uCloudlink (UCL) Gross Margin (2019 - 2026)

uCloudlink has disclosed Gross Margin across 8 years of filings, most recently posting 49.07% for Q1 2026.

• Gross Margin for Q1 2026 came in at 49.07%, down 261.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 51.87% (up 412.0% YoY), and the FY2025 annual result was 52.4%, up 399.0% from the prior year.
• Gross Margin came in at 49.07% for Q1 2026 at uCloudlink, down 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.
• The 5-year median for Gross Margin is 49.18% (2024), against an average of 48.87%.
• Across the five-year window, Gross Margin surged 2034 bps in 2022 and sank 892 bps in 2024, its largest moves.
• uCloudlink's 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 decreased by 5 bps to 49.07% in 2026.
• The last three Gross Margin figures came in at 49.07% (Q1 2026), 51.58% (Q4 2025), and 53.55% (Q3 2025), per Business Quant data.