UNIVERSAL ELECTRONICS INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $368.3M | $394.9M | $420.5M | $542.8M | $601.6M | $614.7M | $753.5M | $680.2M |
| Cost of Revenue | $261.8M | $280.9M | $322.9M | $390.5M | $428.6M | $438.4M | $583.3M | $538.4M |
| Gross Profit | $106.5M | $114.0M | $97.6M | $152.3M | $173.0M | $176.3M | $170.2M | $141.8M |
| Gross Margin | 28.9% | 28.9% | 23.2% | 28.1% | 28.8% | 28.7% | 22.6% | 20.8% |
| Operating Expenses | ||||||||
| Research & Development | $26.3M | $29.7M | $31.3M | $32.5M | $30.9M | $31.5M | $29.4M | $23.8M |
| SG&A Expense | $85.4M | $91.8M | $98.5M | $105.3M | $118.8M | $107.5M | $125.5M | $119.7M |
| Operating Income | $-6.4M | $-15.3M | $-85.3M | $14.5M | $23.3M | $37.3M | $15.3M | $-1.7M |
| Operating Margin | -1.7% | -3.9% | -20.3% | 2.7% | 3.9% | 6.1% | 2.0% | -0.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-12.0M | $-18.6M | $-92.3M | $11.4M | $16.1M | $43.9M | $10.4M | $26.2M |
| Income Tax Expense | $6.6M | $5.4M | $6.0M | $11.0M | $10.8M | $5.3M | $6.8M | $14.2M |
| Net Income | $-18.6M | $-24.0M | $-98.2M | $407.0K | $5.3M | $38.6M | $3.6M | $11.9M |
| Net Margin | -5.1% | -6.1% | -23.4% | 0.1% | 0.9% | 6.3% | 0.5% | 1.8% |
| EPS (Basic) | $-1.41 | $-1.85 | $-7.64 | $0.03 | $0.39 | $2.78 | $0.26 | $0.85 |
| EPS (Diluted) | $-1.41 | $-1.85 | $-7.64 | $0.03 | $0.39 | $2.72 | $0.26 | $0.85 |
| Shares Outstanding (Basic) | 13.2M | 13.0M | 12.9M | 12.7M | 13.5M | 13.9M | 13.9M | 13.9M |
| Shares Outstanding (Diluted) | 13.2M | 13.0M | 12.9M | 12.8M | 13.7M | 14.2M | 14.1M | 14.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |