What is Ultralife's operating income?

Ultralife (ULBI) reported operating income of -$1.48M in Q4 2025.

How has Ultralife's operating income changed year-over-year?

Ultralife's operating income decreased by 159.2% year-over-year, from $2.49M to -$1.48M.

What is the long-term trend for Ultralife's operating income?

Over 4 years (2021 to 2025), Ultralife's operating income has grown at a 260.4% compound annual growth rate (CAGR), from $35K to -$5.9M.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Ultralife ULBI Operating Income

Discontinued — last reported Q4 '25

Operating Income at other companies

Solidion Technology, Inc.STI

-$1.77M+43.4%

KULR Technology GroupKULR

-$7.39M+21.8%

SES AISES

-$17.87M+23.2%

Enovix CorporationENVX

-$43.9M-3.1%

EnerSysENS

$123.7M-5.8%

AlbemarleALB

$233.51M+1,082%

Segments

By segment

See full

Battery Energy Products$3.06M-48.9%

Communications Systems-$366K-390%

Other financials

Income statement

See full

Revenue$47.4M-6.5%

Gross profit$11.5M+8.8%

Net income-$471.0K+68.1%

EPS (diluted)-$8.75-192%

Balance sheet

See full

Cash & equivalents$8.9M+2.0%

Total debt$50.7M-11.8%

Total equity$129.6M-5.0%

Total assets$220.6M-1.4%

Cash flow

See full

Operating cash flow$2.3M-33.0%

CapEx$770.0K-14.0%

Free cash flow$1.5M-39.9%

Valuation

See full

Market cap$105.27M-22.4%

Enterprise value$147.11M-18.0%

P/S0.6×-0.2×

Profitability

See full

Gross margin24.1%-1.7pp

Operating margin-3.1%-9.1pp

Net margin-2.6%-4.5pp

FCF margin7.8%+3.9pp

Returns & leverage

See full

Return on equity-3.7%-6.1pp

Debt / equity0.4×0.0×

Current ratio2.6×-0.7×

Where this comes from

Reported directly by Ultralife in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Ultralife’s 10-K, filed March 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ultralife's operating income?: Ultralife (ULBI) reported operating income of -$1.48M in Q4 2025.
How has Ultralife's operating income changed year-over-year?: Ultralife's operating income decreased by 159.2% year-over-year, from $2.49M to -$1.48M.
What is the long-term trend for Ultralife's operating income?: Over 4 years (2021 to 2025), Ultralife's operating income has grown at a 260.4% compound annual growth rate (CAGR), from $35K to -$5.9M.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.