Ultralife ULBI Revenue Breakdown

NASDAQ ULBI
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At close: Oct 23, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Ultralife, fiscal 2011 to 2025, as reported in its filings.
Annual history

Ultralife Revenue by Geography

Years FY 2012–2025
Lines 2
FY 2025 Total $191.16M

United States was Ultralife’s largest region in fiscal 2025, bringing in $137.08M of $191.16M (72%).

Ultralife revenue by geography, fiscal 2012 to 2025
Geography FY 2012 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
United States $67.91M $81.40M $97.04M $137.08M
Non-Us $63.93M $77.25M $67.42M $54.08M
Total $131.84M $158.64M $164.46M $191.16M
Totals include 10 discontinued lines from earlier reporting.

Ultralife revenue by geography: what the figures show

Ultralife brought in $191.16M from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 16.2% from $164.46M in fiscal 2024. United States was the largest at $137.08M (71.7%), ahead of Non-Us at $54.08M (28.3%).

Compared with fiscal 2024, United States grew 41.3% to $137.08M, while Non-Us fell 19.8% to $54.08M. From fiscal 2022 to 2025, combined revenue from these regions grew from $131.84M to $191.16M, a compound annual growth rate of 13.2%. United States' share of the total rose from 51.5% to 71.7%.

Annual history

Ultralife Revenue by Segment

Years FY 2011–2025
Lines 2
FY 2025 Total $191.16M

Battery & Energy Products was Ultralife’s largest segment in fiscal 2025, bringing in $178.04M of $191.16M (93%).

Ultralife revenue by segment, fiscal 2011 to 2025
Segment FY 2011 FY 2012 FY 2013 FY 2015 FY 2016 FY 2017 FY 2018 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Battery & Energy Products $120.00M $129.95M $144.08M $178.04M
Communications Systems $11.85M $28.69M $20.38M $13.12M
Total $131.84M $158.64M $164.46M $191.16M

Ultralife revenue by segment: what the figures show

Ultralife brought in $191.16M from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 16.2% from $164.46M in fiscal 2024. Battery & Energy Products was the largest at $178.04M (93.1%), ahead of Communications Systems at $13.12M (6.9%).

Compared with fiscal 2024, Battery & Energy Products grew 23.6% to $178.04M, while Communications Systems fell 35.6% to $13.12M. From fiscal 2022 to 2025, combined revenue from these segments grew from $131.84M to $191.16M, a compound annual growth rate of 13.2%. Battery & Energy Products' share of the total rose from 91.0% to 93.1%.

Annual history

Ultralife Revenue by Customer

Years FY 2015–2025
Lines 2
FY 2025 Total $191.16M

Commercial was Ultralife’s largest revenue line in fiscal 2025, bringing in $125.30M of $191.16M (66%).

Ultralife revenue by customer, fiscal 2015 to 2025
Customer FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Commercial $93.05M $100.84M $102.08M $125.30M
Government & Defense $38.80M $57.80M $62.37M $65.86M
Total $131.84M $158.64M $164.46M $191.16M

Ultralife revenue by customer: what the figures show

Ultralife brought in $191.16M from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That was up 16.2% from $164.46M in fiscal 2024. Commercial was the largest at $125.30M (65.5%), ahead of Government & Defense at $65.86M (34.5%).

Compared with fiscal 2024, Commercial grew 22.7% to $125.30M and Government & Defense grew 5.6% to $65.86M. From fiscal 2022 to 2025, combined revenue from these revenue lines grew from $131.84M to $191.16M, a compound annual growth rate of 13.2%. Commercial's share of the total fell from 70.6% to 65.5%.

Questions

Ultralife Revenue Breakdown FAQ

How does Ultralife make money?

Ultralife (ULBI) reports its revenue by geography, by segment and by customer. In fiscal 2025, United States was its largest region, bringing in $137.08M (71.7% of the total), followed by Non-Us at $54.08M (28.3%).

What is Ultralife's largest region?

United States was Ultralife's largest region in fiscal 2025, bringing in $137.08M, or 71.7% of the $191.16M total across its two regions.

What is Ultralife's largest segment?

Battery & Energy Products was Ultralife's largest segment in fiscal 2025, bringing in $178.04M, or 93.1% of the $191.16M total across its two segments.

What is Ultralife's largest revenue line?

Commercial was Ultralife's largest revenue line in fiscal 2025, bringing in $125.30M, or 65.5% of the $191.16M total across its two revenue lines.

Which Ultralife region is growing the fastest?

United States grew faster than Non-Us in fiscal 2025, up 41.3% from $97.04M to $137.08M. Non-Us fell 19.8% to $54.08M.

Where does this revenue breakdown data come from?

Every figure comes from Ultralife's annual financial filings, as reported. Each line keeps the name Ultralife gives it, and years follow its fiscal calendar.

How far back does Ultralife's revenue breakdown go?

Ultralife's revenue by geography goes back to fiscal 2012, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.