Ultralife Corp balance sheet

At the end of fiscal 2025, Ultralife Corp had total assets of $217m, total liabilities of $86.8m and shareholders' equity of $130m. It held $9.3m in cash against $49.7m of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Ultralife Corp: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	6	5	5	10	16	18	14	11	18	26	7	11	8	6	10	7	9	7
Receivables	—	34	20	21	14	11	11	13	15	16	30	21	20	28	32	29	34	35
Inventory	—	33	35	30	26	26	24	23	26	23	30	28	33	41	42	51	54	59
Total current assets	—	76	64	64	59	57	52	49	62	67	70	64	67	79	90	97	106	107
Goodwill	—	18	18	16	16	16	16	20	20	20	27	27	38	37	38	45	45	45
Total assets	—	115	101	98	90	88	82	85	97	121	145	138	160	168	178	220	217	216
Accounts payable	—	16	14	11	7	7	6	7	9	10	9	11	10	16	11	14	17	23
Deferred revenue (current)	—	3	2	2	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total current liabilities	—	36	23	20	12	11	11	11	14	15	17	19	19	29	24	29	37	37
Short-term debt	—	—	—	—	—	—	—	—	—	—	1	1	2	2	2	3	4	2
Long-term debt	—	0	0	0	0	—	—	—	—	—	16	0	19	19	24	52	46	43
Total debt	0	0	0	0	0	0	0	0	0	0	17	1	21	21	26	55	50	45
Total liabilities	—	—	—	—	17	16	16	17	18	16	35	21	42	52	53	86	87	84
Shareholders' equity	78	74	73	74	74	72	66	68	79	105	110	117	118	116	125	134	130	133
Shares outstanding	—	—	—	—	17m	17m	15m	15m	16m	16m	16m	16m	16m	16m	16m	17m	17m	17m

US$ millions unless shown otherwise. Fiscal quarters.

Ultralife Corp: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	28	29	36	32	31	34	34	35
Inventory	44	51	48	51	53	54	57	59
Total current assets	86	97	101	99	101	106	110	107
Goodwill	38	45	45	45	45	45	45	45
Total assets	172	220	224	221	222	217	221	216
Accounts payable	13	14	17	15	14	17	24	23
Total current liabilities	26	29	31	30	34	37	43	37
Short-term debt	2	3	3	3	4	4	3	2
Long-term debt	6	52	51	48	47	46	44	43
Total debt	8	54	54	51	50	50	48	45
Total liabilities	38	86	87	82	85	87	91	84
Shareholders' equity	134	134	136	138	137	130	130	133
Shares outstanding	17m	17m	17m	17m	17m	17m	17m	17m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Ultralife Corp's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ultralife Corp.