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Ubiquiti (UI) operating margin by quarter

Ubiquiti's operating margin was 38.1% in Q1 FY27 (first quarter fiscal 2027), +1.9 pts from Q4 FY26. Over the last 7 quarters it ranged from 34.2% (Q3 FY25) to 38.1% (Q1 FY27).

Ubiquiti operating margin by quarterUbiquiti operating margin by quarter34.2%Q3 FY2534.4%Q4 FY2535.7%Q1 FY2635.9%Q2 FY2636.9%Q3 FY2636.3%Q4 FY2638.1%Q1 FY27
QuarterOperating marginQ/QY/Y
Q1 FY2738.1%+1.9 pts+2.5 pts
Q4 FY2636.3%-0.6 pts+1.8 pts
Q3 FY2636.9%+1.0 pts+2.7 pts
Q2 FY2635.9%+0.3 pts—
Q1 FY2635.7%+1.2 pts—
Q4 FY2534.4%+0.3 pts—
Q3 FY2534.2%——

Q1 FY27 at a glance

Ubiquiti, Q1 FY27: revenue $1.0B (+40% year over year), operating margin 38.1%, net earnings $320M, operating cash flow $319M. The chart follows the revenue to costs, profit and cash.

Questions

What is Ubiquiti's operating margin?

Ubiquiti's operating margin was 38.1% in Q1 FY27 (first quarter fiscal 2027), +1.9 pts from Q4 FY26.

How has Ubiquiti's operating margin changed?

Over the last 7 quarters it ranged from 34.2% (Q3 FY25) to 38.1% (Q1 FY27).

Q1 FY27 results → · How Ubiquiti makes money →