Ultralife Corporation — Third Quarter 2026 Earnings Summary

Ultralife Corporation reported third-quarter 2026 sales of $48.3 million, representing an 11.3% increase from the same period in 2025, driven primarily by a 56.7% growth in government and defense battery sales. The company achieved an operating income of $3.2 million and a GAAP earnings per share of $0.14, contrasting with an operating loss and negative earnings per share in the prior year. Ultralife's total backlog reached a record $136.0 million, while adjusted EBITDA rose to $5.6 million. On October 27, 2026, the company announced an agreement to be acquired by EnerSys in an all-cash transaction valued at approximately $320 million, with closing expected in the first quarter of 2027.