Ubiquiti Inc. (NYSE:UI) posted a standout set of results for its fiscal second quarter of 2026 on Friday, comfortably outperforming market expectations as demand strengthened across its networking portfolio.
Shares in the networking equipment maker climbed 5.03% in pre-market trading following the announcement.
The company reported adjusted earnings of $3.88 per share, well ahead of the $2.82 analysts had forecast. Revenue hit a record $814.9 million, beating expectations of $716.95 million and rising 35.8% year over year from $599.9 million in the same period last year.
Growth was led by the Enterprise Technology segment, which generated $729 million in revenue, up 40.7% from a year earlier. The Service Provider Technology business added $85.9 million, representing a 5.1% annual increase.
Profitability also improved meaningfully. Gross margin expanded to 45.9% from 41.2% a year ago, helped by a more favorable product mix and lower shipping costs. GAAP net income surged 70.8% year over year to $233.6 million.
By geography, North America remained the company’s largest market with $443.6 million in revenue, followed by Europe, the Middle East and Africa, which contributed $280.7 million.
Ubiquiti’s board declared a quarterly cash dividend of $0.80 per share, payable on February 23, 2026.
While the company did not issue formal guidance for upcoming quarters, the scale of the earnings and revenue beat points to strong underlying momentum across its global operations.