earnings
confidence high
sentiment positive
materiality 0.75
Ultralife Q2 EPS $0.15 vs $0.05; record backlog $117.5M, gross margin up 500 bps
ULTRALIFE CORP
2026-Q2 EPS reported
$13.00
revenue$95,388,000
- Sales $47.9M, down 1.3% YoY; gross margin 28.9% vs 23.9% (incl. $1.1M IEEPA refund).
- GAAP EPS $0.15 vs $0.05; adjusted EBITDA $6.1M vs $4.1M.
- Backlog $117.5M, record high, up from $115.1M Q1 and $84.5M year ago.
- Communications Systems sales up 39.3% to $3.8M; Battery & Energy down 3.7% to $44.2M.
- One-time costs $0.9M (litigation for cyber-insurance claim, consulting); 45X tax credit partially offsets interest.