Ultralife Corporation (ULBI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 2.26M | 1.49M | 174K | 5.93M | 3.37M | 3.05M | 4.75M | 8.93M | -81K | 2.43M | -889K | 1.75M | -1.36M | 2.56M | -427K | -178K | -3.22M | -4.14M | 1.51M | 3.05M |
| Operating CF Margin % | 4.75% | 3.07% | 0.4% | 12.22% | 6.64% | 6.95% | 13.3% | 20.76% | -0.19% | 5.46% | -2.25% | 4.1% | -4.28% | 7.1% | -1.28% | -0.55% | -10.61% | -17.41% | 6.93% | 11.4% |
| Operating CF Growth % | -33.02% | -51.12% | -96.33% | -33.5% | 4258.02% | 25.25% | 633.86% | 409.71% | 94.07% | -5.15% | -108.2% | 1083.71% | 57.64% | 161.98% | -128.33% | -105.83% | -182.55% | -1906.55% | -88.05% | -66.99% |
| Net Income | -451K | -7.42M | -1.22M | 879K | 1.86M | 194K | 279K | 2.97M | 2.89M | 2.87M | 1.3M | 3.35M | -335K | -225K | -242K | 508K | -161K | -1.13M | -603K | 822K |
| Depreciation & Amortization | 1.32M | 1.31M | 1.42M | 1.42M | 1.35M | 1.18M | 994K | 1.02M | 968K | 966K | 987K | 987K | 971K | 1.04M | 1.13M | 1.14M | 1.14M | 921K | 848K | 886K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 227K | 208K | 170K | 159K | 161K | 104K | 131K | 154K | 139K | 224K | 179K | 184K | 189K | 159K | 142K | 186K |
| Deferred Taxes | -328K | -2.67M | -485K | 265K | 344K | -63K | -99K | 744K | 650K | 56K | 357K | 1.28M | -390K | -279K | -308K | 27K | -402K | -274K | -218K | 177K |
| Other Non-Cash Items | 45K | 12.45M | 251K | 294K | 79K | 248K | 12K | 40K | 29K | -7K | 16K | 16K | 16K | 11K | 8K | 10K | 7K | 26K | 26K | -1.57M |
| Working Capital Changes | 1.67M | -2.18M | 209K | 3.08M | -502K | 1.28M | 3.39M | 4M | -4.78M | -1.56M | -3.68M | -4.03M | -1.77M | 1.79M | -1.2M | -2.05M | -4M | -3.84M | 1.31M | 2.55M |
| Change in Receivables | -529K | -2.92M | 1.27M | 3.91M | -6.61M | 3.48M | 3.47M | 4.22M | -3.56M | -4.46M | 1.37M | -4.17M | 3.37M | -448K | -5.05M | 339K | -2.72M | -391K | 2.42M | 438K |
| Change in Inventory | -3.31M | -1.22M | -2.23M | -2.51M | 3.61M | 1.44M | -2.27M | 2.42M | -1.7M | 4.68M | -744K | 1.14M | -6.03M | -33K | -2.11M | -3.33M | -3.27M | -1.31M | -847K | 497K |
| Change in Payables | 6.25M | 2.84M | 3.34M | -2.17M | 1.77M | -2.49M | 5.27M | -1.94M | -621K | -520K | -2.86M | 157K | 256K | 179K | 7.07M | 1.82M | 1.02M | -1.33M | 1.5M | -698K |
| Cash from Investing | -770K | -886K | -991K | -1.1M | -895K | -48.63M | -594K | -360K | -372K | -1M | -534K | -516K | -497K | -283K | -811K | -214K | -371K | -24.01M | -1.1M | -736K |
| Capital Expenditures | -770K | -882K | -995K | -1.1M | -895K | -606K | -594K | -360K | -372K | -1M | -534K | -516K | -497K | -283K | -811K | -214K | -371K | -490K | -1.1M | -736K |
| CapEx % of Revenue | 1.62% | 1.82% | 2.29% | 2.27% | 1.76% | 1.38% | 1.66% | 0.84% | 0.89% | 2.26% | 1.35% | 1.21% | 1.56% | 0.78% | 2.44% | 0.67% | 1.22% | 2.06% | 5.05% | 2.75% |
| Acquisitions | 0 | -4K | 4K | 0 | 0 | -48.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23.52M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23.52M | 0 | 0 |
| Cash from Financing | -2.06M | -687K | -627K | -2.65M | -687K | 45.68M | -4.08M | -11.93M | 185K | -301K | 2.43M | 1.56M | 1.8M | -1.58M | 1.3M | -429K | 1.22M | 20.58M | -394K | -122K |
| Debt Issued (Net) | -2.06M | -687K | -688K | -2.69M | -687K | 17.71M | -4.03M | -13.18M | -500K | -500K | 1.45M | 1.5M | 1.8M | -1.5M | 1.3M | -425K | 1.12M | 20.69M | -397K | -396K |
| Equity Issued (Net) | 0 | 0 | 37K | 61K | 0 | 39K | 24K | 1.25M | 685K | 207K | 979K | 0 | 0 | 0 | 0 | -4K | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4K | 0 | -4K | -7K | 0 | -81K | -9K |
| Other Financing | 0 | 0 | 24K | -24K | 0 | 27.93M | -68K | 0 | 0 | -8K | 0 | 62K | 0 | -79K | 3K | 0 | 106K | -114K | 3K | 274K |
| Net Change in Cash | -455K | 85K | -1.68M | 2.22M | 1.86M | 80K | 84K | -3.41M | -179K | 977K | 1.02M | 2.68M | -108K | 662K | -63K | -936K | -2.36M | -7.44M | 25K | 2.17M |
| Free Cash Flow | 1.49M | 607K | -821K | 4.83M | 2.47M | 2.44M | 4.15M | 8.56M | -453K | 1.43M | -1.42M | 1.24M | -1.86M | 2.28M | -1.24M | -392K | -3.59M | -4.63M | 408K | 2.32M |
| FCF Margin % | 3.13% | 1.25% | -1.89% | 9.96% | 4.87% | 5.56% | 11.63% | 19.93% | -1.08% | 3.2% | -3.6% | 2.89% | -5.83% | 6.32% | -3.73% | -1.22% | -11.83% | -19.47% | 1.87% | 8.65% |
| FCF Growth % | -39.91% | -75.12% | -119.77% | -43.55% | 645.92% | 70.99% | 391.78% | 593.52% | 75.67% | -37.44% | -14.94% | 415.05% | 48.18% | 149.3% | -403.43% | -116.93% | -205.24% | -377.01% | -96.67% | -72.03% |
| FCF per Share | 0.09 | 0.04 | -0.05 | 0.29 | 0.15 | 0.15 | 0.25 | 0.51 | -0.03 | 0.09 | -0.09 | 0.08 | -0.12 | 0.14 | -0.08 | -0.02 | -0.22 | -0.29 | 0.03 | 0.14 |
| FCF Conversion (FCF/Net Income) | -5.00x | -0.20x | -0.14x | 6.75x | 1.81x | 15.70x | 18.40x | 3.01x | -0.03x | 0.85x | -0.67x | 0.52x | 3.95x | -11.45x | 1.79x | -0.35x | 19.18x | 3.66x | -2.58x | 3.76x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |