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Ubiquiti Inc. Reports Fourth Quarter Fiscal 2026 Financial Results

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  • Ubiquiti Inc. reported fourth-quarter fiscal 2026 revenues of $937.3 million, an 18.9% increase from the prior quarter and a 23.5% increase from the comparable prior-year period.
  • Full-year fiscal 2026 revenues reached $3.3 billion, representing a 27.2% increase compared to fiscal 2025.
  • Fourth-quarter fiscal 2026 GAAP diluted earnings per share (EPS) were $4.70, while non-GAAP diluted EPS were $4.73.
  • Full-year fiscal 2026 GAAP diluted EPS were $15.85, and non-GAAP diluted EPS were $15.95.
  • Enterprise Technology segment revenue grew to $868.3 million in the fourth quarter, offset by a decline in Service Provider Technology revenue to $69.0 million.
  • GAAP gross margin for the fourth quarter was 45.8%, decreasing 1.2% from the prior quarter due to higher component \& shipping costs, though it increased 0.7% year-over-year.
  • The Board declared a $1.00 per share cash dividend payable on September 8, 2026, with an intention to pay at least $1.00 per share quarterly during fiscal 2027.
  • The company extended its stock repurchase program to authorize up to $500 million of common stock repurchases through September 30, 2027.
  • Research \& Development expenses for the fourth quarter were $53.0 million, driven by higher prototype, software, \& employee-related costs.
  • Sales, general, \& administrative expenses for the fourth quarter were $36.3 million, attributed to higher professional fees, credit card processing fees, \& marketing expenses.
  • Interest income \& other, net turned into $3.1 million income for the quarter, primarily due to lower interest expenses from decreased outstanding debt.
  • Revenue growth was geographically driven by increases across North America, Europe, the Middle East, Africa, Asia Pacific, \& South America.
  • The company noted ongoing risks regarding rising component costs, supply constraints, \& potential tariff impacts on future gross margins.