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UltralifeULBI +0.98%73 Gross Margin % is 28.92% as of Jun. 2026, which is 10% above its 10-year median of 26.40. GuruFocus rates ULBI with a GF Score™ of 73/100 and a GF Value™ of $8.83 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,997 Industrial Products companies, Ultralife ranks worse than 56.36% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Ultralife's Gross Profit for the
three
months ended in Jun. 2026 was $13.9 Mil. Ultralife's Revenue for the
three
months ended in Jun. 2026 was $47.9 Mil. Therefore, Ultralife's Gross Margin % for the quarter that ended in Jun. 2026 was 28.92%.
Warning Sign:
Ultralife Corp gross margin has been in long-term decline. The average rate of decline per year is -1.2%.
The historical rank and industry rank for Ultralife's Gross Margin % or its related term are showing as below:
ULBI'
s Gross Margin % Range Over the Past 10 Years
Min: 22.3 Med: 26.4 Max: 30.67
Current: 24.38
During the past 13 years, the highestGross Margin % of Ultralife was 30.67%. The lowest was 22.30%. And the median was 26.40%.
ULBI's Gross Margin % is ranked worse than 56.36% of 2997
companies
in the Industrial Products industry
Industry Median: 26.85
vs ULBI: 24.38
Ultralife had a gross margin of 28.92% for the quarter that ended in Jun. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Ultralife was -1.20% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Ultralife had a gross margin of 28.92% for the quarter that ended in Jun. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Ultralife Gross Margin % Related Terms
Ultralife Gross Margin % Historical Data
* Premium members only.
The historical data trend for Ultralife's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ULBI vs NMAD, TGEN, APWC: Gross Margin % Comparison
For the Electrical Equipment & Parts subindustry, Ultralife's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ultralife Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ultralife's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Ultralife's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Ultralife (ULBI) has a Gross Margin % of 28.92% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Ultralife and its competitors. This is 10% above median its historical median of 26.40. Over the past decade, Ultralife's Gross Margin % has ranged from 22.30 to 30.67. According to the industry distribution chart, Ultralife ranks #1689 out of 2997 companies in the Industrial Products industry, placing it in the top 56.4%.
Is Ultralife's Gross Margin % too high?
Ultralife's current Gross Margin % of 28.92% is 10% above median its 10-year median of 26.40. Over the past 10 years, this metric has ranged from a low of 22.30 to a high of 30.67. The Industrial Products industry median Gross Margin % is 26.85. Ultralife's value of 28.92% is 7.7% above this industry median. Based on the distribution chart, Ultralife ranks #1689 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ultralife has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultralife's Gross Margin % compare to NMAD and TGEN?
According to the Industrial Products industry distribution chart, Ultralife ranks #1689 out of 2997 companies for Gross Margin %. This places Ultralife in the lower half of its industry. The industry median Gross Margin % is 26.85. Ultralife's value of 28.92% is 7.7% above this benchmark. Historically, Ultralife's own Gross Margin % has ranged from 22.30 to 30.67 over the past decade. While the company's 10-year median is 26.40 vs. the industry median of 26.85, Ultralife has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.85, based on 2,997 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ultralife's current Gross Margin % of 28.92% is 7.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Ultralife and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultralife's current Gross Margin % is 28.92%, which is 10% above median its own 10-year median of 26.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultralife stock overvalued right now?
Based on GuruFocus' analysis, Ultralife (ULBI) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.83, compared to a current price of $7.21 — trading 18.4% below its estimated fair value. The current Gross Margin % is 28.92%, which is 10% above median its 10-year median of 26.40 and 7.7% above the Industrial Products industry median of 26.85. Ultralife's overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Ultralife (ULBI), the current Gross Margin % is 28.92% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ultralife (ULBI) Overvalued in 2026?
Based on GuruFocus' analysis, Ultralife stock appears to be undervalued.
The current stock price of $7.21 is trading 18.4% below its estimated GF Value™ of $8.83.
GuruFocus considers Ultralife to be Modestly Undervalued.
Key valuation signals for ULBI:
Gross Margin %: 28.92% (10% above median its 10-year median of 26.40)
GF Value™: $8.83 vs. price of $7.21 (18.4% below fair value)
Industry Position: 7.7% above the Industrial Products median (#1689 of 2997)
No single metric tells the full story. See the ULBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company also designs, manufactures, installs, and maintains power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from the Battery and Energy Products segment, and from the U.S. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, and various other non-rechargeable batteries.
73GF Score
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