---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-024877"
form_type: "8-K"
ticker: "ULBI"
cik: "0000875657"
company_name: "ULTRALIFE CORP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:35:26.066581+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ultralife Q3 rev up 53% to $33.2M; net loss narrows to $0.2M but gross margin slides

## Summary
- Revenue $33.2M, up 53% YoY; net loss $0.2M ($0.01/share) vs loss $0.6M ($0.04) in Q3 2021.
- Government/defense sales doubled YoY; backlog reached $106.2M, up 153% from prior year.
- Gross margin fell to 20.2% from 23.5%, pressured by supply chain disruptions and cost inflation.
- Battery & Energy Products revenue $28.6M (+43%); organic growth 8.5% after excluding Excell contribution.
- Operating loss improved to $0.6M; adjusted EBITDA $1.3M (3.8% of sales) vs $0.3M (1.3%) a year ago.

## SEC filing metadata
- accession: 0001437749-22-024877
- form_type: 8-K
- ticker: ULBI
- cik: 0000875657
- company_name: ULTRALIFE CORP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/875657/000143774922024877/0001437749-22-024877-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/875657/000143774922024877/ulbi20221025_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-024877
- JSON: https://secwatch.observer/filing/0001437749-22-024877.json
- Plain text: https://secwatch.observer/filing/0001437749-22-024877.txt

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