---
schema_version: "secwatch.filing_event.v1"
accession: "0001511737-23-000039"
form_type: "8-K"
ticker: "UI"
cik: "0001511737"
company_name: "Ubiquiti Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:35:44.492165+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Ubiquiti Q3 FY2023: Revenue $457.8M (+28% YoY), GAAP EPS $1.63 (+99% YoY)

## Summary
- Revenue $457.8M, up 27.8% YoY; GAAP diluted EPS $1.63 vs $0.82 YoY.
- Gross margin 41.2%, up from 32.4% YoY, driven by lower shipping costs.
- Enterprise Technology revenue $373.6M (+26.6% YoY); Service Provider $84.2M (+33.6% YoY).
- Board declared $0.60/share cash dividend, payable May 22, 2023 to holders of record May 15.
- Supply constraints persist; inventory buildup increases risk of obsolescence losses.

## SEC filing metadata
- accession: 0001511737-23-000039
- form_type: 8-K
- ticker: UI
- cik: 0001511737
- company_name: Ubiquiti Inc.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1511737/000151173723000039/0001511737-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1511737/000151173723000039/ui-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001511737-23-000039
- JSON: https://secwatch.observer/filing/0001511737-23-000039.json
- Plain text: https://secwatch.observer/filing/0001511737-23-000039.txt

## Key facts
- Earnings Releases
  Ubiquiti Inc. reported the fiscal quarter ended March 31, 2023 results: revenue $457.8 million, net income $98.6 million, EPS $1.63.
  - Period: the fiscal quarter ended March 31, 2023
  - Revenue: $457.8 million
  - Net income: $98.6 million
  - EPS: $1.63
  - Result: reported results
  source text: by reference, except as otherwise expressly stated in such filing. --- EX-99.1 (EX-99.1) --- UBIQUITI INC. REPORTS THIRD QUARTER FISCAL 2023 FINANCIAL RESULTS ~ Revenues of $457.8 million ~ ~ GAAP Diluted Earnings Per Share of $1.63 ~ New York, NY - May 5, 2023 - Ubiquiti Inc. (NYSE: UI) ("Ubiquiti" or the "Company") today announced its financial results for the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1511737/000151173723000039/0001511737-23-000039-index.htm

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