UTStarcom
Building optical transport and broadband-access networks for carriers.
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Profile
Sells telecom-network equipment and services for optical transport, broadband access, data, voice and video networks. Its sales are concentrated in Japan, India and China, while it develops AI-networking products for data-center infrastructure.
Supplies optical-networking and broadband-access equipment and services for high-speed data, voice and video networks. Its current product families include Converged Packet Transport, router and packet-transport platforms, wireline access, Carrier Wi-Fi and SDN Controller software.
Equipment and Services are the reporting segments, with sales concentrated in Japan, India and China. Development has shifted toward AI-networking products for data-center infrastructure, drawing on optical communications, networking, and hardware/software design.
Carrier deployment demand in those markets and competition shape the business. The AI-networking work remains a product-development direction rather than a separately reported business line.
Company facts
Key statistics
Year to date −2.5% · Average volume (30d) 8.0K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 14, 2026 | — | — | — | — | $3.4M | — | −2.02% |
| Mar 20, 2026Q4 FY25 | — | −$0.26 | — | — | $5.2M | — | −1.20% |
| Mar 24, 2025Q4 FY24 | — | −$0.26 | — | — | $5.2M | — | 0.00% |
| Sep 5, 2024Q2 FY24 | — | −$0.11 | — | — | $2.9M | — | +0.82% |
Financial highlights
| 12 quarters | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.6M | $2.6M | $2.3M | $2.3M | $2.2M | $9.0M | |
| Gross profit | $595.5K | $595.5K | $375.5K | $375.5K | $150.0K | $1.1M | |
| Operating income | −$1.9M | −$1.9M | −$2.1M | −$2.1M | −$2.2M | −$8.6M | |
| Net income | −$1.2M | −$1.2M | −$1.9M | −$1.9M | −$2.1M | −$8.0M | |
| Diluted EPS | −$0.13 | −$0.13 | −$0.20 | −$0.20 | −$0.23 | −$0.87 | |
| Gross margin | 23.1% | 23.1% | 16.2% | 16.2% | 6.9% | 11.7% | |
| Operating margin | -72.3% | -72.3% | -89.6% | -89.6% | -101.4% | -95.3% |
Fiscal years (4-quarter sums)FY21 $23.9M · FY22 $17.8M · FY23 $15.8M · FY24 $10.9M · FY25 $15.8M
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $29.2M · Total debt $572.0K · Total assets $47.6M · Shareholders' equity $30.8M
Dividends
No dividends on record.
Ownership
Shares outstanding 9.49M · Float 3.24M · 34.1% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Renaissance Technologies LLC | 57.6K | 0.61% | 13F | May 14, 2026 |
| Geode Capital Management, LLC | 12.2K | 0.13% | 13F | May 15, 2026 |
| Susquehanna International Group, LLP | 12.1K | 0.13% | 13F | May 15, 2026 |
| N.E.W. Advisory Services LLC | 1.8K | 0.02% | 13F | May 5, 2026 |
| UBS Group AG | 1.6K | 0.02% | 13F | May 5, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Sean Shao | director | −14,533 | $2.38 |
| Mar 31, 2026 | Sean Shao | director | −6,000 | $2.32 |
| Mar 30, 2026 | Sean Shao | director | −13,994 | $2.43 |
Peers
- Ciena
Packet-optical transport and AI-ready connectivity for carriers
- Nokia (ADR)
Optical transport, fiber access, and AI-era network automation
- Cisco Systems
Service-provider routing, routed optics, and AI connectivity
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| UTStarcom | $2.25 | −2.17% | $22.0M | — | — | 1.4 | — |
| Ciena | $379.00 | +0.24% | $53.57B | 126.1 | 48.3 | 9.6 | +39.5% |
| Nokia (ADR) | $10.18 | −0.29% | $55.14B | 71.4 | 24.3 | 2.5 | +2.3% |
| Cisco Systems | $109.95 | +0.01% | $433.28B | 33.0 | 21.4 | 6.8 | +17.6% |
| Median | 71.4 | 24.3 | 6.8 | +17.6% |