GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ubiquiti Inc (NYSE:UI) » Definitions » Gross Profit

Ubiquiti (Ubiquiti) Gross Profit

: $753 Mil (TTM As of Dec. 2023)
View and export this data going back to 2011. Start your Free Trial

Ubiquiti's gross profit for the three months ended in Dec. 2023 was $178 Mil. Ubiquiti's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $753 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ubiquiti's gross profit for the three months ended in Dec. 2023 was $178 Mil. Ubiquiti's Revenue for the three months ended in Dec. 2023 was $465 Mil. Therefore, Ubiquiti's Gross Margin % for the quarter that ended in Dec. 2023 was 38.21%.

Ubiquiti had a gross margin of 38.21% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ubiquiti was 48.74%. The lowest was 39.20%. And the median was 45.01%.

Warning Sign:

Ubiquiti Inc gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Ubiquiti Gross Profit Historical Data

The historical data trend for Ubiquiti's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ubiquiti Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 537.60 608.17 912.28 669.81 760.73

Ubiquiti Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 197.56 188.48 203.33 183.88 177.65

Competitive Comparison

For the Communication Equipment subindustry, Ubiquiti's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ubiquiti Gross Profit Distribution

For the Hardware industry and Technology sector, Ubiquiti's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ubiquiti's Gross Profit falls into.



Ubiquiti Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ubiquiti's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=1940.512 - 1179.781
=761

Ubiquiti's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=464.954 - 287.307
=178

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $753 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ubiquiti's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=178 / 464.954
=38.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Ubiquiti  (NYSE:UI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ubiquiti had a gross margin of 38.21% for the quarter that ended in Dec. 2023 => Competition eroding margins


Ubiquiti Gross Profit Related Terms

Thank you for viewing the detailed overview of Ubiquiti's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Ubiquiti (Ubiquiti) Business Description

Traded in Other Exchanges
N/A
Address
685 Third Avenue, 27th Floor, New York, NY, USA, 10017
Ubiquiti Inc is a wireless and wireline network equipment provider for small Internet service providers and small- and midsize-business integrators. Its product is based on two primary categories namely Service Provider Technology and Enterprise Technology. The company generates maximum revenue from Enterprise Technology. Geographically, it derives a majority of revenue from North America and also has a presence in Europe, the Middle East and Africa; Asia Pacific and South America.
Executives
Ronald Sege director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Brandon Arrindell director UBIQUITI INC., 685 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Benjamin Moore officer: VP Business Development 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Robert J Pera director, 10 percent owner, officer: Chief Executive Officer 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
Rafael Torres director 4359 RED MAPLE CT, SAN JOSE CA 95138
Michael E. Hurlston director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kevin Radigan officer: Chief Accounting Officer 685 THIRD AVE, 27TH FLOOR, NEW YORK NY 10017
Mark Spragg officer: Interim CAO 2580 ORCHARD PARKWAY, SAN JOSE CA 95131
John Sanford officer: Chief Technology Officer 91 E. TASMAN DRIVE, SAN JOSE CA 95134
Steven R Altman director
Peter Y Chung director C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Summit Partners Private Equity Fund Vii-a, L.p. 10 percent owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02110
Fitzgerald Charles James Jr director SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Summit Partners L P other: Manager of GP of 10% owner. 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Jessica Zhou officer: General Counsel & VP UBIQUITI NETWORKS, INC., 91 E. TASMAN DRIVE, SAN JOSE CA 95134

Ubiquiti (Ubiquiti) Headlines

From GuruFocus

Ubiquiti Inc (UI): A Value Investment or a Trap?

By GuruFocus Research 08-25-2023