Ultralife (ULBI) Gross Margin (2010 - 2026)
Ultralife (ULBI) recorded quarterly Gross Margin of 21.31% in Q1 2026, down 14.31% quarter-over-quarter from 24.87% in Q4 2025, and down 381.0% on a YoY basis from 7.58% in Q1 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.
- In Q1 2026, Gross Margin fell 381.0% year-over-year to 21.31%; the TTM figure through Mar 2026 stood at 23.1% (down 206.0% YoY), while the FY2025 annual figure was 24.07%, down 165.0% from the prior year.
- Gross Margin was 21.31% for Q1 2026 at Ultralife, down from 24.87% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 27.36% in Q1 2024 to a low of 20.21% in Q3 2022.
- Historically, Gross Margin has averaged 23.99% across 5 years, with a median of 24.17% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 396 bps in 2022, then jumped 455 bps in 2023.
- A 5-year view of Gross Margin shows it 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.
- The last three Gross Margin figures came in at 21.31% (Q1 2026), 24.87% (Q4 2025), and 22.18% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 37.73% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 30.03% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 35.88% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 33.32% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 39.32% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 29.65% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 16.77% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 49.29% |
| 10 | Ultralife | 108.44 Mn | 99.67 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% |