Ultralife (ULBI) Operating Expenses (2010 - 2026)

Ultralife (ULBI) recorded quarterly Operating Expenses of $10.3 million in Q1 2026, down 54.44% quarter-over-quarter from $22.7 million in Q4 2025, and up 10.48% on a YoY basis from $9.3 million in Q1 2025.

Ultralife (ULBI) Operating Expenses (2010 - 2026) Analysis & Trends

Ultralife's Operating Expenses history runs 17 years deep, the most recent figure standing at $10.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 10.48% year-over-year to $10.3 million; the TTM figure through Mar 2026 stood at $52.9 million (up 54.29% YoY), while the FY2025 annual figure was $51.9 million, changed N/A from the prior year.
  • Operating Expenses was $10.3 million for Q1 2026 at Ultralife, down from $22.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $22.7 million in Q4 2025 to a low of $6.9 million in Q2 2022.
  • Historically, Operating Expenses has averaged $9.0 million across 5 years, with a median of $7.8 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses fell 1.41% in 2023, then surged 148.35% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $7.9 million in 2022, then fell by 1.41% to $7.8 million in 2023, then advanced by 17.7% to $9.1 million in 2024, then soared by 148.35% to $22.7 million in 2025, then plunged by 54.44% to $10.3 million in 2026.
  • The last three Operating Expenses figures came in at $10.3 million (Q1 2026), $22.7 million (Q4 2025), and $10.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 451.80 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 153.35 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 249.90 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 241.50 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 132.60 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 30.13 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 16.90 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 387.40 Mn
10 Ultralife 108.44 Mn 99.67 Mn 10.11 Mn 10.33 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.33 Mn
Dec 31, 2025 22.66 Mn
Sep 30, 2025 10.57 Mn
Jun 30, 2025 9.35 Mn
Mar 31, 2025 9.35 Mn
Dec 31, 2024 9.13 Mn
Sep 30, 2024 8.17 Mn
Jun 30, 2024 7.65 Mn
Mar 31, 2024 7.41 Mn
Dec 31, 2023 7.75 Mn
Sep 30, 2023 7.64 Mn
Jun 30, 2023 6.92 Mn
Mar 31, 2023 7.41 Mn
Dec 31, 2022 7.86 Mn
Sep 30, 2022 7.30 Mn
Jun 30, 2022 6.85 Mn
Mar 31, 2022 7.25 Mn
Dec 31, 2021 6.52 Mn
Sep 30, 2021 5.89 Mn
Jun 30, 2021 6.18 Mn