10-K · March 12, 2026
Universal Electronics reported net sales of $368.3M in 2025 (down 6.7% from $394.9M in 2024) while improving profitability and cash generation: operating loss narrowed to $6.4M in 2025 from $15.3M in 2024 and net cash…
Earnings analysis · 10-Q
UEIC earnings analysis
Filed May 11, 2026 · Our reading of the company's report
The latest report
Universal Electronics reported Q1 2026 revenue of $79.0 million, a notable decrease of 14.4% from $92.3 million in the prior year. Gross margins also saw a decline to 26.1% from 28.3% year-over-year, while the operating…
Read full summary
Universal Electronics reported Q1 2026 revenue of $79.0 million, a notable decrease of 14.4% from $92.3 million in the prior year. Gross margins also saw a decline to 26.1% from 28.3% year-over-year, while the operating loss worsened slightly to $3.9 million from a loss of $3.8 million in the same quarter last year. The company reaffirmed its full-year guidance despite these challenges, highlighting increased operational efficiencies but continued pressures from tariffs and reduced consumer demand.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.58
What stood out
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Revenue Declines by 14.4% YoY
Net sales decreased to $79.0 million from $92.3 million in Q1 2025.
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Gross Margin Falls to 26.1%
Gross margin percentage decreased from 28.3% in the prior year to 26.1%.
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Operational Cost Reductions Realized
Operating expenses as a percentage of net sales reduced to 31.0% from 32.3%.
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Inventory Management Improvement
Inventory decreased by $9.8 million, a significant improvement compared to the previous decrease of $3.0 million.
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Reduced Interest Expense
Interest expense decreased to $0.1 million from $0.4 million due to lower average loan balances.
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Reaffirmed Guidance Amidst Challenges
Company maintains full-year guidance for 2026, projecting adjusted EPS of $0.45-$0.65.
What to watch
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Continuing Operating Losses
Operating loss increased to $3.9 million in Q1 2026 compared to $3.8 million in Q1 2025.
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Increased Net Loss Compared to Last Year
Net loss reported at $7.3 million, up from $6.3 million in Q1 2025.
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Adverse Macro Conditions Impact Sales
Expected negative impacts from tariffs and reduced consumer spending may further affect sales.
Management's outlook
Outlook deferred to earnings press release / call.
Earlier filings 4
10-Q · August 8, 2025
Universal Electronics posted quarter-over-quarter improvement versus the prior year quarter: net sales rose to $97,665 (thousands) from $90,452 (thousands) and the company returned to operating income of $1,008…
10-K · March 11, 2025
Universal Electronics reported FY2024 net sales of $394.9 million (down 6.1% vs. 2023) while materially improving gross margin to 28.9% (from 23.2%) and narrowing operating loss to $15.3 million (from $85.3 million).…
10-Q · November 7, 2024
Universal Electronics reported Q3 net sales of $102,073 and a gross profit of $30,732, driving operating income of $418 and diluted loss per share of $(0.20). Revenue declined vs. the prior year quarter, but margins and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.