ULBI
Ultralife Corporation
Price as of Jul 20, 2026
ULBI earnings
Ultralife Corporation earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 8, 2026 | $0.15 | $-0.03 | -120.0% | $47M | -9.5% |
| Mar 10, 2026 | $0.24 | $0.12 | -50.0% | $48M | -14.9% |
| Nov 18, 2025 | $0.21 | $-0.07 | -133.3% | $43M | -18.2% |
| Aug 7, 2025 | $0.22 | $0.07 | -68.2% | $49M | -8.4% |
| May 9, 2025 | $0.15 | $0.13 | -13.3% | $51M | -6.9% |
| Feb 26, 2025 | $0.23 | $0.18 | -21.7% | $44M | +9.6% |
| Nov 8, 2024 | $0.21 | $0.01 | -95.2% | $36M | -21.6% |
| Jul 25, 2024 | $0.14 | $0.22 | +57.1% | $43M | +2.3% |
| Apr 25, 2024 | $0.10 | $0.21 | +110.0% | $42M | -5.9% |
| Feb 15, 2024 | $0.07 | $0.18 | +157.1% | $45M | +14.2% |
| Oct 26, 2023 | $0.10 | $0.10 | +0.0% | $39M | +1.3% |
| Jul 27, 2023 | $0.04 | $0.29 | +625.0% | $43M | +29.4% |
Earnings call summary
Q1 FY2026 · May 8, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Priority 1: Improve revenue capture of communication systems business, with new products in commercial capture phase. Priority 2: Improve gross margin in battery and energy business, focus on Newark operation, address STRAP issue. Vertical integration via acquisition of Electrochem. Priority 3: Company-wide branding alignment. Development projects: Communication systems expand global military vehicle business, receive award for universal vehicle adapter, develop StrikeHub, new amplifier orders. Battery and energy: Conformal wearable battery shipped first order, 19 amp hour thinal cell passed testing, OEM projects ongoing.
Guidance
Focus on increasing product offering and sales engagement for communication systems business, increased gross margin and revenue on battery energy business, along with vertical integration opportunities in telemetry power systems business. Backlog is high, well positioned for future revenue growth.
Segment performance
Consolidated revenues totaled $47.4 million. Revenues from battery and energy product segment were $44.2 million (-4.7% YoY). Commercial sales to oil and gas customers down 5.5%, government defense sales down 2.7% (due to large order shipment last year), medical sales up 5.9%. Revenues from communication system segment were $3.3 million (-25.7% YoY) due to timing of expected orders. Battery and energy products gross profit $9.4 million (-18.2% YoY), gross margin 21.2% (-3.5% pts). Communication systems segment gross profit $0.8 million (-0.5% YoY), gross margin 21.2% (-8.3% pts).
Risks & headwinds
Uncertain global economic conditions, reductions in revenues from key customers, delays or reductions in U.S. and foreign military spending, acceptance of new products globally, disruptions or delays in supply of raw materials and components due to business conditions, global conflicts, weather, etc.
Analyst Q&A
Q: None,
A: None
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-07-23.