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UCL Financials uCloudlink Group Inc.

8 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 2.5% per year over the past 5 years.

Financial health

  • The company holds more cash ($33M) than total debt ($7M).
  • Total debt has grown in line with revenue (4.1% vs 2.5% per year).
  • Operating income covered interest expense 41× in the latest year.
  • Total debt is 0.9× EBITDA.
Revenue & net income
-$63M $14M $92M $0 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-62% -5% 52% 0% 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$24M -$9M $5M $0 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $19M $37M 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$35M -$4M $27M $0 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $81M $6M 52.4% 9.8% $2M $7M $33M
2024 $92M $5M 48.4% 4.8% $5M $7M $30M
2023 $86M $3M 49.0% 3.0% $4M $23M
2022 $71M -$20M 45.5% -26.9% $4M $15M
2021 $74M -$46M 29.6% -62.2% -$23M $8M
2020 -$63M -$3M $22M
2019 $5M $3M $37M
2018 -$27M -$24M

Valuation over time

How the market has priced UCL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 137.4 274.9 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 11.0 22.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is UCL growing its revenue and profit?

Over the past 5 years, uCloudlink Group Inc.'s revenue has grown 2.5% per year. These are computed facts, not advice.

How much debt does UCL have?

As of FY2025, uCloudlink Group Inc. reported $7M of total debt against $33M of cash; operating income covered interest expense 41×.

What is UCL's profit margin?

In FY2025, gross margin was 52.4%, operating margin 9.8%, and net margin 7.7%.

What is UCL's P/E ratio?

As of Jun '26, uCloudlink Group Inc. traded at a price-to-earnings ratio of about 57.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.