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ULBI logoUltralife Corporation (ULBI) Earnings History

Annual and quarterly earnings data from 1992 to 2024

TTM Net Income
$2M
Profitable
TTM EPS
$0.10
Diluted
YoY EPS Growth
-13.6%
Declining
Net Margin
3.8%
Profitability
Operating Margin6.1%
Gross Margin25.7%
ROE4.9%
ROA3.2%
Highest Annual Net Income$25M (2018)
Highest Quarterly EPS$1.26 (Q4 2004)
Consecutive Profitable Years2 years
Q3 2025
Net Income-$1M
EPS$-0.07
QoQ Growth-238.8%Declining

Loading earnings history...

ULBI EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-13.6%
Declining
3-Year
N/A
N/M
5-Year
+3.5%
Solid
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

ULBI Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202425.7%6.1%3.8%
202324.7%6.0%4.5%
202222.3%0.1%-0.1%
202125.1%0.0%-0.2%
202027.1%5.3%4.9%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Ultralife Corporation (ULBI) Earnings Overview

As of May 8, 2026, Ultralife Corporation (ULBI) reported trailing twelve-month net income of $2M, reflecting -13.6% year-over-year growth. The company earned $0.10 per diluted share over the past four quarters, with a net profit margin of 3.8%.

Looking at the long-term picture, ULBI's 5-year EPS compound annual growth rate (CAGR) stands at +3.5%, reflecting modest earnings expansion. The company achieved its highest annual net income of $25M in fiscal 2018.

Ultralife Corporation maintains positive profitability with a gross margin of 25.7%, operating margin of 6.1%, and net margin of 3.8%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including FLUX (-$6M net income, -10.0% margin), CBAT (-$7M net income, 6.7% margin), MVST (-$29M net income, -6.8% margin), ULBI has outperformed on profitability metrics. Compare ULBI vs FLUX →

ULBI Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ULBI logoULBICurrent
$2M$0.103.8%4.9%-13.6%—
FLUX logoFLUX
-$6M$-0.30-10.0%-+20.0%
CBAT logoCBAT
-$7M$-0.076.7%10.1%+574.5%
MVST logoMVST
-$29M$-0.09-6.8%-7.3%+85.2%
CLFD logoCLFD
-$9M$-0.63-5.4%-3.0%+31.8%
LIQT logoLIQT
-$9M$-0.93-51.7%-63.1%+45.7%
Best in group
Lowest in group

ULBI Historical Earnings Data (1992–2024)

33 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$6M-12.3%$10M$0.383.8%6.1%
2023$7M+6147.9%$9M$0.444.5%6.0%
2022$-119,000+49.1%$129,000$-0.01-0.1%0.1%
2021$-234,000-104.5%$35,000$-0.01-0.2%0.0%
2020$5M+0.5%$6M$0.334.9%5.3%
2019$5M-79.1%$7M$0.324.9%6.9%
2018$25M+226.0%$7M$1.5328.6%7.5%
2017$8M+118.0%$6M$0.488.9%7.6%
2016$4M+22.3%$4M$0.234.3%4.6%
2015$3M+235.6%$3M$0.173.8%4.4%

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Compare ULBI vs SPIR

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ULBI — Frequently Asked Questions

Quick answers to the most common questions about buying ULBI stock.

Is ULBI growing earnings?

ULBI EPS fell to $0.10, with earnings declining -13.6%. This contrasts with the 5-year CAGR of +3.5%. TTM net income dropped to $2M.

What are ULBI's profit margins?

Ultralife Corporation net margin is +3.8%, with operating margin at +6.1%. Below-average margins reflect competitive or cost pressures.

How consistent are ULBI's earnings?

ULBI earnings data spans 1992-2024. The declining earnings trend is -13.6% YoY. Historical data enables comparison across business cycles.

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ULBI Earnings Over Time (2013–2024)

Net income and EPS trends