Ubiquiti Inc develops and sells networking equipment and provides related software platforms through distributors, online retailers, and its web stores.
It is a $39.6B technology company. Revenue grew 27.2% over the last year, it keeps 29¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 41.4× earnings — around the middle of its own history.
- Website
- ui.com
- Location
- New York, NY
- Employees
- 1 818
- Sector
- Technology
- Founded
- 2003
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth, profitability, health and moat; Valuation lags behind.
Valuation20
- P/E vs own history63th pct · 5/25
- FCF yield2.3% · 5/25
- P/S12.2x · 5/25
- EV/EBITDA32.6x · 5/25
Growth90
- Revenue CAGR17.9% · 20/25
- Net income CAGR26.2% · 25/25
- EPS CAGR ~5Y10.1% · 20/25
- Fwd implied growth38.4% · 25/25
Profitability100
- ROIC105.6% · 25/25
- ROE85.6% · 25/25
- Net margin29.3% · 25/25
- Operating margin36.2% · 25/25
Health100
- Altman Z36.24 · 25/25
- Current ratio2.93 · 25/25
- Interest coverage500.8x · 25/25
- Net cash / debtNet cash · 25/25
Quality74
- Piotroski F7/9 · 22/25
- Beneish M-1.86 · 12/25
- FCF conversion79% · 15/25
- Margin stabilityσ 4.2% · 25/25
Moat88
- ROIC >12% years11/11 yrs · 25/25
- Median gross margin45.7% · 20/25
- FCF-positive years10/11 yrs · 18/25
- Worst-year net marginworst 18.1% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2026FinancialBecame debt-freecash now exceeds total debt
- FY2026FinancialBest year on record$960M net income
- FY2018FinancialRevenue crossed $1B$1.02B for the year
- FY2016FinancialProfitable every year on record11 consecutive profitable years in our data
- Oct 13, 2011IPOUbiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share,…
- 2003FoundedUbiquiti Inc. (formerly Ubiquiti Networks, Inc.) is an American technology company founded in San Jose, California,…
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (46.2%)
- Strongly profitable — 29.3% net margin
- Revenue growing 27.2% year over year
- Strong cash conversion — FCF is 27.8% of revenue
- Net cash position after subtracting debt from cash
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+27.2% YoY
- Profitable — makes more than it spends$960M TTM
- Profit growing — earnings are higher than last year+33.0% YoY
- Generates cash — cash left after running and investing$909M TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$39.6B market cap
- Not printing shares — share count not ballooning — you keep your slice-3.9% shares over ~5y
- Proven track record — years of profitability behind it11/11 profitable years
- Financially stable — balance sheet not near distressAltman Z 36.2 — safe
- Pays a dividend — returns cash to shareholdersyield 0.49%
- Valuation not extreme — price not wildly above earningsP/E 41.4
Peer comparisonUbiquiti Inc. vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| UI this company | $39.6B | 41.4 | +27.2% | 29.3% | Strong |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: UI vs NVDA · UI vs AAPL · UI vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2026. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/UI
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of UI on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $655.00 · market cap $39.6B.