ULBI
Ultralife Corporation
NASDAQ · USIndustrialsElectrical Equipment & Parts
$5.27-4.36%
Price as of Jul 20, 2026
ULBI financials
Ultralife Corporation financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $191.2M | $164.5M | $158.6M | $131.8M |
| Cost of revenue | $146.7M | $122.1M | $119.4M | $102.4M |
| Gross profit | $44.5M | $42.3M | $39.2M | $29.4M |
| Operating expenses | $35.3M | $32.3M | $29.7M | $29.3M |
| Operating income | $9.2M | $10.0M | $9.5M | $129.0K |
| Net income | -$5.9M | $6.3M | $7.2M | -$119.0K |
| EBITDA | $1.1M | $14.4M | $15.0M | $5.0M |
| Basic EPS | $-0.35 | $0.38 | $0.44 | $-0.01 |
| Diluted EPS | $-0.35 | $0.38 | $0.44 | $-0.01 |
| Balance sheet | ||||
| Cash & equivalents | $9.3M | $6.9M | $10.3M | $5.7M |
| Total assets | $216.9M | $220.5M | $178.3M | $168.4M |
| Total liabilities | $86.8M | $86.3M | $52.8M | $52.0M |
| Stockholders’ equity | $130.0M | $134.0M | $125.3M | $116.3M |
| Total debt | $49.7M | $58.4M | $29.2M | $23.5M |
| Net debt | $40.3M | $51.5M | $18.9M | $17.8M |
| Cash flow | ||||
| Operating cash flow | $11.0M | $16.6M | $1.9M | -$1.3M |
| Capital expenditure | -$3.9M | -$1.9M | -$2.6M | -$1.7M |
| Free cash flow | $7.1M | $14.7M | -$623.0K | -$2.9M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | -$8.0K | -$15.0K |