UL Solutions (ULS)
Tests, inspects and certifies products while supplying compliance software and advisory services.
$66.35
vs last close−0.30 (−0.45%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 676 | 684 | 670 | 730 | 731 | 739 | 705 | 776 | 783 | 789 | 758 | 816 |
| Cost of revenue | 344 | 367 | 351 | 364 | 373 | 389 | 367 | 396 | 389 | 403 | 377 | 399 |
| Gross profit | 332 | 317 | 319 | 366 | 358 | 350 | 338 | 380 | 394 | 386 | 381 | 417 |
| 205 | 230 | 228 | 240 | 228 | 235 | 229 | 241 | 238 | 267 | 243 | 267 | |
| Selling, general & administrative | 205 | 230 | 228 | 240 | 228 | 235 | 229 | 241 | 238 | 267 | 243 | 267 |
| Operating income | 127 | 87 | 91 | 126 | 130 | 115 | 109 | 139 | 156 | 118 | 138 | 150 |
| −52 | −8 | −18 | 8 | −14 | −23 | −15 | −14 | −10 | −22 | −9 | 188 | |
| Interest income | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 |
| Interest expense | 7 | 12 | 15 | 13 | 14 | 13 | 12 | 10 | 10 | 9 | 8 | 5 |
| Other non-operating income | 45 | −4 | 3 | −21 | 2 | 10 | 3 | 4 | 1 | 13 | 1 | −193 |
| Income before tax | 75 | 79 | 73 | 134 | 116 | 92 | 94 | 125 | 146 | 97 | 129 | 338 |
| Income tax expense | 18 | 17 | 13 | 28 | 22 | 7 | 23 | 28 | 40 | 26 | 32 | 84 |
| Net income from continuing operations | 57 | 62 | 60 | 106 | 94 | 85 | 71 | 97 | 106 | 71 | 97 | 254 |
| Net income | 53 | 58 | 56 | 101 | 88 | 81 | 67 | 91 | 100 | 66 | 92 | 246 |
| EPS, basic | $0.27 | $0.29 | $0.28 | $0.51 | $0.44 | $0.40 | $0.34 | $0.45 | $0.50 | $0.33 | $0.46 | $1.22 |
| EPS, diluted | $0.27 | $0.29 | $0.28 | $0.51 | $0.44 | $0.40 | $0.33 | $0.45 | $0.49 | $0.32 | $0.45 | $1.21 |
| Weighted average shares, basic | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 201 | 201 | 201 | 201 | 201 |
| Weighted average shares, diluted | 200 | 200 | 200 | 200 | 200 | 202 | 203 | 203 | 203 | 204 | 204 | 204 |
| EBITDA | 119 | 134 | 129 | 188 | 171 | 152 | 151 | 181 | 201 | 204 | 184 | 389 |
| Depreciation & amortization | 37 | 43 | 41 | 41 | 43 | 47 | 45 | 46 | 46 | 99 | 47 | 46 |
| EBIT | 82 | 91 | 88 | 147 | 128 | 105 | 106 | 135 | 155 | 106 | 137 | 343 |