uCloudlink Group Inc. (UCL) Gross Margin (2019 - 2026)
uCloudlink's (UCL) quarterly Gross Margin came in at 50.24% in Q2 2026, down 255.0% year-over-year from 32.41% in Q2 2025, and up 2.38% quarter-over-quarter from 49.07% in Q1 2026.
Analysis
uCloudlink Group Inc. (UCL) Gross Margin (2019 - 2026) Analysis & Trends
uCloudlink has disclosed Gross Margin across 8 years of filings, most recently posting 50.24% for Q2 2026.
- In Q2 2026, Gross Margin fell 255.0% year-over-year to 50.24%; the TTM figure through Jun 2026 stood at 51.26% (up 278.0% YoY), while the FY2025 annual figure was 52.4%, up 399.0% from the prior year.
- Gross Margin came in at 50.24% for Q2 2026 at uCloudlink, up from 49.07% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 55.18% in Q1 2024 to a low of 37.37% in Q1 2022.
- Average Gross Margin over 5 years is 48.94%, with a median of 49.71% recorded in 2024.
- Year-over-year, Gross Margin soared 2034 bps in 2022 and plunged 892 bps in 2024.
- Over 5 years, Gross Margin stood at 51.31% in 2022, then grew by 1 bps to 51.97% in 2023, then slipped by 17 bps to 43.04% in 2024, then rose by 20 bps to 51.58% in 2025, then dropped by 3 bps to 50.24% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 50.24% in Q2 2026, 49.07% in Q1 2026, and 51.58% in Q4 2025.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.24% |
| Mar 31, 2026 | 49.07% |
| Dec 31, 2025 | 51.58% |
| Sep 30, 2025 | 53.55% |
| Jun 30, 2025 | 52.79% |
| Mar 31, 2025 | 51.68% |
| Dec 31, 2024 | 43.04% |
| Sep 30, 2024 | 48.39% |
| Jun 30, 2024 | 49.18% |
| Mar 31, 2024 | 55.18% |
| Dec 31, 2023 | 51.97% |
| Sep 30, 2023 | 51.15% |
| Jun 30, 2023 | 44.89% |
| Mar 31, 2023 | 47.77% |
| Dec 31, 2022 | 51.31% |
| Sep 30, 2022 | 47.67% |
| Jun 30, 2022 | 44.14% |
| Mar 31, 2022 | 37.37% |
| Dec 31, 2021 | 30.96% |
| Sep 30, 2021 | 28.26% |