UL Solutions Inc.ULSEarnings & Financial Report
NYSE · Industrials · Services-Testing Laboratories
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 Q1 FY2026 Key Financial Metrics
Revenue
$340.0M
Gross Profit
N/A
Operating Profit
$83.0M
Net Profit
N/A
Gross Margin
N/A
Operating Margin
24.4%
Net Margin
N/A
YoY Growth
-12.4%
UL Solutions Inc. Q1 FY2026 Financial Summary
UL Solutions Inc. reported revenue of $340.0M (down 12.4% YoY) for Q1 FY2026, with a net profit of N/A (N/A margin).
Key Financial Metrics
| Total Revenue | $340.0M |
|---|---|
| Net Profit | N/A |
| Gross Margin | N/A |
| Operating Margin | 24.4% |
| Report Period | Q1 FY2026 |
UL Solutions Inc. Annual Revenue by Year
UL Solutions Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $3.1B).
UL Solutions Inc. Quarterly Revenue & Net Profit History
UL Solutions Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $340.0M | -12.4% | N/A | N/A |
| Q4 FY2025 | $789.0M | +6.8% | $67.0M | 8.5% |
| Q3 FY2025 | $783.0M | +7.1% | $100.0M | 12.8% |
| Q2 FY2025 | $776.0M | +6.3% | $91.0M | 11.7% |
| Q1 FY2025 | $705.0M | +5.2% | $67.0M | 9.5% |
| Q4 FY2024 | $739.0M | — | $81.0M | 11.0% |
| Q3 FY2024 | $731.0M | +8.1% | $88.0M | 12.0% |
| Q2 FY2024 | $730.0M | +6.0% | $101.0M | 13.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $730.0M | $731.0M | $739.0M | $705.0M | $776.0M | $783.0M | $789.0M | $340.0M |
| YoY Growth | 6.0% | 8.1% | N/A | 5.2% | 6.3% | 7.1% | 6.8% | -12.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.74B | $2.88B | $2.80B | $2.88B | $2.92B | $2.90B | $2.92B | N/A |
| Liabilities | $1.96B | $1.98B | $1.87B | $1.89B | $1.81B | $1.68B | $1.63B | N/A |
| Equity | $769.0M | $872.0M | $904.0M | $970.0M | $1.09B | $1.19B | $1.26B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $103.0M | $150.0M | $130.0M | $154.0M | $147.0M | $155.0M | $144.0M |