UTStarcom Holdings Corp. (UTSI) quarterly income statement — complete revenue, gross profit & net income history
UTStarcom Holdings Corp. (UTSI) annual income statement — 27-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | 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 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.69M | 1.69M | 2.17M | 2.32M | 2.32M | 2.58M | 2.58M | 2.86M | 2.86M | 4.62M | 4.62M | 3.26M | 3.26M | 3.28M | 3.28M | 7.49M | 3.75M | 7.23M | 3.61M | 8.69M |
| Revenue Growth % | -27.28% | -27.28% | -15.8% | -18.97% | -18.97% | -44.16% | -44.16% | -12.2% | -12.2% | 40.84% | 40.84% | -56.53% | -13.05% | -54.63% | -9.25% | -13.81% | -13.81% | -31.81% | -31.81% | -36.59% |
| Cost of Goods Sold | 1.91M | 1.91M | 2.02M | 1.94M | 1.94M | 1.98M | 1.98M | 2M | 2M | 3.33M | 3.33M | 2.35M | 2.35M | 2.61M | 2.61M | 6.17M | 3.08M | 10.49M | 5.24M | 6.51M |
| COGS % of Revenue | 113.59% | 113.59% | 93.09% | 83.79% | 83.79% | 76.91% | 76.91% | 70.01% | 70.01% | 72.19% | 72.19% | 72.04% | 72.04% | 79.57% | 79.57% | 82.29% | 82.29% | 145.15% | 144.99% | 74.95% |
| Gross Profit | -229K | -229K | 150K | 375.5K | 375.5K | 595.5K | 595.5K | 857.5K | 857.5K | 1.28M | 1.28M | 910.5K | 910.5K | 670K | 670K | 1.33M | 663.5K | -3.26M | -1.63M | 2.18M |
| Gross Margin % | -13.59% | -13.59% | 6.91% | 16.21% | 16.21% | 23.09% | 23.09% | 29.99% | 29.99% | 27.81% | 27.81% | 27.96% | 27.96% | 20.43% | 20.43% | 17.71% | 17.71% | -45.15% | -44.99% | 25.05% |
| Gross Profit Growth % | -160.99% | -160.99% | -74.81% | -56.21% | -56.21% | -53.64% | -53.64% | -5.82% | -5.82% | 91.72% | 91.72% | -31.39% | 37.23% | 120.53% | 141.21% | -39.04% | -39.04% | -456.72% | -455.41% | -16.72% |
| Operating Expenses | 2.78M | 2.78M | 2.35M | 2.45M | 2.45M | 2.46M | 2.46M | 2.66M | 2.66M | 2.72M | 2.66M | 1.93M | 1.93M | 2.61M | 2.61M | 4.13M | 1.27M | 2.84M | 1.2M | 1.3M |
| OpEx % of Revenue | 165.01% | 165.01% | 108.29% | 105.83% | 105.83% | 95.41% | 95.41% | 92.94% | 92.94% | 58.81% | 57.59% | 59.16% | 59.16% | 79.62% | 79.62% | 55.18% | 33.86% | 39.29% | 33.16% | 14.98% |
| Selling, General & Admin | 1.36M | 1.36M | 1.19M | 1.29M | 1.29M | 1.21M | 1.21M | 1.37M | 1.37M | 1.21M | 1.21M | 1.45M | 1.45M | 386K | 386K | 1.52M | 760K | -782K | 340.5K | -1.96M |
| SG&A % of Revenue | 80.62% | 80.62% | 54.88% | 55.68% | 55.68% | 46.75% | 46.75% | 47.91% | 47.91% | 26.26% | 26.26% | 44.4% | 44.4% | 11.77% | 11.77% | 20.29% | 20.29% | -10.82% | 9.42% | -22.56% |
| Research & Development | 1.42M | 1.42M | 1.16M | 1.16M | 1.16M | 1.25M | 1.25M | 1.29M | 1.29M | 1.5M | 1.5M | 1.44M | 1.44M | 1.07M | 1.07M | 2.61M | 1.31M | 3.62M | 1.81M | 3.26M |
| R&D % of Revenue | 84.39% | 84.39% | 53.41% | 50.15% | 50.15% | 48.65% | 48.65% | 45.03% | 45.03% | 32.55% | 32.55% | 44.12% | 44.12% | 32.74% | 32.74% | 34.89% | 34.89% | 50.1% | 50.12% | 37.54% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -3.01M | -3.01M | -2.2M | -2.08M | -2.08M | -1.87M | -1.87M | -1.8M | -1.8M | -1.43M | -1.43M | -1.97M | -1.97M | -790K | -790K | -2.81M | -1.4M | -6.1M | -3.1M | 875K |
| Operating Margin % | -178.61% | -178.61% | -101.38% | -89.62% | -89.62% | -72.32% | -72.32% | -62.95% | -62.95% | -31% | -31% | -60.56% | -60.56% | -24.09% | -24.09% | -37.47% | -37.47% | -84.44% | -85.68% | 10.07% |
| Operating Income Growth % | -44.93% | -44.93% | -18.04% | -15.36% | -15.36% | -30.27% | -30.27% | 8.75% | 8.75% | -81.27% | -81.27% | 29.73% | -40.54% | 87.06% | 74.49% | -420.8% | -420.8% | 56.26% | 55.61% | 109.42% |
| EBITDA | -2.67M | -2.37M | -1.88M | -1.76M | -1.76M | -1.52M | -1.52M | -1.44M | -1.44M | -1.38M | -1.38M | -1.91M | -1.91M | -740K | -740K | -2.7M | -1.35M | -5.97M | -3.03M | 1.11M |
| EBITDA Margin % | -158.19% | -140.56% | -86.63% | -75.96% | -75.96% | -59.1% | -59.1% | -50.43% | -50.43% | -29.77% | -29.77% | -58.78% | -58.78% | -22.56% | -22.56% | -36.05% | -36.05% | -82.61% | -83.84% | 12.82% |
| EBITDA Growth % | -51.45% | -34.57% | -23.42% | -22.05% | -22.05% | -10.87% | -10.87% | 24.68% | 24.68% | -85.81% | -85.81% | 29.12% | -41.76% | 87.61% | 75.58% | -342.46% | -342.46% | 56.34% | 55.68% | 112.38% |
| D&A (Non-Cash Add-back) | 344K | 641K | 320.5K | 316.5K | 316.5K | 341K | 341K | 358K | 358K | 57K | 57K | 58K | 58K | 50K | 50K | 106K | 53K | 132K | 66.5K | 239K |
| EBIT | -3.01M | -3.01M | -2.2M | -2.08M | -2.08M | -1.87M | -1.87M | -1.8M | -1.8M | -1.43M | -1.43M | -1.97M | -1.97M | -790K | -790K | -1.4M | -1.4M | -3.1M | -3.1M | 437.5K |
| Net Interest Income | 316K | 316K | 543K | 577.5K | 577.5K | 729.5K | 729.5K | 666K | 666K | 671K | 632K | 866K | 433K | 0 | 670.5K | 406.5K | 406.5K | 0 | 334K | 234K |
| Interest Income | 0 | 0 | 543K | 577.5K | 577.5K | 729.5K | 729.5K | 666K | 666K | 277K | 632K | 866K | 433K | 0 | 670.5K | 406.5K | 406.5K | 0 | 334K | 234K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 643K | 643K | 617.5K | 497K | 497K | 754K | 754K | 1.07M | 1.07M | 727K | 727K | 1.39M | 1.39M | -481K | -481K | 3.25M | 1.21M | 606.5K | 606.5K | 1.45M |
| Pretax Income | -2.37M | -2.37M | -1.58M | -1.58M | -1.58M | -1.11M | -1.11M | -731K | -731K | -705K | -705K | -583.5K | -583.5K | -1.27M | -1.27M | 443K | -198.5K | -4.91M | -2.49M | 2.32M |
| Pretax Margin % | -140.45% | -140.45% | -72.95% | -68.17% | -68.17% | -43.09% | -43.09% | -25.56% | -25.56% | -15.26% | -15.26% | -17.92% | -17.92% | -38.75% | -38.75% | 5.91% | -5.3% | -67.92% | -68.9% | 26.7% |
| Income Tax | 173K | 173K | 529.5K | 281.5K | 281.5K | 64.5K | 64.5K | 277K | 277K | 215K | 215K | 422K | 422K | 390K | 390K | 1.28M | 641.5K | 1.59M | 549.5K | 2.19M |
| Effective Tax Rate % | -7.31% | -7.31% | -33.42% | -17.82% | -17.82% | -5.8% | -5.8% | -37.89% | -37.89% | -30.5% | -30.5% | -72.32% | -72.32% | -30.68% | -30.68% | 289.62% | -323.17% | -32.42% | -22.06% | 94.57% |
| Net Income | -2.54M | -2.54M | -2.11M | -1.86M | -1.86M | -1.18M | -1.18M | -1.01M | -1.01M | -920K | -920K | -1.01M | -1.01M | -1.66M | -1.66M | -1.68M | -840K | -6.5M | -3.04M | 252K |
| Net Margin % | -150.71% | -150.71% | -97.33% | -80.32% | -80.32% | -45.59% | -45.59% | -35.25% | -35.25% | -19.92% | -19.92% | -30.87% | -30.87% | -50.64% | -50.64% | -22.42% | -22.42% | -89.94% | -84.11% | 2.9% |
| Net Income Growth % | -36.46% | -36.46% | -79.76% | -84.62% | -84.62% | -27.83% | -27.83% | -0.25% | -0.25% | 44.61% | 44.61% | 40.15% | -19.7% | 74.45% | 45.36% | -766.67% | -766.67% | 44.11% | 47.74% | 102.09% |
| Net Income (Continuing) | -2.54M | -2.54M | -2.11M | -1.86M | -1.86M | -1.18M | -1.18M | -1.01M | -1.01M | -920K | -920K | -1.01M | -1.01M | -1.66M | -1.66M | -840K | -840K | -3.04M | -3.04M | 126K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.28 | -0.28 | -0.23 | -0.20 | -0.20 | -0.13 | -0.13 | -0.11 | -0.11 | -0.10 | -0.10 | -0.11 | -0.11 | -0.18 | -0.18 | -0.19 | -0.09 | -0.72 | -0.34 | 0.03 |
| EPS Growth % | -40% | -38.02% | -76.92% | -81.82% | -81.82% | -30% | -30% | 0% | 0% | 44.44% | 44.44% | 42.11% | -18.53% | 75% | 47.06% | -778.57% | -762.86% | 44.19% | 47.69% | 102.07% |
| EPS (Basic) | -0.28 | -0.28 | -0.23 | -0.20 | -0.20 | -0.13 | -0.13 | -0.11 | -0.11 | -0.10 | -0.10 | -0.11 | -0.11 | -0.18 | -0.18 | -0.19 | -0.09 | -0.72 | -0.34 | 0.03 |
| Diluted Shares Outstanding | 9.2M | 9.2M | 9.23M | 9.15M | 9.15M | 9.16M | 9.16M | 9.14M | 9.14M | 9.13M | 9.13M | 9.1M | 9.1M | 9.06M | 9.06M | 9.05M | 9.05M | 9.05M | 9.01M | 9M |
| Basic Shares Outstanding | 9.2M | 9.2M | 9.13M | 9.15M | 9.15M | 9.07M | 9.07M | 9.14M | 9.14M | 9.13M | 9.13M | 9.1M | 9.1M | 9.06M | 9.06M | 9.05M | 9.05M | 9.05M | 8.97M | 9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |