uCloudlink Group (UCL) Financial Statements & Analysis

uCloudlink Group (UCL) Income Statement

uCloudlink Group reported revenue of $81.45M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 11.1% from $91.64M a year earlier. Net income was $6.30M, up 38.2% year over year, a net margin of 7.7%. Gross margin was 52.4% and operating margin 9.8%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $18.23M, down 5.9% from the same quarter a year earlier.

uCloudlink Group Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

uCloudlink Group Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	81.45	91.64	85.58	71.46	73.82	89.57	158.38	126.40	85.85
Cost of Revenue	38.77	47.27	43.61	38.93	51.99	61.26	93.46	80.24	56.31
Gross Profit	42.68	44.36	41.97	32.53	21.83	28.31	64.92	46.16	29.53
Operating Expenses
Research & Development	4.87	6.20	6.46	8.43	13.70	26.36	15.11	20.40	13.26
Selling, General & Administrative	36.56	35.87	31.42	29.03	42.17	72.48	44.59	49.58	33.86
Operating Expenses	34.72	39.98	39.38	36.53	54.86	91.29	59.41	69.28	47.08
Operating Income	7.97	4.39	2.59	-3.99	-33.02	-62.98	5.51	-23.17	-16.14
Other Income/Expense
Interest Income	0.07	0.23	0.07	0.02	0.01	0.04	0.19	0.44	0.17
Interest Expense	-0.20	-0.20	-0.13	0.44	0.19	0.29	0.44	3.39	3.30
Other Income/Expense	6.59	2.13	-1.56	-15.70	-12.89	-0.25	-0.25	-2.95	-3.13
Income
Income Before Tax	7.83	4.63	2.88	-19.69	-46.08	-63.23	5.26	-26.12	-19.26
Income Tax Expense	1.53	0.07	0.07	0.16	0.24	0.19	0.06	3.44	0.00
Net Income	6.30	4.56	2.81	-19.85	-46.04	-63.42	5.21	-26.56	-19.26
Net Income - Continuous Operations	6.30	4.56	2.81	-19.85	-46.04	-63.42	5.21	-26.56	-19.26
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	5.51	6.01	6.77	-18.34	-43.73	-60.68	8.75	-17.41	-10.26
EBIT	2.70	3.68	5.65	-3.93	-45.90	-68.11	-	-	-
Depreciation & Amortization	2.81	2.33	1.12	0.98	2.17	2.27	3.04	5.32	5.70
Earnings Per Share
Basic EPS	-	-	-	-1.00	-2.00	-2.00	-	-1.00	-1.00
Diluted EPS	-	-	-	-1.00	-2.00	-2.00	-	-1.00	-1.00
Basic Shares Outstanding	37.85	37.63	37.17	31.25	28.60	25.99	28.46	26.15	16.23
Diluted Shares Outstanding	37.85	37.63	37.17	31.25	28.60	25.99	28.46	26.15	16.23

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About uCloudlink Group Financial Statements

What was uCloudlink Group's revenue in fiscal 2025?

uCloudlink Group reported revenue of $81.45M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 11.1% from $91.64M a year earlier.

Is uCloudlink Group profitable?

Yes. uCloudlink Group earned net income of $6.30M in fiscal 2025, a net margin of 7.7%. In fiscal 2024 it earned $4.56M.

What is uCloudlink Group's operating margin?

uCloudlink Group's operating income was $7.97M on revenue of $81.45M in fiscal 2025, an operating margin of 9.8%, compared with 4.8% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition