uCloudlink Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	81.45	91.64	85.58	71.46	73.82
Revenue Growth (YoY)	-11.12%	7.08%	19.75%	-3.20%	-17.58%
Cost of Revenue	38.77	47.27	43.61	38.93	51.99
Gross Profit	42.68	44.36	41.97	32.53	21.83
Selling, General & Admin	36.56	35.87	31.42	29.03	42.17
Research & Development	4.87	6.2	6.46	8.43	13.7
Other Operating Expenses	-6.71	-1.39	-1.56	-1	-1.5
Operating Expenses	34.72	40.68	36.32	36.46	54.37
Operating Income	7.97	3.68	5.65	-3.93	-32.54
Interest Expense	-0.2	-0.2	-0.13	-0.44	-0.19
Interest & Investment Income	0.07	0.23	0.07	0.02	0.01
Earnings From Equity Investments	-0.01	0.21	0.36	0.07	0.29
Currency Exchange Gain (Loss)	-	-0.47	-0.51	-2.52	-1.11
Other Non Operating Income (Expenses)	-	-	-	-0.15	-
EBT Excluding Unusual Items	7.83	3.46	5.43	-6.95	-33.53
Gain (Loss) on Sale of Investments	-	1.09	-2.75	-12.96	-12.36
Gain (Loss) on Sale of Assets	-	0.08	0.2	0.22	0.09
Pretax Income	7.83	4.63	2.88	-19.69	-45.8
Income Tax Expense	1.53	0.07	0.07	0.16	0.24
Net Income	6.3	4.56	2.81	-19.85	-46.04
Net Income to Common	6.3	4.56	2.81	-19.85	-46.04
Net Income Growth	38.24%	62.15%	-	-	-
Shares Outstanding (Basic)	38	38	37	31	29
Shares Outstanding (Diluted)	38	38	37	31	29
Shares Change (YoY)	0.58%	1.24%	18.96%	9.27%	10.05%
EPS (Basic)	0.17	0.12	0.08	-0.64	-1.61
EPS (Diluted)	0.17	0.12	0.08	-0.64	-1.61
EPS Growth	37.44%	60.16%	-	-	-
Free Cash Flow	2.21	5.19	4.44	3.99	-22.53
Free Cash Flow Per Share	0.06	0.14	0.12	0.13	-0.79
Gross Margin	52.41%	48.41%	49.04%	45.53%	29.58%
Operating Margin	9.78%	4.02%	6.60%	-5.50%	-44.07%
Profit Margin	7.74%	4.97%	3.28%	-27.78%	-62.37%
Free Cash Flow Margin	2.71%	5.66%	5.19%	5.59%	-30.51%
EBITDA	10.78	6.01	6.77	-2.8	-30.37
EBITDA Margin	13.23%	6.56%	7.91%	-3.92%	-41.14%
D&A For EBITDA	2.81	2.33	1.12	1.13	2.17
EBIT	7.97	3.68	5.65	-3.93	-32.54
EBIT Margin	9.78%	4.02%	6.60%	-5.50%	-44.07%
Effective Tax Rate	19.49%	1.47%	2.43%	-	-
Revenue as Reported	81.45	91.64	85.58	71.46	73.82
Advertising Expenses	-	7.14	3.92	2.22	2.85

Updated Mar 18, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q