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Ultralife ULBI Communications Systems — Operating Income

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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:OperatingIncomeLoss.

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 — operating income?
Ultralife (ULBI) reported communications systems — operating income of -$366K in Q1 2026.
How has Ultralife's communications systems — operating income changed year-over-year?
Ultralife's communications systems — operating income decreased by 390.5% year-over-year, from $126K to -$366K.
What is the long-term trend for Ultralife's communications systems — operating income?
Over 3 years (2021 to 2025), Ultralife's communications systems — operating income has grown at a -28.8% compound annual growth rate (CAGR), from $3.58M to -$1.29M.
What does communications systems — operating income mean?
The profit or loss generated by the Communications Systems segment after deducting both cost of revenue and operating expenses from total segment revenue. It serves as the primary measure of the segment's operational health and its contribution to the overall corporate bottom line.