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| 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 |