Japan was uCloudlink’s largest region in fiscal 2025, bringing in $30.78M of $81.45M (38%).
| Geography | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Japan | $28.09M | $37.12M | $43.41M | $30.78M | ||||
| Mainland China | $1.88M | $11.16M | $22.02M | $25.66M | ||||
| China | — | — | — | — | ||||
| North America | $27.18M | $24.07M | $12.67M | $11.11M | ||||
| Hong Kong Sar | $4.17M | $1.66M | $2.05M | $4.36M | ||||
| Hong Kong | — | — | — | — | ||||
| Southeast Asia | $4.91M | $4.61M | $4.46M | $4.25M | ||||
| Europe | $3.36M | $4.21M | $4.15M | $3.74M | ||||
| Taiwan | $604.00K | $868.00K | $1.58M | $759.00K | ||||
| Others | $1.26M | $1.88M | $1.29M | $791.00K | ||||
| Total | $71.46M | $85.58M | $91.64M | $81.45M |
uCloudlink brought in $81.45M from its eight regions in fiscal 2025, the year ended December 31, 2025. That was down 11.1% from $91.64M in fiscal 2024. Japan was the largest at $30.78M (37.8%), ahead of Mainland China at $25.66M (31.5%) and North America at $11.11M (13.6%). The other five regions brought in $13.90M combined.
Compared with fiscal 2024, Hong Kong Sar grew fastest, up 112.6% to $4.36M, while Japan fell the most, down 29.1% to $30.78M. From fiscal 2022 to 2025, combined revenue from these regions grew from $71.46M to $81.45M, a compound annual growth rate of 4.5%. Japan's share of the total fell from 39.3% to 37.8%.
Revenues From Services was uCloudlink’s largest product and service line in fiscal 2025, bringing in $61.06M of $81.45M (75%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenues From Services | — | $58.57M | $60.00M | $61.06M | ||||
| International Data Connectivity Services | $28.09M | — | — | — | ||||
| Terminals | — | — | — | — | ||||
| Sales Of Terminals | $21.75M | — | — | — | ||||
| Sales Of Products | — | $27.01M | $31.63M | $20.39M | ||||
| Data Related Products | — | — | — | — | ||||
| Paas & Saas Services | $9.82M | — | — | — | ||||
| Sales Of Data Related Products | $3.23M | — | — | — | ||||
| Local Data Connectivity Services | $7.40M | — | — | — | ||||
| Other One | $255.00K | — | — | — | ||||
| Others | $926.00K | — | — | — | ||||
| Total | $71.46M | $85.58M | $91.64M | $81.45M |
uCloudlink brought in $81.45M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 11.1% from $91.64M in fiscal 2024. Revenues From Services was the largest at $61.06M (75.0%), ahead of Sales Of Products at $20.39M (25.0%).
Compared with fiscal 2024, Revenues From Services grew 1.8% to $61.06M, while Sales Of Products fell 35.5% to $20.39M.
uCloudlink began breaking out Revenues From Services in fiscal 2023 and Sales Of Products in fiscal 2023. uCloudlink stopped reporting International Data Connectivity Services ($28.09M in fiscal 2022), Sales Of Terminals ($21.75M in fiscal 2022), Paas & Saas Services ($9.82M in fiscal 2022) and four others as separate lines.
Sales Of Products was uCloudlink’s largest segment in fiscal 2020, bringing in $32.60M of $63.40M (51%).
| Segment | FY 2018 | FY 2019 | FY 2020 |
|---|---|---|---|
| Revenues From Services | $82.03M | $77.97M | $30.80M |
| Sales Of Products | — | — | $32.60M |
| Sale Of Products | $25.60M | $54.88M | — |
| Total | $107.63M | $132.85M | $63.40M |
uCloudlink brought in $63.40M from its two segments in fiscal 2020, the year ended December 31, 2020. uCloudlink regrouped these segments after fiscal 2019, so the total does not compare directly with that year's $132.85M. Sales Of Products was the largest at $32.60M (51.4%), ahead of Revenues From Services at $30.80M (48.6%).
uCloudlink began breaking out Sales Of Products in fiscal 2020, when it brought in $32.60M. uCloudlink stopped reporting Sale Of Products as a separate segment after fiscal 2019, when it brought in $54.88M.
uCloudlink (UCL) reports its revenue by geography, by product and service and by segment. In fiscal 2025, Japan was its largest region, bringing in $30.78M (37.8% of the total), followed by Mainland China at $25.66M (31.5%).
Japan was uCloudlink's largest region in fiscal 2025, bringing in $30.78M, or 37.8% of the $81.45M total across its eight regions.
Revenues From Services was uCloudlink's largest product and service line in fiscal 2025, bringing in $61.06M, or 75.0% of the $81.45M total across its two product and service lines.
Sales Of Products was uCloudlink's largest segment in fiscal 2020, bringing in $32.60M, or 51.4% of the $63.40M total across its two segments.
Among uCloudlink's regions that make up at least 2% of revenue, Hong Kong Sar grew fastest in fiscal 2025, up 112.6% from $2.05M to $4.36M.
Every figure comes from uCloudlink's annual financial filings, as reported. Each line keeps the name uCloudlink gives it, and years follow its fiscal calendar.
uCloudlink's revenue by geography goes back to fiscal 2018, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.