UL Solutions Inc.ULSEarnings & Financial Report
NYSE
The UL enterprise is a global private safety company headquartered in Northbrook, Illinois, composed of three organizations, UL Research Institutes, UL Standards & Engagement and UL Solutions.
ULS Q3 2025 Key Financial Metrics
Revenue
$783.0M
Gross Profit
$394.0M
Operating Profit
$156.0M
Net Profit
$100.0M
Gross Margin
50.3%
Operating Margin
19.9%
Net Margin
12.8%
YoY Growth
7.1%
EPS
$0.49
Financial Flow
UL Solutions Inc. Q3 2025 Financial Summary
UL Solutions Inc. reported revenue of $783.0M for Q3 2025, with a net profit of $100.0M (12.8% margin). Cost of goods sold was $389.0M, operating expenses totaled $238.0M.
Key Financial Metrics
| Total Revenue | $783.0M |
|---|---|
| Net Profit | $100.0M |
| Gross Margin | 50.3% |
| Operating Margin | 19.9% |
| Report Period | Q3 2025 |
UL Solutions Inc. Annual Revenue by Year
UL Solutions Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $2.9B).
| Year | Annual Revenue |
|---|---|
| 2024 | $2.9B |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $676.0M | $670.0M | $730.0M | $731.0M | $739.0M | $705.0M | $776.0M | $783.0M |
| YoY Growth | N/A | 6.5% | 6.0% | 8.1% | N/A | 5.2% | 6.3% | 7.1% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | $2.82B | $2.74B | $2.88B | $2.80B | $2.88B | $2.92B | $2.90B |
| Liabilities | N/A | $2.14B | $1.96B | $1.98B | $1.87B | $1.89B | $1.81B | $1.68B |
| Equity | $1.20B | $671.0M | $769.0M | $872.0M | $904.0M | $970.0M | $1.09B | $1.19B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $141.0M | $103.0M | $150.0M | $130.0M | $154.0M | $147.0M | $155.0M |