UTStarcom Holdings Corp. balance sheet UTSI

Annual Quarterly

As of Dec 31, 2025, UTStarcom Holdings Corp. had total assets of $55.9 million and total liabilities of $19.4 million. Total assets were down 18.0% from a year earlier. Stockholders' equity was $36.5 million. It held $34.5 million in cash and investments against $1.1 million of total debt, net cash of $33.4 million. The current ratio, current assets divided by current liabilities, was 2.86.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Assets
Cash
34
-23.0%
44
-12.1%
50
-8.3%
55
+1.3%
54
+57.2%
34
-2.1%
35
-38.7%
57
-28.5%
80
-5.0%
84
+8.9%
Short-term investments
1
+324.8%
0
—
—
—
2
+0.2%
2
-33.3%
—
3
+556.2%
0
-79.2%
Long-term investments
—
—
—
—
0
0
-100.0%
3
-40.1%
5
-10.8%
6
-24.5%
8
-60.3%
Cash and investments
35
-21.7%
44
-11.8%
50
-8.3%
55
-2.5%
54
+57.2%
36
-9.6%
40
-38.6%
62
-27.3%
89
-3.7%
92
-6.8%
Receivables
—
5
-42.1%
8
-29.4%
12
-56.8%
27
-44.7%
50
-36.2%
78
+28.3%
61
+258.7%
17
-7.7%
18
+2.2%
Inventory
1
-31.7%
2
+143.4%
1
-37.4%
1
-17.4%
2
-77.0%
7
+9.0%
6
-76.7%
26
+54.0%
17
-24.1%
23
+29.2%
Total current assets
52
-18.3%
63
-10.7%
71
-13.7%
82
-16.4%
98
-11.0%
110
-19.8%
137
-14.4%
160
-4.0%
167
+2.3%
163
+0.9%
Property and equipment, net
1
+48.9%
0
-22.0%
1
+1.0%
1
+0.3%
1
-2.9%
1
-43.2%
1
-13.2%
1
-26.6%
2
+6.5%
2
+6.6%
Total assets
56
-18.0%
68
-12.0%
77
-13.2%
89
-17.6%
108
-8.8%
119
-21.5%
151
-14.7%
177
-5.1%
187
+4.7%
179
-9.9%
Liabilities and equity
Accounts payable
4
-40.5%
7
-11.9%
8
-38.7%
13
-31.8%
19
-24.2%
25
-18.6%
31
-39.2%
51
+84.9%
27
+22.1%
22
+37.1%
Total current liabilities
18
-16.3%
22
-8.0%
23
-18.9%
29
-18.6%
35
-11.5%
40
-18.3%
49
-29.7%
70
-20.9%
88
+1.3%
87
-10.9%
Total liabilities
19
-15.5%
23
-12.0%
26
-17.8%
32
-20.4%
40
-3.4%
41
-20.7%
52
-30.8%
75
-21.6%
96
+0.1%
96
-16.3%
Stockholders' equity
36
-19.3%
45
-12.0%
51
-10.6%
57
-15.9%
68
-11.7%
77
-22.0%
99
-2.9%
102
+12.3%
91
+10.0%
83
-1.2%
Debt
Lease liabilities
1
-28.8%
2
-44.2%
3
-8.9%
3
-36.4%
5
+233.1%
1
-50.2%
3
—
—
—
Total debt
1
-28.8%
2
-44.2%
3
-8.9%
3
-36.4%
5
+233.1%
1
-50.2%
3
—
—
—
Net cash
33
-21.4%
42
-9.8%
47
-8.3%
51
+0.8%
49
+49.3%
35
-6.4%
37
—
—
—
Ratios
Current ratio
2.86x
2.93x
3.02x
2.84x
2.76x
2.74x
2.80x
2.29x
1.89x
1.87x
Debt to equity
0.03x
0.04x
0.06x
0.05x
0.07x
0.02x
0.03x
—
—
—
Return on equity
-21.78%
-9.66%
-7.49%
-8.70%
-8.53%
-30.59%
-3.95%
4.72%
7.67%
0.16%
Return on assets
-14.22%
-6.40%
-4.97%
-5.61%
-5.38%
-19.94%
-2.59%
2.72%
3.73%
0.07%
Book value per share
3.97
4.94
5.64
6.33
7.57
2.16
2.79
2.89
2.56
2.35
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Communications Equipment, NEC (SIC 3669)
Listed as
UTSI (Nasdaq)
Fiscal year ends
December 31
Incorporated in
Cayman Islands
Headquarters
Hangzhou, P.R., China
SEC filer status
Non-accelerated filer
SEC CIK
1030471
Former names
UTSTARCOM INC (until Jul 8, 2011)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.