Ultralife (ULBI) Work In Process (2011 - 2026)

Ultralife (ULBI) recorded quarterly Work In Process of $6.0 million in Q1 2026, up 47.49% quarter-over-quarter from $4.0 million in Q4 2025, and up 14.95% on a YoY basis from $5.2 million in Q1 2025.

Ultralife (ULBI) Work In Process (2011 - 2026) Analysis & Trends

Ultralife's Work In Process history runs 16 years deep, the most recent figure standing at $6.0 million for Q1 2026.

  • In Q1 2026, Work In Process rose 14.95% year-over-year to $6.0 million; the TTM figure through Mar 2026 stood at $6.0 million (up 14.95% YoY), while the FY2025 annual figure was $4.0 million, down 10.13% from the prior year.
  • Work In Process was $6.0 million for Q1 2026 at Ultralife, up from $4.0 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $6.0 million in Q1 2026 to a low of $2.8 million in Q4 2022.
  • Historically, Work In Process has averaged $4.0 million across 5 years, with a median of $3.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Work In Process sank 34.78% in 2022, then surged 77.05% in 2025.
  • A 5-year view of Work In Process shows it stood at $2.8 million in 2022, then climbed by 15.6% to $3.2 million in 2023, then jumped by 41.23% to $4.5 million in 2024, then slipped by 10.13% to $4.0 million in 2025, then jumped by 47.49% to $6.0 million in 2026.
  • The last three Work In Process figures came in at $6.0 million (Q1 2026), $4.0 million (Q4 2025), and $3.6 million (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 5.97 Mn
Dec 31, 2025 4.05 Mn
Sep 30, 2025 3.57 Mn
Jun 30, 2025 5.64 Mn
Mar 31, 2025 5.19 Mn
Dec 31, 2024 4.50 Mn
Sep 30, 2024 3.11 Mn
Jun 30, 2024 3.19 Mn
Mar 31, 2024 3.59 Mn
Dec 31, 2023 3.19 Mn
Sep 30, 2023 4.34 Mn
Jun 30, 2023 4.13 Mn
Mar 31, 2023 4.59 Mn
Dec 31, 2022 2.76 Mn
Sep 30, 2022 3.22 Mn
Jun 30, 2022 3.53 Mn
Mar 31, 2022 3.52 Mn
Dec 31, 2021 4.23 Mn
Sep 30, 2021 3.49 Mn
Jun 30, 2021 3.12 Mn