Ubiquiti (UI) Operating Expenses (2010 - 2026)
Ubiquiti (UI) reported Operating Expenses of $89.26 million for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 9.7% from $81.33 million a year earlier and up 11.7% from the prior quarter.
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Analysis
Ubiquiti (UI) Operating Expenses (2010 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Ubiquiti posted Operating Expenses of $325.93 million, up 15.9% from FY2025.
- Operating Expenses has increased for six consecutive fiscal years, with a five-year compound annual growth rate of 13.9% (FY2021 to FY2026).
- By fiscal year, Operating Expenses came in at $281.17 million in FY2025 (+16.8%), $240.77 million in FY2024 (+11.4%), $216.17 million in FY2023 (+4.2%) and $207.55 million in FY2022 (+22.3%).
- The fiscal Q4 2026 figure ranks as the highest quarterly Operating Expenses in data going back to fiscal Q1 2011.
- Year over year, Operating Expenses has now increased in each of the last 26 quarters, with growth averaging 16.5% over the last eight quarters.
- Across the past five years, year-over-year growth in Operating Expenses ran from 2.9% in fiscal Q3 2023 to 25.2% in fiscal Q1 2022.
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $79.89 million (Q3 2026), $81.1 million (Q2 2026) and $75.69 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 19.08 Bn |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 6.80 Bn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 4.45 Bn |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 532.30 Mn |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 545.00 Mn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 2.07 Bn |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 465.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 14.83 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 10.82 Bn |
| 10 | Ubiquiti | 33.56 Bn | 32.10 Bn | 429.25 Mn | 89.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 89.26 Mn |
| 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 |
API Access
Ubiquiti Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=UI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "UI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=UI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();