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| 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% |