Ubiquiti Inc. (UI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.4B | 1.29B | 1.2B | 1.17B | 1.08B | 961.66M | 926.5M | 916.01M | 1B | 1.11B | 1.15B | 1.17B | 1.15B | 1.04B | 711.56M | 621.57M | 543.27M | 672.36M | 780.33M | 694.16M |
| Cash & Short-Term Investments | 368.66M | 302.82M | 177.19M | 149.73M | 150.97M | 133.09M | 165.18M | 126.34M | 102.5M | 97.66M | 108.57M | 114.94M | 152.64M | 159.67M | 136.9M | 136.65M | 146.56M | 214.37M | 267M | 250.74M |
| Cash Only | 368.66M | 302.82M | 177.19M | 149.73M | 150.97M | 133.09M | 165.18M | 126.34M | 102.49M | 97.6M | 108.53M | 114.83M | 152.52M | 159.5M | 136.52M | 136.22M | 144.31M | 212.18M | 265.93M | 249.42M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8K | 61K | 41K | 109K | 121K | 162K | 378K | 427K | 2.25M | 2.19M | 1.07M | 1.32M |
| Accounts Receivable | 256.38M | 224.51M | 255.16M | 244.62M | 229.6M | 174.39M | 174.5M | 169.15M | 187.56M | 171.42M | 168.66M | 167.79M | 146.36M | 151.94M | 147.57M | 119.63M | 87.48M | 125.46M | 173.93M | 172.29M |
| Days Sales Outstanding | 27.45 | 27.08 | 31.33 | 28.42 | 27.37 | 26.75 | 28.72 | 31.98 | 33.13 | 33.65 | 33.42 | 29.11 | 29.32 | 27.91 | 24.68 | 21.26 | 26.76 | 31.91 | 34.7 | 34.24 |
| Inventory | 654.01M | 674.7M | 680.71M | 723.31M | 590.48M | 537.34M | 446.18M | 462.03M | 533.53M | 683.59M | 706.51M | 737.12M | 743.4M | 644.13M | 354.66M | 262.44M | 241.13M | 276.01M | 261.59M | 233.77M |
| Days Inventory Outstanding | 143.22 | 141.42 | 162.94 | 143.55 | 137.8 | 128.29 | 131.08 | 149.34 | 173.66 | 222.57 | 237.84 | 234.1 | 231.86 | 155.21 | 86.89 | 83.77 | 96.14 | 96.27 | 91.35 | 84.45 |
| Other Current Assets | 45.07M | 40.64M | 37.69M | 48.23M | 40.29M | 36.03M | 43.22M | 35.03M | 27.06M | 18.57M | 21.96M | 21.97M | 20.67M | 20.92M | 14.07M | 13.19M | 11.98M | 14.6M | 35.38M | 17.35M |
| Total Non-Current Assets | 311.94M | 315.3M | 289.96M | 293.23M | 215.97M | 222.06M | 231.42M | 238.4M | 222.97M | 229.18M | 234.45M | 239.35M | 222.81M | 224M | 225.68M | 223.14M | 216.42M | 218.49M | 218.32M | 196.83M |
| Property, Plant & Equipment | 136.72M | 139.4M | 114.75M | 118.15M | 112.6M | 117.94M | 122.33M | 128.89M | 130.6M | 135.44M | 140.13M | 144.33M | 144.68M | 145.3M | 146.8M | 144.46M | 141.37M | 142.24M | 141.26M | 119.07M |
| Fixed Asset Turnover | 5.71x | 6.41x | 6.30x | 6.58x | 5.76x | 4.99x | 4.38x | 3.91x | 3.71x | 3.37x | 3.26x | 3.40x | 3.16x | 3.38x | 3.42x | 3.10x | 2.53x | 3.04x | 3.53x | 4.02x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.8M | 1.85M | 2.24M | 2.63M | 3.02M | 3.4M | 3.77M | 4.16M | 4.55M | 4.95M | 5.34M | 5.7M | 6.08M | 6.47M | 6.86M | 7.23M | 7.62M | 8.01M | 8.32M | 8.68M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 600K | 1.09M | 1.29M | 1.03M |
| Other Non-Current Assets | 65.51M | 66.12M | 65.02M | 64.48M | 64.48M | 64.73M | 69.49M | 69.41M | 64.8M | 65.34M | 65.4M | 65.63M | 65.55M | 65.74M | 65.53M | 64.83M | 62.16M | 62.6M | 62.7M | 63.26M |
| Total Assets | 1.72B | 1.61B | 1.49B | 1.47B | 1.3B | 1.18B | 1.16B | 1.15B | 1.22B | 1.33B | 1.39B | 1.41B | 1.38B | 1.27B | 937.24M | 844.71M | 759.69M | 890.85M | 998.66M | 890.99M |
| Asset Turnover | 0.47x | 0.53x | 0.50x | 0.55x | 0.54x | 0.51x | 0.48x | 0.43x | 0.39x | 0.34x | 0.33x | 0.35x | 0.35x | 0.45x | 0.56x | 0.55x | 0.43x | 0.46x | 0.49x | 0.54x |
| Asset Growth % | 32.14% | 35.86% | 28.7% | 27.03% | 6.09% | -11.33% | -16.58% | -17.92% | -11.01% | 5.22% | 48.11% | 66.49% | 81.02% | 42.41% | -6.15% | -5.19% | -14.93% | 14.04% | 32.82% | 20.82% |
| Total Current Liabilities | 394.1M | 475.52M | 573.1M | 710.86M | 778.52M | 432.29M | 364.09M | 284.79M | 253.53M | 287.79M | 338.12M | 351.82M | 362.38M | 514.6M | 361.49M | 310.95M | 241.34M | 253.63M | 322.93M | 276.41M |
| Accounts Payable | 168.19M | 249.82M | 243.39M | 164.79M | 129.62M | 122M | 52.6M | 51.09M | 65.31M | 92.3M | 124.22M | 154.16M | 159.07M | 244.69M | 93.99M | 83.66M | 102.29M | 106.68M | 124.64M | 112.07M |
| Days Payables Outstanding | 45.06 | 51.46 | 47.37 | 32.17 | 30.74 | 22.78 | 14.97 | 17.46 | 22.49 | 34.67 | 45.86 | 49.53 | 67.47 | 52.63 | 25.01 | 30.93 | 38.85 | 41.43 | 43.65 | 32.38 |
| Short-Term Debt | 0 | 47.36M | 133.46M | 249.56M | 339.41M | 24.41M | 24.41M | 36.51M | 36.51M | 36.51M | 36.51M | 36.51M | 24.41M | 24.41M | 24.41M | 23.86M | 23.86M | 23.86M | 23.86M | 23.86M |
| Deferred Revenue (Current) | 54.74M | 48.22M | 41.08M | 35.97M | 31.59M | 27.95M | 23.61M | 21.61M | 20.47M | 20.83M | 20.01M | 19.12M | 17.91M | 20.01M | 20.76M | 21.82M | 23.03M | 23.22M | 24.48M | 24.31M |
| Other Current Liabilities | 112.57M | 69.99M | 78.07M | 198.32M | 189.42M | 149.58M | 150.9M | 95.74M | 74.59M | 81.98M | 71.19M | 77.94M | 119.16M | 175.49M | 134.3M | 103.81M | 32.61M | 42.32M | 71.3M | 67.88M |
| Current Ratio | 3.56x | 2.72x | 2.09x | 1.65x | 1.39x | 2.22x | 2.54x | 3.22x | 3.95x | 3.84x | 3.41x | 3.32x | 3.18x | 2.03x | 1.97x | 2.00x | 2.25x | 2.65x | 2.42x | 2.51x |
| Quick Ratio | 1.90x | 1.30x | 0.91x | 0.63x | 0.63x | 0.98x | 1.32x | 1.59x | 1.84x | 1.47x | 1.32x | 1.22x | 1.13x | 0.78x | 0.99x | 1.15x | 1.25x | 1.56x | 1.61x | 1.67x |
| Cash Conversion Cycle | 125.62 | 117.04 | 146.9 | 139.8 | 134.43 | 132.27 | 144.83 | 163.86 | 184.3 | 221.54 | 225.4 | 213.68 | 193.71 | 130.5 | 86.55 | 74.1 | 84.05 | 86.76 | 82.4 | 86.31 |
| Total Non-Current Liabilities | 119.18M | 117.11M | 88.73M | 87.34M | 83.63M | 460.98M | 605.68M | 774.56M | 944.38M | 1.06B | 1.11B | 1.17B | 1.2B | 1B | 901.22M | 916.64M | 853.34M | 641.41M | 617.75M | 611.87M |
| Long-Term Debt | 0 | 57.71M | 33.69M | 0 | 0 | 381.1M | 527.21M | 669.88M | 839M | 958.13M | 1.01B | 1.04B | 1.06B | 869.92M | 766.02M | 762.62M | 698.73M | 484.83M | 460.93M | 467.03M |
| Capital Lease Obligations | 55.97M | 57.71M | 33.69M | 35.46M | 31.5M | 32.72M | 35.17M | 37.18M | 37.49M | 39.66M | 44.01M | 46.05M | 48.58M | 49.07M | 51.65M | 54.02M | 51.15M | 52.93M | 53.27M | 32.26M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 334K | 0 | 0 | 492K | 492K | 226K | 226K | 226K | 226K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 27.04M | -31.17M | -7.66M | 25.53M | 29.99M | 28.36M | 26.95M | 53.6M | 56.53M | 55.09M | 53.66M | 74.88M | 77.78M | 76.83M | 77.55M | 94.17M | 97.48M | 96.8M | 95.91M | 104.02M |
| Total Liabilities | 513.28M | 592.63M | 661.83M | 798.19M | 862.15M | 893.27M | 969.78M | 1.06B | 1.2B | 1.35B | 1.45B | 1.52B | 1.56B | 1.52B | 1.26B | 1.23B | 1.09B | 895.03M | 940.68M | 888.29M |
| Total Debt | 66.88M | 174.1M | 211.87M | 297.42M | 383.71M | 451.26M | 599.98M | 757.29M | 927.01M | 1.05B | 1.1B | 1.14B | 1.15B | 956.16M | 854.77M | 853.26M | 785.49M | 573.35M | 548.46M | 532.3M |
| Net Debt | -301.77M | -128.71M | 34.68M | 147.69M | 232.74M | 318.18M | 434.81M | 630.94M | 824.52M | 951.11M | 993.53M | 1.02B | 998.13M | 796.65M | 718.25M | 717.03M | 641.18M | 361.17M | 282.53M | 282.88M |
| Debt / Equity | 0.06x | 0.17x | 0.26x | 0.45x | 0.88x | 1.55x | 3.19x | 7.97x | 35.83x | - | - | - | - | - | - | - | - | - | 9.46x | 197.22x |
| Debt / EBITDA | 0.23x | 0.59x | 0.79x | 1.12x | 1.64x | 2.46x | 3.42x | 5.30x | 7.97x | 8.35x | 8.26x | 7.69x | 8.33x | 6.41x | 6.80x | 7.35x | 11.87x | 4.46x | 3.33x | 2.85x |
| Net Debt / EBITDA | -1.04x | -0.43x | 0.13x | 0.56x | 1.00x | 1.73x | 2.48x | 4.42x | 7.09x | 7.57x | 7.45x | 6.92x | 7.23x | 5.34x | 5.71x | 6.17x | 9.69x | 2.81x | 1.71x | 1.52x |
| Interest Coverage | 439.97x | 184.33x | 82.25x | 81.92x | 41.86x | 15.63x | 16.00x | 8.23x | 5.89x | 6.63x | 6.05x | 7.27x | 8.09x | 12.88x | 11.46x | 14.02x | 19.25x | 46.15x | 42.38x | 72.61x |
| Total Equity | 1.2B | 1.02B | 828.44M | 668.26M | 436.11M | 290.44M | 188.14M | 95.06M | 25.87M | -15.72M | -63.06M | -115.73M | -184.47M | -247.95M | -325.47M | -382.88M | -335M | -4.19M | 57.97M | 2.7M |
| Equity Growth % | 175.66% | 249.66% | 340.34% | 602.99% | 1585.59% | 1947.38% | 398.33% | 182.14% | 114.03% | 93.66% | 80.62% | 69.77% | 44.93% | -5821.9% | -661.43% | -14285.85% | -456.39% | 97.7% | 122.14% | 100.91% |
| Book Value per Share | 19.85 | 16.77 | 13.68 | 11.04 | 7.20 | 4.80 | 3.11 | 1.57 | 0.43 | -0.26 | -1.04 | -1.91 | -3.05 | -4.10 | -5.38 | -6.33 | -5.45 | -0.07 | 0.93 | 0.04 |
| Total Shareholders' Equity | 1.2B | 1.02B | 828.44M | 668.26M | 436.11M | 290.44M | 188.14M | 95.06M | 25.87M | -15.72M | -63.06M | -115.73M | -184.47M | -247.95M | -325.47M | -382.88M | -335M | -4.19M | 57.97M | 2.7M |
| Common Stock | 61K | 61K | 61K | 61K | 61K | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 61K | 62K | 62K | 63K |
| Retained Earnings | 1.18B | 995.81M | 810.6M | 651.12M | 420.71M | 276.57M | 176.06M | 84.36M | 16.83M | -23.18M | -69.03M | -120.51M | -187.93M | -250.24M | -326.19M | -383.11M | -334.63M | -4.34M | 57.91M | 2.63M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -523K | -474K | -432K | 7K | 0 | 1K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |