Ubiquiti Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 8, 2024
UI$685.94+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations and Comprehensive Income
(In thousands, except per share amounts)
| Three Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Revenues | $550,344 | $463,078 |
| Cost of revenues | 318,726 | 279,203 |
| Gross profit | 231,618 | 183,875 |
| Operating expenses: | ||
| Research and development | 37,997 | 36,283 |
| Sales, general and administrative | 24,415 | 19,290 |
| Total operating expenses | 62,412 | 55,573 |
| Income from operations | 169,206 | 128,302 |
| Interest expense and other, net | 10,578 | 21,224 |
| Income before income taxes | 158,628 | 107,078 |
| Provision for income taxes | 30,640 | 19,328 |
| Net income | $127,988 | $87,750 |
| Net income per share of common stock: | ||
| Basic | $2.12 | $1.45 |
| Diluted | $2.12 | $1.45 |
| Weighted average shares used in computing net income per share of common stock: | ||
| Basic | 60,469 | 60,447 |
| Diluted | 60,494 | 60,451 |
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