🚀 VC round data is live in beta, check it out!
- Public Comps
- Yubico
Yubico Valuation Multiples
Discover revenue and EBITDA valuation multiples for Yubico and similar public comparables like Digital Arts, BTQ Technologies, Hillstone Networks, Rapid7 and more.
Yubico Overview
About Yubico
Yubico AB is a leader in setting standards for secure access to computers, mobile devices, servers, browsers, and internet accounts. Yubico is a creator and core contributor to the FIDO2, WebAuthn, and FIDO Universal 2nd Factor (U2F) open authentication standards, and is a pioneer in delivering modern, hardware-based passkey authentication security at scale to customers in over 160 countries. The company is a cybersecurity company and the inventor of the YubiKey, which offers the gold standard for phishing-resistant multi-factor authentication (MFA).
Founded
2007
HQ

Employees
456
Website
Sectors
Financials (LTM)
EV
$369M
Yubico Financials
Yubico reported last 12-month revenue of $247M and EBITDA of $27M.
In the same LTM period, Yubico generated $192M in gross profit, $27M in EBITDA, and $17M in net income.
Revenue (LTM)
Yubico P&L
In the most recent fiscal year, Yubico reported revenue of $249M and EBITDA of $25M.
Yubico expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $247M | XXX | $249M | XXX | XXX | XXX |
| Gross Profit | $192M | XXX | $182M | XXX | XXX | XXX |
| Gross Margin | 78% | XXX | 73% | XXX | XXX | XXX |
| EBITDA | $27M | XXX | $25M | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 10% | XXX | XXX | XXX |
| EBIT Margin | 10% | XXX | 9% | XXX | XXX | XXX |
| Net Profit | $17M | XXX | $14M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 6% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Yubico Stock Performance
Yubico has current market cap of $460M, and enterprise value of $369M.
Market Cap Evolution
Yubico's stock price is $5.32.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $369M | $460M | -0.8% | XXX | XXX | XXX | $0.17 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialYubico Valuation Multiples
Yubico trades at 1.5x EV/Revenue multiple, and 13.7x EV/EBITDA.
EV / Revenue (LTM)
Yubico Financial Valuation Multiples
As of April 5, 2026, Yubico has market cap of $460M and EV of $369M.
Equity research analysts estimate Yubico's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Yubico has a P/E ratio of 27.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $460M | XXX | $460M | XXX | XXX | XXX |
| EV (current) | $369M | XXX | $369M | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | 13.7x | XXX | 14.5x | XXX | XXX | XXX |
| EV/EBIT | 15.1x | XXX | 16.1x | XXX | XXX | XXX |
| EV/Gross Profit | 1.9x | XXX | 2.0x | XXX | XXX | XXX |
| P/E | 27.4x | XXX | 31.8x | XXX | XXX | XXX |
| EV/FCF | 22.4x | XXX | 13.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Yubico Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Yubico Margins & Growth Rates
Yubico's revenue in the last 12 month grew by 1%.
Yubico's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.4M for the same period.
Yubico's rule of 40 is 16% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Yubico's rule of X is 20% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Yubico Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | (4%) | XXX | XXX | XXX |
| EBITDA Margin | 11% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Growth | 29% | XXX | 25% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 16% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 20% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 40% | XXX | 40% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 15% | XXX | 16% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 14% | XXX | 14% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 65% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Yubico Public Comps
See public comps and valuation multiples for other Cybersecurity comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Digital Arts | XXX | XXX | XXX | XXX | XXX | XXX |
| BTQ Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Hillstone Networks | XXX | XXX | XXX | XXX | XXX | XXX |
| Rapid7 | XXX | XXX | XXX | XXX | XXX | XXX |
| FFRI Security | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Yubico M&A Activity
Yubico acquired XXX companies to date.
Last acquisition by Yubico was on XXXXXXXX, XXXXX. Yubico acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Yubico
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialYubico Investment Activity
Yubico invested in XXX companies to date.
Yubico made its latest investment on XXXXXXXX, XXXXX. Yubico invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Yubico
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Yubico
| When was Yubico founded? | Yubico was founded in 2007. |
| Where is Yubico headquartered? | Yubico is headquartered in Sweden. |
| How many employees does Yubico have? | As of today, Yubico has over 456 employees. |
| Who is the CEO of Yubico? | Yubico's CEO is Mattias Danielsson. |
| Is Yubico publicly listed? | Yes, Yubico is a public company listed on Nasdaq Stockholm. |
| What is the stock symbol of Yubico? | Yubico trades under YUBICO ticker. |
| When did Yubico go public? | Yubico went public in 2021. |
| Who are competitors of Yubico? | Yubico main competitors are Digital Arts, BTQ Technologies, Hillstone Networks, Rapid7. |
| What is the current market cap of Yubico? | Yubico's current market cap is $460M. |
| What is the current revenue of Yubico? | Yubico's last 12 months revenue is $247M. |
| What is the current revenue growth of Yubico? | Yubico revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of Yubico? | Current revenue multiple of Yubico is 1.5x. |
| Is Yubico profitable? | Yes, Yubico is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Yubico? | Yubico's last 12 months EBITDA is $27M. |
| What is Yubico's EBITDA margin? | Yubico's last 12 months EBITDA margin is 11%. |
| What is the current EV/EBITDA multiple of Yubico? | Current EBITDA multiple of Yubico is 13.7x. |
| What is the current FCF of Yubico? | Yubico's last 12 months FCF is $17M. |
| What is Yubico's FCF margin? | Yubico's last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of Yubico? | Current FCF multiple of Yubico is 22.4x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.