logo
logo
ULBI stock ticker logo

Ultralife Corporation

NASDAQ•ULBI
CEO: Mr. Michael E. Manna
Sector: Industrials
Industry: Electrical Equipment & Parts
Listing Date: 1992-12-23
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 adapters, 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, Ultralife Batteries, Lithium Power, McDowell Research, AMTITM, ABLETM, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, and Criterion Gauge 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.
Contact Information
2000 Technology Parkway, Newark, NY, 14513, United States
315-332-7100
www.ultralifecorporation.com
Market Cap
$109.02M
P/E (TTM)
-18.5
45
Dividend Yield
--
52W High
$9.52
52W Low
$4.07
52W Range
46%
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$48.48M+0.00%
4-Quarter Trend

EPS

-$0.45+0.00%
4-Quarter Trend

FCF

$0.00+0.00%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine-Month Net Income Decline Nine-month net income $1.52M; diluted EPS $0.09 versus $0.37 reported in prior year period results.
Quarterly Revenue Growth Quarterly revenue grew 21.5% to $43.37M; government/defense sales increased 16.4% reflecting strong demand.
Balance Sheet Equity Growth Total assets reached $222.25M; stockholders' equity increased to $137.43M compared to prior year end.
Debt Reduction Achieved Outstanding Term Loan principal reduced by $4.06M to $50.94M as of September 30, 2025.

Risk Factors

Gross Margin Compression Noted Quarterly gross margin fell 210 basis points to 22.2% due to unfavorable sales mix and quality issues.
Internal Control Material Weakness Material weakness in internal control over financial reporting persists as of September 30, 2025; remediation ongoing.
Operating Cash Flow Decreased Nine-month operating cash flow totaled $9.50M, decreasing from $13.59M generated in the prior year.
Increased Operating Expenses Quarterly operating expenses rose 29.4% to $10.57M, including $1.33M related to the Electrochem acquisition.

Outlook

Rebranding Initiative Impact Comprehensive rebranding consolidating sub-brands under Ultralife will result in non-cash intangible asset adjustments.
Future Liquidity Position Expected positive operating cash flow and Revolving Credit Facility availability sufficient for foreseeable funding needs.
New Accounting Standard Adoption Evaluating impact of ASU 2023-09 regarding income tax disclosures, effective for annual periods beginning 2025.
Capital Expenditure Focus Cash used in investing activities totaled $3.00M, primarily for equipment supporting higher-volume manufacturing transition.

Peer Comparison

Revenue (TTM)

ULBI stock ticker logoULBI
$191.16M
+16.2%
GIFI stock ticker logoGIFI
$166.77M
+0.3%
FLUX stock ticker logoFLUX
$60.78M
-0.0%

Gross Margin (Latest Quarter)

HQI stock ticker logoHQI
100.0%
+0.0pp
ESP stock ticker logoESP
34.7%
+8.6pp
FLUX stock ticker logoFLUX
34.7%
-3.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
GIFI$191.98M21.39.7%12.9%
ESP$171.61M16.619.1%0.0%
HQI$153.13M21.810.5%2.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.5%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow

Deep Research

Next earnings:Apr 7, 2026
|
EPS:-
|
Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data