Symbols / ULBI
ULBI Chart
About
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 amplifier-adaptors, vehicle installed power enhanced rifleman appliqué 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. The company sells its products under the Ultralife, Ultralife HiRate, Ultralife Thin Cell, Lithium Power, McDowell Research, AMTI, ABLE, ACCUTRONICS, ACCUPRO, ENTELLION, SWE Southwest Electronic Energy Group, SWE SEASAFE, Excell Battery Group, Criterion Gauge, and POW-R BMS brands through original equipment manufacturers, and industrial and defense supply distributors. In addition, it sells its 9-volt battery to the broader consumer market through national and regional retail chains and online retailers. It serves government, defense, and commercial sectors. The company was incorporated in 1990 and is headquartered in Newark, New York.
Fundamentals
Scroll to Statements| Sector | Industrials | Industry | Electrical Equipment & P | Market Cap | 96.70M |
| Enterprise Value | 141.44M | Income | 1.72M | Sales | 186.53M |
| Book/sh | 8.24 | Cash/sh | 0.56 | Dividend Yield | — |
| Payout | 0.00% | Employees | 671 | IPO | — |
| P/E | 58.10 | Forward P/E | 6.46 | PEG | — |
| P/S | 0.52 | P/B | 0.70 | P/C | — |
| EV/EBITDA | 11.40 | EV/Sales | 0.76 | Quick Ratio | 1.19 |
| Current Ratio | 2.99 | Debt/Eq | 39.15 | LT Debt/Eq | — |
| EPS (ttm) | 0.10 | EPS next Y | 0.90 | EPS Growth | — |
| Revenue Growth | 21.50% | Earnings | 2026-02-26 | ROA | 2.23% |
| ROE | 1.27% | ROIC | — | Gross Margin | 23.89% |
| Oper. Margin | -0.82% | Profit Margin | 0.92% | Shs Outstand | 16.64M |
| Shs Float | 9.91M | Short Float | 0.82% | Short Ratio | 1.77 |
| Short Interest | — | 52W High | 9.52 | 52W Low | 4.07 |
| Beta | 0.86 | Avg Volume | 38.65K | Volume | 12.62K |
| Target Price | — | Recom | None | Prev Close | $5.81 |
| Price | $5.81 | Change | 0.00% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
—
Mean price target
2. Current target
$5.81
Latest analyst target
3. DCF / Fair value
$-1.21
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.81
Low
—
High
—
Mean
—
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2024-11-15 | reit | Benchmark | Buy → Buy | $14 |
| 2024-06-27 | main | Benchmark | Buy → Buy | $14 |
| 2024-03-05 | main | Benchmark | Buy → Buy | $13 |
| 2023-08-08 | reit | Benchmark | Buy → Buy | $12 |
| 2021-03-26 | init | Benchmark | — → Buy | $12 |
| 2013-05-02 | down | Ardour Capital | Hold → Reduce | $3 |
- With 40% ownership, insiders at Ultralife Corporation (NASDAQ:ULBI) are pretty optimistic and have been buying recently - Yahoo Finance Sat, 07 Feb 2026 08
- How Ultralife Corporation (ULBI) Affects Rotational Strategy Timing - Stock Traders Daily Mon, 16 Feb 2026 20
- Insider Purchase: Director at $ULBI Buys 9,530 Shares - Quiver Quantitative ue, 16 Dec 2025 08
- Ultralife’s Many Challenges Make It A Sell (NASDAQ:ULBI) - Seeking Alpha Mon, 08 Dec 2025 08
- Ultralife Corporation's (NASDAQ:ULBI) Share Price Is Still Matching Investor Opinion Despite 25% Slump - simplywall.st Sun, 17 Aug 2025 07
- Whitmore buys Ultralife (ULBI) shares worth $267,915 - Investing.com Fri, 21 Nov 2025 08
- Ultralife (ULBI) Appoints New Auditor Following Firm Acquisition - Yahoo Finance Fri, 05 Sep 2025 07
- symbol__ Stock Quote Price and Forecast - CNN Fri, 09 Feb 2024 20
- (ULBI) and the Role of Price-Sensitive Allocations - Stock Traders Daily hu, 05 Feb 2026 19
- Ultralife: Recharging Growth With Smart Acquisitions (NASDAQ:ULBI) - Seeking Alpha Mon, 30 Jun 2025 07
- Ultralife Corporation Reports Q3 2025 Financial Results with Sales Growth but Operating Losses Due to One-Time Costs - Quiver Quantitative ue, 18 Nov 2025 08
- Ultralife (NASDAQ:ULBI) Has A Somewhat Strained Balance Sheet - simplywall.st Wed, 02 Jul 2025 07
- Investors in Ultralife (NASDAQ:ULBI) have seen notable returns of 92% over the past three years - Yahoo Finance Sun, 27 Jul 2025 07
- 3 Penny Stocks Poised to Create a Boatload of New Millionaires - InvestorPlace ue, 04 Jun 2024 07
- How Coda Octopus Group Inc. stock responds to policy changes - July 2025 Macro Moves & Weekly Top Stock Performers List - mfd.ru Fri, 06 Feb 2026 10
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 53000 | 300902 | — | Purchase at price 5.63 - 5.70 per share. | WHITMORE BRADFORD T | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-12-16 00:00:00 | I |
| 1 | 1739 | 9999 | — | Purchase at price 5.75 per share. | GODDARD JANIE | Director | — | 2025-12-15 00:00:00 | D |
| 2 | 1750 | 9922 | — | Purchase at price 5.67 per share. | SHAW ROBERT W II | Director | — | 2025-11-24 00:00:00 | D |
| 3 | 53900 | 267915 | — | Purchase at price 4.97 per share. | WHITMORE BRADFORD T | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-11-19 00:00:00 | I |
| 4 | 2000 | 9933 | — | Purchase at price 4.94 - 4.99 per share. | MANNA MICHAEL EDWARD | Chief Executive Officer | — | 2025-11-19 00:00:00 | D |
| 5 | 58664 | 387100 | — | Purchase at price 6.56 - 6.63 per share. | WHITMORE BRADFORD T | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-08-21 00:00:00 | I |
| 6 | 10000 | 76392 | — | Purchase at price 7.64 per share. | WHITMORE BRADFORD T | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-06-13 00:00:00 | I |
| 7 | 1548 | 11889 | — | Purchase at price 7.68 per share. | GODDARD JANIE | Director | — | 2025-06-13 00:00:00 | D |
| 8 | 11980 | 64778 | — | Purchase at price 5.41 per share. | WHITMORE BRADFORD T | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-05-23 00:00:00 | I |
| 9 | 27160 | 148475 | — | Purchase at price 5.40 - 5.72 per share. | WHITMORE BRADFORD T | Director and Beneficial Owner of more than 10% of a Class of Security | — | 2025-05-15 00:00:00 | I |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.23 | 0.21 | 0.21 | 0.27 |
| NormalizedEBITDA | 14.40M | 15.04M | 4.96M | 3.63M |
| TotalUnusualItems | 0.00 | |||
| TotalUnusualItemsExcludingGoodwill | 0.00 | |||
| NetIncomeFromContinuingOperationNetMinorityInterest | 6.31M | 7.20M | -119.00K | -234.00K |
| ReconciledDepreciation | 4.16M | 3.91M | 4.46M | 3.54M |
| ReconciledCostOfRevenue | 122.14M | 119.44M | 102.44M | 73.62M |
| EBITDA | 14.40M | 15.04M | 4.96M | 3.63M |
| EBIT | 10.24M | 11.13M | 505.00K | 91.00K |
| NetInterestIncome | -1.94M | -2.02M | -951.00K | -242.00K |
| InterestExpense | 1.94M | 2.02M | 951.00K | 242.00K |
| NormalizedIncome | 6.31M | 7.20M | -119.00K | -234.00K |
| NetIncomeFromContinuingAndDiscontinuedOperation | 6.31M | 7.20M | -119.00K | -234.00K |
| TotalExpenses | 154.49M | 149.17M | 131.71M | 98.23M |
| TotalOperatingIncomeAsReported | 9.96M | 9.47M | 129.00K | 35.00K |
| DilutedAverageShares | 16.77M | 16.23M | 16.12M | 16.04M |
| BasicAverageShares | 16.55M | 16.21M | 16.12M | 16.04M |
| DilutedEPS | 0.38 | 0.44 | -0.01 | -0.01 |
| BasicEPS | 0.38 | 0.44 | -0.01 | -0.01 |
| DilutedNIAvailtoComStockholders | 6.31M | 7.20M | -119.00K | -234.00K |
| NetIncomeCommonStockholders | 6.31M | 7.20M | -119.00K | -234.00K |
| NetIncome | 6.31M | 7.20M | -119.00K | -234.00K |
| MinorityInterests | -97.00K | 31.00K | 1.00K | -4.00K |
| NetIncomeIncludingNoncontrollingInterests | 6.41M | 7.17M | -120.00K | -230.00K |
| NetIncomeContinuousOperations | 6.41M | 7.17M | -120.00K | -230.00K |
| TaxProvision | 1.89M | 1.95M | -326.00K | 79.00K |
| PretaxIncome | 8.30M | 9.12M | -446.00K | -151.00K |
| OtherIncomeExpense | 276.00K | 1.66M | 376.00K | 56.00K |
| OtherNonOperatingIncomeExpenses | 276.00K | 1.66M | 376.00K | 56.00K |
| SpecialIncomeCharges | 0.00 | |||
| NetNonOperatingInterestIncomeExpense | -1.94M | -2.02M | -951.00K | -242.00K |
| InterestExpenseNonOperating | 1.94M | 2.02M | 951.00K | 242.00K |
| OperatingIncome | 9.96M | 9.47M | 129.00K | 35.00K |
| OperatingExpense | 32.35M | 29.73M | 29.27M | 24.61M |
| ResearchAndDevelopment | 8.27M | 7.53M | 7.08M | 6.83M |
| SellingGeneralAndAdministration | 24.08M | 22.19M | 22.19M | 17.78M |
| GrossProfit | 42.31M | 39.20M | 29.40M | 24.64M |
| CostOfRevenue | 122.14M | 119.44M | 102.44M | 73.62M |
| TotalRevenue | 164.46M | 158.64M | 131.84M | 98.27M |
| OperatingRevenue | 164.46M | 158.64M | 131.84M | 98.27M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TreasurySharesNumber | 4.44M | 4.44M | 4.44M | 4.43M |
| OrdinarySharesNumber | 16.63M | 16.35M | 16.14M | 16.09M |
| ShareIssued | 21.07M | 20.78M | 20.57M | 20.52M |
| NetDebt | 47.40M | 15.43M | 15.68M | 12.53M |
| TotalDebt | 54.25M | 25.62M | 21.31M | 20.86M |
| TangibleBookValue | 64.43M | 72.65M | 62.93M | 62.16M |
| InvestedCapital | 188.25M | 150.96M | 137.59M | 138.47M |
| WorkingCapital | 67.87M | 66.47M | 50.08M | 47.60M |
| NetTangibleAssets | 64.43M | 72.65M | 62.93M | 62.16M |
| CommonStockEquity | 134.00M | 125.33M | 116.28M | 117.62M |
| TotalCapitalization | 185.50M | 148.96M | 135.59M | 136.47M |
| TotalEquityGrossMinorityInterest | 134.19M | 125.43M | 116.40M | 117.74M |
| MinorityInterest | 192.00K | 95.00K | 126.00K | 127.00K |
| StockholdersEquity | 134.00M | 125.33M | 116.28M | 117.62M |
| GainsLossesNotAffectingRetainedEarnings | -4.01M | -3.66M | -3.75M | -1.65M |
| OtherEquityAdjustments | -4.01M | -3.66M | -3.75M | -1.65M |
| TreasuryStock | 21.49M | 21.49M | 21.48M | 21.47M |
| RetainedEarnings | -34.44M | -40.75M | -47.95M | -47.83M |
| AdditionalPaidInCapital | 191.83M | 189.16M | 187.41M | 186.52M |
| CapitalStock | 2.11M | 2.08M | 2.06M | 2.05M |
| CommonStock | 2.11M | 2.08M | 2.06M | 2.05M |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 86.26M | 52.85M | 52.03M | 41.80M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 56.97M | 29.12M | 23.11M | 22.87M |
| OtherNonCurrentLiabilities | 4.03M | 3.78M | 1.89M | 1.76M |
| NonCurrentDeferredLiabilities | 1.44M | 1.71M | 1.92M | 2.25M |
| NonCurrentDeferredTaxesLiabilities | 1.44M | 1.71M | 1.92M | 2.25M |
| LongTermDebtAndCapitalLeaseObligation | 51.50M | 23.62M | 19.31M | 18.86M |
| LongTermDebt | 51.50M | 23.62M | 19.31M | 18.86M |
| CurrentLiabilities | 29.29M | 23.73M | 28.91M | 18.92M |
| CurrentDebtAndCapitalLeaseObligation | 2.75M | 2.00M | 2.00M | 2.00M |
| CurrentDebt | 2.75M | 2.00M | 2.00M | 2.00M |
| OtherCurrentBorrowings | 2.00M | 2.00M | ||
| PensionandOtherPostRetirementBenefitPlansCurrent | 2.91M | 3.12M | 2.89M | 1.84M |
| PayablesAndAccruedExpenses | 23.63M | 18.61M | 24.02M | 15.08M |
| CurrentAccruedExpenses | 9.47M | 7.28M | 7.95M | 5.26M |
| Payables | 14.16M | 11.34M | 16.07M | 9.82M |
| AccountsPayable | 14.16M | 11.34M | 16.07M | 9.82M |
| TotalAssets | 220.45M | 178.28M | 168.43M | 159.54M |
| TotalNonCurrentAssets | 123.29M | 88.07M | 89.44M | 93.01M |
| OtherNonCurrentAssets | 4.83M | 3.71M | 2.31M | 2.88M |
| NonCurrentDeferredAssets | 8.41M | 10.57M | 12.07M | 11.47M |
| NonCurrentDeferredTaxesAssets | 8.41M | 10.57M | 12.07M | 11.47M |
| GoodwillAndOtherIntangibleAssets | 69.56M | 52.68M | 53.35M | 55.46M |
| OtherIntangibleAssets | 24.56M | 15.11M | 15.92M | 17.39M |
| Goodwill | 45.01M | 37.57M | 37.43M | 38.07M |
| NetPPE | 40.48M | 21.12M | 21.72M | 23.20M |
| AccumulatedDepreciation | -68.44M | -66.48M | -70.94M | -68.22M |
| GrossPPE | 108.92M | 87.60M | 92.66M | 91.42M |
| ConstructionInProgress | 2.08M | 2.03M | 1.25M | 761.00K |
| MachineryFurnitureEquipment | 72.04M | 68.30M | 74.57M | 73.95M |
| BuildingsAndImprovements | 30.11M | 16.00M | 15.57M | 15.44M |
| LandAndImprovements | 4.69M | 1.27M | 1.27M | 1.27M |
| Properties | 0.00 | 0.00 | 0.00 | 0.00 |
| CurrentAssets | 97.16M | 90.20M | 78.99M | 66.52M |
| OtherCurrentAssets | 9.57M | 5.95M | 4.30M | 4.69M |
| RestrictedCash | 0.00 | 82.00K | 79.00K | 84.00K |
| PrepaidAssets | 4.69M | |||
| Inventory | 51.36M | 42.22M | 41.19M | 33.19M |
| FinishedGoods | 10.83M | 9.93M | 9.23M | 7.30M |
| WorkInProcess | 4.50M | 3.19M | 2.76M | 4.23M |
| RawMaterials | 36.03M | 29.10M | 29.20M | 21.66M |
| Receivables | 29.37M | 31.76M | 27.78M | 20.23M |
| AccountsReceivable | 29.37M | 31.76M | 27.78M | 20.23M |
| AllowanceForDoubtfulAccountsReceivable | -384.00K | -300.00K | -303.00K | -346.00K |
| GrossAccountsReceivable | 29.75M | 32.06M | 28.08M | 20.58M |
| CashCashEquivalentsAndShortTermInvestments | 6.85M | 10.20M | 5.63M | 8.33M |
| CashAndCashEquivalents | 6.85M | 10.20M | 5.63M | 8.33M |
| CashFinancial | 6.85M | 10.20M | 5.63M | 8.33M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 14.70M | -623.00K | -2.94M | 1.51M |
| RepaymentOfDebt | -25.75M | -3.00M | -2.83M | -1.47M |
| IssuanceOfDebt | 55.00M | 7.25M | 3.35M | 20.98M |
| CapitalExpenditure | -1.93M | -2.55M | -1.68M | -2.81M |
| InterestPaidSupplementalData | 1.85M | 1.96M | 930.00K | 142.00K |
| IncomeTaxPaidSupplementalData | 722.00K | 769.00K | 354.00K | 324.00K |
| EndCashPosition | 6.85M | 10.28M | 5.71M | 8.41M |
| BeginningCashPosition | 10.28M | 5.71M | 8.41M | 10.65M |
| EffectOfExchangeRateChanges | 34.00K | -302.00K | -276.00K | 126.00K |
| ChangesInCash | -3.46M | 4.87M | -2.42M | -2.37M |
| FinancingCashFlow | 29.86M | 5.49M | 518.00K | 19.64M |
| CashFlowFromContinuingFinancingActivities | 29.86M | 5.49M | 518.00K | 19.64M |
| NetOtherFinancingCharges | -1.39M | -8.00K | -115.00K | -262.00K |
| ProceedsFromStockOptionExercised | 2.00M | 1.25M | 116.00K | 398.00K |
| NetIssuancePaymentsOfDebt | 29.25M | 4.25M | 517.00K | 19.51M |
| NetShortTermDebtIssuance | 4.25M | 517.00K | 19.51M | |
| ShortTermDebtPayments | -3.00M | -2.83M | -1.47M | |
| ShortTermDebtIssuance | 7.25M | 3.35M | 20.98M | |
| NetLongTermDebtIssuance | 29.25M | 4.25M | ||
| LongTermDebtPayments | -25.75M | -3.00M | ||
| LongTermDebtIssuance | 55.00M | 7.25M | ||
| InvestingCashFlow | -49.95M | -2.55M | -1.68M | -26.33M |
| CashFlowFromContinuingInvestingActivities | -49.95M | -2.55M | -1.68M | -26.33M |
| NetBusinessPurchaseAndSale | -48.02M | 0.00 | 0.00 | -23.52M |
| PurchaseOfBusiness | -48.02M | 0.00 | 0.00 | -23.52M |
| NetPPEPurchaseAndSale | -1.93M | -2.55M | -1.68M | -2.81M |
| SaleOfPPE | 0.00 | |||
| PurchaseOfPPE | -1.93M | -2.55M | -1.68M | -2.81M |
| OperatingCashFlow | 16.64M | 1.93M | -1.26M | 4.33M |
| CashFlowFromContinuingOperatingActivities | 16.64M | 1.93M | -1.26M | 4.33M |
| ChangeInWorkingCapital | 3.89M | -11.04M | -5.45M | 388.00K |
| ChangeInOtherWorkingCapital | -64.00K | -142.00K | 180.00K | -91.00K |
| ChangeInPayablesAndAccruedExpense | 215.00K | -2.97M | 10.09M | -2.71M |
| ChangeInPayable | 215.00K | -2.97M | 10.09M | -2.71M |
| ChangeInAccountPayable | 215.00K | -2.97M | 10.09M | -2.71M |
| ChangeInPrepaidAssets | -3.75M | -3.10M | 911.00K | 64.00K |
| ChangeInInventory | -109.00K | -943.00K | -8.75M | -1.30M |
| ChangeInReceivables | 7.60M | -3.89M | -7.88M | 4.42M |
| ChangesInAccountReceivables | 7.60M | -3.89M | -7.88M | 4.42M |
| OtherNonCashItems | 253.00K | 64.00K | 36.00K | 104.00K |
| StockBasedCompensation | 698.00K | 528.00K | 776.00K | 671.00K |
| DeferredTax | 1.23M | 1.30M | -962.00K | -147.00K |
| DeferredIncomeTax | 1.23M | 1.30M | -962.00K | -147.00K |
| DepreciationAmortizationDepletion | 4.16M | 3.91M | 4.46M | 3.54M |
| DepreciationAndAmortization | 4.16M | 3.91M | 4.46M | 3.54M |
| AmortizationCashFlow | 1.03M | 889.00K | 1.28M | 633.00K |
| AmortizationOfIntangibles | 1.03M | 889.00K | 1.28M | 633.00K |
| Depreciation | 3.12M | 3.02M | 3.18M | 2.91M |
| NetIncomeFromContinuingOperations | 6.41M | 7.17M | -120.00K | -230.00K |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for ULBI
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|