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Ultralife ULBI Communications Systems — 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 communications systems — gross profit?
Ultralife (ULBI) reported communications systems — gross profit of $752K in Q1 2026.
How has Ultralife's communications systems — gross profit changed year-over-year?
Ultralife's communications systems — gross profit decreased by 42.4% year-over-year, from $1.31M to $752K.
What is the long-term trend for Ultralife's communications systems — gross profit?
Over 2 years (2023 to 2025), Ultralife's communications systems — gross profit has grown at a -36.7% compound annual growth rate (CAGR), from $8.43M to $3.38M.
What does communications systems — gross profit mean?
Calculated as segment revenue minus the direct cost of revenue, representing the core profitability of the Communications Systems segment before accounting for operating expenses. It measures the segment's ability to manage production costs and price its products effectively in the competitive defense and industrial markets.