UEICNasdaqHousehold Audio & Video EquipmentUS GAAP · USD

Universal Electronics Inc

Universal Electronics Inc. designs and supplies control and connectivity products for the home, including remote controls, smart-home control devices, thermostats, and related software services. The company operates through a single reportable segment with a global footprint spanning the United States, Europe, Asia, and Latin America, supported by subsidiaries, R&D teams, and manufacturing facilities across multiple countries.

Kysy yhtiöstä
Liikevaihto368milj. USD
−6,7 %v/v
Liikevoitto (EBIT)−6,4milj. USD
+58,1 %v/v
EBIT-marginaali−1,7%
+2,1 %-yks.v/v
Nettotulos−18,6milj. USD
+22,6 %v/v
Vapaa kassavirta19,8milj. USD
+92,7 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2000200400600800milj. USD2020: 156 milj. USD2020: EBIT 13 milj. USD20202021: 602 milj. USD2021: EBIT 23 milj. USD20212022: 543 milj. USD2022: EBIT 15 milj. USD20222023: 420 milj. USD2023: EBIT −85 milj. USD20232024: 395 milj. USD2024: EBIT −15 milj. USD20242025: 368 milj. USD2025: EBIT −6,4 milj. USD2025368−6,4
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Universal Electronics Inc

Liiketoiminta

Osuus liikevaihdosta
Home entertainment control40 %

Remote controls and related accessories used to control TVs, set-top boxes, and streaming devices.

Climate control30 %

Thermostat platforms and HVAC control products for residential and commercial systems.

Connected home and security15 %

Control products and technologies for smart home, security, and automation devices.

Software and cloud services10 %

QuickSet, QuickSet Cloud, and lifecycle device-management services for interoperability and personalization.

Intellectual property licensing5 %

Licensing of device libraries, firmware, and control technologies to OEMs and service providers.

Tuotteet

Raportoitu · osuus liikevaihdosta
66,0%34,0%FY2025100 %
  • Home Entertainment66,0 %
  • Connected Home34,0 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

UEI sells to video service providers, OEMs, retailers, private label customers, and independent distributors that integrate its control technologies into consumer and home systems. Its customer base also includes HVAC OEMs, smart TV brands, and connected-home brands that use UEI products and software to simplify setup, interoperability, and device control.

Video service providers

Buy remote controls and software that support set-top boxes, streaming devices, and TV platforms.

Consumer electronics OEMs

Buy interoperability software, device libraries, and control solutions for TVs and media devices.

HVAC OEMs

Buy smart thermostat platforms and control technologies for residential and commercial climate systems.

Retail and private label

Buy universal remotes and accessory products for resale through consumer channels.

Smart home and security brands

Buy connected-home control products and embedded software for automation and security use cases.

Strategia

UEI is focused on expanding its climate-control franchise, broadening QuickSet Cloud and AI-enabled software offerings, and winning design slots with major OEMs across entertainment, HVAC, and smart home markets. It also aims to deepen its manufacturing and technology footprint in standards such as Matter, Thread, WiFi6, and Z-Wave Long Range while using partnerships and acquisitions to add capabilities.

Build a larger climate-control pipelineKeskipitkä aikaväli

HVAC control is a strategic growth area and deepens UEI's OEM relationships.

Expand software and cloud licensingKeskipitkä aikaväli

Software can increase recurring revenue and strengthen interoperability across devices.

Broaden connected-home product offeringsKeskipitkä aikaväli

New categories can extend the company beyond traditional remote controls.

Maintain global manufacturing flexibilityLyhyt aikaväli

A diversified footprint helps manage supply chain and tariff exposure.

Maantiede

Q1/2026

UEI operates globally, with subsidiaries in North America, Europe, Asia, and Latin America and R&D teams in the U.S., Europe, the PRC, and India. Manufacturing is diversified across Vietnam, the PRC, and Brazil, which ties the business to international supply chains and trade policy exposure.

Europe37 %
USA36 %
Kina13 %
Latin America8,3 %
Other countries (US filing)5,2 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

UEI is exposed to customer concentration, consumer demand swings, and trade-policy risk because its products are sold into cyclical electronics and HVAC channels and manufactured across tariff-sensitive countries. The business also faces cybersecurity, privacy, and intellectual-property risks because its products and cloud services depend on connected devices, software, and proprietary data.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Tariffs and trade policy changes1Customer concentration2Cybersecurity and data privacy3Consumer demand volatility4Design-win and technology adoption risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Tariffs and trade policy changesVaikutus: KorkeaTodennäköisyys: Korkea

    Manufacturing and sourcing are spread across Vietnam, the PRC, Mexico, and Brazil.

    Kohdistuu: Imported goods and cross-border supply chains may face higher duties and delays.

  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A limited number of large OEMs and service providers can account for significant sales.

    Kohdistuu: Daikin Industries Ltd. represented more than 10% of net sales in recent years.

  3. Cybersecurity and data privacyVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Cloud services, device data, and customer information must be protected across systems.

    KohdistuuQuickSet CloudLifecycle servicesConnected-home deployments
  4. Consumer demand volatilityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Demand for control products depends on consumer electronics and durable-goods cycles.

    Kohdistuu: Remote controls and accessory products are tied to device replacement and adoption cycles.

  5. Design-win and technology adoption riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    OEM programs can be delayed, redesigned, or lost to competitors.

    KohdistuuHVACTV OSBroadband gatewaySmart-home platforms
Kysy Clarifolta: Universal Electronics Inc

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Custom products may be recognized over time, while standard goods are recognized at transfer.

Vaikutus: Can shift revenue and margin timing between periods.

Inventory valuation

Consumer electronics and control products can become obsolete or require reserves.

Vaikutus: Affects gross margin and working capital.

Impairment of long-lived assets, intangibles, and goodwill

Acquired or capitalized assets must be tested when conditions change.

Vaikutus: Can lead to noncash charges that reduce earnings.

Patent development costs

UEI capitalizes development spending tied to patents and technology.

Vaikutus: Influences investing cash flow and asset balances.

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Päivitetty: 24.9.2026