← Ubiquiti Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $213.6m |
$257.5m
+20.55%
|
$196.3m
-23.77%
|
$322.7m
+64.40%
|
$380.3m
+17.85%
|
$616.6m
+62.13%
|
$378.7m
-38.59%
|
$407.6m
+7.65%
|
$350.0m
-14.15%
|
$711.9m
+103.43%
|
— | |
| Depreciation, Depletion and Amortization | $6.3m | $7.4m | $7.3m | $7.6m | $7.7m | $12.1m | $13.7m | $16.3m | $19.3m | $21.9m | $18.5m | |
| Amortization of Debt Issuance Costs | $257k | $256k | $751k | $1.1m | $1.8m | $1.8m | $1.3m | $1.4m | $1.7m | $2.0m | — | |
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | — | $1.6m | — | |
| Depreciation | $5.7m | $6.8m | $7.2m | $7.5m | $7.6m | $11.2m | $12.1m | $16.3m | $19.3m | $21.9m | $18.5m | |
| Deferred Income Tax Expense (Benefit) | ($1.1m) | ($938k) | $2.0m | $262k | ($1.2m) | ($674k) | ($1.8m) | ($16.9m) | ($12.0m) | ($72.2m) | ($72.0m) | |
| Deferred Other Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | ($53.7m) | — | |
| Share-based Payment Arrangement, Noncash Expense | $3.7m | $2.8m | $3.2m | $2.9m | $2.9m | $3.0m | $3.5m | $4.7m | $6.4m | $7.2m | $7.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | $1.5m | $1.1m | $998k | $1.2m | $686k | $434k | $778k | — | |
| Share-based Payment Arrangement, Expense | $3.7m | $2.8m | $3.2m | $2.9m | $2.9m | $3.0m | $3.5m | $4.7m | $6.4m | $7.2m | $7.3m | |
| Other Nonoperating Income (Expense) | ($2.1m) | ($4.7m) | ($12.0m) | ($12.8m) | ($28.0m) | ($14.9m) | ($17.8m) | ($58.2m) | ($75.2m) | ($30.6m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $16.7m | $58.2m | $34.0m | ($18.7m) | ($13.9m) | $30.1m | ($52.7m) | $48.2m | $1.8m | $86.9m | ($29.5m) | |
| Increase (Decrease) in Inventories | $20.0m | $87.0m | ($36.0m) | $163.7m | $28.1m | ($52.9m) | $29.6m | $487.9m | ($250.7m) | $219.9m | ($69.0m) | |
| Inventory Write-down | $747k | $2.5m | $2.3m | $1.6m | $6.6m | ($249k) | $2.4m | $13.4m | $23.9m | $6.7m | — | |
| Increase (Decrease) in Accounts Payable | $7.7m | ($2.6m) | ($34.6m) | $24.3m | $116.9m | ($43.3m) | ($28.7m) | $69.7m | ($103.1m) | $113.5m | $38.1m | |
| Net Cash Provided by (Used in) Operating Activities | $197.5m |
$112.0m
-43.28%
|
$332.0m
+196.38%
|
$259.3m
-21.92%
|
$460.3m
+77.54%
|
$612.0m
+32.97%
|
$370.3m
-39.50%
|
($145.4m)
-139.28%
|
$541.5m
+472.36%
|
$640.0m
+18.19%
|
$760.5m
+18.82%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $6.2m | $7.2m | $9.1m | $9.7m | $30.6m | $18.3m | $13.5m | $20.9m | $12.0m | $12.6m | ($19.5m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | $30k | $372k | — | $30k | — | — | — | — | |
| Payments to Acquire Investments | — | — | — | $220.1m | $27.5m | $1.9m | $1.5m | $0 | $0 | — | $0 | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | — | — | $15.8m | $922k | $1.3m | $0 | $0 | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($6.2m) | ($7.2m) | ($9.1m) | ($157.6m) | $69.6m | ($19.3m) | ($11.2m) | ($20.9m) | ($12.0m) | ($12.6m) | ($19.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $10.0m | $11.2m | — | — | — | — | — | — | — | — | ($388.8m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | — | — | — | — | — | — | — | — | $0 | |
| Payments for Repurchase of Common Stock | — | — | $445.0m | $468.2m | $700.1m | $219.8m | $618.1m | $0 | $0 | — | — | |
| Dividends paid | $0 | $0 | — | $71.4m | $78.7m | $100.8m | $148.1m | $145.0m | $145.1m | $145.2m | ($181.5m) | |
| Net Cash Provided by (Used in) Financing Activities | ($86.6m) |
($51.6m)
+40.39%
|
($260.4m)
-404.38%
|
($530.2m)
-103.58%
|
($625.4m)
-17.95%
|
($486.0m)
+22.30%
|
($472.3m)
+2.82%
|
$145.0m
+130.69%
|
($518.0m)
-457.35%
|
($604.1m)
-16.61%
|
($523.3m)
+13.37%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $104.6m | $53.2m | $62.5m | ($428.5m) | ($95.5m) | $106.8m | ($113.2m) | ($21.4m) | $11.5m | $23.4m | $368.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $238.1m | $142.6m | $249.4m | $136.2m | $114.8m | $126.3m | $149.7m | $368.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $2.4m | $5.2m | $11.4m | $23.3m | $21.8m | $11.8m | $11.6m | $53.9m | $75.1m | $31.0m | — | |
| Income Taxes Paid, Net | $18.5m | $25.7m | $9.6m | $41.7m | $74.9m | $139.6m | $78.2m | $109.7m | $108.6m | $177.2m | — | |
| Additional Financial Items | ||||||||||||
| Income Tax Expense (Benefit) | $26.3m | $27.5m | $117.9m | $58.8m | $69.9m | $111.1m | $65.8m | $78.7m | $73.9m | $93.7m | — | |
| Investment Income, Interest | — | — | — | $2.7m | $1.0m | — | — | — | — | — | — | |
| Operating Expenses | $82.7m | $105.9m | $117.4m | $143.3m | $130.0m | $169.7m | $207.5m | $216.2m | $240.8m | $281.2m | — | |
| Proceeds from Stock Options Exercised | $1.1m | $1.4m | $1.5m | $831k | $179k | $125k | $98k | $23k | $0 | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.