Ultralife (ULBI) Operating Margin (2010 - 2026)
Ultralife (ULBI) posted Operating Margin of 7.17% for Q2 2026, up 1682.0% on a QoQ basis from 0.45% in Q1 2026, and up 252.0% year-over-year from 2.04% in Q2 2025.
Analysis
Ultralife (ULBI) Operating Margin (2010 - 2026) Analysis & Trends
Ultralife has reported Operating Margin for 17 years, with the latest figure at 7.17% in Q2 2026.
- On a quarterly basis, Operating Margin rose 252.0% year-over-year to 7.17% in Q2 2026; TTM through Jun 2026 was 4.45%, a 872.0% decrease from a year earlier, with the FY2025 full-year figure at 3.09%, down 915.0% from the prior year.
- Operating Margin was 7.17% for Q2 2026 at Ultralife, up from 0.45% in the prior quarter.
- The five-year high for Operating Margin was 9.69% in Q1 2024, with the low at 21.88% in Q4 2025.
- Average Operating Margin over 5 years is 2.23%, with a median of 2.91% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Margin jumped 961 bps in 2024, then tumbled 2524 bps in 2025.
- Over 5 years, Operating Margin stood at 0.6% in 2022, then surged by 1263 bps to 8.19% in 2023, then slumped by 59 bps to 3.36% in 2024, then slumped by 751 bps to 21.88% in 2025, then surged by 133 bps to 7.17% in 2026.
- The last three Operating Margin figures came in at 7.17% (Q2 2026), 0.45% (Q1 2026), and 21.88% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | EnerSys | 6.60 Bn | 6.08 Bn | 313.36 Mn | 16.18% |
| 2 | QuantumScape | 3.38 Bn | 3.38 Bn | - | - |
| 3 | Fluence Energy | 1.91 Bn | 1.40 Bn | 33.24 Mn | -4.58% |
| 4 | Eos Energy Enterprises | 1.32 Bn | 972.43 Mn | -48.80 Mn | -121.86% |
| 5 | Enovix | 727.73 Mn | 729.77 Mn | 1.30 Mn | -479.79% |
| 6 | Energy Vault Holdings | 690.97 Mn | 609.42 Mn | 5.38 Mn | -141.97% |
| 7 | Amprius Technologies | 467.46 Mn | 392.94 Mn | 9.28 Mn | -12.63% |
| 8 | Electrovaya | 290.55 Mn | 277.47 Mn | 6.19 Mn | 4.45% |
| 9 | Microvast Holdings | 265.33 Mn | 122.20 Mn | 25.78 Mn | -1.97% |
| 10 | Ultralife | 102.15 Mn | 95.58 Mn | 13.87 Mn | 7.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.17% |
| Mar 31, 2026 | -0.45% |
| Dec 31, 2025 | -21.88% |
| Sep 30, 2025 | -2.19% |
| Jun 30, 2025 | 4.65% |
| Mar 31, 2025 | 6.70% |
| Dec 31, 2024 | 3.36% |
| Sep 30, 2024 | 1.43% |
| Jun 30, 2024 | 9.11% |
| Mar 31, 2024 | 9.69% |
| Dec 31, 2023 | 8.19% |
| Sep 30, 2023 | 5.41% |
| Jun 30, 2023 | 8.58% |
| Mar 31, 2023 | 0.08% |
| Dec 31, 2022 | 0.60% |
| Sep 30, 2022 | -1.76% |
| Jun 30, 2022 | 2.47% |
| Mar 31, 2022 | -0.97% |
| Dec 31, 2021 | -5.17% |
| Sep 30, 2021 | -3.58% |