Filing Flows › Universal Electronics (UEIC) › Q1 2025
Universal Electronics (UEIC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Universal Electronics (UEIC) reported revenue of $92.3M for the first quarter 2025 (Q1 2025), +0.5% from a year earlier and -16% from the quarter before. Operating margin was -4.1%, net loss $6.3M (6.8% of revenue).
Universal Electronics, Q1 2025: revenue $92.3M (+0.5% year over year), operating margin -4.1%, net loss $6.3M, operating cash flow $9.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $92.3M | -16% | +0.5% |
| Operating profit | −$3.8M | — | — |
| Net earnings | −$6.3M | — | — |
| Operating cash flow | $9.0M | +39% | — |
| Free cash flow | $7.9M | +46% | — |
What changed
Revenue was $92.3M in Q1 2025, roughly flat year over year and down 16% from the previous quarter. Home entertainment was the largest line at 66% of revenue. Connected home added $7.6M year over year (up 31%), 1774% of the total change. Home entertainment declined 11%.
Gross margin was 28.3%, unchanged from a year earlier. Operating costs exceeded revenue by $3.8M, an operating margin of -4.1%. Operating expenses fell 9% while revenue was flat. The quarter ended with a net loss of $6.3M, wider than the previous quarter's $4.5M loss.
Operating cash flow was $9.0M. Non-cash charges added back $4.1M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items added $9.4M. Capital expenditures of $1.0M left free cash flow of $7.9M.
Questions
What was Universal Electronics' revenue in the first quarter 2025?
Universal Electronics (UEIC) reported revenue of $92.3M for the first quarter 2025 (Q1 2025), +0.5% from a year earlier and -16% from the quarter before.
Was Universal Electronics profitable in the first quarter 2025?
Operating loss was $3.8M (-4.1% of revenue) and net loss $6.3M.