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Revenue by Segment
Breaks sales down by business unit (for example energy storage, power solutions, and aftermarket services), helping investors see where growth originates, how diversified the company is, and which segments are expanding or shrinking.
Battery & Energy has emerged as the clear growth engine, driving most of the top‑line lift, but that revenue strength hasn’t yet translated into stable margins because of recent production disruptions and scrap. Management’s record backlog and plans to double in‑house cell use and finish integration are the path to margin recovery. Communications Systems remains lumpy and timing‑sensitive; recent product wins could rebuild baseline revenue, but execution and procurement delays are the main near‑term risk to the story.
ULBI Revenue by Segment
| Date | Battery & Energy Products | Communications Systems |
|---|---|---|
| Jun 30, 2026 | $44.19M | $3.75M |
| Mar 31, 2026 | $44.16M | $3.29M |
| Dec 31, 2025 | $45.91M | $2.57M |
| Sep 30, 2025 | $39.95M | $3.42M |
| Jun 30, 2025 | $45.87M | $2.69M |
| Mar 31, 2025 | $46.32M | $4.42M |
| Dec 31, 2024 | $39.88M | $3.97M |
| Sep 30, 2024 | $32.53M | $3.17M |
| Jun 30, 2024 | $36.68M | $6.30M |
| Mar 31, 2024 | $34.99M | $6.94M |
| Dec 31, 2023 | $35.70M | $8.85M |
| Sep 30, 2023 | $31.92M | $7.57M |
| Jun 30, 2023 | $33.86M | $8.83M |
| Mar 31, 2023 | $28.47M | $3.45M |
| Dec 31, 2022 | $32.12M | $3.98M |
| Sep 30, 2022 | $28.58M | $4.65M |
| Jun 30, 2022 | $30.14M | $1.99M |
| Mar 31, 2022 | $29.15M | $1.22M |
| Dec 31, 2021 | $22.09M | $1.67M |
| Sep 30, 2021 | $20.01M | $1.75M |
| Jun 30, 2021 | $22.88M | $3.90M |
| Mar 31, 2021 | $22.11M | $3.86M |
