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| Date | Value |
|---|---|
| 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 |