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| Date | Value |
|---|---|
| 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% |