uCloudlink Group Inc. (UCL) Gross Margin (2019 - 2026)
uCloudlink (UCL) posted Gross Margin of 49.07% for Q1 2026, down 4.87% sequentially from 51.58% in Q4 2025, and down 261.0% YoY from 30.48% in Q1 2025.
uCloudlink Group Inc. (UCL) Gross Margin (2019 - 2026) Analysis & Trends
uCloudlink has reported Gross Margin for 8 years, with the latest figure at 49.07% in Q1 2026.
- Quarterly Gross Margin fell 261.0% year-over-year to 49.07% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 51.87% (up 412.0% YoY) and the FY2025 annual result came in at 52.4%, up 399.0% from the prior year.
- Gross Margin fell to 49.07% in Q1 2026 per UCL's latest filing, from 51.58% in the prior quarter.
- Over five years, Gross Margin peaked at 55.18% in Q1 2024 and troughed at 37.37% in Q1 2022.
- A 5-year average of 48.87% and a median of 49.18% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 2034 bps in 2022, then sank 892 bps in 2024.
- Over 5 years, Gross Margin stood at 51.31% in 2022, then rose by 1 bps to 51.97% in 2023, then declined by 17 bps to 43.04% in 2024, then advanced by 20 bps to 51.58% in 2025, then dropped by 5 bps to 49.07% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 49.07%, 51.58%, and 53.55% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 28.08% |