Ultralife (ULBI) Work In Process (2011 - 2026)
Ultralife's Work In Process came in at $6.01 million for Q2 2026, up 6.6% from $5.64 million a year earlier and up 0.7% from the prior quarter.
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Analysis
Ultralife (ULBI) Work In Process (2011 - 2026) Analysis & Trends
At the end of FY2025, Ultralife's Work In Process was $4.05 million, down 10.1% from FY2024.
- Work In Process carries a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- Going back by year, Work In Process was $4.5 million in FY2024 (+41.2%), $3.19 million in FY2023 (+15.6%), $2.76 million in FY2022 (-34.8%) and $4.23 million in FY2021 (+23.9%).
- The Q2 2026 figure represents the highest quarterly Work In Process in data going back to Q4 2011.
- Year-over-year, Work In Process increased in six of the last eight quarters, with growth averaging 20.1%.
- The fastest year-over-year change in Work In Process over five years came in Q2 2025 (growth of 77.0%), and the weakest in Q4 2022 (a decline of 34.8%).
- Business Quant data shows ULBI's Work In Process at $5.97 million (Q1 2026), $4.05 million (Q4 2025) and $3.57 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn |
| 10 | Ultralife | 107.64 Mn | 73.58 Mn | 13.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.01 Mn |
| 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 |
API Access
Ultralife Work In Process 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=work-in-process&ticker=ULBI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=ULBI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();