The earnings call presented a mixed picture with significant revenue growth driven by government defense sales and successful integration of Electrochem, while challenges included a decline in operating income, gross margins, and sales in key segments. The company showed progress in new product development and debt reduction, but faced headwinds from tariffs and increased operating expenses.

Company Guidance -

Q3 2025

During the Ultralife Corporation's Second Quarter 2025 earnings call, management provided guidance that included several key financial metrics. The company reported Q2 sales of $48.6 million, with an operating income of $2.3 million, which included a onetime adjustment of $0.3 million. The net profit for the quarter was $0.9 million, resulting in $0.05 EPS on a GAAP basis and $0.07 on an adjusted basis. Gross profit was $11.6 million, representing a gross margin of 23.9%, a decline of 300 basis points from the previous year due to unfavorable product mix and tariffs. The company successfully reduced its acquisition debt by $0.7 million in Q2 and received $1.8 million from an employee retention credit. Operating expenses were $9.3 million, an increase of 22.2% from the prior year, attributed to new product development and acquisition-related costs. The total backlog with high-confidence orders was $89 million, with a solid replenishment rate. Management expressed optimism for the second half of the year, citing expected improvements in the Communications Systems segment and a rebound in medical and oil and gas markets.

Revenue Growth

Q2 2025 sales increased to $48.6 million from $43 million in Q2 2024, mainly driven by the Battery & Energy Products segment.

Government Defense Sales Increase

Government defense sales grew by 61.1%, reflecting strong demand from U.S.-based global prime.

Debt Reduction

Over $0.7 million of acquisition debt was repaid in Q2 2025, with total debt reduction of $3.4 million in the first half of 2025.

Electrochem Integration Progress

Successful transition of Electrochem's ERP and office systems to Ultralife systems, with further integration planned for Q3 2025.

New Product Development

Positive momentum in new product development, including the ruggedizer server case portfolio and a new 20-Watt amplifier.

Employee Retention Credit

Received $1.8 million from the employee retention credit, which was used to reduce acquisition debt.

Ultralife (ULBI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ULBI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	0.21 / -	0.02	―	―	―
Aug 07, 2025	2025 (Q2)	0.13 / 0.05	0.18	-72.22% (-0.13)	―
May 09, 2025	2025 (Q1)	- / 0.11	0.18	-38.89% (-0.07)	―
Apr 01, 2025	2024 (Q4)	0.13 / 0.11	0.18	-38.89% (-0.07)	―
Nov 08, 2024	2024 (Q3)	0.18 / 0.02	0.08	-75.00% (-0.06)	―
Jul 25, 2024	2024 (Q2)	0.12 / 0.18	0.21	-14.29% (-0.03)	―
Apr 25, 2024	2024 (Q1)	0.09 / 0.18	-0.02	1000.00% (+0.20)	―
Feb 15, 2024	2023 (Q4)	0.07 / 0.17	-0.01	1800.00% (+0.18)	―
Oct 26, 2023	2023 (Q3)	0.08 / 0.08	-0.01	900.00% (+0.09)	―
Jul 27, 2023	2023 (Q2)	0.02 / 0.21	0.03	600.00% (+0.18)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ULBI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$8.16	$6.77	-17.03%
May 09, 2025	$4.88	$5.05	+3.48%
Apr 01, 2025	$5.38	$5.05	-6.13%
Nov 08, 2024	$9.28	$7.98	-14.01%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ultralife Corp. (ULBI) report earnings?

Ultralife Corp. (ULBI) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is Ultralife Corp. (ULBI) earnings time?

Ultralife Corp. (ULBI) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ULBI EPS forecast?

ULBI EPS forecast for the fiscal quarter 2025 (Q3) is 0.21.

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