Ubiquiti Inc. reported fiscal third-quarter 2026 revenues of $788.2 million, an 18.7% increase from $664.2 million a year ago, driven by robust demand across its Enterprise Technology portfolio. The Enterprise Technology segment generated $717.9 million in revenues, up 22.6% year over year from $585.7 million, with North America, its largest market, posting $410.2 million in revenues, a 27% increase. The company continues to enhance its UniFi ecosystem and expects the segment to reach $2.83 billion in revenues for fiscal 2026, representing 26% growth. Ubiquiti faces competition from Cisco Systems and Hewlett Packard Enterprise, with Cisco reporting 12% total revenue growth and HPE posting 40.4% revenue growth in their respective recent quarters. Ubiquiti shares have gained 36.7% over the past year and currently trade at 34.57 times forward earnings, above the industry average of 31.44.
Ubiquiti Networks IncUbiquiti reported 18.7% revenue growth driven by enterprise network demand and IoT adoption.
Cisco Systems Inc
Hewlett Packard Enterprise Co