Ultralife Corporation (ULBI)
NASDAQ: ULBI · Real-Time Price · USD
5.59
-0.06 (-1.06%)
At close: Sep 11, 2026, 4:00 PM EDT
5.60
+0.01 (0.18%)
After-hours: Sep 11, 2026, 7:30 PM EDT
Ultralife Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -6.55 | -5.9 | 6.31 | 7.17 | -0.12 | -0.23 |
Depreciation & Amortization | 5.37 | 5.5 | 4.16 | 3.91 | 4.46 | 3.54 |
Other Amortization | 0.26 | 0.27 | 0.09 | 0.06 | 0.04 | 0.1 |
Asset Writedown & Restructuring Costs | 12.18 | 12.18 | - | - | - | - |
Stock-Based Compensation | 0.56 | 0.94 | 0.7 | 0.53 | 0.78 | 0.67 |
Other Operating Activities | -3.16 | -2.59 | 1.49 | 1.3 | -0.96 | -0.14 |
Change in Accounts Receivable | -2.49 | -4.35 | 7.6 | -3.89 | -7.88 | 4.42 |
Change in Inventory | -8.18 | -2.35 | -0.11 | -0.94 | -8.75 | -1.3 |
Change in Accounts Payable | 8.07 | 5.78 | 0.22 | -2.97 | 10.09 | -2.71 |
Change in Income Taxes | -0.17 | -0.17 | -0.06 | -0.14 | 0.18 | -0.09 |
Change in Other Net Operating Assets | -0.77 | 1.69 | -3.75 | -3.1 | 0.91 | 0.06 |
Operating Cash Flow | 5.13 | 10.99 | 16.64 | 1.93 | -1.26 | 4.33 |
Operating Cash Flow Growth | -69.98% | -33.94% | 762.42% | - | - | -80.09% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3.1 | -3.87 | -1.93 | -2.55 | -1.68 | -2.81 |
Cash Acquisitions | - | - | -48.02 | - | - | -23.52 |
Investing Cash Flow | -3.1 | -3.87 | -49.95 | -2.55 | -1.68 | -26.33 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | 55 | 7.25 | 3.35 | 20.98 |
Total Debt Issued | - | - | 55 | 7.25 | 3.35 | 20.98 |
Long-Term Debt Repaid | - | -4.75 | -25.75 | -3 | -2.83 | -1.47 |
Total Debt Repaid | -6.5 | -4.75 | -25.75 | -3 | -2.83 | -1.47 |
Net Debt Issued (Repaid) | -6.5 | -4.75 | 29.25 | 4.25 | 0.52 | 19.51 |
Issuance of Common Stock | 0.07 | 0.1 | 2 | 1.25 | 0.12 | 0.4 |
Repurchase of Common Stock | - | - | - | -0.01 | -0.02 | -0.15 |
Other Financing Activities | - | -0.02 | -1.39 | - | -0.1 | -0.11 |
Financing Cash Flow | -6.43 | -4.68 | 29.86 | 5.49 | 0.52 | 19.64 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.12 | 0.05 | 0.03 | -0.3 | -0.28 | 0.13 |
Net Cash Flow | -4.28 | 2.49 | -3.42 | 4.57 | -2.7 | -2.24 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2.03 | 7.12 | 14.7 | -0.62 | -2.94 | 1.51 |
Free Cash Flow Growth | -85.39% | -51.59% | - | - | - | -91.88% |
Free Cash Flow Margin | 1.08% | 3.72% | 8.94% | -0.39% | -2.23% | 1.54% |
Free Cash Flow Per Share | 0.12 | 0.43 | 0.88 | -0.04 | -0.18 | 0.09 |
Levered Free Cash Flow | 2.34 | 6.4 | 3.07 | -5.22 | -2.12 | -3.21 |
Unlevered Free Cash Flow | 4.34 | 8.6 | 4.19 | -4.02 | -1.57 | -3.16 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 3.69 | 3.69 | 1.86 | 1.96 | 0.93 | 0.14 |
Cash Income Tax Paid | 0.15 | 0.15 | 0.72 | 0.77 | 0.35 | 0.32 |
Change in Working Capital | -3.54 | 0.6 | 3.89 | -11.04 | -5.45 | 0.39 |