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UNIVERSAL ELECTRONICS INC

CIK: 101984 SIC: 3651
$368.29M
Revenue
$-18.60M
Net Income
28.91%
Gross Margin
-1.74%
Op. Margin
$43.14M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 10 of 15 annual reports available (2011 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
+ Total Revenue $368.29M $368.29M $394.88M $420.46M $542.75M $601.60M $614.68M $753.48M $680.24M $695.79M $651.37M
Revenue Growth % 0.0% -6.7% -6.1% -22.5% -9.8% -2.1% -18.4% 10.8% -2.2% 6.8% nan%
Cost of Revenue $261.83M $261.83M $280.88M $322.90M $390.46M $428.59M $438.42M $583.27M $538.44M $530.08M $487.25M
+ Gross Profit $106.46M $106.46M $113.99M $97.56M $152.29M $173.02M $176.26M $170.20M $141.80M $165.71M $164.12M
Gross Margin % 28.9% 28.9% 28.9% 23.2% 28.1% 28.8% 28.7% 22.6% 20.8% 23.8% 25.2%
Research & Development $26.27M $26.27M $29.72M $31.28M $32.45M $30.92M $31.45M $29.41M $23.82M $21.42M $19.85M
Selling General & Admin $85.38M $85.38M $91.81M $98.49M $105.29M $118.85M $107.54M $125.48M $119.65M $127.48M $118.88M
+ Operating Income $-6.40M $-6.40M $-15.30M $-85.30M $14.55M $23.25M $37.27M $15.31M $-1.67M $10.67M $25.40M
Operating Margin % -1.7% -1.7% -3.9% -20.3% 2.7% 3.9% 6.1% 2.0% -0.2% 1.5% 3.9%
Interest Expense $3.84M $1.97M $4.74M $7.01M $2.21M $620.00K $1.61M $4.40M $4.98M $2.75M $1.21M
Other Income/Expense $-4.62M $-4.62M $60.00K $-2.62M $-955.00K $-557.00K $-1.40M $-995.00K $-4.46M $-848.00K $840.00K
Income Before Tax $-11.96M $-11.96M $-18.60M $-92.25M $11.39M $16.08M $43.91M $10.40M $26.17M $7.29M $25.19M
Income Tax Expense $6.64M $6.64M $5.43M $5.98M $10.99M $10.78M $5.33M $6.77M $14.24M $17.61M $4.80M
+ Net Income $-18.60M $-18.60M $-24.03M $-98.24M $407.00K $5.30M $38.57M $3.63M $11.92M $-10.32M $20.35M
Net Margin % -5.1% -5.1% -6.1% -23.4% 0.1% 0.9% 6.3% 0.5% 1.8% -1.5% 3.1%
Basic EPS nan -1.41 -1.85 -7.64 0.03 0.39 2.78 0.26 0.85 -0.72 1.41
Diluted EPS nan -1.41 -1.85 -7.64 0.03 0.39 2.72 0.26 0.85 -0.72 1.38
Basic Shares Outstanding -35K 13.2M 13.0M 12.9M 12.7M 13.5M 13.9M 13.9M 13.9M 14.4M 14.5M
Diluted Shares Outstanding -35K 13.2M 13.0M 12.9M 12.8M 13.7M 14.2M 14.1M 14.1M 14.4M 14.8M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Cash & Cash Equivalents $32.31M $26.78M - $66.74M $60.81M $57.15M $74.30M $53.21M $62.44M $50.61M
Accounts Receivable $70.40M $91.53M $112.60M - - - $139.20M $144.69M $151.58M $124.59M
Inventory $77.79M $79.36M $88.27M $140.18M $134.47M $120.43M $145.13M $144.35M $162.59M $129.88M
Other Current Assets $6.80M $9.48M $7.33M $6.65M $7.29M $6.83M $6.73M $11.64M $11.69M $7.44M
Total Current Assets $205.12M $242.49M $258.85M $338.04M $337.15M $326.84M $378.75M $380.45M $407.30M $324.16M
Property Plant & Equipment $25.82M $32.90M $44.62M $62.79M $74.65M $87.28M $90.73M $95.84M $110.96M $105.35M
Goodwill - - - $49.09M $48.46M $48.61M $48.45M $48.48M $48.65M $43.05M
Intangible Assets $21.97M $24.04M $25.35M $24.47M $20.17M $19.71M $19.83M $24.37M $29.04M $28.55M
Other Non-current Assets $3.61M $1.87M $1.57M $1.94M $2.35M $2.75M $2.16M $4.62M $4.57M $4.90M
Total Assets $274.00M $323.35M $355.87M $504.16M $510.35M $510.29M $564.16M $555.60M $608.43M $521.04M
Accounts Payable $48.95M $72.03M $57.03M $71.37M $92.71M $83.23M $102.59M $107.28M $119.17M $97.16M
Deferred Revenue $2.16M $2.52M - - - - - - - -
Total Current Liabilities $119.31M $158.29M $161.15M $216.47M $216.79M $179.51M $266.46M $279.86M $332.94M $215.87M
Deferred Tax Liabilities $1.51M $1.93M $1.99M $2.72M $2.39M $1.91M $1.70M $930.00K $4.42M -
Other Non-current Liabilities $729.00K $723.00K $817.00K $810.00K $13.00K $539.00K $13.00K $1.77M $1.60M $6.31M
Total Liabilities $127.81M $170.25M $176.95M $235.76M $234.40M $196.99M $289.76M $292.64M $354.88M $240.53M
Common Stock - - - - $247.00K $244.00K $241.00K $239.00K $238.00K $236.00K
Retained Earnings $189.83M $208.43M $232.46M $330.70M $330.29M $324.99M $286.42M $282.79M $266.78M $275.59M
Treasury Stock - - $369.97M $368.19M $355.16M $295.50M $277.82M $275.89M $262.06M $222.98M
Total Stockholders Equity $146.18M $153.10M $178.92M $268.41M $275.95M $313.30M $274.40M $262.96M $253.55M $280.51M
Total Liabilities & Equity $274.00M $323.35M $355.87M $504.16M $510.35M $510.29M $564.16M $555.60M $608.43M $521.04M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
Net Income $-18.60M $-18.60M $-24.03M $-98.24M $407.00K $5.30M $38.57M $3.63M $11.92M $-10.32M $20.35M
Depreciation & Amortization $25.86M $14.19M $18.06M $22.93M $24.03M $26.75M $29.73M $31.93M $33.60M $31.31M $26.97M
Stock-based Compensation $10.31M $5.10M $6.70M $8.81M $10.01M $9.97M $9.12M $8.85M $8.82M $11.94M $10.32M
Deferred Income Tax - $502.00K $281.00K $-1.28M - - - - - - -
Change in Receivables $-75.40M $-41.54M $12.17M $-5.04M $-12.77M $-2.01M $-14.88M $-17.20M $-5.46M $22.19M $3.88M
Change in Inventory $-9.24M $-4.57M $-6.24M $-51.46M $9.91M $14.98M $-28.30M $1.91M $19.87M $29.92M $14.80M
Operating Cash Flow $50.31M $23.63M $14.82M $25.19M $10.93M $40.28M $73.39M $85.26M $12.86M $13.79M $49.54M
Capital Expenditure $7.18M $3.88M $4.57M $8.12M $14.01M $12.59M $16.86M $21.31M $20.14M $40.38M $40.65M
Acquisitions - - - - $939.00K - - - - - -
Purchases of Investments $6.34M $2.54M - - - - - - - - -
Investing Cash Flow $-12.65M $-6.75M $-8.43M $-13.88M $-21.21M $-17.04M $-23.73M $-23.97M $23.57M $-51.23M $-42.52M
Stock Repurchased $4.22M $3.09M $1.96M $1.78M $13.04M $59.66M $17.68M $1.93M $13.82M $39.09M $12.65M
Financing Cash Flow $-30.79M $-16.66M $-19.76M $-34.78M $20.50M $-22.03M $-65.96M $-39.23M $-53.32M $50.37M $-4.45M
Net Change in Cash $13.61M $5.52M $-15.97M $-23.99M $5.93M $3.66M $-17.15M $21.09M $-14.13M $7.50M $2.25M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $90.55M - $280.54M -
Cost of Revenue $65.43M - $200.14M -
Gross Profit $25.12M - $80.40M -
Research & Development $6.69M - $20.88M -
Selling General & Admin $22.11M - $65.94M -
Operating Income $-4.51M - $-7.26M -
Interest Expense - - $1.71M -
Other Income/Expense $-1.00M - $-2.70M -
Income Before Tax $-5.76M - $-10.91M -
Income Tax Expense $2.57M - $6.60M -
Net Income $-8.33M $-8.19M $-17.52M -
Basic EPS -0.62 - -1.33 -
Diluted EPS -0.62 - -1.33 -
Basic Shares Outstanding $13.34M - $13.21M -
Diluted Shares Outstanding $13.34M - $13.21M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $31.51M $26.78M
Inventory $80.61M $79.36M
Other Current Assets $6.08M $9.48M
Total Current Assets $208.58M $242.49M
Property Plant & Equipment $29.33M $34.21M
Intangible Assets $22.58M $24.04M
Other Non-current Assets $3.26M $1.87M
Total Assets $280.70M $323.35M
Accounts Payable $59.20M $72.03M
Total Current Liabilities $124.72M $158.29M
Deferred Tax Liabilities $2.14M $1.93M
Other Non-current Liabilities $729.00K $723.00K
Total Liabilities $134.55M $170.25M
Retained Earnings $190.92M $208.43M
Total Stockholders Equity $146.15M $153.10M
Total Liabilities & Equity $280.70M $323.35M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-8.33M $-8.19M $-17.52M -
Depreciation & Amortization - - $11.08M -
Stock-based Compensation - - $4.27M -
Change in Receivables - - $-38.90M -
Change in Inventory - - $-1.40M -
Operating Cash Flow - - $27.84M -
Capital Expenditure - - $3.14M -
Purchases of Investments - - $2.54M -
Investing Cash Flow - - $-5.70M -
Stock Repurchased - - $780.00K -
Financing Cash Flow - - $-19.83M -
Net Change in Cash - - $4.72M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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