Universal Electronics Inc 2025年度报告

FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromto Commission File Number: 0-21044 UNIVERSAL ELECTRONICS INC.(Exact Name of Registrant as Specified in its Charter) 33-0204817(I.R.S. EmployerIdentification No.) Delaware(State or Other Jurisdiction ofIncorporation or Organization) 15147 N. Scottsdale Road, Suite H300, Scottsdale, Arizona 85254-2494(Address of principal executive offices and zip code)(480)530-3000(Registrant's telephone number, including area code)_____________________ Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section12(g) of the Act:None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct.Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of theAct.Yes☐No☒ Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2)has been subject to such filing requirements for the past 90 days.Yes☒No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of "large accelerated filer", "accelerated filer," "smallerreporting company," and "emerging growth company"in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant on June 30, 2025, thelast business day of the registrant's most recently completed second fiscal quarter, was $74,352,689 based upon the closing sale priceof the Company's common stock as reported on the Nasdaq Stock Market for that date. On March4, 2026, 12,864,412 shares of Common Stock, par value $.01 per share, of the registrant were outstanding. DOCUMENTS INCORPORATED BY REFERENCE: Portions of the registrant's notice of annual meeting of stockholders and proxy statement (the "Proxy Statement") to be filed pursuantto Regulation 14A within 120 days after registrant's fiscal year end of December31, 2025 are incorporated by reference into Part III ofthis Form 10-K. The Proxy Statement will be filed with the Securities and Exchange Commission no later than April30, 2026. Except as otherwise stated, the information contained in this Form 10-K is as of December31, 2025. Table of Contents UNIVERSAL ELECTRONICS INC.Annual Report on Form 10-KFor the Fiscal Year Ended December31, 2025 Table of Contents ItemNumberRisk Factor Summary PART I 1 Business1A Risk Factors1B Unresolved Staff Comments1C Cybersecurity2 Properties3 Legal Proceedings4 Mine Safety Disclosures PART II 5 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities6 [Reserved]7 Management's Discussion and Analysis of Financial Condition and Results of Operations7A Quantitative and Qualitative Disclosures About Market Risk8 Financial Statements and Supplementary Data9 Changes in and Disagreements with Accountants on Accounting and