uCloudlink (UCL) Gross Margin (2019 - 2026)

uCloudlink (UCL) reported Gross Margin of 49.07% for Q1 2026, down 261.0% on a YoY basis from 30.48% in Q1 2025, and down 4.87% sequentially from 51.58% in Q4 2025.

uCloudlink (UCL) Gross Margin (2019 - 2026) Analysis & Trends

uCloudlink (UCL) has 8 years of Gross Margin data on file, last reported at 49.07% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 261.0% year-over-year to 49.07%; the trailing twelve-month figure through Mar 2026 stood at 51.87% (up 412.0% YoY), and the FY2025 full-year result was 52.4%, up 399.0% from the prior year.
  • Gross Margin fell to 49.07% in Q1 2026, from 51.58% 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.
  • A 5-year average of 48.87% and a median of 49.18% in 2024 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 2034 bps in 2022 and tumbled 892 bps in 2024, its largest moves.
  • Tracing UCL's Gross Margin over 5 years: stood at 51.31% in 2022, then climbed by 1 bps to 51.97% in 2023, then decreased by 17 bps to 43.04% in 2024, then increased by 20 bps to 51.58% in 2025, then retreated by 5 bps to 49.07% in 2026.
  • Business Quant data shows UCL's Gross Margin at 49.07% in Q1 2026, 51.58% in Q4 2025, and 53.55% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 America Movil Sab De Cv 1,543.97 Bn 1,543.97 Bn 7.08 Bn 51.30%
2 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,427.96 Bn -8,564.04 Bn - -
3 Grupo Televisa, S.A.B 958.85 Bn 957.15 Bn 317.18 Mn 38.75%
4 Chunghwa Telecom 334.17 Bn 331.99 Bn 719.92 Mn 37.92%
5 Verizon Communications 198.41 Bn 190.05 Bn 29.14 Bn 84.60%
6 T-Mobile US 192.12 Bn 189.29 Bn 17.74 Bn 77.82%
7 At&T 169.04 Bn 151.47 Bn 25.25 Bn 80.02%
8 Veon 90.84 Bn 90.84 Bn - -
9 Tim 50.18 Bn 50.03 Bn 677.20 Mn 52.37%
10 uCloudlink 340.77 Mn 300.08 Mn 8.27 Mn 49.07%

Historic Data

Download Data
DateValue
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%