UNIVERSAL ELECTRONICS INCUEICEarnings & Financial Report
Universal Electronics Inc. (UEI) is an American smart home technology provider and manufacturer of universal remote controls, IoT devices such as voice-enabled smart home hubs, smart thermostats, home sensors; as well as a white label digital assistant platform optimized for smart home applications, and other software and cloud services for device discovery, fingerprinting and interoperability. The company designs, develops, manufactures and ships products both under the "One For All" brand a...
Revenue
$97.7M
Gross Profit
$29.2M
Operating Profit
$1.0M
Net Profit
$-2.9M
Gross Margin
29.9%
Operating Margin
1.0%
Net Margin
-3.0%
YoY Growth
8.0%
EPS
$-0.22
UNIVERSAL ELECTRONICS INC Q2 FY2025 Financial Summary
UNIVERSAL ELECTRONICS INC reported revenue of $97.7M (up 8.0% YoY) for Q2 FY2025, with a net profit of $-2.9M (up 64.5% YoY) (-3.0% margin). Cost of goods sold was $68.5M, operating expenses totaled $28.2M.
Key Financial Metrics
| Total Revenue | $97.7M |
|---|---|
| Net Profit | $-2.9M |
| Gross Margin | 29.9% |
| Operating Margin | 1.0% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
UNIVERSAL ELECTRONICS INC Q2 FY2025 revenue of $97.7M breaks down across 4 segments, led by Other at $47.5M (48.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $47.5M | 48.6% |
| Transferred Over Time | $20.0M | 20.5% |
| Daikin Industries Ltd. | $18.2M | 18.7% |
| Comcast Communications | $11.9M | 12.2% |
UNIVERSAL ELECTRONICS INC Revenue by Segment — Quarterly Trend
UNIVERSAL ELECTRONICS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Transferred Over Time) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Other | $39.6M | $43.6M | $47.5M | $15.1M |
| Transferred Over Time | — | $14.9M | $20.0M | — |
| Daikin Industries Ltd. | — | $18.6M | $18.2M | $16.4M |
| Comcast Communications | — | $13.5M | $11.9M | $10.3M |
UNIVERSAL ELECTRONICS INC Annual Revenue by Year
UNIVERSAL ELECTRONICS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $368.3M).
| Year | Annual Revenue |
|---|---|
| 2025 | $368.3M |
| 2024 | $394.9M |
| 2023 | $420.5M |
| 2022 | $542.8M |
UNIVERSAL ELECTRONICS INC Quarterly Revenue & Net Profit History
UNIVERSAL ELECTRONICS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $87.7M | -20.6% | N/A | N/A |
| Q3 FY2025 | $90.6M | -11.3% | $-8.3M | -9.2% |
| Q2 FY2025 | $97.7M | +8.0% | $-2.9M | -3.0% |
| Q1 FY2025 | $92.3M | +0.5% | $-6.3M | -6.8% |
| Q4 FY2024 | $110.5M | +13.2% | N/A | N/A |
| Q3 FY2024 | $102.1M | -4.7% | $-2.7M | -2.6% |
| Q2 FY2024 | $90.5M | -15.8% | $-8.2M | -9.1% |
| Q1 FY2024 | $91.9M | -15.2% | $-8.6M | -9.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $91.9M | $90.5M | $102.1M | $110.5M | $92.3M | $97.7M | $90.6M | $87.7M |
| YoY Growth | -15.2% | -15.8% | -4.7% | 13.2% | 0.5% | 8.0% | -11.3% | -20.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $322.9M | $314.0M | $321.3M | $323.4M | $310.6M | $304.1M | $280.7M | $274.0M |
| Liabilities | $153.3M | $154.2M | $160.1M | $170.2M | $160.6M | $151.4M | $134.6M | $127.8M |
| Equity | $169.7M | $159.8M | $161.2M | $153.1M | $150.0M | $152.8M | $146.1M | $146.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-2.8M | $5.5M | $5.7M | $6.5M | $9.0M | $8.7M | $10.1M | $-4.2M |