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Ultralife Corporation

Ultralife Corporation designs, manufactures, installs, and maintains power, communication, and electronics systems worldwide. It 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 uninterruptible power supplies; and rugged military and commercial battery charging systems and accessories. The Communications Systems segment provides communications systems and accessories for military communications, 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. The company sells under brands including 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 through original equipment manufacturers and industrial and defense supply distributors. It also 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. Incorporated in 1990, it is headquartered in Newark, New York.

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Ultralife Stock Gains Post Q2 Earnings Despite Revenue Dip

Ultralife Corporation shares have gained 34.6% since the company reported second-quarter 2026 earnings, outperforming the S&P 500 Index's 0.04% loss over the same period. The company posted revenues of $47.9 million, down 1.3% from $48.6 million a year earlier, while GAAP earnings per share increased to $0.15 from $0.05. Gross margin expanded 500 basis points to 28.9%, helped by a $1.1 million net refund of previously paid IEEPA tariffs, and backlog reached a company record of $117.5 million. Management did not provide specific guidance but maintained an outlook for profitable growth in 2026, supported by backlog execution and margin initiatives.
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