UBIQUITI INC. filed this 10-K on 08/22/25
UBIQUITI INC. - 10-K - 20250822 - INCOME_STATEMENT
UBIQUITI INC.
Consolidated Statements of Operations
(In thousands, except per share amounts)
 
Year ended June 30,
202520242023
Revenues$2,573,545 $1,928,490 $1,940,512 
Cost of revenues1,456,094 1,188,728 1,179,781 
Gross profit1,117,451 739,762 760,731 
Operating expenses:
Research and development169,672 159,768 145,172 
Sales, general and administrative111,499 80,997 70,993 
Total operating expenses281,171 240,765 216,165 
Income from operations836,280 498,997 544,566 
Interest expense and other, net30,628 75,169 58,224 
Income before income taxes805,652 423,828 486,342 
Provision for income taxes93,730 73,868 78,701 
Net income$711,922 $349,960 $407,641 
Net income per share of common stock:
Basic$11.77 $5.79 $6.75 
Diluted$11.76 $5.79 $6.74 
Weighted average shares used in computing net income per share of common stock:
Basic60,480 60,454 60,435 
Diluted60,534 60,458 60,451