Ubiquiti (UI) Operating Expenses (2010 - 2026)
Ubiquiti (UI) posted Operating Expenses of $79.9 million for Q1 2026, down 1.49% sequentially from $81.1 million in Q4 2025, and up 15.76% YoY from $69.0 million in Q1 2025.
Ubiquiti (UI) Operating Expenses (2010 - 2026) Analysis & Trends
Ubiquiti has reported Operating Expenses for 17 years, with the latest figure at $79.9 million in Q1 2026.
- Quarterly Operating Expenses rose 15.76% year-over-year to $79.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $318.0 million (up 19.72% YoY) and the FY2025 annual result came in at $281.2 million, up 16.78% from the prior year.
- Operating Expenses declined to $79.9 million in Q1 2026 per UI's latest filing, from $81.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $81.3 million in Q2 2025 and troughed at $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.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses grew 2.88% in 2023, then grew 23.65% in 2025.
- Over 5 years, Operating Expenses stood at $52.4 million in 2022, then advanced by 7.89% to $56.5 million in 2023, then gained by 21.0% to $68.4 million in 2024, then grew by 18.53% to $81.1 million in 2025, then fell by 1.49% to $79.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $79.9 million, $81.1 million, and $75.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn | 6.12 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 9.93 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 756.00 Mn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 182.50 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | -1.02 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 453.68 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 79.89 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | -1.95 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 329.10 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 17.63 Bn | 825.00 Mn | 504.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |