Ultralife (ULBI) Work In Process (2011 - 2026)
Ultralife (ULBI) posted Work In Process of $6.0 million for Q2 2026, up 0.74% on a QoQ basis from $6.0 million in Q1 2026, and up 6.58% year-over-year from $5.6 million in Q2 2025.
Analysis
Ultralife (ULBI) Work In Process (2011 - 2026) Analysis & Trends
Ultralife has reported Work In Process for 16 years, with the latest figure at $6.0 million in Q2 2026.
- On a quarterly basis, Work In Process rose 6.58% year-over-year to $6.0 million in Q2 2026; TTM through Jun 2026 was $6.0 million, a 6.58% increase from a year earlier, with the FY2025 full-year figure at $4.0 million, down 10.13% from the prior year.
- Work In Process was $6.0 million for Q2 2026 at Ultralife, up from $6.0 million in the prior quarter.
- The five-year high for Work In Process was $6.0 million in Q2 2026, with the low at $2.8 million in Q4 2022.
- Average Work In Process over 5 years is $4.1 million, with a median of $3.8 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Work In Process plunged 34.78% in 2022, then soared 77.05% in 2025.
- Over 5 years, Work In Process stood at $2.8 million in 2022, then grew by 15.6% to $3.2 million in 2023, then surged by 41.23% to $4.5 million in 2024, then dropped by 10.13% to $4.0 million in 2025, then surged by 48.58% to $6.0 million in 2026.
- The last three Work In Process figures came in at $6.0 million (Q2 2026), $6.0 million (Q1 2026), and $4.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | EnerSys | 6.54 Bn | 6.01 Bn | 313.36 Mn |
| 2 | QuantumScape | 3.22 Bn | 3.22 Bn | - |
| 3 | Eos Energy Enterprises | 1.38 Bn | 1.03 Bn | -48.80 Mn |
| 4 | Fluence Energy | 1.35 Bn | 785.18 Mn | 33.24 Mn |
| 5 | Energy Vault Holdings | 751.59 Mn | 644.24 Mn | 5.38 Mn |
| 6 | Enovix | 689.37 Mn | 689.37 Mn | 1.30 Mn |
| 7 | Amprius Technologies | 444.75 Mn | 370.24 Mn | 9.28 Mn |
| 8 | Electrovaya | 258.69 Mn | 245.61 Mn | 6.19 Mn |
| 9 | Microvast Holdings | 217.12 Mn | 73.99 Mn | 25.78 Mn |
| 10 | Ultralife | 93.12 Mn | 86.46 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 |