.1M YoY+60.4%	10.6M YoY+125.5%	4.72M YoY+626.3%	650K	0.00 YoY-100.0%
Retained earnings	651M YoY+671.9%	84.4M YoY+170.0%	-121M YoY+68.5%	-383M YoY-14639.4%	2.63M YoY+100.9%
Accumulated other comprehensive income	—	—	0.00 YoY+100.0%	-474K YoY-47500.0%	1.00K YoY-88.9%
Total liabilities & equity	1.47B YoY+27.0%	1.15B YoY-17.9%	1.41B YoY+66.5%	845M YoY-5.2%	891M YoY+20.8%
	60.5M YoY+0.0%	60.5M YoY+0.0%	60.4M YoY+0.0%	60.4M	—
	60.5M YoY+0.0%	60.5M YoY+0.0%	60.4M YoY+0.0%	60.4M YoY-3.5%	62.6M YoY-1.7%
	60.5M YoY+0.0%	60.5M YoY+0.0%	60.4M YoY+0.0%	60.4M YoY-3.3%	62.5M YoY-1.9%
Cash Flow	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
	640M YoY+18.2%	542M YoY+472.4%	-145M YoY-139.3%	370M YoY-39.5%	612M YoY+33.0%
Depreciation & amortization	21.9M YoY+13.8%	19.3M YoY+18.2%	16.3M YoY+19.0%	13.7M YoY+13.1%	12.1M YoY+57.2%
Intangible amortization	1.60M YoY+0.0%	1.60M YoY+0.0%	1.60M	—	—
Share-based compensation	7.21M YoY+13.4%	6.36M YoY+34.3%	4.73M YoY+34.6%	3.52M YoY+16.1%	3.03M YoY+4.9%
Deferred income taxes	-72.2M YoY-503.3%	-12.0M YoY+29.0%	-16.9M YoY-815.1%	-1.84M YoY-173.3%	-674K YoY+43.5%
Change in receivables	86.9M YoY+4825.0%	1.76M YoY-96.3%	48.2M YoY+191.5%	-52.7M YoY-274.7%	30.1M YoY+317.1%
Change in inventory	220M YoY+187.7%	-251M YoY-151.4%	488M YoY+1550.3%	29.6M YoY+155.9%	-52.9M YoY-288.5%
Change in payables	114M YoY+210.2%	-103M YoY-247.8%	69.7M YoY+343.1%	-28.7M YoY+33.8%	-43.3M YoY-137.1%
	-12.6M YoY-5.1%	-12.0M YoY+42.8%	-20.9M YoY-87.2%	-11.2M YoY+42.0%	-19.3M YoY-127.7%
Capital expenditure	12.6M YoY+5.1%	12.0M YoY-42.8%	20.9M YoY+55.4%	13.5M YoY-26.5%	18.3M YoY-40.2%
Free cash flow	627M YoY+18.5%	530M YoY+418.3%	-166M YoY-146.6%	357M YoY-39.9%	594M YoY+38.2%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Purchases of investments	—	0.00	0.00 YoY-100.0%	1.48M YoY-20.6%	1.86M YoY-93.2%
Sales/maturities of investments	—	0.00	0.00 YoY-100.0%	1.31M YoY+42.1%	922K YoY-94.2%
	-604M YoY-16.6%	-518M YoY-457.3%	145M YoY+130.7%	-472M YoY+2.8%	-486M YoY+22.3%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00 YoY-100.0%	618M YoY+181.3%	220M YoY-68.6%
Dividends paid	145M YoY+0.0%	145M YoY+0.0%	145M YoY-2.0%	148M YoY+46.9%	101M YoY+28.1%
Net change in cash	23.4M YoY+103.1%	11.5M YoY+153.8%	-21.4M YoY+81.1%	-113M YoY-206.0%	107M YoY+211.8%
Interest paid	31.0M YoY-58.7%	75.1M YoY+39.4%	53.9M YoY+366.0%	11.6M YoY-2.1%	11.8M YoY-45.9%
Income taxes paid	177M YoY+63.2%	109M YoY-1.0%	110M YoY+40.3%	78.2M YoY-44.0%	140M YoY+86.4%
Valuation Ratios	as ofJun 30 ’25	as ofJun 30 ’24	as ofJun 30 ’23	as ofJun 30 ’22	as ofJun 30 ’21
Market cap	24.9B YoY+182.8%	8.81B YoY-17.1%	10.6B YoY-29.2%	15.0B YoY-23.1%	19.5B YoY+75.5%
P/E	35.0× YoY+39.0%	25.2× YoY-3.4%	26.1× YoY-34.2%	39.6× YoY+25.2%	31.6× YoY+8.2%
P/S	9.7× YoY+110.1%	4.6× YoY-15.9%	5.5× YoY-38.3%	8.9× YoY-13.8%	10.3× YoY+18.8%
P/B	37.3× YoY-89.1%	340.4×	—	—	7229.2×
P/FCF	39.7× YoY+39.3%	28.5×	—	42.0× YoY+27.9%	32.9× YoY+27.0%
	2.9% YoY-28.0%	4.0% YoY+3.5%	3.8% YoY+52.0%	2.5% YoY-20.1%	3.2% YoY-7.6%
	2.5% YoY-28.2%	3.5%	—	2.4% YoY-21.8%	3.0% YoY-21.3%
	0.58% YoY-64.6%	1.6% YoY+20.7%	1.4% YoY+41.2%	0.97% YoY+88.7%	0.51% YoY-25.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: UI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all UI filings on SEC EDGAR → Not investment advice.