ULBI · NASDAQ · Electrical Equipment & Parts

Ultralife (ULBI)

Supplies mission-critical batteries, power systems, and tactical communications hardware for industrial and defense channels.

$5.83
vs last close+0.13 (+2.19%)
Loading prices…

Ultralife CorporationULBI
Industrials

Supplies battery, power, and tactical communications products through its Battery & Energy Products and Communications Systems businesses. Revenue is concentrated in the United States and spans OEM, distributor, government, and defense channels.

Battery & Energy Products supplies lithium and rechargeable batteries, uninterruptible power supplies, charging systems, and accessories. Communications Systems supplies RF amplifiers, power supplies, cable and connector assemblies, amplified speakers, equipment mounts and cases, and integrated fixed or vehicle communications systems.

Products reach equipment makers across safety, medical, and industrial applications, industrial and defense distributors, and direct government and defense customers. Operations are global but sales are concentrated in the United States.

The business depends on defense spending and uneven order timing, as well as suppliers and manufacturing capacity needed to fulfill mission-critical orders.

Company facts

CEOMichael E. Manna
ListedDec 23, 1992
ExchangeNASDAQ
HeadquartersNewark, NY
CountryUnited States
Employees678
CIK0000875657
ISINUS9038991025

Market cap$94.9M
EPS (ttm)−$0.4004
P/E (ttm)−14.24
ROE-4.9%
P/B0.7165
P/S0.5071
Dividend yieldDiv yield
Beta1.23vs XLI 0.55

No analyst consensus on record.

Next report
Oct 22, 26
in 29 days
EPS estimate
$0.23
Revenue estimate
$56.0M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26May '26Aug '26Oct '26
Reported$0.01$0.13$0.07−$0.07$0.12−$0.03$0.19Pending
Estimate$0.15$0.15$0.22$0.21$0.24$0.15$0.19$0.23
Surprise−93.3%−13.3%−68.2%−133.3%−50.0%−120.0%0.0%

RevenueReportedEstimate

Apr '25May '25Aug '25Nov '25Mar '26May '26Aug '26Oct '26
Reported$43.9M$50.7M$48.6M$43.4M$48.5M$47.4M$47.9MPending
Estimate$40.0M$54.5M$53.0M$53.0M$57.0M$52.4M$55.0M$56.0M
Surprise+9.6%−6.9%−8.4%−18.2%−14.9%−9.5%−12.8%
Estimate$0.23
ReportedDue Oct 22, 2026
Estimate$56.0M
ReportedDue Oct 22, 2026
View details

Debt to equity35.90%
Current ratio286.90%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$35.7M$43.9M$50.7M$48.6M$43.4M$48.5M$47.4M$47.9M
Net income$258.0K$194.0K$1.9M$879.0K−$1.2M−$7.4M−$451.0K$2.5M
Net margin0.7%0.4%3.7%1.8%0.0%0.0%0.0%5.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$511.0K$1.5M$3.4M$2.3M−$951.0K$2.8M−$215.0K$3.4M
YoY growth−76.1%−59.6%−16.3%−42.4%Turned loss+87.4%Turned loss+52.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $6.7M · Total debt $47.5M · Total assets $216.2M · Shareholders' equity $132.5M

Revenue
$47.9M
Operating income
$3.4M
Net income
$2.5M
View details

No dividends on record.

Institutions32.14%5.36M shares
54 holders · as of Jun 30, 2026
Insiders41.42%6.90M shares
5 holders · as of May 26, 2026
Strategic holders8.59%1.43M shares
2 holders · as of Feb 8, 2018
Other17.85%2.98M shares
remainder

16.66M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Bradford T. Whitmore1Insiderdirector, 10 percent owner
40.26%6.60Mfiled May 26, 2026
Visionary Wealth AdvisorsInstitution
6.66%1.11Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.78%963,733as of Jun 30, 2026
Wellington Management Group LLPStrategic
4.58%763,944filed Feb 8, 2018
Wellington Trust Company, NAInstitution
4.58%763,944filed Feb 8, 2018
  1. Bradford T. Whitmore's transaction reports restate only vehicles that traded; the 2026 ownership statement (6.60M) plus the 108.9K net shares acquired since is used instead.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
May 21, 2026Bradford T. Whitmoredirector, 10 percent owner: +32,876$6.13
May 22, 2026Bradford T. Whitmoredirector, 10 percent owner: +8,700$6.33
May 26, 2026Bradford T. Whitmoredirector, 10 percent owner: +67,302$6.81
May 18, 2026Michael Edward Mannadirector, officer: President and CEO+2,000$6.47
Mar 12, 2026Michael Edward Mannadirector, officer: President and CEO+2,000$6.01
View details

  • EnerSys

    Specialty batteries, chargers, and defense-oriented power systems

  • TotalEnergies

    Saft battery operations span primary lithium and military electronics

  • Amprius Technologies

    High-energy lithium-ion cells for defense and unmanned aviation

Compare

CompanyPriceChange
Ultralife$5.83+2.19%$94.9M0.5−1.3%
EnerSys$179.05−0.39%$6.55B19.214.31.7+4.8%
TotalEnergies$90.91+1.18%$200.10B11.38.21.0+26.2%
Amprius Technologies$9.87−1.15%$1.41B12.9+125.9%
Median15.311.31.7+26.2%