Ultralife Corporation

Ultralife Corporation

ULBIยทNASDAQ

$6.91

-0.65%
IndustrialsElectrical Equipment & Parts

Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communication and electronics systems worldwide. The company operates in two segments, Battery & Energy Products and Communications Systems. The Battery & Energy Products segment offers lithium 9-volt, cylindrical, thin lithium manganese dioxide, rechargeable, and other non-rechargeable batteries; lithium-ion cells, multi-kilowatt module lithium ion battery systems, and uninterruptable power supplies; and rugged military and commercial battery charging systems and accessories, including smart chargers, multi-bay charging systems, and various cables. The Communications Systems segment provides communications systems and accessories to support military communications systems, such as radio frequency amplifiers, power supplies and cables, connector assemblies, amplified speakers, equipment mounts, case equipment, man-portable systems, and integrated communication systems for fixed or vehicle applications comprising vehicle adapters, vehicle installed power enhanced rifleman appliquรฉ systems, and SATCOM systems. This segment's military communications systems and accessories are designed to enhance and extend the operation of communications equipment, such as vehicle-mounted, manpack, and handheld transceivers. It sells its products under the Ultralife, Ultralife Thin Cell, Utralife HiRate, Ultralife and design, Ultra, Lithium Power, LithiumPower and Design, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE DRILL-DATA, and SWE SEASAFE brands through original equipment manufacturers, and industrial and defense supply distributors, as well as directly to the United States and international defense departments. In addition, the company sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. Ultralife Corporation serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.

At a Glance

Live Snapshot
Market Cap$115.01M
EPS-0.3500
P/E Ratio-19.73
Earnings Date07/23/2026
3Y-970.0%
5Y-49.0%
10Y+44.0%
3Y+131.0%
5Y+30.0%
10Y-65.0%
3Y-1003.0%
5Y-70.0%
10Y+2572.0%
ULBI

Ultralife Corporation Cash Conversion Engine

ULBI ยท NASDAQ
Net Income-5.90M
Depreciation & Amortization5.50M
Stock-Based Compensation935.00K
Change in Working Capital602.00K
Others12.39M
Capital Expenditures-3.87M
Free Cash Flow7.12M

Cash Flow Quality Analysis

FCF Conversion Rate

-120.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

35.2%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-51.6%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$602.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Ultralife Corporation Cash Flow Statement

ULBI โ€ข NASDAQ

Ultralife Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
-5.9M
6.4M
7.2M
-120K
-230K
5.3M
5.3M
25M
7.7M
3.5M
2.8M
-2.1M
-1.1M
-1.1M
1.6M
-6.2M
-9.2M
13.7M
5.6M
-27.5M
5.5M
4.2M
3.9M
4.5M
3.5M
2.9M
2.7M
2.4M
2.4M
2.7M
235K
305K
402K
497K
4.3M
5.4M
5.7M
6M
6.2M
4.9M
-2.5M
1.2M
1.3M
-962K
-147K
1.4M
1.2M
-18.6M
-1.7M
135K
183K
196K
113K
15K
496K
-115K
360K
3.3M
77K
23.7M
935K
698K
528K
776K
671K
943K
753K
890K
653K
710K
571K
1M
1.1M
1.4M
1.2M
1.1M
1.3M
2.3M
2.1M
1.5M
12.4M
253K
33K
36K
104K
-1.5M
44K
36K
47K
76K
2.7M
3.2M
2.2M
3.2M
2.2M
13.8M
740K
4.4M
-6.3M
321K
(0.0)
(722K)
(769K)
(354K)
(324K)
(264K)
(266K)
(220K)
(345K)
(273K)
(52K)
(60K)
(100K)
(237K)
(353K)
(1K)
(605K)
(0.0)
(0.0)
(0.0)
602K
3.9M
-11M
-5.5M
388K
12.7M
-13M
1.2M
-1.9M
524K
2M
1.1M
4.2M
823K
1.2M
-3M
3.1M
-10.5M
-6.1M
-2.8M
11M
16.6M
1.9M
-1.3M
4.3M
21.7M
-3M
10.9M
7.3M
7.7M
8.6M
3.7M
6.9M
4.8M
11M
10.9M
2M
19.1M
1.6M
151K
INVESTING ACTIVITIES
-3.9M
-1.9M
-2.6M
-1.7M
-2.8M
-3.1M
-6.3M
-4.2M
-1.4M
-1.2M
-2.9M
-1.7M
-766K
-2.7M
-2.4M
-1.8M
-2M
-3.8M
-2.1M
-1.5M
(0.0)
-48M
(0.0)
(0.0)
-23.5M
(120K)
-25.2M
(0.0)
(0.0)
-9.9M
(0.0)
(0.0)
(0.0)
(0.0)
-50K
-137K
-6.8M
-3.2M
-8.7M
-7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
65K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-4.2M
0.0
65K
-2.9M
268K
497K
1.9M
413K
1K
-6.8M
-3.2M
-8.7M
-7M
-3.9M
-50M
-2.6M
-1.7M
-26.3M
-3M
-31.5M
-4.2M
-1.4M
-11M
-2.9M
-1.4M
-269K
-812K
-2M
-2M
-8.8M
-7M
-10.8M
-8.5M
FINANCING ACTIVITIES
98K
2M
-8K
-15K
-148K
238K
-2M
-742K
0.0
-607K
-9.4M
-762K
0.0
115K
73K
55K
-3M
711K
13.9M
1.2M
-4.8M
29.3M
4.3M
517K
19.5M
-15.8M
17.3M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
-8.5M
-10.5M
13.7M
-13.4M
-3.5M
4.4M
(0.0)
(0.0)
-8K
-15K
-148K
(0.0)
-2M
-742K
-26K
-607K
-9.4M
-762K
(0.0)
(0.0)
(0.0)
(0.0)
-3.3M
-1.8M
(0.0)
(0.0)
-24K
-1.4M
1.2M
-115K
-262K
-90K
765K
2M
1.4M
460K
-18K
11K
12K
0.0
-128K
-151K
6K
0.0
0.0
0.0
-4.7M
29.9M
5.5M
518K
19.6M
-15.7M
16.1M
1.2M
1.4M
-175K
-8.9M
-751K
12K
115K
-8.6M
-10.6M
10.8M
-12.7M
10.4M
5.7M
CASH FLOW SUMMARY
49K
34K
-302K
-276K
126K
203K
-154K
-265K
331K
-231K
-91K
116K
-230K
265K
320K
218K
224K
256K
280K
163K
2.5M
-3.4M
4.6M
-2.7M
-2.2M
3.2M
-18.5M
7.6M
7.6M
-3.8M
-3.3M
1.6M
6.4M
4.3M
679K
-1.5M
4.2M
-367K
1.5M
-2.5M
6.9M
10.3M
5.7M
8.4M
10.7M
7.4M
25.9M
18.3M
10.6M
14.4M
17.7M
16.1M
9.7M
5.3M
4.6M
6.1M
1.9M
2.2M
720K
3.2M
9.3M
6.9M
10.3M
5.7M
8.4M
10.7M
7.4M
25.9M
18.2M
10.6M
14.4M
17.7M
16.1M
9.7M
5.3M
4.6M
6.1M
1.9M
2.2M
720K
7.1M
14.7M
-623K
-2.9M
1.5M
18.6M
-9.3M
6.7M
5.9M
6.4M
5.6M
2M
6.1M
2.1M
8.6M
9.1M
-3K
15.3M
-504K
-1.3M

SEC Filings

ULBI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

June 02, 2026
July 22, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 08, 2026
May 08, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 29, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

March 23, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 10, 2026
March 10, 2026
2026
8-K

8-K 2025

N/A

November 18, 2025
November 18, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 17, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

August 27, 2025
August 22, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 07, 2025
June 30, 2025
2025
Showing 1 to 10 of 549 filings