---
schema_version: "secwatch.filing_event.v1"
accession: "0001511737-22-000032"
form_type: "8-K"
ticker: "UI"
cik: "0001511737"
company_name: "Ubiquiti Inc."
filed_at: "2022-05-06T23:59:59+00:00"
generated_at: "2026-06-25T22:57:51.736977+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ubiquiti Q3 FY2022 revenue $358M, down 23% YoY; GAAP EPS $0.82; new $200M buyback

## Summary
- Revenue $358.1M, down 23.4% YoY and 17% sequentially; Enterprise Tech $295M, Service Provider $63M.
- GAAP net income $50.4M ($0.82 diluted EPS) vs $146.1M ($2.32) a year ago; non-GAAP EPS $0.83.
- Gross margin fell to 32.4% from 47.7% YoY, driven by higher component, shipping and overhead costs.
- Board declared $0.60/share dividend payable May 23 to holders of record May 16.
- New $200M stock repurchase program authorized through Sept 30, 2023; Q3 saw 1,264,974 shares repurchased at avg $272.50.

## SEC filing metadata
- accession: 0001511737-22-000032
- form_type: 8-K
- ticker: UI
- cik: 0001511737
- company_name: Ubiquiti Inc.
- filed_at: 2022-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1511737/000151173722000032/0001511737-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1511737/000151173722000032/ui-20220503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001511737-22-000032
- JSON: https://secwatch.observer/filing/0001511737-22-000032.json
- Plain text: https://secwatch.observer/filing/0001511737-22-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.