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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

Bigger by revenue
UI
UI
1.1× larger
UI
$814.9M
$759.0M
FMC
Growing faster (revenue YoY)
UI
UI
+39.9% gap
UI
35.8%
-4.0%
FMC
Higher net margin
UI
UI
65.7% more per $
UI
28.7%
-37.0%
FMC
More free cash flow
UI
UI
$888.4M more FCF
UI
$260.3M
$-628.1M
FMC
Faster 2-yr revenue CAGR
UI
UI
Annualised
UI
28.6%
-14.5%
FMC

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FMC
FMC
UI
UI
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.

Revenue
FMC
FMC
UI
UI
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
Net Profit
FMC
FMC
UI
UI
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
Gross Margin
FMC
FMC
UI
UI
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%
Operating Margin
FMC
FMC
UI
UI
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%
Net Margin
FMC
FMC
UI
UI
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%
EPS (diluted)
FMC
FMC
UI
UI
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
FMC
FMC
UI
UI
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.

Cash + ST Investments
FMC
FMC
UI
UI
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
Total Debt
FMC
FMC
UI
UI
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
Stockholders' Equity
FMC
FMC
UI
UI
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
Total Assets
FMC
FMC
UI
UI
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
Debt / Equity
FMC
FMC
UI
UI
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
FMC
FMC
UI
UI
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.

Operating Cash Flow
FMC
FMC
UI
UI
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
Free Cash Flow
FMC
FMC
UI
UI
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
FCF Margin
FMC
FMC
UI
UI
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%
Capex Intensity
FMC
FMC
UI
UI
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%
Cash Conversion
FMC
FMC
UI
UI
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
FMC

EMEA$307.0M40%
North America$198.0M26%
Latin America$177.0M23%
Asia (excluding 2026 India) 1$81.0M11%

UI
UI

Enterprise Technology$729.0M89%
Service Provider Technology$85.9M11%

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