10x Insights
Loading account…
Companies / Information Technology / Ultralife Corporation
ULBI

Ultralife Corporation

Information TechnologyElectronic Equipment
Ticker ULBINEWARK, NYFiscal year ends DecemberBook value per share $8.05Diluted shares 16.7M

Ultralife Corporation (Nasdaq: ULBI) designs and manufactures power solutions, communications systems and electronics for government, defense and commercial customers worldwide. Its products include non-rechargeable lithium batteries, rechargeable battery packs, charging systems and accessories, as well as RF… From the company’s description.

Over the twelve months to Sep 30, 2026, Ultralife Corporation reported revenue of $192.14M, up 3.0% from a year earlier, and a net loss of $3.02M. Its operating margin was −2.2%, and operations generated $2.00M in cash. In fiscal 2025, it reported revenue of $191.16M, up 16.2% from fiscal 2024, and a net loss of $5.95M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$191.16MFY2025
+16.2% year over year
Last 12 mo $192.14M
-3.09%FY2025
−9.1 percentage points
Last 12 mo -2.18%
$-5.95MFY2025
−192.9% year over year
Last 12 mo $-3.02M
7.56%FY2025
+2.9 percentage points
Last 12 mo -2.20%
Cash & financing
$10.99MFY2025
−33.9% year over year
Last 12 mo $2.00M
$7.12MFY2025
−51.6% year over year
Last 12 mo $-0.69M
0.38FY2025
Was 0.40× a year earlier
Last 12 mo 0.38
16.6MFY2025
−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 Corporation does

In the company’s own words

Ultralife Corporation (Nasdaq: ULBI) designs and manufactures power solutions, communications systems and electronics for government, defense and commercial customers worldwide. Its products include non-rechargeable lithium batteries, rechargeable battery packs, charging systems and accessories, as well as RF amplifiers, power supplies, cables, speakers, ruggedized equipment and integrated communications systems. Customers include defense departments and contractors, original equipment manufacturers, distributors, retailers and commercial businesses; applications span military communications, medical devices, safety and security, industrial equipment, oil and gas, utilities and portable electronics. Ultralife reports two operating segments: Battery & Energy Products, with 2025 revenue of $178.0 million, and Communications Systems, with revenue of $13.1 million. Total 2025 revenue was $191.2 million. Its history includes acquisitions that expanded its battery and military communications offerings, including Electrochem in 2024. In 2025, the company began consolidating its sub-brands under the Ultralife name, while retaining Electrochem as a product brand for select primary cells. Its website is www.ultralifecorporation.com.

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

Financial performance, year by year

Fiscal 2011–2025 · USD
$-25.76M$33.67M$93.09M$152.52M$211.95M201120122013201420152016201720182019202020212022202320242025Last 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 Corporation — 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 Corporation’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
—of fund net assets
U.S. Targeted Value Portfolio
DFFVX · DFA INVESTMENT DIMENSIONS GROUP INC
—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.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Ultralife Corporation and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Ultralife Corporation's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Ultralife Corporation's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.