Ultralife (ULBI) Gross Margin (2010 - 2026)
Ultralife (ULBI) posted Gross Margin of 28.92% for Q2 2026, up 35.73% on a QoQ basis from 21.31% in Q1 2026, and up 503.0% year-over-year from 4.8% in Q2 2025.
Analysis
Ultralife (ULBI) Gross Margin (2010 - 2026) Analysis & Trends
Ultralife has reported Gross Margin for 17 years, with the latest figure at 28.92% in Q2 2026.
- On a quarterly basis, Gross Margin rose 503.0% year-over-year to 28.92% in Q2 2026; TTM through Jun 2026 was 24.38%, a 1.0% decrease from a year earlier, with the FY2025 full-year figure at 24.07%, down 165.0% from the prior year.
- Gross Margin was 28.92% for Q2 2026 at Ultralife, up from 21.31% in the prior quarter.
- The five-year high for Gross Margin was 28.92% in Q2 2026, with the low at 20.21% in Q3 2022.
- Average Gross Margin over 5 years is 24.27%, with a median of 24.25% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Gross Margin tumbled 396 bps in 2022, then jumped 503 bps in 2026.
- Over 5 years, Gross Margin stood at 22.38% in 2022, then increased by 14 bps to 25.59% in 2023, then dropped by 6 bps to 24.17% in 2024, then gained by 3 bps to 24.87% in 2025, then increased by 16 bps to 28.92% in 2026.
- The last three Gross Margin figures came in at 28.92% (Q2 2026), 21.31% (Q1 2026), and 24.87% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | 33.49% |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | - |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | 5.12% |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | -70.96% |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | 14.43% |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | 30.95% |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | 27.27% |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | 34.93% |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | 29.54% |
| 10 | Ultralife | 102.15 Mn | 95.58 Mn | 13.87 Mn | 28.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.92% |
| 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% |