uCloudlink Group (UCL) Company Report

Analyst Coverage

Research analysts who have asked questions during uCloudlink Group earnings calls.

Theodore O'Neill

Litchfield Hills Research

4 questions for UCL

Also covers: ALHM, AVNW, BELFA +9 more

Vivian Zhang

Diamond Equity Research

3 questions for UCL

Theodore O'Neill

Litfield Hills Research

1 question for UCL

Wei (Vivian) Zhang

Diamond Equity Research LLC

1 question for UCL

Wei Zhang

Diamond Equity Research

1 question for UCL

Also covers: CTKYY

Latest news

Recent press releases and 8-K filings for UCL.

UCL Announces Q3 2025 Financial Results and Product Growth

UCL

Earnings

Product Launch

New Projects/Investments

UCL reported total revenues of US$21.1 million and net income of US$9.3 million for Q3 2025.
The Life business, including PetPhone, achieved a 408.2% year-over-year growth in Average Monthly Active Terminals (MAT) in Q3 2025, with PetPhone successfully launching and securing approximately 40,000 in order volume.
The IoT business line also demonstrated significant expansion, with a 583.0% year-over-year increase in MAT during Q3 2025.
To accelerate the global expansion of its Pet-Tech Business, UCL plans to establish a new operational structure and raise additional capital.

Nov 12, 2025, 1:30 PM

Presentation

UCL Reports Q3 2025 Financial Results and Operational Growth

UCL

Earnings

Guidance Update

Product Launch

uCloudlink Group reported total revenue of $21.1 million and net income of $9.3 million for Q3 2025, with overall gross margins increasing to 53.6%.
The company saw significant year-over-year growth in average monthly active users (MAUs) for its new product lines: GlocalMe IoT (593.3%), GlocalMe SYNC (188.2%), and GlocalMe LINE (382.3%). Overall average MAUs increased by 11.9% to 761,586.
New product launches include Headphone, a pet tech product, which generated orders for approximately 40,000 units after its September 2025 launch, and the MIUGO G40 Pro, with the G50 Max expected to launch.
uCloudlink revised its full-year 2025 revenue guidance to a range of $81.3 million to $85.8 million due to persistent macroeconomic challenges.

Nov 12, 2025, 1:30 PM

Transcript

UCL Reports Q3 2025 Results with Revenue Decline and Increased Net Income

UCL

Earnings

Guidance Update

Product Launch

UCL reported Q3 2025 total revenue of US$21.1 million, a 16% decrease from Q3 2024, while net income significantly increased to US$9.3 million from US$3.4 million in the prior year, largely due to an US$8 million gain from fair value of other investments. Gross margin improved to 53.6% from 48.4%.
Average monthly active users (MAUs) grew 11.9% year-over-year to 761,586 in Q3 2025, driven by strong MAU growth in Glaucoma Life (382.3%), Glaucoma Sync (188.2%), and Glaucoma IoT (593.3%). The new PetFone product, launched in September 2025, secured initial orders for approximately 40,000 units.
The company revised its full-year 2025 revenue guidance to a range of US$81.3 million to US$85.8 million, attributing the adjustment to persistent macroeconomic challenges and global trade headwinds. The Q3 2025 revenue decline was primarily due to a US$4 million decrease in product sales, including delayed orders from a Japanese customer.
UCL is increasing investments in R&D and marketing by over US$3 million compared to the previous year to accelerate innovation and commercialization of new growth engines. Mainland China revenue growth was notably driven by Chinese outbound travelers and increased 5G adoption.

Nov 12, 2025, 1:30 PM

Transcript

uCloudlink Reports Q3 2025 Results and Updates Full-Year Guidance

UCL

Earnings

Guidance Update

Product Launch

uCloudlink reported total revenue of $21.1 million for Q3 2025, a 16% decrease from $25.2 million in Q3 2024, but achieved a net income of $9.3 million for the quarter, significantly up from $3.4 million in Q3 2024, primarily due to an $8.0 million gain from the fair value of other investments.
The company saw strong user adoption in its new product lines, with average monthly active users (MAUs) for GlocalMe IoT, GlocalMe SYNC, and GlocalMe LINE increasing by 593.3%, 188.2%, and 382.3% year-over-year, respectively, contributing to an overall MAU increase of 11.9% to 761,586.
New product launches are gaining traction, including the Headphone pet tech device which generated orders for approximately 40,000 units after its September 2025 launch, and the eSYNC Trio solution which has surpassed 400,000 cumulative cars sold.
For the full year 2025, uCloudlink expects revenues to be in the range of $81.3 million-$85.8 million, revising its guidance due to persistent macroeconomic challenges. The document also states an expectation for the first quarter of year 2025 revenues between $22 million-$26.5 million, though this period would have already passed by the Q3 2025 earnings call date.

Nov 12, 2025, 1:30 PM

Transcript

UCLOUDLINK GROUP INC. Announces Unaudited Third Quarter 2025 Financial Results

UCL

Earnings

Guidance Update

Demand Weakening

UCLOUDLINK GROUP INC. reported total revenues of US$21.1 million for the third quarter of 2025, marking a 16.0% decrease from the same period in 2024.
Net income for Q3 2025 rose significantly to US$9.3 million, compared to US$3.4 million in Q3 2024, resulting in basic and diluted earnings per ADS of US$0.24.
Operationally, the company experienced growth in Q3 2025, with total data consumed increasing by 9.0% to 49,044 terabytes and average daily active users (DAU) growing by 6.1% to 352,227.
For the fourth quarter of 2025, UCLOUDLINK anticipates total revenues between US$22.0 million and US$26.5 million, and has revised its full-year 2025 revenue guidance to US$81.3 million to US$85.8 million due to persistent macroeconomic challenges.

Nov 12, 2025, 11:03 AM

6-K

UCLOUDLINK Launches PetPhone with HKT's CSL Network in Hong Kong

UCL

Product Launch

New Projects/Investments

Revenue Acceleration/Inflection

UCLOUDLINK GROUP INC. (NASDAQ: UCL) officially launched its , the world's first smartphone for pets, on September 26, 2025, following its formal procurement by CSL, a leading mobile services brand under Hong Kong Telecommunications Limited (HKT).
HKT will distribute PetPhone, featuring CSL eSIM data, through its consumer-facing mobile brand in Hong Kong, marking a significant step in UCLOUDLINK's global expansion strategy.
The PetPhone device offers real-time communication, advanced tracking, and health monitoring for pets, aiming to strengthen the bond between pets and owners.
This partnership is expected to accelerate user base growth and diversify UCLOUDLINK's revenue streams through value-added services and mobile data traffic solutions.