Ubiquiti (UI) Operating Expenses (2010 - 2026)

Ubiquiti (UI) reported Operating Expenses of $79.9 million for Q1 2026, up 15.76% on a YoY basis from $69.0 million in Q1 2025, and down 1.49% sequentially from $81.1 million in Q4 2025.

Ubiquiti (UI) Operating Expenses (2010 - 2026) Analysis & Trends

Ubiquiti (UI) has 17 years of Operating Expenses data on file, last reported at $79.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 15.76% year-over-year to $79.9 million; the trailing twelve-month figure through Mar 2026 stood at $318.0 million (up 19.72% YoY), and the FY2025 full-year result was $281.2 million, up 16.78% from the prior year.
  • Operating Expenses declined to $79.9 million in Q1 2026, from $81.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $81.3 million in Q2 2025 to a low of $49.4 million in Q3 2022.
  • A 5-year average of $63.8 million and a median of $62.4 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses advanced 2.88% in 2023 and advanced 23.65% in 2025, its largest moves.
  • Tracing UI's Operating Expenses over 5 years: stood at $52.4 million in 2022, then increased by 7.89% to $56.5 million in 2023, then grew by 21.0% to $68.4 million in 2024, then gained by 18.53% to $81.1 million in 2025, then slipped by 1.49% to $79.9 million in 2026.
  • Business Quant data shows UI's Operating Expenses at $79.9 million in Q1 2026, $81.1 million in Q4 2025, and $75.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cisco Systems 444.27 Bn 427.63 Bn 10.08 Bn 6.12 Bn
2 Motorola Solutions 68.42 Bn 67.56 Bn 1.36 Bn 691.00 Mn
3 Hewlett Packard Enterprise 63.57 Bn 58.72 Bn 9.10 Bn 8.83 Bn
4 Lumentum Holdings 59.61 Bn 56.43 Bn 357.00 Mn 182.50 Mn
5 Ciena 57.62 Bn 56.33 Bn 625.52 Mn 436.11 Mn
6 Nokia 52.70 Bn 45.22 Bn 9.86 Bn -992.30 Mn
7 Ubiquiti 32.00 Bn 31.63 Bn 370.71 Mn 79.89 Mn
8 AST SpaceMobile 17.20 Bn 17.78 Bn 3.67 Mn 164.15 Mn
9 Zebra Technologies 12.59 Bn 12.48 Bn 742.00 Mn 527.00 Mn
10 Viasat 10.14 Bn 8.46 Bn 615.36 Mn 295.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 79.89 Mn
Dec 31, 2025 81.10 Mn
Sep 30, 2025 75.69 Mn
Jun 30, 2025 81.33 Mn
Mar 31, 2025 69.01 Mn
Dec 31, 2024 68.42 Mn
Sep 30, 2024 62.41 Mn
Jun 30, 2024 65.77 Mn
Mar 31, 2024 62.88 Mn
Dec 31, 2023 56.55 Mn
Sep 30, 2023 55.57 Mn
Jun 30, 2023 59.45 Mn
Mar 31, 2023 54.95 Mn
Dec 31, 2022 52.41 Mn
Sep 30, 2022 49.36 Mn
Jun 30, 2022 57.07 Mn
Mar 31, 2022 53.41 Mn
Dec 31, 2021 49.31 Mn
Sep 30, 2021 47.77 Mn
Jun 30, 2021 47.92 Mn