Ultralife financials
$6.38+5.45%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $191.2M | $164.5M | $158.6M | $131.8M | $98.3M | $107.7M | $106.8M | $87.2M | $85.5M | $82.5M |
| Gross profit | $46.0M | $42.3M | $39.2M | $29.4M | $24.6M | $29.2M | $31.2M | $25.6M | $26.2M | $25.1M |
| Gross margin | 24.1% | 25.7% | 24.7% | 22.3% | 25.1% | 27.1% | 29.2% | 29.3% | 30.7% | 30.4% |
| Operating income | -$5.9M | $10.0M | $9.5M | $129.0K | $35.0K | $5.7M | $7.4M | $6.6M | $6.5M | $3.8M |
| Net income | -$5.9M | $6.3M | $7.2M | -$119.0K | -$234.0K | $5.2M | $5.2M | $24.9M | $7.6M | $3.5M |
| Net margin | −3.1% | 3.8% | 4.5% | −0.1% | −0.2% | 4.9% | 4.9% | 28.6% | 8.9% | 4.3% |
| Diluted EPS | $-0.35 | $0.38 | $0.44 | $-0.01 | $-0.01 | $0.33 | $0.32 | $1.53 | $0.48 | $0.23 |
| EBITDA | $11.8M | $14.1M | $13.4M | $4.6M | $3.6M | $8.6M | $10.1M | $8.9M | $8.9M | $6.5M |
| Operating cash flow | $11.0M | $16.6M | $1.9M | -$1.3M | $4.3M | $21.7M | -$3.0M | $10.9M | $7.3M | $7.7M |
| Free cash flow | $7.1M | $14.7M | -$623.0K | -$2.9M | $1.5M | $18.6M | -$9.3M | $6.7M | $5.9M | $6.4M |
| Diluted shares | 16.6M | 16.8M | 16.2M | 16.1M | 16.0M | 16.1M | 16.2M | 16.3M | 15.9M | 15.4M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $9.3M | $6.9M | $10.3M | $5.7M | $8.4M | $10.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $49.7M | $54.3M | $25.6M | $21.3M | $20.9M | $1.4M |
| Total assets | $216.9M | $220.5M | $178.3M | $168.4M | $159.5M | $137.7M |
| Total liabilities | $86.8M | $86.3M | $52.8M | $52.0M | $41.8M | $20.8M |
| Shareholders' equity | $130.1M | $134.2M | $125.4M | $116.4M | $117.7M | $116.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology