Ultralife (ULBI) Gross Margin (2010 - 2026)

Ultralife's (ULBI) quarterly Gross Margin came in at 21.31% in Q1 2026, down 381.0% year-on-year from 7.58% in Q1 2025, and down 14.31% quarter-over-quarter from 24.87% in Q4 2025.

Ultralife (ULBI) Gross Margin (2010 - 2026) Analysis & Trends

Ultralife's Gross Margin history runs 17 years deep, the most recent figure standing at 21.31% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 381.0% year-over-year to 21.31% in Q1 2026; TTM through Mar 2026 was 23.1%, a 206.0% decrease from a year earlier, with the FY2025 full-year figure at 24.07%, down 165.0% from the prior year.
  • Gross Margin fell to 21.31% in Q1 2026 per ULBI's latest filing, from 24.87% in the prior quarter.
  • Across five years, Gross Margin topped out at 27.36% in Q1 2024 and bottomed at 20.21% in Q3 2022.
  • The 5-year median for Gross Margin is 24.17% (2024), against an average of 23.99%.
  • Across the five-year window, Gross Margin plunged 396 bps in 2022 and soared 455 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 22.38% in 2022, then grew by 14 bps to 25.59% in 2023, then slipped by 6 bps to 24.17% in 2024, then rose by 3 bps to 24.87% in 2025, then declined by 14 bps to 21.31% in 2026.
  • Per Business Quant, the three latest ULBI Gross Margin figures stand at 21.31% (Q1 2026), 24.87% (Q4 2025), and 22.18% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 33.45%
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 37.73%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 30.03%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 33.32%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 35.88%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.32%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 50.62%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 29.65%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 29.44%
10 Ultralife 89.61 Mn 80.84 Mn 10.11 Mn 21.31%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.31%
Dec 31, 2025 24.87%
Sep 30, 2025 22.18%
Jun 30, 2025 23.89%
Mar 31, 2025 25.12%
Dec 31, 2024 24.17%
Sep 30, 2024 24.32%
Jun 30, 2024 26.90%
Mar 31, 2024 27.36%
Dec 31, 2023 25.59%
Sep 30, 2023 24.75%
Jun 30, 2023 24.80%
Mar 31, 2023 23.30%
Dec 31, 2022 22.38%
Sep 30, 2022 20.21%
Jun 30, 2022 23.80%
Mar 31, 2022 22.91%
Dec 31, 2021 22.26%
Sep 30, 2021 23.47%
Jun 30, 2021 27.15%