Ubiquiti Inc.
For the period ended Jun 30, 2026. Filed Aug 21, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Aug 21, 2026
UI$685.94+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(In thousands)
| Years Ended June 30, | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| Cash Flows from Operating Activities: | |||
| Net income | $960,303 | $711,922 | $349,960 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 18,944 | 21,901 | 19,251 |
| Amortization of debt issuance costs | 1,016 | 2,022 | 1,725 |
| Provision for excess and obsolete inventory | 4,104 | 6,657 | 23,905 |
| Provision for loss on vendor deposits | 4,482 | 11,088 | 20,019 |
| Share-based compensation | 7,444 | 7,208 | 6,358 |
| Deferred taxes, net | (35,878) | (72,192) | (11,967) |
| Provision for bad debt | 169 | 11,458 | (574) |
| Other, net | 1,626 | (685) | 745 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (57,241) | (86,927) | (1,765) |
| Inventories | (109,498) | (219,867) | 250,665 |
| Vendor deposits | (29,468) | 64,164 | (18,253) |
| Prepaid expenses and other assets | (12,950) | (16,344) | (17,564) |
| Accounts payable | 266,687 | 113,550 | (103,086) |
| Income taxes payable | (30,675) | (10,812) | (17,115) |
| Deferred revenues | 34,214 | 30,122 | 6,595 |
| Accrued and other liabilities | (94,597) | 66,762 | 32,617 |
| Net cash provided by (used in) operating activities | 928,682 | 640,027 | 541,516 |
| Cash Flows from Investing Activities: | |||
| Purchase of property and equipment and other long-term assets | (19,738) | (12,586) | (11,975) |
| Purchase of investments | (89,387) | — | — |
| Proceeds from maturities of investments | 53 | — | — |
| Net cash used in investing activities | (109,072) | (12,586) | (11,975) |
| Cash Flows from Financing Activities: | |||
| Proceeds from borrowing under the credit facility- Revolver | — | 30,000 | — |
| Repayment against credit facility- Revolver | — | (205,000) | (215,000) |
| Repayment against credit facility- Term | (250,000) | (283,125) | (157,500) |
| Debt issuance costs | (1,001) | — | — |
| Payment of common stock cash dividends | (193,634) | (145,153) | (145,091) |
| Tax withholdings related to net share settlements of restricted stock units | (2,123) | (778) | (434) |
| Net cash (used in) provided by financing activities | (446,758) | (604,056) | (518,025) |
| Net increase (decrease) in cash and cash equivalents | 372,852 | 23,385 | 11,516 |
| Cash and cash equivalents at beginning of period | 149,727 | 126,342 | 114,826 |
| Cash and cash equivalents at end of period | $522,579 | $149,727 | $126,342 |
| Supplemental Disclosure of Cash Flow Information: | |||
| Income taxes paid, net of refunds | $289,971 | $177,237 | $108,572 |
| Interest paid | $5,078 | $31,048 | $75,094 |
| Non-Cash Investing and Financing Activities: | |||
| Right-of-use asset recognized | $46,450 | $10,565 | $4,393 |
| Unpaid property and equipment and other long-term assets | $2,190 | $1,448 | $1,300 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.