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UL Solutions Inc. (ULS) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Industrials · Specialty Business Services · DATA UPDATED 2026-07-09

UL Solutions Inc. (ULS) operates in the Specialty Business Services industry and is headquartered in Northbrook, United States with about 14,587 employees. Its market capitalization is roughly $17 billion. In the fiscal year ended 2025-12-31, ULS reported $3.1B in revenue and $325M in net income.

UL Solutions Inc., together with its subsidiaries, provides testing, inspection and certification services and related software and advisory services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory.

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ULS Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$3.1B$2.9B$2.7B$2.5B
Gross Profit$1.5B$1.4B$1.3B$1.2B
Operating Income (EBIT)$557M$461M$409M$412M
Net Income$325M$326M$260M$293M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ULS Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Total Revenue$758M$789M$783M$776M$705M
Gross Profit$381M$392M$394M$383M$340M
Operating Income (EBIT)$138M$153M$156M$139M$108M
Net Income$92M$67M$100M$91M$67M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ULS Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($104M)($100M)($680M)($1.6B)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ULS Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($29M)($26M)($26M)($26M)($26M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

ULS Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$2.9B$2.8B$2.7B$2.7B
Total Liabilities$1.6B$1.9B$2.1B$1.6B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive ULS viewer.

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