Ubiquiti Q1 revenue, profit jump; warns of margin pressure
Reuters2026/11/06 12:16
Overview
Enterprise networking firm's fiscal Q1 revenue rose 39.9% yr/yr to $1.03 bln
Adjusted EPS for fiscal Q1 climbed 53.8% yr/yr to $5.32
Gross margin improved to 47.3%, helped by lower indirect costs but offset by higher component costs
Outlook
Company warns component costs may continue to rise, pressuring near-term gross margins
Ongoing supply constraints could limit ability to meet demand and impact revenue and margins
Result Drivers
ENTERPRISE AND SERVICE PROVIDER GROWTH - Co said revenue growth was driven by increases in both Enterprise Technology and Service Provider Technology platforms
LOWER INDIRECT COSTS - Co said gross margin improvement was primarily due to lower indirect costs, partly offset by higher component costs
HIGHER INTEREST INCOME - Co said higher interest income on invested cash contributed to increased net income
Company press release: ID:nBw1H1WNka
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Revenue |
Beat |
$1.03 bln |
$977.45 mln (1 Analyst) |
Q1 Adjusted EPS |
Beat |
$5.32 |
$4.57 (2 Analysts) |
Q1 EPS |
|
$5.29 |
|
Q1 Adjusted Net Income |
Beat |
$322 mln |
$295.55 mln (1 Analyst) |
Q1 Gross Margin |
|
47.30% |
|
Reuters Recommended Reads
Nov 3 - Chipmaker AMD forecasts Q4 revenue above estimates on strong data center demand; shares rise
Nov 4 - Coherent Q1 revenue beats estimates on datacenter & communications segment strength
Nov 4 - SiTime Q3 revenue beats estimates on AI infrastructure demand
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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