ULBI
Ultralife Corporation
NASDAQ: ULBI · INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS
$6.90
+0.29% today
Updated 2026-04-30
Market cap
$117.09M
P/E ratio
—
P/S ratio
0.61x
EPS (TTM)
$-0.35
Dividend yield
—
52W range
$4 – $10
Volume
0.0M
Ultralife Corporation (ULBI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $93.55M | $137.60M | $254.70M | $172.11M | $178.58M | $139.39M | $101.66M | $78.83M | $66.49M | $76.43M | $82.46M | $85.53M | $87.19M | $106.80M | $107.71M | $98.27M | $131.84M | $158.64M | $164.46M | $191.16M |
| Revenue growth (YoY) | — | +47.1% | +85.1% | -32.4% | +3.8% | -21.9% | -27.1% | -22.5% | -15.7% | +14.9% | +7.9% | +3.7% | +1.9% | +22.5% | +0.9% | -8.8% | +34.2% | +20.3% | +3.7% | +16.2% |
| Cost of revenue | $76.10M | $108.82M | $197.76M | $135.25M | $132.01M | $103.99M | $72.93M | $56.21M | $47.14M | $53.11M | $57.35M | $59.30M | $61.61M | $75.63M | $78.55M | $73.63M | $102.44M | $119.44M | $122.14M | $145.14M |
| Gross profit | $17.44M | $28.77M | $56.94M | $36.86M | $46.57M | $35.39M | $28.73M | $22.62M | $19.35M | $23.32M | $25.11M | $26.23M | $25.58M | $31.16M | $29.16M | $24.64M | $29.40M | $39.20M | $42.31M | $46.02M |
| Gross margin | 18.6% | 20.9% | 22.4% | 21.4% | 26.1% | 25.4% | 28.3% | 28.7% | 29.1% | 30.5% | 30.4% | 30.7% | 29.3% | 29.2% | 27.1% | 25.1% | 22.3% | 24.7% | 25.7% | 24.1% |
| R&D | $5.10M | $7.00M | $8.14M | $9.54M | $8.82M | $8.60M | $7.22M | $5.86M | $5.33M | $5.60M | $5.95M | $4.74M | $4.51M | $6.80M | $5.95M | $6.83M | $7.08M | $7.53M | $8.27M | $10.40M |
| SG&A | $15.30M | $21.97M | $31.50M | $34.68M | $29.84M | $24.32M | $21.09M | $17.27M | $15.42M | $14.17M | $15.10M | $15.02M | $14.52M | $16.99M | $17.51M | $17.78M | $22.19M | $22.50M | $24.08M | $29.34M |
| Operating income | $-2.96M | $-199000.00 | $17.30M | $-7.36M | $-5.88M | $2.48M | $-114000.00 | $-624000.00 | $-1.44M | $3.33M | $3.76M | $6.48M | $6.55M | $7.37M | $5.70M | $35000.00 | $129000.00 | $9.47M | $9.96M | $6.28M |
| Operating margin | -3.2% | -0.1% | 6.8% | -4.3% | -3.3% | 1.8% | -0.1% | -0.8% | -2.2% | 4.4% | 4.6% | 7.6% | 7.5% | 6.9% | 5.3% | 0.0% | 0.1% | 6.0% | 6.1% | 3.3% |
| EBITDA | $1.91M | $5.98M | $24.44M | $-1.62M | $16.53M | $6.91M | $363000.00 | $-209000.00 | $-1.28M | $6.12M | $6.49M | $8.90M | $8.92M | $10.05M | $10.39M | $3.63M | $4.96M | $15.04M | $14.40M | $11.78M |
| EBITDA margin | 2.0% | 4.3% | 9.6% | -0.9% | 9.3% | 5.0% | 0.4% | -0.3% | -1.9% | 8.0% | 7.9% | 10.4% | 10.2% | 9.4% | 9.6% | 3.7% | 3.8% | 9.5% | 8.8% | 6.2% |
| EBIT | $-2.96M | $-199000.00 | $18.47M | $-7.35M | $11.18M | $2.59M | $-134000.00 | $-611000.00 | $-1.58M | $5.88M | $3.76M | $6.48M | $6.55M | $7.31M | $7.46M | $91000.00 | $505000.00 | $11.13M | $10.24M | $6.28M |
| Interest expense | $294000.00 | $13.90M | $967000.00 | $1.49M | $1.17M | $559000.00 | $440000.00 | $238000.00 | $218000.00 | $248000.00 | $263000.00 | $183000.00 | $63000.00 | $539000.00 | $436000.00 | $242000.00 | $951000.00 | $2.02M | $1.94M | $3.95M |
| Income tax | $23.73M | $77000.00 | $3.88M | $391000.00 | $-670000.00 | $528000.00 | $554000.00 | $239000.00 | $268000.00 | $310000.00 | $98000.00 | $-1.37M | $-18.39M | $1.46M | $1.69M | $79000.00 | $-326000.00 | $1.95M | $1.89M | — |
| Effective tax rate | -632.4% | 1.4% | 22.1% | -4.4% | 9.8% | -34.0% | -53.1% | -34.8% | -14.5% | 9.8% | 2.7% | -21.8% | -281.0% | 21.9% | 24.4% | -51.0% | 73.3% | 21.3% | 23.1% | 0.0% |
| Net income | $-27.49M | $5.58M | $13.66M | $-9.24M | $-6.18M | $-2.08M | $-1.60M | $-926000.00 | $-2.12M | $2.87M | $3.51M | $7.65M | $24.93M | $5.21M | $5.23M | $-234000.00 | $-119000.00 | $7.20M | $6.31M | $-5.90M |
| Net income growth (YoY) | — | +120.3% | +144.7% | -167.6% | +33.1% | +66.3% | +23.2% | +42.1% | -128.5% | +235.6% | +22.3% | +118.0% | +226.0% | -79.1% | +0.5% | -104.5% | +49.1% | +6147.9% | -12.3% | -193.4% |
| Profit margin | -29.4% | 4.1% | 5.4% | -5.4% | -3.5% | -1.5% | -1.6% | -1.2% | -3.2% | 3.8% | 4.3% | 8.9% | 28.6% | 4.9% | 4.9% | -0.2% | -0.1% | 4.5% | 3.8% | -3.1% |