Discontinued — last reported Q4 '23
UL Solutions Capitalized Computer Software, Net decreased by 11.4% to $93.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 24.4%, from $123.00M to $93.00M. Over 2 years (FY 2023 to FY 2025), Capitalized Computer Software, Net shows a downward trend with a -13.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increasing balance indicates a strong commitment to digital infrastructure, e-commerce capabilities, and operational automation.
This represents the net book value of costs incurred to develop or purchase internal-use or external-use software. By ca...
Modern retailers are increasingly showing higher capitalized software balances as they invest heavily in omnichannel and digital customer experiences.
capitalized_software_net| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $139.00M | $136.00M | $135.00M | $133.00M | $127.00M | $123.00M | $119.00M | $111.00M | $105.00M | $93.00M |
| QoQ Change | — | -2.2% | -0.7% | -1.5% | -4.5% | -3.1% | -3.3% | -6.7% | -5.4% | -11.4% |
| YoY Change | — | — | — | — | -8.6% | -9.6% | -11.9% | -16.5% | -17.3% | -24.4% |