Company Analysis

Ubiquiti Inc. (UI)

NYSE: UI · Radio & Tv Broadcasting & Communications Equipment · New York, NY · filing with the SEC since 2011
Grade6.8
◀ Past 5.8● Present 7.8▶ Future 6.6
1 est.

The grade of Ubiquiti Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.8/10
◀ Past5.830% of the headline
● Present7.840% of the headline
▶ Future6.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.8/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
4.0/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2025-12-05.

weight 33% of this tense · 40th percentile among 21 sector filers · read for itself

From the record

Ubiquiti Inc.'s filings since 2017 show 2 warning events: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2025-12-05) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.7/10

What has it actually done, year after year?

+11.5% a year over 6 filed years; profitable in 6 of 6.

weight 45% of this tense · 67th percentile among 21 sector filers · read for its customers

From the record

Ubiquiti Inc.'s 6 filed years say what it did: revenue went from $1.9 billion in fiscal 2021 to $3.3 billion in fiscal 2026, up 11.5% a year; it rose in 3 of 5 years; the deepest fall was 11% from fiscal 2021 to fiscal 2022; net income was positive in 6 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span11.5%top 29% of its family
  • the share of years revenue rosebottom 36% of its family
  • the share of filed years with a profittop 5% of its family
  • the deepest fall from a revenue peak10.9%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.6/10

How has it treated the people who own it?

Share count grew 0.1% a year. 23% of cash flow returned. Insiders: 2 sales, 0 purchases.

weight 22% of this tense · 66th percentile among 12 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-30, Ubiquiti Inc.'s diluted share count grew about 0.1% a year, and dividends and buybacks returned about 23% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 2 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 21% of its family
  • cash returned against operating cash flowtop 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.8/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
8.7/10

Is it financially healthy right now?

ROE 67%: 67¢ of profit per shareholder dollar. Leverage 34%: owes 34¢ per asset dollar.

weight 45% of this tense · 87th percentile among 21 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, Ubiquiti Inc. earned about 67 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 69 cents per dollar of everything the company owns. Leverage: it owed about 34 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 21% of its family
  • return on equitytop 7% of its family
  • gross profit against assetstop 3% of its family
  • the share count against the year beforetop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
8.4/10

How strong is its position in its industry?

top 16% of 21 in its family; net margin 29.3%.

weight 33% of this tense · 84th percentile among 21 sector filers · read for its customers

From the record

Ubiquiti Inc.'s standing among 21 graded names in its industry family: revenue of $3.3 billion in fiscal 2026 ranks in the top 13% by size; a net margin of 29.3% ranks in the top 12%; revenue growth of 19% a year over the last 3 filed years ranks in the top 22% (its annual reports).

What it rests on

  • revenue against the family$3.27Btop 13% of its family
  • net margin29.3%top 12% of its family
  • three-year revenue growth19.0%top 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.2/10

What are the people in charge doing?

SI estimate 5.2/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 18 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title, so the desk assumes the typical reading of its industry family, the median of 18 members with one.
What the record cannot read
Fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title.
How it was reasoned
family median, 18 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Ubiquiti Inc.'s leadership is put at 5.2 of 10 with a confidence of 20 of 100, because fewer than two of the three parts can be read: officer and director changes against the people in charge, the years the people in charge have been filing, the chief executive's years under the title, so the desk assumes the typical reading of its industry family, the median of 18 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.2/10

How much room does it have to grow?

top 38% of 21 in its family for room to expand.

weight 45% of this tense · 62nd percentile among 21 sector filers · read for itself

From the record

Ubiquiti Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $523 million against no long-term debt tagged leaves 23.8% of its assets as net cash, top 31% of its family; cash from operations less capital spending is 27.8% of revenue (top 2%); a gross margin of 46.2% (top 39%); research spending of 6.2% of revenue (bottom 21%) (its annual report).

What it rests on

  • cash less debt against assets23.8%top 31% of its family
  • cash from operations less capital spending against revenue27.8%top 2% of its family
  • gross margin46.2%top 39% of its family
  • research spending against revenue6.2%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
7.5/10

What could actually drive growth from here?

top 25% of 21 in its family for growth drivers.

weight 33% of this tense · 75th percentile among 21 sector filers · read for its customers

From the record

Ubiquiti Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 19% a year over the last three filed years against 11.5% over all 6, speeding up (top 18% of its family); the newest year grew 27.2% (top 31%); research spending grew 12% a year (top 7%); capital spending grew -1.9% a year (top 45%) (its annual reports). Ubiquiti Inc. reported 2 product lines in fiscal 2026: Enterprise Technology at $3.0 billion (91%), Service Provider Technology at $302 million (9%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+7.5 points a yeartop 18% of its family
  • the newest year's revenue growth27.2%top 31% of its family
  • three-year growth of research spending12.0%top 7% of its family
  • three-year growth of capital spending-1.9%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
6.1/10

Did its newest year beat what its own record pointed to?

top 39% of 19 in its family for expectations against reality.

weight 22% of this tense · 61st percentile among 19 sector filers · read for its shareholders

From the record

Ubiquiti Inc.'s newest year against its own record: revenue of $3.3 billion in fiscal 2026 came in 10.5% above the $3.0 billion its prior three years' pace pointed to (top 50% of its family); net income of $960 million against a prior three-year average of $490 million (top 12%); a net margin of 29.3% against 22.3% before (bottom 45%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace10.5%top 50% of its family
  • net income against the prior three years' average+96%top 12% of its family
  • net margin against its prior average+7.1 pointsbottom 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton UI · research, not advice