Ultralife Q3 sales rise 11.3% to $48.3 million; pending $320 million EnerSys deal
Ultralife reported third-quarter 2026 sales of $48.3 million, up 11.3% from a year earlier, with GAAP net income of $2.4 million, or $0.14 per share, compared with a loss of $0.07 per share in the 2025 quarter. The company had already agreed on October 27, 2026 to be acquired by EnerSys in an all-cash transaction valued at approximately $320 million, which is expected to close in the first quarter of 2027, so Ultralife will not hold a conference call on the results.
Key points
- Q3 2026 sales of $48.3 million vs. $43.4 million in Q3 2025; gross margin 27.5% vs. 22.2%
- Operating income of $3.2 million vs. an operating loss of $1.0 million a year earlier; GAAP EPS $0.14 vs. ($0.07)
- Backlog of $136.0 million at quarter end, up from $117.5 million at the end of Q2 2026
- All-cash acquisition by EnerSys (NYSE: ENS) valued at approximately $320 million, including assumed net debt; expected close in Q1 2027
The filing
Written by AI on Nov 9, 2026, 3:51 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.