Ultralife Q2 FY26 GAAP EPS rises to $0.15; revenue falls 1.3% to $47.9 million

• Ultralife posted Q2 GAAP EPS of $0.15, up from $0.05 a year earlier; net income attributable to shareholders rose to $2.54 million.
• Revenue slipped 1.3% to $47.9 million, while gross margin widened 5 percentage points to 28.9% on favorable mix and an IEEPA tariff refund.
• Operating income climbed to $3.44 million despite $0.9 million of one-time costs; GAAP gross profit increased to $13.87 million.
• Backlog rose to a record $117.5 million; Communications Systems revenue increased 39.3% to $3.75 million.
• CEO Mike Manna said Communications Systems is positioned for gains as new products move through capture, with multiple launches planned later this year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ultralife Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608070700PRIMZONEFULLFEED9805648) on August 07, 2026, and is solely responsible for the information contained therein.