Ultralife Corporation (ULBI)

Over the past six months, Ultralife's stock price has been impacted by several events, including the Q3 2025 earnings report, which showed increased sales but a net loss, leading to a negative market reaction. The company also filed a Notification of Late Filing with the SEC for its Q3 2025 Form 10-Q. Director stock purchases occurred in June and December 2025, which can be seen as a positive signal. The Q2 2025 earnings report showed a rise in revenue, and the company received an award from the U.S. Defense Logistics Agency. Overall, the share price declined by 22.60% from January 2, 2025, to December 31, 2025.

Information directly detailing the demand seasonality for Ultralife Corp.'s products and services is not explicitly available. The government and defense sector shows stable and potentially growing demand, while medical sales are expected to recover in the latter half of 2025, implying some cyclicality. The oil & gas sector is influenced by inventory cycles and market volatility. Supply chain disruptions can create fluctuations in demand fulfillment. The company aims for "level loading" to mitigate historical fluctuations in demand or sales patterns.

Ultralife Corporation is a global technology company specializing in advanced power solutions and communications and electronics systems, serving various sectors including government and defense, medical, and industrial. The company operates through two segments: Battery & Energy Products, offering rechargeable and non-rechargeable batteries and power solutions, and Communications Systems, providing communication solutions for military and commercial markets. Ultralife distributes its products through OEMs, distributors, and directly to defense departments, with brands including Ultralife®, Electrochem, and others.

Ultralife Corporation operates globally with locations in North America, Europe, and Asia, with its headquarters in Newark, New York. The company has a direct sales and distribution network across these regions, including operations in China and India.

Ultralife Corporation is a trusted provider of high-performance batteries, energy systems, and communication equipment, particularly for mission-critical applications. The company emphasizes strong engineering, reliability, and quality, with certified facilities and strategic acquisitions expanding its capabilities. However, declining profitability, cost pressures, competition, challenges in diversification, and over-reliance on a single defense customer have led to concerns and a "Sell" rating from some analysts.

Ultralife Corporation's ownership is widely held, with institutions commonly holding a majority of the free-float shares. As of December 2025, individual insiders hold 37.4% of shares, while institutions hold 37.8%. Major institutional owners include Visionary Wealth Advisors, Dimensional Fund Advisors L.P., and The Vanguard Group, Inc.