Ultralife (ULBI) Financials: History & Chart

Ultralife Corporation(ULBI)

Electrical Equipment & Parts · Newark, NY

$6.52+0.09 (+1.40%)

Delayed quote: Oct 6, 2026, 3:14 PM EDT

About Ultralife Corporation

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium-ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle amplifier-adaptors, vehicle installed power enhanced rifleman appliqué systems, and SATCOM systems. This segment’s military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. The company sells its products under the Ultralife, Ultralife HiRate, Ultralife Thin Cell, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, Criterion Gauge, and POW-R BMS brands through original equipment manufacturers, and industrial and defense supply distributors. In addition, it sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. It serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.

Newark, NY

678 employees

www.ultralifecorporation.com

Industrials / Electrical Equipment & Parts

Sector: Industrials
Industry: Electrical Equipment & Parts
CEO: Michael E. Manna

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	187.24M	47.94M	47.45M	48.48M	43.37M	48.56M	50.75M	43.85M	35.69M
Cost of Goods Sold	142.56M	34.08M	37.60M	36.72M	34.16M	37.37M	38.41M	33.25M	27.01M
Gross Profit	44.68M	13.87M	9.84M	11.76M	9.21M	11.19M	12.34M	10.60M	8.68M
Gross Profit Margin	23.9%	28.9%	20.7%	24.3%	21.2%	23.0%	24.3%	24.2%	24.3%
Total Operating Expenses	39.65M	10.43M	10.06M	9.00M	10.16M	8.94M	8.94M	9.13M	8.17M
Research & Development	11.22M	3.23M	2.96M	2.56M	2.48M	1.94M	2.03M	2.41M	2.10M
Selling, General & Administrative	28.43M	7.20M	7.10M	6.44M	7.68M	7.00M	6.91M	6.71M	6.07M
Operating Income (EBIT)	5.03M	3.44M	-215K	2.76M	-951K	2.26M	3.40M	1.47M	511K
Operating Margin	2.7%	7.2%	-0.5%	5.7%	-2.2%	4.6%	6.7%	3.4%	1.4%
Income Before Tax (EBT)	-9.63M	2.99M	-663K	-10.21M	-1.75M	1.11M	2.45M	495K	353K
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	3.64M	839K	868K	937K	992K	992K	1.03M	829K	173K
Other Income/Expense	-14.67M	-451K	-448K	-12.97M	-800K	-1.14M	-953K	-979K	-158K
Net Income	-6.55M	2.54M	-451K	-7.42M	-1.22M	879K	1.86M	194K	258K
Income Tax Expense	-2.98M	468K	-192K	-2.75M	-504K	243K	567K	262K	74K
Net Profit Margin	-3.5%	5.3%	-1.0%	-15.3%	-2.8%	1.8%	3.7%	0.4%	0.7%
EBITDA	10.40M	4.76M	1.11M	4.07M	468K	3.67M	4.75M	2.65M	1.50M
EBITDA Margin	5.6%	9.9%	2.3%	8.4%	1.1%	7.6%	9.4%	6.0%	4.2%
Depreciation & Amortization	5.37M	1.32M	1.32M	1.31M	1.42M	1.42M	1.35M	1.18M	994K
EPS Basic	-0.40	0.15	-0.03	-0.45	-0.07	0.05	0.11	0.01	0.02
EPS Diluted	-0.40	0.15	-0.03	-0.45	-0.07	0.05	0.11	0.01	0.02
Weighted Average Basic Shares	16.66M	16.66M	16.66M	16.65M	16.65M	16.64M	16.63M	16.63M	16.63M
Weighted Average Diluted Shares	16.71M	16.71M	16.66M	16.65M	16.65M	16.66M	16.68M	16.77M	16.87M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	191.16M	164.46M	158.64M	131.84M	98.27M	107.71M	106.80M	87.19M
Cost of Goods Sold	146.66M	122.14M	119.44M	102.44M	73.63M	78.55M	75.63M	61.61M
Gross Profit	44.50M	42.31M	39.20M	29.40M	24.64M	29.16M	31.16M	25.58M
Gross Profit Margin	23.3%	25.7%	24.7%	22.3%	25.1%	27.1%	29.2%	29.3%
Total Operating Expenses	35.28M	32.35M	29.73M	29.27M	24.61M	23.46M	23.80M	19.03M
Research & Development	9.00M	8.27M	7.53M	7.08M	6.83M	5.95M	6.80M	4.51M
Selling, General & Administrative	26.28M	24.08M	22.19M	22.19M	17.78M	17.51M	16.99M	14.52M
Operating Income (EBIT)	9.22M	9.96M	9.47M	129K	35K	5.70M	7.37M	6.55M
Operating Margin	4.8%	6.1%	6.0%	0.1%	0.0%	5.3%	6.9%	7.5%
Income Before Tax (EBT)	-8.40M	8.30M	9.12M	-446K	-151K	7.02M	6.77M	6.61M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	3.95M	1.94M	2.02M	951K	242K	436K	539K	63K
Other Income/Expense	-17.62M	-1.66M	-358K	-575K	-186K	1.32M	-597K	58K
Net Income	-5.90M	6.31M	7.20M	-119K	-234K	5.23M	5.21M	24.93M
Income Tax Expense	-2.45M	1.89M	1.95M	-326K	79K	1.69M	1.46M	-18.39M
Net Profit Margin	-3.1%	3.8%	4.5%	-0.1%	-0.2%	4.9%	4.9%	28.6%
EBITDA	14.72M	14.12M	13.39M	4.59M	3.57M	8.64M	10.11M	8.92M
EBITDA Margin	7.7%	8.6%	8.4%	3.5%	3.6%	8.0%	9.5%	10.2%
Depreciation & Amortization	5.50M	4.16M	3.91M	4.46M	3.54M	2.94M	2.75M	2.37M
EPS Basic	-0.35	0.38	0.44	-0.01	-0.01	0.33	0.33	1.57
EPS Diluted	-0.35	0.38	0.44	-0.01	-0.01	0.33	0.32	1.53
Weighted Average Basic Shares	16.64M	16.55M	16.23M	16.13M	16.04M	15.90M	15.78M	15.88M
Weighted Average Diluted Shares	16.64M	16.77M	16.23M	16.13M	16.04M	16.10M	16.18M	16.35M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.