Ultralife (ULBI) Invested Capital (2010 - 2026)
Ultralife (ULBI) recorded Invested Capital of $177.21 million in Q2 2026, down 6.5% from $189.59 million a year earlier and down 0.1% from the prior quarter.
Ultralife (ULBI) Invested Capital (2010 - 2026) Analysis & Trends
For FY2025, Ultralife reported Invested Capital of $179.79 million, down 4.6% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 8.7% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $188.44 million in FY2024 (+24.8%), $151.05 million in FY2023 (+9.7%), $137.71 million in FY2022 (-0.6%) and $138.6 million in FY2021 (+17.2%).
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q3 2024.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with growth averaging 11.1% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 31.7% in Q3 2025, against a decline of 6.7% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $177.37 million (Q1 2026), $179.79 million (Q4 2025) and $187.73 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 15.91 Bn |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 10.36 Bn |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 3.35 Bn |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 4.21 Bn |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | 3.01 Bn |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 1.75 Bn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 2.32 Bn |
| 10 | Ultralife | 112.98 Mn | 78.91 Mn | 13.87 Mn | 177.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 177.21 Mn |
| Mar 31, 2026 | 177.37 Mn |
| Dec 31, 2025 | 179.79 Mn |
| Sep 30, 2025 | 187.73 Mn |
| Jun 30, 2025 | 189.59 Mn |
| Mar 31, 2025 | 190.21 Mn |
| Dec 31, 2024 | 188.44 Mn |
| Sep 30, 2024 | 142.52 Mn |
| Jun 30, 2024 | 145.32 Mn |
| Mar 31, 2024 | 154.09 Mn |
| Dec 31, 2023 | 151.05 Mn |
| Sep 30, 2023 | 147.87 Mn |
| Jun 30, 2023 | 144.32 Mn |
| Mar 31, 2023 | 139.53 Mn |
| Dec 31, 2022 | 137.71 Mn |
| Sep 30, 2022 | 138.19 Mn |
| Jun 30, 2022 | 138.63 Mn |
| Mar 31, 2022 | 139.62 Mn |
| Dec 31, 2021 | 138.60 Mn |
| Sep 30, 2021 | 118.80 Mn |
Ultralife Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=ULBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "ULBI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=ULBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();