Ultralife Q1 revenue falls 6.5%, posts net loss

Ultralife

08/05/2026 12:07

Corrects Q1 EPS to -$0.03 from $0.03 in Key Details table

Overview

U.S. power solutions maker's Q1 revenue fell 6.5% yr/yr amid operational disruptions

Company posted Q1 net loss and negative EPS, citing lost production days and order delays

Ultralife's Q1 backlog reached record $115.1 mln, up from $110.2 mln in Q4 2025

Outlook

Ultralife says record backlog positions it to restore profitability and generate cash flow in 2026

Company remains focused on improving manufacturing efficiencies and ramping up new product production

Ultralife aims to drive Communications Systems orders to support future growth

Result Drivers

PRODUCTION DISRUPTIONS - Lost production days at Newark, NY and Raynham, MA facilities due to power outage, inventory integration, and weather negatively impacted results

ORDER DELAYS - Communications Systems sales remained weak due to continued order delays

HIGHER OPERATING EXPENSES - Operating expenses rose due to increased new product development costs and one-time consulting and litigation expenses

Company press release: ID:nGNXbWNLwr

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$47.45 mln
Q1 EPS
-$0.03
Q1 Net Income
-$471,000
Q1 Adjusted EBITDA
$3.21 mln
Q1 Operating Expenses
$10.33 mln
Q1 Operating Income
-$215,000
Q1 Pretax Profit
-$663,000


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)