---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-017937"
form_type: "8-K"
ticker: "ULBI"
cik: "0000875657"
company_name: "ULTRALIFE CORP"
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:52:11.922680+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Ultralife Q2 revenue up 20% to $32.1M; net income falls to $0.5M from $0.8M

## Summary
- Revenue $32.1M (+20% YoY); net income $0.5M ($0.03 diluted EPS) vs $0.8M ($0.05) prior year.
- Operating income $0.8M vs $1.1M; gross margin 23.8% vs 27.1% on supply chain disruption and inflation.
- Battery & Energy sales +31.8% to $30.1M, boosted by Excell acquisition ($6.6M) and commercial growth; Communications Systems -49% to $2.0M on supply delays.
- Adjusted EBITDA flat at $2.2M (6.8% of sales vs 8.2%).
- CEO cites supply chain constraints delaying govt/defense shipments; expects continued challenges in H2.

## SEC filing metadata
- accession: 0001437749-22-017937
- form_type: 8-K
- ticker: ULBI
- cik: 0000875657
- company_name: ULTRALIFE CORP
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875657/000143774922017937/0001437749-22-017937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875657/000143774922017937/ulbi20220727_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-017937
- JSON: https://secwatch.observer/filing/0001437749-22-017937.json
- Plain text: https://secwatch.observer/filing/0001437749-22-017937.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.