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ULTRALIFE CORP

ULTRALIFE CORPULBIEarnings & Financial Report

Nasdaq

Ultralife Corporation designs and manufactures batteries and communications systems worldwide. Ultralife serves government and defense, medical, safety and security, energy, robotics and other customers across the globe through the design and development of a range of products. Founded in 1991 when launched as an Initial Public Offering (IPO) evolving from Kodak’s Ultra Technologies battery division, and headquartered in Newark, New York, the Company’s business segments include battery and en...

ULBI Q3 2025 Key Financial Metrics

Revenue

$43.4M

Gross Profit

$9.6M

Operating Profit

$-951.0K

Net Profit

$-1.2M

Gross Margin

22.2%

Operating Margin

-2.2%

Net Margin

-2.8%

YoY Growth

21.5%

EPS

$-0.07

Financial Flow

ULTRALIFE CORP Q3 2025 Financial Summary

ULTRALIFE CORP reported revenue of $43.4M for Q3 2025, with a net profit of $-1.2M (-2.8% margin). Cost of goods sold was $33.8M, operating expenses totaled $10.6M.

Key Financial Metrics

Total Revenue$43.4M
Net Profit$-1.2M
Gross Margin22.2%
Operating Margin-2.2%
Report PeriodQ3 2025

ULTRALIFE CORP Annual Revenue by Year

ULTRALIFE CORP annual revenue history includes year-by-year totals (for example, 2024 revenue was $164.5M).

YearAnnual Revenue
2024$164.5M
2023$158.6M
2022$131.8M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$44.5M$41.9M$43.0M$35.7M$43.9M$50.7M$48.6M$43.4M
YoY Growth23.4%31.4%0.7%-9.6%-1.6%21.0%13.0%21.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$178.3M$180.6M$169.8M$172.4M$220.5M$223.8M$221.0M$222.2M
Liabilities$52.8M$51.6M$36.5M$37.8M$86.3M$87.1M$82.3M$84.8M
Equity$125.3M$128.8M$133.2M$134.5M$134.0M$136.4M$138.4M$137.3M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$2.4M$-81000$8.9M$4.7M$3.0M$3.4M$5.9M$198000