Ultralife (ULBI) Operating Margin (2009 - 2026)
Ultralife (ULBI) posted Operating Margin of 6.60% for Q3 2026, up 8.79 percentage points from -2.19% a year earlier but down 0.57 percentage points from the prior quarter.
Ultralife (ULBI) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Operating Margin at Ultralife was -2.18%, down 5.50 percentage points year-over-year; for FY2025, it came in at -3.09%, down 9.15 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -8.38 percentage points (FY2020 to FY2025).
- In prior years, Ultralife's Operating Margin was 6.06% in FY2024 (+0.09 pp), 5.97% in FY2023 (+5.87 pp), 0.10% in FY2022 (+0.06 pp) and 0.04% in FY2021 (-5.26 pp).
- Quarterly Operating Margin has run from a low of -21.88% in Q4 2025 to a high of 9.69% in Q1 2024 over five years.
- On a year-over-year basis, Operating Margin increased in two of the last eight quarters, with an average year-over-year change of -4.62 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q1 2024, with a gain of 9.61 percentage points; the weakest was Q4 2025, with a drop of 25.24 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 7.17% (Q2 2026), -0.45% (Q1 2026) and -21.88% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 11.03% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 18.24% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 44.37% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 18.71% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 13.86% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 12.40% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 16.58% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 12.15% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 6.19% |
| 10 | Ultralife | 262.13 Mn | 228.71 Mn | 13.29 Mn | 6.60% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.60% |
| 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% |
Ultralife Operating Margin 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=operating-margin&ticker=ULBI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=ULBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();