Ultralife (ULBI) Revenue & Revenue Breakdown

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Ultralife Revenue Highlights

Latest Revenue (Y)

$158.64M

Latest Revenue (Q)

$35.69M

Main Segment (Y)

Battery & Energy Products Segment

Main Geography (Y)

Non-US

Ultralife Revenue by Period

Ultralife Revenue by Year

Date	Revenue	Change
2023-12-31	$158.64M	20.33%
2022-12-31	$131.84M	34.17%
2021-12-31	$98.27M	-8.77%
2020-12-31	$107.71M	0.86%
2019-12-31	$106.80M	22.49%
2018-12-31	$87.19M	1.94%
2017-12-31	$85.53M	3.72%
2016-12-31	$82.46M	7.89%
2015-12-31	$76.43M	14.94%
2014-12-31	$66.49M	-15.65%
2013-12-31	$78.83M	-22.45%
2012-12-31	$101.66M	-27.07%
2011-12-31	$139.39M	-21.95%
2010-12-31	$178.58M	3.76%
2009-12-31	$172.11M	-32.43%
2008-12-31	$254.70M	85.11%
2007-12-31	$137.60M	47.09%
2006-12-31	$93.55M	32.69%
2005-12-31	$70.50M	-28.19%
2004-12-31	$98.18M	23.58%
2003-12-31	$79.45M	144.35%
2002-06-30	$32.52M	34.57%
2001-06-30	$24.16M	-1.43%
2000-06-30	$24.51M	16.18%
1999-06-30	$21.10M	28.66%
1998-06-30	$16.40M	3.14%
1997-06-30	$15.90M	5.30%
1996-06-30	$15.10M	3.42%
1995-06-30	$14.60M	175.47%
1994-06-30	$5.30M	35.90%
1993-06-30	$3.90M	-

Ultralife generated $158.64M in revenue during NA 2023, up 20.33% compared to the previous quarter, and up 181.95% compared to the same period a year ago.

Ultralife Revenue by Quarter

Date	Revenue	Change
2024-09-30	$35.69M	-16.96%
2024-06-30	$42.98M	2.52%
2024-03-31	$41.93M	-5.88%
2023-12-31	$44.55M	12.81%
2023-09-30	$39.49M	-7.50%
2023-06-30	$42.69M	33.76%
2023-03-31	$31.92M	-11.61%
2022-12-31	$36.11M	8.64%
2022-09-30	$33.23M	3.45%
2022-06-30	$32.13M	5.77%
2022-03-31	$30.37M	27.82%
2021-12-31	$23.76M	9.20%
2021-09-30	$21.76M	-18.71%
2021-06-30	$26.77M	3.07%
2021-03-31	$25.97M	-10.36%
2020-12-31	$28.98M	18.94%
2020-09-30	$24.36M	-14.70%
2020-06-30	$28.56M	10.64%
2020-03-31	$25.81M	-16.79%
2019-12-31	$31.02M	12.84%
2019-09-29	$27.49M	-6.48%
2019-06-30	$29.40M	55.69%
2019-03-31	$18.88M	-9.77%
2018-12-31	$20.93M	2.94%
2018-09-30	$20.33M	-11.08%
2018-07-01	$22.86M	-0.89%
2018-04-01	$23.07M	2.49%
2017-12-31	$22.51M	6.95%
2017-10-01	$21.05M	5.56%
2017-07-02	$19.94M	-9.51%
2017-04-02	$22.04M	1.90%
2016-12-31	$21.63M	10.16%
2016-09-25	$19.63M	-3.63%
2016-06-26	$20.37M	-2.22%
2016-03-27	$20.83M	8.22%
2015-12-31	$19.25M	1.09%
2015-09-27	$19.04M	0.47%
2015-06-28	$18.95M	-1.16%
2015-03-29	$19.18M	-3.87%
2014-12-31	$19.95M	24.19%
2014-09-28	$16.06M	5.68%
2014-06-29	$15.20M	-0.56%
2014-03-30	$15.29M	-24.24%
2013-12-31	$20.18M	-0.91%
2013-09-29	$20.36M	17.84%
2013-06-30	$17.28M	-17.79%
2013-03-31	$21.02M	-28.19%
2012-12-31	$29.27M	11.79%
2012-09-30	$26.18M	39.96%
2012-07-01	$18.71M	-31.98%
2012-04-01	$27.50M	-12.33%
2011-12-31	$31.37M	-12.88%
2011-10-02	$36.01M	-17.33%
2011-07-03	$43.55M	41.67%
2011-04-03	$30.74M	-38.22%
2010-12-31	$49.77M	-6.60%
2010-09-26	$53.28M	43.91%
2010-06-27	$37.02M	-3.85%
2010-03-28	$38.51M	-23.52%
2009-12-31	$50.35M	18.85%
2009-09-27	$42.36M	7.00%
2009-06-28	$39.59M	-0.53%
2009-03-29	$39.80M	-19.14%
2008-12-31	$49.22M	-27.61%
2008-09-27	$67.99M	-22.65%
2008-06-28	$87.90M	77.26%
2008-03-29	$49.59M	34.79%
2007-12-31	$36.79M	-

Ultralife generated $35.69M in revenue during Q3 2024, up -16.96% compared to the previous quarter, and up 83.61% compared to the same period a year ago.

Ultralife Revenue Breakdown

Ultralife Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 21	Dec 20	Dec 19	Dec 18
Corporate Segment	-	-	-	-	-
Battery & Energy Products Segment	$129.95M	$87.08M	-	-	-
Communications Systems Segment	$28.69M	$11.18M	-	-	-
Grant	-	-	$188.00K	$78.00K	$97.00K

Ultralife's latest annual revenue breakdown by segment (product or service), as of Dec 23: Battery & Energy Products Segment (81.91%), and Communications Systems Segment (18.09%).

Quarterly Revenue by Product

Product/Service	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Battery & Energy Products Segment	$35.70M	$31.92M	$33.86M	$28.47M	$32.12M	$28.58M	$30.14M	$29.15M	$22.09M	$20.01M	$22.88M	$22.11M	$25.29M	$22.58M	-	-	-	-	-	-
Communications Systems Segment	$8.85M	$7.57M	$8.83M	$3.45M	$3.98M	$4.65M	$1.99M	$1.22M	$1.67M	$1.75M	$3.90M	$3.86M	$3.69M	$4.92M	-	-	-	-	-	-
Corporate Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Grant	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.00K	$161.00K	$20.00K	$78.00K	$23.00K	$38.00K	-

Ultralife's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Battery & Energy Products Segment (80.15%), and Communications Systems Segment (19.85%).

Ultralife Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 21
Non-US	$77.25M	-
Communications Systems Segment	-	$11.18M
Battery & Energy Products Segment	-	$87.08M
Corporate Segment	-	-

Ultralife's latest annual revenue breakdown by geography, as of Dec 23: Non-US (100.00%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Dec 23	Sep 23
Non-US	$14.82M	$19.58M	$58.03M	$19.21M

Ultralife's latest quarterly revenue breakdown by geography, as of Sep 24: Non-US (100.00%).

Ultralife Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NVT	nVent Electric	$3.26B	$782.00M
ENR	Energizer	$2.96B	$701.40M
KE	Kimball Electronics	$1.71B	$374.26M
AEIS	Advanced Energy Industries	$1.66B	$374.22M
HAYW	Hayward	$992.45M	$227.57M
HOLI	Hollysys Automation	$777.37M	$183.59M
POWL	Powell Industries	$699.31M	$288.17M
ULBI	Ultralife	$158.64M	$35.69M
NVX	Novonix	$8.05M	$4.17M
NEOV	NeoVolta	$2.65M	$590.24K

ULBI Revenue FAQ

What is Ultralife’s yearly revenue?

Ultralife's yearly revenue for 2023 was $158.64M, representing an increase of 20.33% compared to 2022. The company's yearly revenue for 2022 was $131.84M, representing an increase of 34.17% compared to 2021. ULBI's yearly revenue for 2021 was $98.27M, representing a decrease of -8.77% compared to 2020.

What is Ultralife’s quarterly revenue?

Ultralife's quarterly revenue for Q3 2024 was $35.69M, a -16.96% decrease from the previous quarter (Q2 2024), and a -9.61% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $42.98M, a 2.52% increase from the previous quarter (Q1 2024), and a 0.68% increase year-over-year (Q2 2023). ULBI's quarterly revenue for Q1 2024 was $41.93M, a -5.88% decrease from the previous quarter (Q4 2023), and a 31.37% increase year-over-year (Q1 2023).

What is Ultralife’s revenue growth rate?

Ultralife's revenue growth rate for the last 3 years (2021-2023) was 61.44%, and for the last 5 years (2019-2023) was 48.55%.

What are Ultralife’s revenue streams?

Ultralife's revenue streams in c 23 are Battery & Energy Products Segment, and Communications Systems Segment. Battery & Energy Products Segment generated $129.95M in revenue, accounting 81.91% of the company's total revenue, up 49.23% year-over-year. Communications Systems Segment generated $28.69M in revenue, accounting 18.09% of the company's total revenue, up 156.54% year-over-year.

What is Ultralife’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Ultralife was Battery & Energy Products Segment. This segment made a revenue of $129.95M, representing 81.91% of the company's total revenue.