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Side-by-side financial comparison of SCOTTS MIRACLE-GRO CO (SMG) and Ubiquiti Inc. (UI). Click either name above to swap in a different company.

SCOTTS MIRACLE-GRO CO is the larger business by last-quarter revenue ($1.5B vs $814.9M, roughly 1.8× Ubiquiti Inc.). Ubiquiti Inc. runs the higher net margin — 28.7% vs 16.3%, a 12.3% gap on every dollar of revenue. On growth, Ubiquiti Inc. posted the faster year-over-year revenue change (35.8% vs -16.9%). Over the past eight quarters, Ubiquiti Inc.'s revenue compounded faster (28.6% CAGR vs 10.2%).

The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. In the U.S., the company manufactures Scotts, Miracle-Gro and Ortho brands. It also markets and distributes the herbicide Roundup in the U.S. and several international markets including China.

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.

SMG vs UI — Head-to-Head

Bigger by revenue
SMG
SMG
1.8× larger
SMG
$1.5B
$814.9M
UI
Growing faster (revenue YoY)
UI
UI
+52.7% gap
UI
35.8%
-16.9%
SMG
Higher net margin
UI
UI
12.3% more per $
UI
28.7%
16.3%
SMG
Faster 2-yr revenue CAGR
UI
UI
Annualised
UI
28.6%
10.2%
SMG

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
SMG
SMG
UI
UI
Revenue
$1.5B
$814.9M
Net Profit
$238.6M
$233.6M
Gross Margin
41.8%
45.9%
Operating Margin
27.5%
35.9%
Net Margin
16.3%
28.7%
Revenue YoY
-16.9%
35.8%
Net Profit YoY
61.2%
70.8%
EPS (diluted)
$-2.00
$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
SMG
SMG
UI
UI
Q1 26
$1.5B
Q4 25
$354.4M
$814.9M
Q3 25
$387.3M
$733.8M
Q2 25
$1.2B
$759.2M
Q1 25
$1.4B
$664.2M
Q4 24
$416.8M
$599.9M
Q3 24
$414.7M
$550.3M
Q2 24
$1.2B
$507.5M
Net Profit
SMG
SMG
UI
UI
Q1 26
$238.6M
Q4 25
$-125.0M
$233.6M
Q3 25
$207.9M
Q2 25
$149.1M
$266.7M
Q1 25
$217.5M
$180.4M
Q4 24
$-69.5M
$136.8M
Q3 24
$128.0M
Q2 24
$132.1M
$103.8M
Gross Margin
SMG
SMG
UI
UI
Q1 26
41.8%
Q4 25
25.0%
45.9%
Q3 25
6.1%
46.0%
Q2 25
31.8%
45.1%
Q1 25
38.6%
44.5%
Q4 24
22.7%
41.2%
Q3 24
-7.1%
42.1%
Q2 24
29.5%
40.2%
Operating Margin
SMG
SMG
UI
UI
Q1 26
27.5%
Q4 25
-6.2%
35.9%
Q3 25
-38.8%
35.7%
Q2 25
18.1%
34.4%
Q1 25
24.3%
34.2%
Q4 24
-12.2%
29.8%
Q3 24
-52.1%
30.7%
Q2 24
16.6%
27.3%
Net Margin
SMG
SMG
UI
UI
Q1 26
16.3%
Q4 25
-35.3%
28.7%
Q3 25
28.3%
Q2 25
12.6%
35.1%
Q1 25
15.3%
27.2%
Q4 24
-16.7%
22.8%
Q3 24
23.3%
Q2 24
11.0%
20.5%
EPS (diluted)
SMG
SMG
UI
UI
Q1 26
$-2.00
Q4 25
$-2.16
$3.86
Q3 25
$-2.58
$3.43
Q2 25
$2.54
$4.40
Q1 25
$3.72
$2.98
Q4 24
$-1.21
$2.26
Q3 24
$-4.21
$2.12
Q2 24
$2.28
$1.72

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SMG
SMG
UI
UI
Cash + ST InvestmentsLiquidity on hand
$6.2M
$302.8M
Total DebtLower is stronger
$2.3B
$47.5M
Stockholders' EquityBook value
$1.0B
Total Assets
$3.4B
$1.6B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SMG
SMG
UI
UI
Q1 26
$6.2M
Q4 25
$8.3M
$302.8M
Q3 25
$36.6M
$177.2M
Q2 25
$51.1M
$149.7M
Q1 25
$16.9M
$151.0M
Q4 24
$9.8M
$133.1M
Q3 24
$71.6M
$165.2M
Q2 24
$279.9M
$126.3M
Total Debt
SMG
SMG
UI
UI
Q1 26
$2.3B
Q4 25
$47.5M
Q3 25
$2.1B
$133.8M
Q2 25
$250.0M
Q1 25
$340.0M
Q4 24
$406.3M
Q3 24
$2.2B
$552.5M
Q2 24
$708.1M
Stockholders' Equity
SMG
SMG
UI
UI
Q1 26
Q4 25
$-500.6M
$1.0B
Q3 25
$-357.5M
$828.4M
Q2 25
$-170.9M
$668.3M
Q1 25
$-290.1M
$436.1M
Q4 24
$-479.5M
$290.4M
Q3 24
$-390.6M
$188.1M
Q2 24
$-146.2M
$95.1M
Total Assets
SMG
SMG
UI
UI
Q1 26
$3.4B
Q4 25
$3.0B
$1.6B
Q3 25
$2.7B
$1.5B
Q2 25
$3.1B
$1.5B
Q1 25
$3.5B
$1.3B
Q4 24
$3.2B
$1.2B
Q3 24
$2.9B
$1.2B
Q2 24
$3.5B
$1.2B
Debt / Equity
SMG
SMG
UI
UI
Q1 26
Q4 25
0.05×
Q3 25
0.16×
Q2 25
0.37×
Q1 25
0.78×
Q4 24
1.40×
Q3 24
2.94×
Q2 24
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
SMG
SMG
UI
UI
Operating Cash FlowLast quarter
$263.9M
Free Cash FlowOCF − Capex
$260.3M
FCF MarginFCF / Revenue
31.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
1.13×
TTM Free Cash FlowTrailing 4 quarters
$699.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SMG
SMG
UI
UI
Q1 26
Q4 25
$-370.4M
$263.9M
Q3 25
$174.1M
$198.5M
Q2 25
$454.4M
$130.4M
Q1 25
$188.1M
$123.6M
Q4 24
$-445.3M
$152.4M
Q3 24
$118.5M
$233.7M
Q2 24
$588.0M
$231.4M
Free Cash Flow
SMG
SMG
UI
UI
Q1 26
Q4 25
$-390.4M
$260.3M
Q3 25
$131.2M
$193.3M
Q2 25
$437.5M
$125.2M
Q1 25
$179.8M
$120.7M
Q4 24
$-474.6M
$150.4M
Q3 24
$101.9M
$231.1M
Q2 24
$574.8M
$229.5M
FCF Margin
SMG
SMG
UI
UI
Q1 26
Q4 25
-110.2%
31.9%
Q3 25
33.9%
26.3%
Q2 25
36.8%
16.5%
Q1 25
12.7%
18.2%
Q4 24
-113.9%
25.1%
Q3 24
24.6%
42.0%
Q2 24
47.8%
45.2%
Capex Intensity
SMG
SMG
UI
UI
Q1 26
Q4 25
5.6%
0.4%
Q3 25
11.1%
0.7%
Q2 25
1.4%
0.7%
Q1 25
0.6%
0.4%
Q4 24
7.0%
0.3%
Q3 24
4.0%
0.5%
Q2 24
1.1%
0.4%
Cash Conversion
SMG
SMG
UI
UI
Q1 26
Q4 25
1.13×
Q3 25
0.95×
Q2 25
3.05×
0.49×
Q1 25
0.86×
0.68×
Q4 24
1.11×
Q3 24
1.83×
Q2 24
4.45×
2.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SMG
SMG

Segment breakdown not available.

UI
UI

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

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