2024 Q3 Form 10-K Financial Statement

#000151173724000053 Filed on August 23, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024
Revenue $550.3M $507.5M $1.928B
YoY Change 18.84% 3.33% -0.62%
Cost Of Revenue $318.7M $303.3M $1.189B
YoY Change 14.16% 5.41% 0.76%
Gross Profit $231.6M $204.1M $739.8M
YoY Change 25.96% 0.4% -2.76%
Gross Profit Margin 42.09% 40.23% 38.36%
Selling, General & Admin $24.42M $21.70M $81.00M
YoY Change 26.57% 14.71% 14.09%
% of Gross Profit 10.54% 10.63% 10.95%
Research & Development $38.00M $44.08M $159.8M
YoY Change 4.72% 8.72% 10.05%
% of Gross Profit 16.41% 21.59% 21.6%
Depreciation & Amortization $6.126M $4.540M $19.25M
YoY Change 19.39% 9.98% 18.16%
% of Gross Profit 2.64% 2.22% 2.6%
Operating Expenses $62.41M $65.77M $240.8M
YoY Change 12.31% 10.63% 11.38%
Operating Profit $169.2M $138.4M $499.0M
YoY Change 31.88% -3.83% -8.37%
Interest Expense -$10.58M -$16.81M -$75.17M
YoY Change -50.1% -15.1% 29.1%
% of Operating Profit -6.25% -12.15% -15.06%
Other Income/Expense, Net -$10.58M -$75.17M
YoY Change -50.16% 29.1%
Pretax Income $158.6M $121.6M $423.8M
YoY Change 48.14% -2.03% -12.85%
Income Tax $30.60M $17.75M $73.87M
% Of Pretax Income 19.29% 14.6% 17.43%
Net Earnings $128.0M $103.8M $350.0M
YoY Change 45.86% 0.12% -14.15%
Net Earnings / Revenue 23.26% 20.46% 18.15%
Basic Earnings Per Share $2.12 $5.79
Diluted Earnings Per Share $2.12 $1.72 $5.79
COMMON SHARES
Basic Shares Outstanding 60.47M shares 60.46M shares 60.45M shares
Diluted Shares Outstanding 60.49M shares 60.46M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $165.2M $126.3M $126.3M
YoY Change 52.09% 9.92% 9.92%
Cash & Equivalents $165.2M $126.3M $126.3M
Short-Term Investments $0.00 $0.00
Other Short-Term Assets $140.6M $158.5M $158.5M
YoY Change -17.27% 7.67% 7.67%
Inventory $446.2M $462.0M $462.0M
Prepaid Expenses
Receivables $174.5M $169.1M $169.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $926.5M $916.0M $916.0M
YoY Change -19.69% -21.51% -21.51%
LONG-TERM ASSETS
Property, Plant & Equipment $77.08M $81.13M $128.9M
YoY Change -9.32% -6.59% -10.69%
Goodwill
YoY Change
Intangibles $3.774M $4.164M
YoY Change -29.27% -26.88%
Long-Term Investments
YoY Change
Other Assets $73.26M $73.57M $105.3M
YoY Change 3.57% 3.15% 17.92%
Total Long-Term Assets $231.4M $238.4M $238.4M
YoY Change -1.29% -0.4% -0.4%
TOTAL ASSETS
Total Short-Term Assets $926.5M $916.0M $916.0M
Total Long-Term Assets $231.4M $238.4M $238.4M
Total Assets $1.158B $1.154B $1.154B
YoY Change -16.58% -17.92% -17.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $52.60M $51.10M $51.10M
YoY Change -57.65% -66.86% -66.86%
Accrued Expenses $59.96M $59.60M $59.60M
YoY Change 12.5% 10.71% 10.71%
Deferred Revenue $21.95M $20.33M
YoY Change 11.8% 13.52%
Short-Term Debt $24.41M $36.51M $0.00
YoY Change -33.14% 0.0%
Long-Term Debt Due $24.41M $36.51M $36.51M
YoY Change -33.12% 0.0% 0.0%
Total Short-Term Liabilities $364.1M $284.8M $284.8M
YoY Change 7.68% -19.05% -19.05%
LONG-TERM LIABILITIES
Long-Term Debt $527.2M $669.9M $669.9M
YoY Change -47.66% -35.67% -35.67%
Other Long-Term Liabilities $15.87M $13.42M $50.59M
YoY Change 100.05% 72.58% -6.01%
Total Long-Term Liabilities $543.1M $683.3M $720.5M
YoY Change -46.51% -34.87% -34.22%
TOTAL LIABILITIES
Total Short-Term Liabilities $364.1M $284.8M $284.8M
Total Long-Term Liabilities $543.1M $683.3M $720.5M
Total Liabilities $969.8M $1.059B $1.059B
YoY Change -33.17% -30.4% -30.4%
SHAREHOLDERS EQUITY
Retained Earnings $176.1M $84.36M
YoY Change -355.04% -170.0%
Common Stock $60.00K $60.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $188.1M $95.06M $95.06M
YoY Change
Total Liabilities & Shareholders Equity $1.158B $1.154B $1.154B
YoY Change -16.58% -17.92% -17.92%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $128.0M $103.8M $350.0M
YoY Change 45.86% 0.12% -14.15%
Depreciation, Depletion And Amortization $6.126M $4.540M $19.25M
YoY Change 19.39% 9.98% 18.16%
Cash From Operating Activities $233.7M $231.4M $541.5M
YoY Change 245.24% 1502.06% -472.36%
INVESTING ACTIVITIES
Capital Expenditures $2.604M $1.866M $11.98M
YoY Change -13.92% -64.69% -42.8%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$2.604M -$1.866M -$11.98M
YoY Change -13.92% -64.69% -42.8%
FINANCING ACTIVITIES
Cash Dividend Paid $36.28M $145.1M
YoY Change 0.04% 0.03%
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$192.2M -205.7M -$518.0M
YoY Change 170.91% 338.98% -457.35%
NET CHANGE
Cash From Operating Activities $233.7M 231.4M $541.5M
Cash From Investing Activities -$2.604M -1.866M -$11.98M
Cash From Financing Activities -$192.2M -205.7M -$518.0M
Net Change In Cash $38.83M 23.86M $11.52M
YoY Change -716.49% -163.29% -153.82%
FREE CASH FLOW
Cash From Operating Activities $233.7M $231.4M $541.5M
Capital Expenditures $2.604M $1.866M $11.98M
Free Cash Flow $231.1M $229.5M $529.5M
YoY Change 257.37% 2405.84% -418.31%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024 dei Amendment Flag
AmendmentFlag
false
CY2024 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
CY2024 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2024 dei Entity Central Index Key
EntityCentralIndexKey
0001511737
CY2024 dei Document Annual Report
DocumentAnnualReport
true
CY2024 dei Document Transition Report
DocumentTransitionReport
false
CY2024 dei Entity File Number
EntityFileNumber
001-35300
CY2024 dei Entity Registrant Name
EntityRegistrantName
UBIQUITI INC.
CY2024 dei Entity Address Address Line1
EntityAddressAddressLine1
685 Third Avenue
CY2024 dei Entity Address Address Line2
EntityAddressAddressLine2
27th Floor
CY2024 dei Entity Address City Or Town
EntityAddressCityOrTown
New York
CY2024 dei Entity Address State Or Province
EntityAddressStateOrProvince
NY
CY2024 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
10017
CY2024 dei City Area Code
CityAreaCode
646
CY2024 dei Local Phone Number
LocalPhoneNumber
780-7958
CY2024 dei Security12b Title
Security12bTitle
Common stock, $0.001 par value per share
CY2024 dei Trading Symbol
TradingSymbol
UI
CY2024 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2024 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2024 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2024 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2024 dei Entity Small Business
EntitySmallBusiness
false
CY2024 dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Public Float
EntityPublicFloat
583781006 usd
CY2024Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
60469583 shares
CY2024 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2024 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
32-0097377
CY2024 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 us-gaap Net Income Loss
NetIncomeLoss
407641000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
423828000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73868000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78701000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
378657000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1842000 usd
CY2024Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
CY2023Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent
CY2024 dei Document Period End Date
DocumentPeriodEndDate
2024-06-30
CY2024 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2024 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
true
CY2024 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024 ecd Insider Trd Policies Proc Adopted Flag
InsiderTrdPoliciesProcAdoptedFlag
true
CY2024 dei Auditor Firm
AuditorFirmId
185
CY2024 dei Auditor Name
AuditorName
KPMG LLP
CY2024 dei Auditor Location
AuditorLocation
New York, New York
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
126342000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
114826000 usd
CY2024Q2 us-gaap Short Term Investments
ShortTermInvestments
0 usd
CY2023Q2 us-gaap Short Term Investments
ShortTermInvestments
109000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
498000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
92000 usd
CY2024Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
169147000 usd
CY2023Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
167787000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
462032000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
737121000 usd
CY2024Q2 ubnt Vendor Deposits Current
VendorDepositsCurrent
123461000 usd
CY2023Q2 ubnt Vendor Deposits Current
VendorDepositsCurrent
125227000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
35031000 usd
CY2023Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
21974000 usd
CY2024Q2 us-gaap Assets Current
AssetsCurrent
916013000 usd
CY2023Q2 us-gaap Assets Current
AssetsCurrent
1167044000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
81126000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
86845000 usd
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
47768000 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
57485000 usd
CY2024Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
35934000 usd
CY2023Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
23701000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
73571000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
71324000 usd
CY2024Q2 us-gaap Assets
Assets
1154412000 usd
CY2023Q2 us-gaap Assets
Assets
1406399000 usd
CY2024Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
51095000 usd
CY2023Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
154157000 usd
CY2024Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
23475000 usd
CY2023Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
19309000 usd
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
36508000 usd
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
36508000 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
173713000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
141845000 usd
CY2024Q2 us-gaap Liabilities Current
LiabilitiesCurrent
284791000 usd
CY2023Q2 us-gaap Liabilities Current
LiabilitiesCurrent
351819000 usd
CY2024Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
53599000 usd
CY2023Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
74880000 usd
CY2024Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
37176000 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
46052000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
669878000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1041381000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
492000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
226000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13416000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7774000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
1059352000 usd
CY2023Q2 us-gaap Liabilities
Liabilities
1522132000 usd
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
60462539 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
60462539 shares
CY2023Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
60441896 shares
CY2023Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
60441896 shares
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
60000 usd
CY2023Q2 us-gaap Common Stock Value
CommonStockValue
60000 usd
CY2024Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
10645000 usd
CY2023Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
4721000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
84355000 usd
CY2023Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-120514000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
95060000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-115733000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1154412000 usd
CY2023Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1406399000 usd
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1928490000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1940512000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1691692000 usd
CY2024 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1188728000 usd
CY2023 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1179781000 usd
CY2022 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1021880000 usd
CY2024 us-gaap Gross Profit
GrossProfit
739762000 usd
CY2023 us-gaap Gross Profit
GrossProfit
760731000 usd
CY2022 us-gaap Gross Profit
GrossProfit
669812000 usd
CY2024 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
159768000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
145172000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
137689000 usd
CY2024 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
80997000 usd
CY2023 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
70993000 usd
CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
69859000 usd
CY2024 us-gaap Operating Expenses
OperatingExpenses
240765000 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
216165000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
207548000 usd
CY2024 us-gaap Operating Income Loss
OperatingIncomeLoss
498997000 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
544566000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
462264000 usd
CY2024 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-75169000 usd
CY2023 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-58224000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-17815000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
486342000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
444449000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65792000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
349960000 usd
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.79
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.75
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.14
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.79
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.74
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.13
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60454000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60435000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61689000 shares
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60458000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60451000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61723000 shares
CY2024 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 usd
CY2023 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
0 usd
CY2022 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
-475000 usd
CY2024 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
0 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-475000 usd
CY2024 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
349960000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
407641000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
378182000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
2699000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
378657000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-475000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
98000 usd
CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-1185000 usd
CY2022 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
618131000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
3516000 usd
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.40
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
148055000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-382876000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
407641000 usd
CY2023 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-474000 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
23000 usd
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-686000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
4734000 usd
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.40
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
145043000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-115733000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
349960000 usd
CY2024 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-434000 usd
CY2024 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions
6358000 usd
CY2024 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.40
CY2024 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
145091000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
95060000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
349960000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
407641000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
378657000 usd
CY2024 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19251000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16292000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13689000 usd
CY2024 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1725000 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1405000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1319000 usd
CY2024 ubnt Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
231000 usd
CY2023 ubnt Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
362000 usd
CY2022 ubnt Operating Lease Non Cash Lease Expense
OperatingLeaseNonCashLeaseExpense
1142000 usd
CY2024 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
88000 usd
CY2024 us-gaap Inventory Write Down
InventoryWriteDown
23905000 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
13391000 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
2413000 usd
CY2024 ubnt Provisionfor Gain Losson Vendor Deposit
ProvisionforGainLossonVendorDeposit
20019000 usd
CY2023 ubnt Provisionfor Gain Losson Vendor Deposit
ProvisionforGainLossonVendorDeposit
-3913000 usd
CY2022 ubnt Provisionfor Gain Losson Vendor Deposit
ProvisionforGainLossonVendorDeposit
8907000 usd
CY2024 us-gaap Share Based Compensation
ShareBasedCompensation
6358000 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
4734000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3516000 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11967000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16857000 usd
CY2024 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-109000 usd
CY2023 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-792000 usd
CY2022 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
0 usd
CY2024 ubnt Provision For Gain Loss On Sales Returns
ProvisionForGainLossOnSalesReturns
-574000 usd
CY2023 ubnt Provision For Gain Loss On Sales Returns
ProvisionForGainLossOnSalesReturns
553000 usd
CY2022 ubnt Provision For Gain Loss On Sales Returns
ProvisionForGainLossOnSalesReturns
1004000 usd
CY2024 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-405000 usd
CY2023 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-365000 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
555000 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1765000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
48200000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-52657000 usd
CY2024 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-250665000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
487922000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
29565000 usd
CY2024 ubnt Increase Decreasein Vendor Deposits
IncreaseDecreaseinVendorDeposits
18253000 usd
CY2023 ubnt Increase Decreasein Vendor Deposits
IncreaseDecreaseinVendorDeposits
39457000 usd
CY2022 ubnt Increase Decreasein Vendor Deposits
IncreaseDecreaseinVendorDeposits
79034000 usd
CY2024 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
17564000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10252000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1841000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-103086000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
69730000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-28686000 usd
CY2024 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-17115000 usd
CY2023 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-14041000 usd
CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10288000 usd
CY2024 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
6595000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1321000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-3593000 usd
CY2024 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
32617000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-38730000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
58589000 usd
CY2024 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
541516000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-145428000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
370259000 usd
CY2024 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11975000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
20934000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13468000 usd
CY2024 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 usd
CY2023 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 usd
CY2022 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
1479000 usd
CY2024 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2023 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
2457000 usd
CY2024 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
CY2023 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
1310000 usd
CY2024 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11975000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20934000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11180000 usd
CY2024 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1205000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2024 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
618131000 usd
CY2024 us-gaap Payments Of Dividends
PaymentsOfDividends
145091000 usd
CY2023 us-gaap Payments Of Dividends
PaymentsOfDividends
145043000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
148055000 usd
CY2024 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
23000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
98000 usd
CY2024 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
434000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
686000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1185000 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-518025000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
144964000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-472273000 usd
CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
11516000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21398000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-113194000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
114826000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
136224000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
249418000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126342000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
114826000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
136224000 usd
CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
108572000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
109685000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
78180000 usd
CY2024 us-gaap Interest Paid Net
InterestPaidNet
75094000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
53870000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
11561000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
4393000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
7201000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
34516000 usd
CY2024 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1300000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1274000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
511000 usd
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Accounting Estimates</span></div>The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and the accompanying notes. Those estimates and assumptions include, but are not limited to, revenue recognition and deferred revenue; sales return reserves; inventory valuation and vendor deposits; accounting for income taxes, including the valuation allowance on deferred tax assets and reserves for uncertain tax positions. We evaluate our estimates and assumptions based on historical experience and other assumptions that are believed to be reasonable under the circumstances. Actual results could differ materially from those estimates.
CY2024 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2024 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Risk</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash and cash equivalents, marketable securities and accounts receivable. The Company limits its exposure by primarily placing its cash in interest-bearing deposit accounts and marketable securities with high credit quality financial institutions. </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company derives its accounts receivable from revenues earned from customers located worldwide. The Company bases credit decisions primarily upon a customer’s past credit history. If upfront deposits or prepayments are not required, customers then may be granted standard credit terms, which range from net 30 to 60 days.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company subcontracts with third parties to manufacture most of our products. The Company relies on the ability of these contract manufacturers to produce the products sold to its distributors. A significant portion of the Company’s products are manufactured by a few contract manufacturers.</span></div>
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
92000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
52000 usd
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
47000 usd
CY2024 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
406000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
40000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
498000 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
92000 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
52000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2024Q2 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
1300000 usd
CY2023Q2 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
1200000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
20300000 usd
CY2024Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
13400000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
17900000 usd
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
7800000 usd
CY2024Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P2Y
CY2024 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17900000 usd
CY2023 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
20800000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
349960000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
407641000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
378657000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60454000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60435000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61689000 shares
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60458000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60451000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61723000 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.79
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.75
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
6.14
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.79
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.74
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
6.13
CY2024Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
387447000 usd
CY2023Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
643499000 usd
CY2024Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
74585000 usd
CY2023Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
93622000 usd
CY2024Q2 us-gaap Inventory Net
InventoryNet
462032000 usd
CY2023Q2 us-gaap Inventory Net
InventoryNet
737121000 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
159697000 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
153724000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
78571000 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
66879000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
81126000 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
86845000 usd
CY2024 ubnt Depreciation Depletion And Amortization Excluding Intangible Assets
DepreciationDepletionAndAmortizationExcludingIntangibleAssets
17700000 usd
CY2023 ubnt Depreciation Depletion And Amortization Excluding Intangible Assets
DepreciationDepletionAndAmortizationExcludingIntangibleAssets
14700000 usd
CY2022 ubnt Depreciation Depletion And Amortization Excluding Intangible Assets
DepreciationDepletionAndAmortizationExcludingIntangibleAssets
12100000 usd
CY2024Q2 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
60402000 usd
CY2023Q2 us-gaap Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
60106000 usd
CY2024Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4164000 usd
CY2023Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5695000 usd
CY2024Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
9005000 usd
CY2023Q2 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
5523000 usd
CY2024Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
73571000 usd
CY2023Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
71324000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
7500000 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5900000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
20332000 usd
CY2023Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
17911000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26600000 usd
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
23426000 usd
CY2024Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
13724000 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14333000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
10825000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8745000 usd
CY2024Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
8453000 usd
CY2023Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
7330000 usd
CY2024Q2 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
1283000 usd
CY2023Q2 ubnt Contract With Customer Liability Customer Deposits Current
ContractWithCustomerLiabilityCustomerDepositsCurrent
1211000 usd
CY2024Q2 ubnt Reservefor Sales Returns Current
ReserveforSalesReturnsCurrent
3906000 usd
CY2023Q2 ubnt Reservefor Sales Returns Current
ReserveforSalesReturnsCurrent
4999000 usd
CY2024Q2 ubnt Inventory Received Not Billed
InventoryReceivedNotBilled
72560000 usd
CY2023Q2 ubnt Inventory Received Not Billed
InventoryReceivedNotBilled
56862000 usd
CY2024Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
16030000 usd
CY2023Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
7028000 usd
CY2024Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
173713000 usd
CY2023Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
141845000 usd
CY2024Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
13416000 usd
CY2023Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
7774000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13416000 usd
CY2023Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
7774000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8745000 usd
CY2022Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
6394000 usd
CY2024 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
12823000 usd
CY2023 us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
11325000 usd
CY2024 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
1043000 usd
CY2023 us-gaap Standard Product Warranty Accrual Preexisting Increase Decrease
StandardProductWarrantyAccrualPreexistingIncreaseDecrease
606000 usd
CY2024 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
11786000 usd
CY2023 us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
9580000 usd
CY2024Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
10825000 usd
CY2023Q2 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8745000 usd
CY2024Q2 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
992000 usd
CY2023Q2 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
992000 usd
CY2024Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
36508000 usd
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
36508000 usd
CY2024Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
747000 usd
CY2023Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1744000 usd
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
669878000 usd
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1041381000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
37500000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
670625000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
708125000 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year One
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearOne
51959000 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Two
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearTwo
37075000 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Three
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearThree
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Four
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearFour
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments In Year Five
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsInYearFive
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments After Year Five
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPaymentsAfterYearFive
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Interest And Other Payments
LongTermDebtMaturitiesRepaymentsOfInterestAndOtherPayments
89034000 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year One
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearOne
89459000 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearTwo
707700000 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearThree
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearFour
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsInYearFive
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPaymentsAfterYearFive
0 usd
CY2024Q2 ubnt Long Term Debt Maturities Repayments Of Principal And Interest And Other Payments
LongTermDebtMaturitiesRepaymentsOfPrincipalAndInterestAndOtherPayments
797159000 usd
CY2024 us-gaap Lease Cost
LeaseCost
17171000 usd
CY2023 us-gaap Lease Cost
LeaseCost
16332000 usd
CY2024 us-gaap Short Term Lease Cost
ShortTermLeaseCost
200000 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
600000 usd
CY2024 us-gaap Operating Lease Payments
OperatingLeasePayments
17300000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
16100000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
15193000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10787000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6806000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5435000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3663000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
13848000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
55732000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4832000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
50900000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.035
CY2024Q2 us-gaap Purchase Obligation
PurchaseObligation
981700000 usd
CY2024Q2 us-gaap Other Commitment
OtherCommitment
6100000 usd
CY2024 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2023 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2022 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2200000 shares
CY2022 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
281.75
CY2022 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
618100000 usd
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2024Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
4876805 shares
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6358000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4734000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3516000 usd
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
149523000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
102930000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
102145000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
274305000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
383412000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
342304000 usd
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
423828000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
486342000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
444449000 usd
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
67870000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
78774000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
55259000 usd
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
8019000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
9443000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
6814000 usd
CY2024 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9946000 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
7341000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5561000 usd
CY2024 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
85835000 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
95558000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
67634000 usd
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-7110000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-15338000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-882000 usd
CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-627000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1745000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-960000 usd
CY2024 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4230000 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
226000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2024 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-11967000 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-16857000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1842000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
73868000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78701000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
65792000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2024 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.057
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.068
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.080
CY2024 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.013
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.013
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.010
CY2024 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.003
CY2023 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
0.001
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent
-0.001
CY2024 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.004
CY2023 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.011
CY2022 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.010
CY2024 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.001
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.005
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001
CY2024 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.174
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.162
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.148
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
5631000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
11041000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
452000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
380000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
824000 usd
CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
703000 usd
CY2024Q2 ubnt Deferred Tax Assets Capitalized Research Expenditures
DeferredTaxAssetsCapitalizedResearchExpenditures
30296000 usd
CY2023Q2 ubnt Deferred Tax Assets Capitalized Research Expenditures
DeferredTaxAssetsCapitalizedResearchExpenditures
15617000 usd
CY2024Q2 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
721000 usd
CY2023Q2 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
1504000 usd
CY2024Q2 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
1325000 usd
CY2023Q2 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
1296000 usd
CY2024Q2 ubnt Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
5286000 usd
CY2023Q2 ubnt Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
5581000 usd
CY2024Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
14974000 usd
CY2023Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
11945000 usd
CY2024Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
59509000 usd
CY2023Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
48067000 usd
CY2024Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8046000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6558000 usd
CY2024Q2 ubnt Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
4929000 usd
CY2023Q2 ubnt Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
5304000 usd
CY2024Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
9767000 usd
CY2023Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
11434000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
22742000 usd
CY2023Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
23296000 usd
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1325000 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1296000 usd
CY2024Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
35442000 usd
CY2023Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
23475000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32382000 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32685000 usd
CY2021Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32092000 usd
CY2024 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
5347000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
5361000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4629000 usd
CY2024 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4680000 usd
CY2023 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5664000 usd
CY2022 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
4036000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
33049000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32382000 usd
CY2022Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
32685000 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
33000000.0 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
4800000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2900000 usd
CY2024Q2 us-gaap Income Tax Examination Liability Refund Adjustment From Settlement With Taxing Authority
IncomeTaxExaminationLiabilityRefundAdjustmentFromSettlementWithTaxingAuthority
0 usd
CY2024 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2024 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024 ubnt Number Of Product Types
NumberOfProductTypes
2 product
CY2024 us-gaap Revenues
Revenues
1928490000 usd
CY2023 us-gaap Revenues
Revenues
1940512000 usd
CY2022 us-gaap Revenues
Revenues
1691692000 usd
CY2024 us-gaap Revenues
Revenues
1928490000 usd
CY2023 us-gaap Revenues
Revenues
1940512000 usd
CY2022 us-gaap Revenues
Revenues
1691692000 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
ubnt-20240630_def.xml Edgar Link unprocessable
0001511737-24-000053-index-headers.html Edgar Link pending
0001511737-24-000053-index.html Edgar Link pending
0001511737-24-000053.txt Edgar Link pending
0001511737-24-000053-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ubnt-063024xex311.htm Edgar Link pending
ubnt-063024xex312.htm Edgar Link pending
ubnt-063024xex321.htm Edgar Link pending
ubnt-20240630.htm Edgar Link pending
ubnt-20240630.xsd Edgar Link pending
ubnt-20240630_g1.jpg Edgar Link pending
ui-06302024xex19.htm Edgar Link pending
ui-06302024xex19001.jpg Edgar Link pending
ui-06302024xex19002.jpg Edgar Link pending
ui-06302024xex19003.jpg Edgar Link pending
ui-06302024xex19004.jpg Edgar Link pending
ui-06302024xex19005.jpg Edgar Link pending
ui-06302024xex19006.jpg Edgar Link pending
ui-06302024xex19007.jpg Edgar Link pending
ui-06302024xex19008.jpg Edgar Link pending
ui-06302024xex19009.jpg Edgar Link pending
ubnt-20240630_lab.xml Edgar Link unprocessable
ubnt-20240630_pre.xml Edgar Link unprocessable
ubnt-20240630_cal.xml Edgar Link unprocessable
ubnt-20240630_htm.xml Edgar Link completed
ui-06302024xex19010.jpg Edgar Link pending
ui-06302024xex19011.jpg Edgar Link pending
ui-06302024xex19012.jpg Edgar Link pending
ui-06302024xex19013.jpg Edgar Link pending
ui-06302024xex19014.jpg Edgar Link pending
ui-06302024xex19015.jpg Edgar Link pending
ui-06302024xex19016.jpg Edgar Link pending
ui-06302024xex19017.jpg Edgar Link pending
ui-06302024xex19018.jpg Edgar Link pending
ui-06302024xex19019.jpg Edgar Link pending
ui-06302024xex19020.jpg Edgar Link pending
ui-06302024xex19021.jpg Edgar Link pending
ui-06302024xex211.htm Edgar Link pending
ui-06302024xex231.htm Edgar Link pending
ui-06302024xex44.htm Edgar Link pending
ui-06302024xex97.htm Edgar Link pending
ui-06302024xex97001.jpg Edgar Link pending
ui-06302024xex97002.jpg Edgar Link pending
ui-06302024xex97003.jpg Edgar Link pending
ui-06302024xex97004.jpg Edgar Link pending