vs
Side-by-side financial comparison of FMC CORP (FMC) and Ubiquiti Inc. (UI). Click either name above to swap in a different company.
Ubiquiti Inc. is the larger business by last-quarter revenue ($814.9M vs $759.0M, roughly 1.1× FMC CORP). Ubiquiti Inc. runs the higher net margin — 28.7% vs -37.0%, a 65.7% gap on every dollar of revenue. On growth, Ubiquiti Inc. posted the faster year-over-year revenue change (35.8% vs -4.0%). Ubiquiti Inc. produced more free cash flow last quarter ($260.3M vs $-628.1M). Over the past eight quarters, Ubiquiti Inc.'s revenue compounded faster (28.6% CAGR vs -14.5%).
FMC Corporation is an American chemical manufacturing company headquartered in Philadelphia, Pennsylvania, which originated as an insecticide producer in 1883 and later diversified into other industries. In 1941 at the beginning of US involvement in WWII, the company received a contract to design and build amphibious tracked landing vehicles for the United States Department of War, and afterwards the company continued to diversify its products. FMC employs 7,000 people worldwide, and had gros...
Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.
FMC vs UI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $759.0M | $814.9M |
| Net Profit | $-281.2M | $233.6M |
| Gross Margin | — | 45.9% |
| Operating Margin | -10.6% | 35.9% |
| Net Margin | -37.0% | 28.7% |
| Revenue YoY | -4.0% | 35.8% |
| Net Profit YoY | — | 70.8% |
| EPS (diluted) | $-2.25 | $3.86 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $759.0M | — | ||
| Q4 25 | $1.1B | $814.9M | ||
| Q3 25 | $542.2M | $733.8M | ||
| Q2 25 | $1.1B | $759.2M | ||
| Q1 25 | $791.4M | $664.2M | ||
| Q4 24 | $1.2B | $599.9M | ||
| Q3 24 | $1.1B | $550.3M | ||
| Q2 24 | $1.0B | $507.5M |
| Q1 26 | $-281.2M | — | ||
| Q4 25 | $-1.7B | $233.6M | ||
| Q3 25 | $-569.3M | $207.9M | ||
| Q2 25 | $66.7M | $266.7M | ||
| Q1 25 | $-15.5M | $180.4M | ||
| Q4 24 | $-16.3M | $136.8M | ||
| Q3 24 | $65.0M | $128.0M | ||
| Q2 24 | $295.1M | $103.8M |
| Q1 26 | — | — | ||
| Q4 25 | 39.8% | 45.9% | ||
| Q3 25 | 23.8% | 46.0% | ||
| Q2 25 | 38.7% | 45.1% | ||
| Q1 25 | 40.0% | 44.5% | ||
| Q4 24 | 42.9% | 41.2% | ||
| Q3 24 | 36.3% | 42.1% | ||
| Q2 24 | 38.3% | 40.2% |
| Q1 26 | -10.6% | — | ||
| Q4 25 | -130.8% | 35.9% | ||
| Q3 25 | -73.1% | 35.7% | ||
| Q2 25 | 12.0% | 34.4% | ||
| Q1 25 | 7.4% | 34.2% | ||
| Q4 24 | 19.2% | 29.8% | ||
| Q3 24 | 12.7% | 30.7% | ||
| Q2 24 | 6.0% | 27.3% |
| Q1 26 | -37.0% | — | ||
| Q4 25 | -158.8% | 28.7% | ||
| Q3 25 | -105.0% | 28.3% | ||
| Q2 25 | 6.3% | 35.1% | ||
| Q1 25 | -2.0% | 27.2% | ||
| Q4 24 | -1.3% | 22.8% | ||
| Q3 24 | 6.1% | 23.3% | ||
| Q2 24 | 28.4% | 20.5% |
| Q1 26 | $-2.25 | — | ||
| Q4 25 | $-13.77 | $3.86 | ||
| Q3 25 | $-4.52 | $3.43 | ||
| Q2 25 | $0.53 | $4.40 | ||
| Q1 25 | $-0.12 | $2.98 | ||
| Q4 24 | $-0.13 | $2.26 | ||
| Q3 24 | $0.52 | $2.12 | ||
| Q2 24 | $2.35 | $1.72 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $390.9M | $302.8M |
| Total DebtLower is stronger | $2.8B | $47.5M |
| Stockholders' EquityBook value | $1.8B | $1.0B |
| Total Assets | $9.4B | $1.6B |
| Debt / EquityLower = less leverage | 1.50× | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $390.9M | — | ||
| Q4 25 | $584.5M | $302.8M | ||
| Q3 25 | $497.7M | $177.2M | ||
| Q2 25 | $438.2M | $149.7M | ||
| Q1 25 | $315.3M | $151.0M | ||
| Q4 24 | $357.3M | $133.1M | ||
| Q3 24 | $416.7M | $165.2M | ||
| Q2 24 | $471.5M | $126.3M |
| Q1 26 | $2.8B | — | ||
| Q4 25 | $3.4B | $47.5M | ||
| Q3 25 | $3.4B | $133.8M | ||
| Q2 25 | $3.4B | $250.0M | ||
| Q1 25 | $3.1B | $340.0M | ||
| Q4 24 | $3.1B | $406.3M | ||
| Q3 24 | $3.1B | $552.5M | ||
| Q2 24 | $3.1B | $708.1M |
| Q1 26 | $1.8B | — | ||
| Q4 25 | $2.1B | $1.0B | ||
| Q3 25 | $3.8B | $828.4M | ||
| Q2 25 | $4.4B | $668.3M | ||
| Q1 25 | $4.4B | $436.1M | ||
| Q4 24 | $4.5B | $290.4M | ||
| Q3 24 | $4.6B | $188.1M | ||
| Q2 24 | $4.6B | $95.1M |
| Q1 26 | $9.4B | — | ||
| Q4 25 | $9.7B | $1.6B | ||
| Q3 25 | $12.1B | $1.5B | ||
| Q2 25 | $12.3B | $1.5B | ||
| Q1 25 | $11.8B | $1.3B | ||
| Q4 24 | $11.7B | $1.2B | ||
| Q3 24 | $12.2B | $1.2B | ||
| Q2 24 | $12.1B | $1.2B |
| Q1 26 | 1.50× | — | ||
| Q4 25 | 1.62× | 0.05× | ||
| Q3 25 | 0.89× | 0.16× | ||
| Q2 25 | 0.76× | 0.37× | ||
| Q1 25 | 0.71× | 0.78× | ||
| Q4 24 | 0.69× | 1.40× | ||
| Q3 24 | 0.68× | 2.94× | ||
| Q2 24 | 0.68× | 7.45× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $263.9M |
| Free Cash FlowOCF − Capex | $-628.1M | $260.3M |
| FCF MarginFCF / Revenue | -82.8% | 31.9% |
| Capex IntensityCapex / Revenue | 2.2% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.13× |
| TTM Free Cash FlowTrailing 4 quarters | $-154.0M | $699.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $657.1M | $263.9M | ||
| Q3 25 | $-184.2M | $198.5M | ||
| Q2 25 | $65.9M | $130.4M | ||
| Q1 25 | $-545.0M | $123.6M | ||
| Q4 24 | $427.9M | $152.4M | ||
| Q3 24 | $159.5M | $233.7M | ||
| Q2 24 | $292.2M | $231.4M |
| Q1 26 | $-628.1M | — | ||
| Q4 25 | $631.1M | $260.3M | ||
| Q3 25 | $-207.9M | $193.3M | ||
| Q2 25 | $50.9M | $125.2M | ||
| Q1 25 | $-576.6M | $120.7M | ||
| Q4 24 | $406.3M | $150.4M | ||
| Q3 24 | $143.8M | $231.1M | ||
| Q2 24 | $282.3M | $229.5M |
| Q1 26 | -82.8% | — | ||
| Q4 25 | 58.3% | 31.9% | ||
| Q3 25 | -38.3% | 26.3% | ||
| Q2 25 | 4.8% | 16.5% | ||
| Q1 25 | -72.9% | 18.2% | ||
| Q4 24 | 33.2% | 25.1% | ||
| Q3 24 | 13.5% | 42.0% | ||
| Q2 24 | 27.2% | 45.2% |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 2.4% | 0.4% | ||
| Q3 25 | 4.4% | 0.7% | ||
| Q2 25 | 1.4% | 0.7% | ||
| Q1 25 | 4.0% | 0.4% | ||
| Q4 24 | 1.8% | 0.3% | ||
| Q3 24 | 1.5% | 0.5% | ||
| Q2 24 | 1.0% | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | 0.99× | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | — | 1.11× | ||
| Q3 24 | 2.45× | 1.83× | ||
| Q2 24 | 0.99× | 2.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FMC
| EMEA | $307.0M | 40% |
| North America | $198.0M | 26% |
| Latin America | $177.0M | 23% |
| Asia (excluding 2026 India) 1 | $81.0M | 11% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |