Ubiquiti reports record Q2 FY25 revenue of $599.9M, EPS $2.26; declares $0.60 dividend

Ubiquiti Inc.

2025-Q2 EPS reported $4.38 vs consensus $2.30 ▲ beat (+90.7%)

Revenue $599.9M, up 29% YoY; GAAP diluted EPS $2.26, non-GAAP $2.28.
Enterprise Technology revenue $518.2M (+32.4% YoY); Service Provider Tech $81.7M (+11.2% YoY).
Gross margin 41.2% vs 38.2% YoY; operating income $178.8M, up 47.6% YoY.
Board declared $0.60/share cash dividend, payable Feb 24, 2025 to holders of record Feb 18, 2025.
SG&A rose to $28.5M on higher bad debt from a customer default and webstore credit card fees.

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