uCloudlink says 2Q 2026 revenue slips to US$ 18.2 million as macro headwinds and chip cost surge weigh on 1.0 business
UCL•Full-year guidance cut
uCloudlink cut its full-year revenue guidance to US$ 75 million-US$ 85 million.
It said 3Q revenue is seen at US$ 19 million-US$ 22 million.
IoT and product lines show growth
- GlocalMe IoT revenue rose 392.4% to US$ 0.8 million.
- The installed base reached 3,340,000 units.
- The IoT business operated profitably on a consistent basis.
- GlocalMe SIM revenue increased 78% to US$ 1.3 million.
- PetPhone revenue grew to US$ 0.2 million from US$ 0.01 million.
2Q revenue falls as 1.0 business faces pressure
uCloudlink said 2Q 2026 revenue slipped to US$ 18.2 million, down , citing macro headwinds, weakness in China outbound travel, and higher memory chip costs.
