UTStarcom Holdings financials
$2.35−0.21%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.0M | $10.9M | $15.8M | $14.1M | $15.9M | $24.3M | $65.6M | $115.9M | $98.3M | $86.5M |
| Gross profit | $1.1M | $2.9M | $4.4M | $2.7M | -$1.1M | $3.5M | $24.2M | $32.3M | $33.1M | $28.4M |
| Gross margin | 11.7% | 26.7% | 27.9% | 19.0% | −6.8% | 14.5% | 36.8% | 27.8% | 33.7% | 32.8% |
| Operating income | -$8.6M | -$7.3M | -$6.8M | -$4.4M | -$5.3M | -$23.2M | -$6.1M | $4.4M | $6.5M | $1.7M |
| Net income | -$8.0M | -$4.4M | -$3.9M | -$5.0M | -$5.8M | -$23.7M | -$3.9M | $4.8M | $7.0M | $290.0K |
| Net margin | −88.5% | −40.2% | −24.4% | −35.6% | −36.6% | −97.4% | −6.0% | 4.2% | 7.1% | 0.3% |
| Diluted EPS | $-0.87 | $-0.48 | $-0.42 | $-0.55 | $-0.65 | $-2.64 | $-0.44 | $0.52 | $0.76 | $0.04 |
| EBITDA | -$8.3M | -$7.1M | -$6.6M | -$3.2M | -$3.5M | -$21.2M | -$3.5M | $5.1M | $7.1M | $2.9M |
| Operating cash flow | -$8.8M | -$4.5M | -$4.5M | $7.3M | $19.8M | -$3.4M | -$24.1M | -$26.1M | $3.8M | $5.7M |
| Free cash flow | -$9.2M | -$4.6M | -$4.7M | $7.0M | $19.5M | -$3.5M | -$24.7M | -$26.3M | $3.1M | $4.2M |
| Diluted shares | 9.2M | 9.2M | 9.1M | 9.1M | 9.0M | 9.0M | 8.9M | 9.1M | 9.0M | 9.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $33.8M | $43.9M | $50.0M | $54.5M | $53.8M | $34.2M |
| Short-term investments | $701.0K | $165.0K | $0.00 | $0.00 | — | $2.1M |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total assets | $55.9M | $68.2M | $77.5M | $89.2M | $108.3M | $118.7M |
| Total liabilities | $19.4M | $23.0M | $26.1M | $31.8M | $39.9M | $41.3M |
| Shareholders' equity | $36.5M | $45.2M | $51.4M | $57.5M | $68.4M | $77.4M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology