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Ultralife ULBI Communications Systems — Research And Development Expense

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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:ResearchAndDevelopmentExpense.

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 — research and development expense?
Ultralife (ULBI) reported communications systems — research and development expense of $739K in Q1 2026.
How has Ultralife's communications systems — research and development expense changed year-over-year?
Ultralife's communications systems — research and development expense decreased by 9.1% year-over-year, from $813K to $739K.
What does communications systems — research and development expense mean?
Costs associated with the design, engineering, and innovation of new communications and electronics systems within the segment. This investment is critical for maintaining technological competitiveness and driving future product differentiation in the defense and industrial sectors.