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Side-by-side financial comparison of UL Solutions Inc. (ULS) and Wingstop Inc. (WING). Click either name above to swap in a different company.
UL Solutions Inc. is the larger business by last-quarter revenue ($340.0M vs $183.7M, roughly 1.9× Wingstop Inc.). On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -12.4%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% CAGR vs -31.8%).
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.
Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.
ULS vs WING — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $340.0M | $183.7M |
| Net Profit | — | $29.9M |
| Gross Margin | — | 86.5% |
| Operating Margin | 24.4% | 27.4% |
| Net Margin | — | 16.3% |
| Revenue YoY | -12.4% | 7.4% |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $1.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $340.0M | $183.7M | ||
| Q4 25 | $789.0M | $175.7M | ||
| Q3 25 | $783.0M | $175.7M | ||
| Q2 25 | $776.0M | $174.3M | ||
| Q1 25 | $705.0M | $171.1M | ||
| Q4 24 | $739.0M | $161.8M | ||
| Q3 24 | $731.0M | $162.5M | ||
| Q2 24 | $730.0M | $155.7M |
| Q1 26 | — | $29.9M | ||
| Q4 25 | $67.0M | $26.8M | ||
| Q3 25 | $100.0M | $28.5M | ||
| Q2 25 | $91.0M | $26.8M | ||
| Q1 25 | $67.0M | $92.3M | ||
| Q4 24 | $81.0M | $26.8M | ||
| Q3 24 | $88.0M | $25.7M | ||
| Q2 24 | $101.0M | $27.5M |
| Q1 26 | — | 86.5% | ||
| Q4 25 | 49.7% | — | ||
| Q3 25 | 50.3% | — | ||
| Q2 25 | 49.4% | — | ||
| Q1 25 | 48.4% | — | ||
| Q4 24 | 47.4% | 85.6% | ||
| Q3 24 | 49.0% | 85.0% | ||
| Q2 24 | 50.1% | 85.4% |
| Q1 26 | 24.4% | 27.4% | ||
| Q4 25 | 15.0% | 26.7% | ||
| Q3 25 | 19.9% | 27.9% | ||
| Q2 25 | 17.9% | 25.9% | ||
| Q1 25 | 15.5% | 22.4% | ||
| Q4 24 | 15.6% | 25.9% | ||
| Q3 24 | 17.8% | 24.5% | ||
| Q2 24 | 17.3% | 26.5% |
| Q1 26 | — | 16.3% | ||
| Q4 25 | 8.5% | 15.2% | ||
| Q3 25 | 12.8% | 16.2% | ||
| Q2 25 | 11.7% | 15.4% | ||
| Q1 25 | 9.5% | 53.9% | ||
| Q4 24 | 11.0% | 16.5% | ||
| Q3 24 | 12.0% | 15.8% | ||
| Q2 24 | 13.8% | 17.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | $0.33 | $0.99 | ||
| Q3 25 | $0.49 | $1.02 | ||
| Q2 25 | $0.45 | $0.96 | ||
| Q1 25 | $0.33 | $3.24 | ||
| Q4 24 | $0.40 | $0.91 | ||
| Q3 24 | $0.44 | $0.88 | ||
| Q2 24 | $0.50 | $0.93 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $128.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | — |
| Total Assets | — | $648.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $128.8M | ||
| Q4 25 | $295.0M | $196.6M | ||
| Q3 25 | $255.0M | $237.6M | ||
| Q2 25 | $272.0M | $227.9M | ||
| Q1 25 | $267.0M | $251.4M | ||
| Q4 24 | $298.0M | $315.9M | ||
| Q3 24 | $327.0M | $84.0M | ||
| Q2 24 | $295.0M | $96.7M |
| Q1 26 | — | — | ||
| Q4 25 | $491.0M | $1.2B | ||
| Q3 25 | $544.0M | — | ||
| Q2 25 | $608.0M | — | ||
| Q1 25 | $653.0M | — | ||
| Q4 24 | $742.0M | $1.2B | ||
| Q3 24 | $797.0M | — | ||
| Q2 24 | $810.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $-736.8M | ||
| Q3 25 | $1.2B | $-702.6M | ||
| Q2 25 | $1.1B | $-686.0M | ||
| Q1 25 | $970.0M | $-715.0M | ||
| Q4 24 | $904.0M | $-675.6M | ||
| Q3 24 | $872.0M | $-447.5M | ||
| Q2 24 | $769.0M | $-437.5M |
| Q1 26 | — | $648.9M | ||
| Q4 25 | $2.9B | $693.4M | ||
| Q3 25 | $2.9B | $721.0M | ||
| Q2 25 | $2.9B | $708.3M | ||
| Q1 25 | $2.9B | $696.8M | ||
| Q4 24 | $2.8B | $716.2M | ||
| Q3 24 | $2.9B | $484.8M | ||
| Q2 24 | $2.7B | $451.8M |
| Q1 26 | — | — | ||
| Q4 25 | 0.39× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 0.82× | — | ||
| Q3 24 | 0.91× | — | ||
| Q2 24 | 1.05× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ULS
Segment breakdown not available.
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |