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Ultralife ULBI Battery Energy Products — Gross Profit

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Other financials

Income statement

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Revenue$47.4M-6.5%
Gross profit$11.5M+8.8%
Operating income-$1.5M-159%
Net income-$471.0K+68.1%
EPS (diluted)-$8.75-192%

Balance sheet

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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

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Operating cash flow$2.3M-33.0%
CapEx$770.0K-14.0%
Free cash flow$1.5M-39.9%

Valuation

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Market cap$105.27M-22.4%
Enterprise value$147.11M-18.0%
P/S0.6×-0.2×

Profitability

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Gross margin24.1%-1.7pp
Operating margin-3.1%-9.1pp
Net margin-2.6%-4.5pp
FCF margin7.8%+3.9pp

Returns & leverage

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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:GrossProfit.

The official record: Ultralife’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ultralife's battery energy products — gross profit?
Ultralife (ULBI) reported battery energy products — gross profit of $9.36M in Q1 2026.
How has Ultralife's battery energy products — gross profit changed year-over-year?
Ultralife's battery energy products — gross profit decreased by 18.2% year-over-year, from $11.44M to $9.36M.
What is the long-term trend for Ultralife's battery energy products — gross profit?
Over 2 years (2023 to 2025), Ultralife's battery energy products — gross profit has grown at a 17.7% compound annual growth rate (CAGR), from $30.78M to $42.64M.
What does battery energy products — gross profit mean?
Calculated as the difference between total segment revenues and the direct costs of producing those goods. It measures the fundamental profitability of the Battery Energy Products segment before accounting for operating expenses, research, or administrative overhead.