Ucloudlink Group reports Q2 2026 revenue of US$18.2 million

Ucloudlink Group (NASDAQ: UCL ) released second-quarter financial results and hosted an earnings call on Tuesday.

Read the complete transcript below.

APIs provide real-time access to earnings call transcripts and financial data.

Visit to learn more.

The full earnings call is available at Summary Ucloudlink Group reported total revenues of US$18.2 million for Q2 2026, impacted by macroeconomic headwinds and increased chip costs.

However, the Ucloudlink 2.0 local data connectivity business showed strong growth, with GlocalMe IoT revenue increasing by 392.4% year over year.

The company highlighted strategic growth in new product lines, including GlocalMe IoT and UniCore Pro, achieving key milestones and increasing revenue contributions.

The Pet AI ecosystem has also seen significant development, particularly in AI-powered pet care solutions.

Despite a net loss of US$3 million compared to a net income of US$0.7 million in Q2 2025, Ucloudlink Group expects revenue for Q3 2026 to be between US$19 million and US$22 million.

The full-year 2026 revenue guidance has been revised down to US$75 million to US$85 million due to ongoing macroeconomic challenges.

Full Transcript OPERATOR (Moderator) Thank you for standing by and welcome to the Ucloudlink Group second quarter 2026 earnings conference call.

All participants are in a listen-only mode.

There will be a presentation followed by a question-and-answer session.

If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad.

I would now like to hand the conference over to Mr.

Daniel Gao, company IR.

Please go ahead.

Daniel Gao, Investor Relations Thank you.

Hello everyone, and thank you for joining us on Ucloudlink Group's second quarter 2026 earnings call.

The earnings release and our earnings presentation are now available on our IR website at ir.ucloudlink.com.

Joining me on today's call are Mr.

Zhi Ping Pong, Co—Founder and Chairman of the Board of Directors, Mr.

Chao Hui Chen, Co—Founder, Director and Chief Executive Officer, and Mr.

Yi Mengshi, Chief Financial Officer.

Mr.

Chen will begin with an overview of our recent business highlights.

Ms.

Shi will then discuss our financial and operational highlights for the quarter.

They will all be available to take your questions in the Q&A session that follows.

Before we proceed, please note that this call may contain forward—looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

These forward—looking statements are based on management's current expectations and observations that involve known and unknown risks, uncertainties and other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or expectations projected or implied by these forward—looking statements.

All forward—looking statements are expressly qualified in their entirety by their cautionary statements, risk factors and details of the company's filings with the SEC.

The company does not assume any obligation to revise or update any forward—looking statement as a result of new information, future events, changes in market conditions or otherwise, except as required by law.

Please also note that Ucloudlink Group's earnings press release and this conference call include discussions of unaudited GAAP financial information and unaudited non—GAAP financial measures.

Ucloudlink's press release contains a reconciliation of their unaudited non—GAAP measures to their most directly comparable unaudited GAAP measures.

I will now turn the call over to Mr.