Filing Flows › Ultralife (ULBI) › Q3 2026 › vs Q3 2025
Ultralife (ULBI) Q3 2026 vs Q3 2025 (year over year)
Ultralife's revenue rose $4.9M (+11%) from $43.4M in Q3 2025 to $48.3M in Q3 2026. The biggest changes: Battery & Energy Products Segment +$5.1M (+13%); Communications Systems Segment −$243K (-7%). Gross margin 27.5% against 22.2% (+5.4 pts).
Ultralife, Q3 2026: revenue $48.3M (+11% year over year), operating margin 6.6%, net earnings $2.4M, operating cash flow −$2.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 27.5% | 22.2% | +5.4 pts |
| Operating margin | 6.6% | -2.2% | +8.8 pts |
| Net margin | 4.9% | -2.9% | +7.8 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Battery & Energy Products Segment | $45.1M | $39.9M | $5.1M | +13% |
| Communications Systems Segment | $3.2M | $3.4M | −$243K | -7% |
| Revenue | $48.3M | $43.4M | $4.9M | +11% |
| Gross profit | $13.3M | $9.6M | $3.7M | +38% |
| Cost of revenue | $35.0M | $33.8M | $1.2M | +4% |
| Operating profit | $3.2M | −$951K | $4.1M | — |
| Operating expenses | $10.1M | $10.6M | −$463K | -4% |
| Pre-tax earnings | $2.7M | −$1.8M | $4.5M | — |
| Other expense, net | $441K | $800K | −$359K | -45% |
| Research & development | $3.2M | $2.9M | $334K | +12% |
| SG&A | $6.9M | $7.7M | −$797K | -10% |
| Net earnings | $2.4M | −$1.2M | $3.6M | — |
| Income tax | $362K | −$504K | $866K | — |
| Operating cash sources | $6.8M | $210K | $6.6M | 32× |
| Depreciation & amortization | $1.4M | $1.4M | −$54K | -4% |
| Share-based compensation | $92K | $236K | −$144K | -61% |
| Cash used in operations | $2.9M | −$198K | $3.1M | — |
| Working capital & other | $6.8M | $210K | $6.6M | 32× |
Questions
How much did Ultralife's revenue grow year over year in Q3 2026?
Ultralife's revenue rose $4.9M (+11%) from $43.4M in Q3 2025 to $48.3M in Q3 2026.
What drove Ultralife's revenue change in Q3 2026?
Battery & Energy Products Segment +$5.1M (+13%); Communications Systems Segment −$243K (-7%).