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Companies / Technology / ULTRALIFE CORP
ULBI

ULTRALIFE CORP

TechnologyElectronic Equipment
Ticker ULBINEWARK, NYFiscal year ends DecemberBook value per share $7.93Diluted shares 16.7M

Ultralife Corporation (NASDAQ: ULBI) operates as a global designer and manufacturer of power solutions and communications systems serving government, defense, and commercial sectors worldwide. The company maintains its website at www.ultralifecorporation.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$191.16M
+16.2% year over year
Last 12 mo $187.24M
-3.09%
−9.1 percentage points
Last 12 mo -4.45%
$-5.95M
−192.9% year over year
Last 12 mo $-6.65M
7.56%
+2.9 percentage points
Last 12 mo -4.94%
Cash & financing
$10.99M
−33.9% year over year
Last 12 mo $5.13M
$7.12M
−51.6% year over year
Last 12 mo $2.03M
0.38
Was 0.40× a year earlier
Last 12 mo 0.34
16.6M
−0.7% year over year
Last 12 mo 16.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ULTRALIFE CORP does

In the company’s own words

Ultralife Corporation (NASDAQ: ULBI) operates as a global designer and manufacturer of power solutions and communications systems serving government, defense, and commercial sectors worldwide. The company maintains its website at www.ultralifecorporation.com.

The company operates through two primary reportable segments. The Battery & Energy Products segment generates the majority of revenues and encompasses non-rechargeable Lithium batteries including 9-volt, cylindrical, and thin cell configurations, as well as rechargeable Lithium-ion and Nickel Metal Hydride batteries, charging systems, and accessories. The Communications Systems segment designs and manufactures RF amplifiers, power supplies, cables, connector assemblies, integrated communication systems, and related military and commercial communications equipment.

Ultralife maintains manufacturing and operational facilities across North America, Europe, and Asia, including locations in Newark New York, Shenzhen China, Newcastle-under-Lyme United Kingdom, Calgary Canada, Missouri City Texas, Virginia Beach Virginia, and Raynham Massachusetts. The company serves customers through direct sales to original equipment manufacturers, industrial and defense supply distributors, and U.S. and foreign government agencies.

The company's product portfolio includes established brands such as Ultralife HiRate, Ultralife Thin Cell, LithiumPower, AMTI, Accutronics, Excell Battery Group, and Electrochem. In October 2025, Ultralife initiated a comprehensive rebranding initiative consolidating all sub-brands under the unified Ultralife master brand to strengthen customer recognition and operational efficiency.

Ultralife's growth strategy has been supported by strategic acquisitions including ABLE New Energy in 2006, Accutronics in 2016, Southwest Electronic Energy in 2019, Excell Battery Group in 2021, and Electrochem Solutions in 2024. These acquisitions have expanded the company's product offerings, geographic reach, and penetration into commercial end markets including medical devices, oil and gas, and industrial applications while maintaining strong positions in government and defense sectors. L3Harris Technologies represented a significant customer relationship, comprising 27 percent of total revenues in 2025.

Company details
Sector
Technology
Industry
Electronic Equipment
Headquarters
NEWARK, NY
Fiscal year end
December
CIK
875657
SIC
3690

Financial performance, year by year

Fiscal 2013–2025 · USD
$-26.43M$32.91M$92.25M$151.60M$210.94M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ULTRALIFE CORP — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

46
funds hold it
0 of 35
superinvestors hold it
$11.46M
held by funds, at market
10.3%
of shares held by funds

Largest fund holders · ULTRALIFE CORP’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
0.01%of fund net assets
U.S. Targeted Value Portfolio
DFFVX · DFA INVESTMENT DIMENSIONS GROUP INC
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
TETON Westwood Mighty Mites Fund
WMMAX · Teton Westwood Funds
0.32%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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