Ubiquiti's first quarter 2027 revenue hits record $1.03B beating estimates on strong Enterprise growth

Ubiquiti reported record-breaking results for the first quarter of fiscal 2027, significantly exceeding analyst expectations on both the top and bottom lines. Growth was primarily fueled by the continued expansion of the UniFi ecosystem and strong regional performance in North America and EMEA.

Key Highlights

• Record total revenue of $1,026.2 million surged 39.9% year-over-year, driven by a 43.2% jump in Enterprise Technology sales.
• Non-GAAP diluted EPS reached $5.32, representing a 53.8% increase over the comparable prior year period and a significant beat against the $3.82 estimate.
• GAAP gross margin expanded to 47.3%, up from 46.0% last year, as lower indirect costs successfully offset rising component price pressures.