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Ultralife Corporation ULBI

Industrials · Electrical Equipment & Parts · United States
https://www.ultralifecorporation.com
Company Profile ↓
$5.94
-13.28% 1Y
Mkt Cap$98.98M
P/E-15.23
P/B0.73
52W High$7.95
52W Low$5.05
Book Value$7.78
EPS (TTM)$-0.39

Company Overview

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.

Why Investors Should Care

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.36.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $191.16M (+16.2% YoY); net profit $-5.90M.
  • Trailing 12 Months Year-on-year growth — revenue -1.3%, earnings +200.0%.
  • 5-Year Trend Long-term compounding — revenue CAGR 1.4%.

Growth & Price Performance

Compounded Sales Growth

5 Years:1.44%
1 Year:-1.30%

Compounded Profit Growth

5 Years:-
1 Year:200.00%

Stock Price Performance

1 Year:-13.28%
6 Months:+11.44%
3 Months:-10.81%
1 Month:-6.46%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 31% of range
$5.05 $7.95
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)38.42 · Neutral
Price Performance
1M-6.46%
3M-10.81%
6M+11.44%
1Y-13.28%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.

CONS

  • Trading 25.3% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-15.23
Industry PE
26.00
Forward P/E
6.60
PEG Ratio
3.81
Book Value
$7.78
Price to Book
0.73
P/S
0.50
EV/EBITDA
10.61
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
1.44%
Profit 5Y
-
Revenue (YoY)
-1.30%
Earnings (YoY)
200.00%

Profitability & Returns

ROCE
3.50%
ROE
-4.91%
ROA
2.10%
Profit Margin
-3.50%
Op Margin
9.01%
Gross Margin
24.38%
EPS (Latest Qtr)
$-0.03
EPS (TTM)
$-0.39

Balance Sheet & Liquidity

Debt/Equity
0.36
Quick Ratio
1.11
Current Ratio
2.87
Debt
$47.51M
Total Assets
$220.63M
Current Assets
$110.10M
Working Capital
$68.47M

Ownership

Promoter Holding
3.22%
Chg in Prom Hold
-0.00%
FII / Inst Holding
73.89%
Chg in FII Hold
-0.07%

Financial Snapshot

Enterprise Value
$98.98M
Total Revenue (TTM)
$187.24M
EBITDA
$12.73M
Free Cash Flow
$2.34M
Operating Cash Flow
$5.13M
Shares Outstanding
16.66M
Gross Margin
24.38%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 ULBI Ultralife Corporation 5.94 -15.23 $98.98M 0.00% 3.50% -4.91% 1.44% -
2 SPCX Space Exploration Technologies Corp. R3KAIDEFENCE 153.47 -139.52 $1.16T 0.00% -3.22% -11.95% 34.08% -3.34%
3 CAT Caterpillar Inc. SPXR3K 822.48 35.47 $378.07B 0.79% 17.98% 56.97% 2.29% 5.24%
4 GE GE Aerospace SPXR3KDEFENCE 334.91 39.40 $347.49B 0.60% 9.52% 48.23% -7.42% -5.36%
5 RTX RTX Corporation SPXR3KDEFENCE 198.81 35.06 $267.95B 1.51% 8.28% 12.27% 2.61% 2.62%
6 GEV GE Vernova Inc. SPXR3KAI 971.31 27.86 $258.69B 0.22% 6.30% 82.58% 8.68% -
7 DE Deere & Company SPXR3K 680.73 37.88 $183.54B 0.95% 12.53% 18.24% 3.43% 5.10%
8 UNP Union Pacific Corporation SPXR3K 288.45 23.38 $171.36B 2.01% 15.22% 39.70% 2.30% 7.77%
9 BA The Boeing Company SPXR3KDEFENCE 210.73 75.80 $166.43B 0.00% -9.01% - 1.67% -3.28%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Jun 2013Sep 2013Mar 2014Jun 2014Sep 2014Mar 2015Jun 2015Sep 2015Mar 2016Jun 2016Sep 2016Apr 2017Jul 2017Oct 2017Apr 2018Jul 2018Sep 2018Mar 2019Jun 2019Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 17.28M20.36M15.29M15.20M16.06M19.18M18.95M19.04M20.83M20.37M19.63M22.04M19.94M21.05M------25.81M--25.97M26.77M21.76M30.37M32.13M33.23M31.92M42.69M39.49M41.93M42.98M35.69M50.75M48.56M43.37M48.48M47.45M
Cost of Revenue -----------------------------------38.00M36.96M33.75M36.42M37.34M
Gross Profit 4.52M6.13M4.33M4.21M4.49M6.01M5.86M5.90M6.41M5.90M6.00M6.89M6.22M6.25M7.28M6.55M6.04M5.08M8.87M7.86M7.33M7.96M6.51M6.98M7.27M5.11M6.96M7.65M6.71M7.44M10.59M9.77M11.47M11.56M8.68M12.74M11.60M9.62M12.06M10.11M
Operating Expenses -----------------------------------9.35M9.35M10.57M10.48M10.32M
Operating Income -1.87M652.00K-1.10M-1.32M-55.00K822.00K817.00K1.17M482.00K499.00K1.14M1.84M1.32M1.26M2.36M1.63M1.50M548.00K3.04M1.31M1.49M2.29M707.00K952.00K1.09M-779.00K-295.00K793.00K-586.00K26.00K3.67M2.13M4.06M3.92M511.00K3.40M2.26M-951.00K1.57M-215.00K
EBITDA -----------------------------------4.83M3.52M660.00K-7.96M1.53M
Interest Expense -----------------------------------1.03M992.00K992.00K937.00K868.00K
Pretax Income -----------------------------------2.45M1.11M-1.75M-10.21M-663.00K
Tax Provision -----------------------------------567.00K243.00K-504.00K-2.75M-192.00K
Net Income -2.07M644.00K-1.29M-1.36M-323.00K533.00K788.00K1.05M299.00K446.00K1.02M1.66M1.09M1.10M2.15M1.63M1.41M425.00K2.26M898.00K1.06M1.66M407.00K671.00K811.00K-585.00K-168.00K512.00K-239.00K-346.00K3.34M1.33M2.89M2.97M258.00K1.86M879.00K-1.22M-7.42M-451.00K
Diluted EPS -0.120.04--0.08-0.030.050.070.020.030.070.110.070.070.130.100.090.0314.006.007.0010.003.004.000.050.05-0.010.030.030.030.030.080.080.180.020.110.05-0.07-0.45-0.03
R&D Expense 1.67M1.42M1.44M1.56M1.01M1.36M1.33M1.22M1.66M1.43M1.36M1.14M1.19M1.35M1.10M1.22M1.10M1.04M1.59M2.03M1.55M1.27M1.61M1.65M1.85M1.72M1.86M1.67M1.90M2.03M1.78M1.87M1.76M2.00M2.10M2.40M2.32M2.85M-2.96M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 154.29M166.82M135.74M101.66M78.83M66.49M76.43M82.46M85.53M87.19M106.80M107.71M-131.84M158.64M164.46M191.16M
Cost of Revenue -------------102.44M119.44M122.14M145.14M
Gross Profit 35.31M46.66M34.19M28.73M22.62M19.35M23.32M25.11M26.23M25.58M31.16M29.16M-29.40M39.20M42.31M46.02M
Operating Expenses -------------29.27M29.73M32.35M39.74M
Operating Income -3.55M11.86M2.41M-114.00K-624.00K-1.44M3.33M3.76M6.48M6.55M7.37M5.70M-129.00K9.47M9.96M6.28M
EBITDA -------------4.96M15.04M14.40M1.05M
Interest Expense -------------951.00K2.02M1.94M3.95M
Pretax Income --------------446.00K9.12M8.30M-8.40M
Tax Provision --------------326.00K1.95M1.89M-2.45M
Net Income -9.24M-6.18M-2.08M-1.60M-926.00K-2.12M2.87M3.51M7.65M24.93M5.21M5.23M--119.00K7.20M6.31M-5.90M
Diluted EPS -0.54-0.36-0.12-0.09-0.05-0.170.230.481.5332.000.33--0.010.440.38-0.35
R&D Expense 9.45M8.76M8.59M7.22M5.86M5.33M5.60M5.95M4.74M4.51M6.80M5.95M6.83M7.08M7.53M8.27M10.40M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --114.83M100.81M97.72M90.19M87.64M81.52M84.74M97.19M120.85M144.56M137.70M-168.43M178.28M220.45M216.91M
Current Assets --------------78.99M90.20M97.16M105.80M
Cash & Equivalents 1.88M6.09M4.64M5.32M9.66M16.07M17.71M14.39M-18.24M25.58M7.13M10.56M-5.63M10.20M6.85M9.35M
Inventory --------------41.19M42.22M51.36M54.01M
Receivables --------------27.78M31.76M29.37M33.95M
Total Liabilities -----16.55M15.73M15.51M16.88M18.14M16.39M34.81M20.78M-52.03M52.85M86.26M86.78M
Current Liabilities --36.34M23.16M19.89M12.02M11.21M10.85M11.33M14.24M15.39M17.19M18.71M-28.91M23.73M29.29M37.33M
Long Term Debt -----------15.78M0-19.31M23.62M51.50M45.53M
Total Debt --------------21.31M25.62M54.25M49.65M
Total Equity 88.15M78.11M73.77M73.26M73.52M73.74M72.03M66.16M68.03M79.20M104.55M109.73M116.80M-116.28M125.33M134.00M130.00M
Shares Outstanding --------------20.57M20.78M21.07M21.09M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 2.03M10.91M10.96M4.77M6.90M3.67M8.55M7.65M7.27M10.89M-2.97M21.72M--1.26M1.93M16.64M10.99M
Investing Cash Flow -8.80M-1.95M-2.00M-812.00K-269.00K-1.39M-2.91M-11.08M-1.39M-4.18M-31.53M-2.98M--1.68M-2.55M-49.95M-3.87M
Financing Cash Flow 10.76M-10.63M-8.60M115.00K12.00K-751.00K-8.87M-175.00K1.40M1.17M16.12M-15.69M-518.00K5.49M29.86M-4.68M
Capital Expenditure -1.82M-1.76M-2.36M-2.69M-766.00K-1.65M-2.91M-1.22M-1.39M-4.18M-6.28M-3.10M--1.68M-2.55M-1.93M-3.87M
Free Cash Flow 212.00K9.15M8.60M2.08M6.13M2.01M5.64M6.43M5.88M6.70M-9.25M18.62M--2.94M-623.00K14.70M7.12M
Net Change in Cash --------------2.42M4.87M-3.46M2.44M
Share Buybacks 3.33M-----9.39M607.00K-742.00K1.96M0-----

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 22.9%28.0%25.2%28.3%28.7%29.1%30.5%30.4%30.7%29.3%29.2%27.1%-22.3%24.7%25.7%24.1%
Operating Margin % -2.3%7.1%1.8%-0.1%-0.8%-2.2%4.4%4.6%7.6%7.5%6.9%5.3%-0.1%6.0%6.1%3.3%
Net Margin % -6.0%-3.7%-1.5%-1.6%-1.2%-3.2%3.8%4.3%8.9%28.6%4.9%4.9%--0.1%4.5%3.8%-3.1%
ROE % -11.8%-8.4%-2.8%-2.2%-1.3%-2.9%4.3%5.2%9.7%23.8%4.7%4.5%--0.1%5.7%4.7%-4.5%
ROCE % -15.1%3.1%-0.1%-0.8%-1.9%4.7%5.1%7.8%6.2%5.8%4.8%-0.1%6.1%5.2%3.5%

Shareholding Pattern

Insiders
3.22%
Institutions
73.89%
Public Float
76.35%

Top Institutional Holders

#Holder% HeldSharesValue
1 Visionary Wealth Advisors 6.66% 1.11M $6.27M
2 Dimensional Fund Advisors LP 5.78% 963.73K $5.45M
3 Janney Montgomery Scott LLC 3.36% 560.35K $3.17M
4 Vanguard Capital Management LLC 2.79% 464.73K $2.63M
5 Truffle Hound Capital, LLC 1.50% 250.00K $1.41M
6 RBF Capital, LLC 1.31% 218.71K $1.24M
7 Renaissance Technologies, LLC 1.03% 171.79K $970.61K
8 Blackrock Inc. 0.93% 154.41K $872.39K
9 Connor Clark & Lunn Investment Management Ltd 0.93% 155.04K $875.99K
10 Raymond James Financial, Inc. 0.82% 136.70K $772.33K

Analyst View

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Latest News

Recent headlines for ULBI

Google News Wed, 12 Aug 2026

Ultralife Stock Gains Post Q2 Earnings Despite Y/Y Revenue Dip - finance.yahoo.com

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Google News Sun, 09 Aug 2026

Ultralife (ULBI) Stock Rallies On Profit Rebound As One Off Boosts Linger - simplywall.st

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Google News hu, 03 Sep 2026

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Google News ue, 26 May 2026

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Google News hu, 16 Jul 2026

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Google News Wed, 02 Sep 2026

Ultralife Corporation (NASDAQ: ULBI) Share Price, ULBI Stock News, ULBI Share Price & Updates - kalkine.com.au

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ULBI — Frequently Asked Questions

What is the current share price of Ultralife Corporation (ULBI)?

As of 2026-09-19 21:16 PDT, Ultralife Corporation (ULBI) trades at $5.94 on NasdaqGM. Its 52-week range is $5.05 to $7.95.

What is the market capitalisation of ULBI?

Ultralife Corporation (ULBI) has a market capitalisation of $98.98M on NasdaqGM.

What is the P/E ratio of ULBI?

ULBI trades at a trailing price-to-earnings (P/E) ratio of -15.23. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 0.73.

What is the return on equity (ROE) of ULBI?

ULBI has a return on equity (ROE) of -4.91%. Its return on capital employed (ROCE) is 3.50%.

Is ULBI a good stock to buy?

This page provides a data-driven analysis of Ultralife Corporation (ULBI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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