The reaffirmed guidance for a full-year revenue decline and the worsening GAAP losses suggest no near-term catalyst for a turnaround. Monitor the next quarter for any signs of stabilization in connected home revenue or further cost-cutting measures. The stock's low market cap ($54M) and negative operating cash flow increase vulnerability to adverse macro or tariff developments.
Price Chart
Executive Summary
Universal Electronics reported Q1 2026 revenue of $79.0M, down 14.4% YoY from $92.3M, and a GAAP net loss of $7.3M ($0.58/share) vs a $6.3M loss ($0.48/share) a year ago. The company reaffirmed its full-year 2026 guidance for a revenue decline and adjusted non-GAAP EPS of $0.45-$0.65, but the deteriorating top line and widening GAAP losses signal ongoing structural headwinds in both home entertainment and connected home segments.
Key Financial Metrics
Key Facts
- Q1 2026 GAAP net sales $79.0M, down 14.4% YoY from $92.3M
- GAAP net loss widened to $7.3M ($0.58/share) from $6.3M ($0.48/share) YoY
- GAAP gross margin contracted to 26.1% from 28.3% YoY
- Connected home sales fell to $28.3M from $31.7M; home entertainment fell to $50.7M from $60.6M
- Full-year 2026 guidance reaffirmed: revenue decline YoY, adjusted non-GAAP EPS $0.45-$0.65
- Operating cash flow turned negative at -$0.8M vs +$9.0M in Q1 2025
- Cash and equivalents declined to $29.8M from $32.3M at year-end 2025
Financial Impact
Revenue decline of $13.3M YoY (14.4%) and GAAP net loss increase of $1.1M YoY
Risk Factors
- Continued secular decline in home entertainment revenue
- Connected home revenue inflection point remains elusive
- Negative operating cash flow may pressure liquidity
- Tariff and trade policy uncertainties could further impact margins
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000101984-26-000057 |
| Document: ueic-20260511.htm | 0000101984-26-000057 |
| Document: 0000101984-26-000057-index-headers.html | 0000101984-26-000057 |
| Document: 0000101984-26-000057-index.html | 0000101984-26-000057 |
| Document: 0000101984-26-000057.txt | 0000101984-26-000057 |
| 8-K Data (Synthetic) | 0000101984-26-000057 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 30, 2026 13w ago | 8-K | $4.69 $5.25 | ▲ +11.94% | ▲ +8.98% | $5.52 (+17.70%) |
Jun 22, 2026 14w ago | 8-K | $4.17 $5.14 | ▲ +23.26% | ▲ +20.02% | $5.52 (+32.37%) |
May 13, 2026 20w ago | Court Ruling | $3.85 $4.76 | ▼ −23.64% | ▼ −19.20% | $5.52 (−43.38%) |
May 11, 2026 20w ago | 8-K | $4.12 $4.80 | ▼ −16.50% | ▼ −12.12% | $5.52 (−33.98%) |
May 8, 2026 21w ago | Insider Cluster | $4.30 $4.80 | ▲ +11.63% | ▲ +6.79% | $5.52 (+28.37%) |
Apr 23, 2026 23w ago | Court Ruling | $4.12 $4.50 | ▲ +9.22% | ▲ +4.21% | $5.52 (+33.98%) |
Apr 10, 2026 25w ago | Court Ruling | $4.23 $4.74 | ▼ −12.06% | ▼ −1.73% | $5.52 (−30.50%) |
Apr 8, 2026 25w ago | DEFA14A | $4.37 $4.73 | ▲ +8.24% | ▼ −2.54% | $5.52 (+26.32%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access