UNIVERSAL ELECTRONICS INC UEIC

Technology SIC 3651 - Household Audio & Video Equipment NAICS Manufacturing › Computer and Electronic Product Manufacturing › Audio and Video Equipment Manufacturing derived Nasdaq

Universal Electronics Inc. ("UEI", "we", "our", "us", or the "Company") was incorporated under the laws of Delaware in 1986 and began operations in 1987. The principal executive offices are located at 15147 N. Scottsdale Road, Suite H300, Scottsdale, Arizona 85254. As used herein, the terms "we", "us" and "our" refer to UEI and its subsidiaries unless the context indicates the contrary.

Our business is comprised of one reportable segment. We have two domestic subsidiaries and 22 international subsidiaries located in Brazil, France, Germany, Hong Kong (3), India, Italy, Japan, Korea, Mexico (2), the Netherlands, the People's Republic of China (the "PRC") (5), Singapore, Spain, United Kingdom and Vietnam.

Last close 5.24 2026-10-23
Market cap $67.5M 2026-06-30 share count
52-week range 2.69 - 5.99

Valuation FY2025 figures against the last close

P/S0.2x
P/E—
P/FCF3.4x
EV/EBITDA8.7x
Dividend yield—
Diluted EPS-1.41

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Europe
  • Asia (excluding the PRC)
  • PRC
  • Latin America
  • Other
Revenue by geography, 6 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 110.6M (30.0%) 30% United States Europe, FY2025: 98.1M (26.6%) 27% Europe Asia (excluding the PRC), FY2025: 81.2M (22.0%) 22% Asia (excluding the PRC) PRC, FY2025: 32.5M (8.8%) 9% PRC Latin America, FY2025: 24.1M (6.6%) 7% Other, FY2025: 21.8M (5.9%) 6% Other FY2024 United States, FY2024: 106.7M (27.0%) 27% Europe, FY2024: 90.6M (22.9%) 23% Asia (excluding the PRC), FY2024: 78.2M (19.8%) 20% PRC, FY2024: 60.3M (15.3%) 15% Latin America, FY2024: 34.4M (8.7%) 9% Other, FY2024: 24.5M (6.2%) 6% FY2023 United States, FY2023: 129.5M (30.8%) 31% Europe, FY2023: 90.2M (21.5%) 21% Asia (excluding the PRC), FY2023: 85.3M (20.3%) 20% PRC, FY2023: 63.3M (15.1%) 15% Latin America, FY2023: 28.9M (6.9%) 7% Other, FY2023: 23.2M (5.5%) 6%
Region FY2025FY2024FY2023
United States $110.6M $106.7M $129.5M
Europe $98.1M $90.6M $90.2M
Asia (excluding the PRC) $81.2M $78.2M $85.3M
PRC $32.5M $60.3M $63.3M
Latin America $24.1M $34.4M $28.9M
Other $21.8M $24.5M $23.2M

As the company reported it, from the “Revenue and Accounts Receivable, Net - Schedule of Net Sales to External Customers by Geographic Areas (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $368.3M$394.9M$420.5M$542.8M$601.6M$614.7M$753.5M$680.2M$695.8M$651.4M
Cost of revenue $261.8M$280.9M$322.9M$390.5M$428.6M$438.4M$583.3M$538.4M$530.1M$487.2M
Gross profit $106.5M$114.0M$97.6M$152.3M$173.0M$176.3M$170.2M$141.8M$165.7M$164.1M
R&D $26.3M$29.7M$31.3M$32.5M$30.9M$31.4M$29.4M$23.8M$21.4M$19.9M
SG&A $85.4M$91.8M$98.5M$105.3M$118.8M$107.5M$125.5M$119.7M$127.5M$114.4M
Operating income -$6.4M-$15.3M-$85.3M$14.5M$23.3M$37.3M$15.3M-$1.7M$10.7M$25.4M
Pre-tax income -$12.0M-$18.6M-$92.3M$11.4M$16.1M$43.9M$10.4M$26.2M$7.3M$25.2M
Income tax $6.6M$5.4M$6.0M$11.0M$10.8M$5.3M$6.8M$14.2M$17.6M$4.8M
Net income -$18.6M-$24.0M-$98.2M$407.0K$5.3M$38.6M$3.6M$11.9M-$10.3M$20.4M
EPS, basic -1.41-1.85-7.640.030.392.780.260.85-0.721.41
EPS, diluted -1.41-1.85-7.640.030.392.720.260.85-0.721.38
Shares, diluted (wtd. avg.) 13.2M13.0M12.9M12.8M13.7M14.2M14.1M14.1M14.4M14.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $32.3M$26.8M$42.8M$66.7M$60.8M$57.2M$74.3M$53.2M$67.3M$59.8M
Receivables $70.4M$91.5M$112.6M$112.3M$120.6M$120.7M$128.8M$131.9M$140.7M$119.5M
Inventory $77.8M$79.4M$88.3M$140.2M$134.5M$120.4M$145.1M$144.3M$162.6M$129.9M
Total current assets $205.1M$242.5M$258.9M$338.0M$337.1M$326.8M$378.8M$380.5M$407.3M$324.2M
Property, plant and equipment $25.8M$32.9M$41.9M$62.8M$74.6M$87.3M$90.7M$95.8M$111.0M$105.4M
Goodwill ——$0$49.1M$48.5M$48.6M$48.4M$48.5M$48.7M$43.1M
Other intangibles $22.0M$24.0M$25.3M$24.5M$20.2M$19.7M$19.8M$24.4M$29.0M$28.5M
Total assets $274.0M$323.4M$355.9M$504.2M$510.3M$510.3M$564.2M$555.6M$608.4M$521.0M
Accounts payable $48.9M$72.0M$57.0M$71.4M$92.7M$83.2M$102.6M$107.3M$119.2M$97.2M
Total current liabilities $119.3M$158.3M$161.1M$216.5M$216.8M$179.5M$266.5M$279.9M$332.9M$215.9M
Total liabilities $127.8M$170.2M$177.0M$235.8M$234.4M$197.0M$289.8M$292.6M$354.9M$240.5M
Retained earnings $189.8M$208.4M$232.5M$330.7M$330.3M$325.0M$286.4M$282.8M$266.8M$275.6M
Total equity $146.2M$153.1M$178.9M$268.4M$275.9M$313.3M$274.4M$263.0M$257.6M$280.5M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $23.6M$14.8M$25.2M$10.9M$40.3M$73.4M$85.3M$12.9M$9.2M$49.5M
Depreciation and amortisation $14.2M$18.1M$22.9M$24.0M$26.7M$29.7M$31.9M$33.6M$31.3M$27.0M
Stock-based compensation $5.1M$6.7M$8.8M$10.0M$10.0M$9.1M$8.8M$8.8M$11.9M$10.3M
Capital expenditure $3.9M$4.6M$8.1M$14.0M$12.6M$16.9M$21.3M$20.1M$40.4M$40.7M
Investing cash flow -$6.8M-$8.4M-$13.9M-$21.2M-$17.0M-$23.7M-$24.0M$23.6M-$51.2M-$37.7M
Financing cash flow -$16.7M-$19.8M-$34.8M$20.5M-$22.0M-$66.0M-$39.2M-$53.3M$50.4M-$4.4M
Buybacks $3.1M$2.0M$1.8M$13.0M$59.7M$17.7M$1.9M$13.8M$39.1M$12.6M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-147716.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -250M 0 250M 500M 750M 1B Revenue, FY2016: 651.4M Gross profit, FY2016: 164.1M Net income, FY2016: 20.4M Revenue, FY2017: 695.8M Gross profit, FY2017: 165.7M Net income, FY2017: -10.3M Revenue, FY2018: 680.2M Gross profit, FY2018: 141.8M Net income, FY2018: 11.9M Revenue, FY2019: 753.5M Gross profit, FY2019: 170.2M Net income, FY2019: 3.6M Revenue, FY2020: 614.7M Gross profit, FY2020: 176.3M Net income, FY2020: 38.6M Revenue, FY2021: 601.6M Gross profit, FY2021: 173M Net income, FY2021: 5.3M Revenue, FY2022: 542.8M Gross profit, FY2022: 152.3M Net income, FY2022: 407K Revenue, FY2023: 420.5M Gross profit, FY2023: 97.6M Net income, FY2023: -98.2M Revenue, FY2024: 394.9M Gross profit, FY2024: 114M Net income, FY2024: -24M Revenue, FY2025: 368.3M Gross profit, FY2025: 106.5M Net income, FY2025: -18.6M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $651.4M $695.8M $680.2M $753.5M $614.7M $601.6M $542.8M $420.5M $394.9M $368.3M
Gross profit $164.1M $165.7M $141.8M $170.2M $176.3M $173.0M $152.3M $97.6M $114.0M $106.5M
Net income $20.4M -$10.3M $11.9M $3.6M $38.6M $5.3M $407.0K -$98.2M -$24.0M -$18.6M

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material agreement signed Item 1.01
  • Officer or director change Item 5.02
  • Other event Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Material agreement signed Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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