Discontinued — last reported Q4 '23

Non-Current Assets

Capitalized Computer Software, Net

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.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2023

How to read this metric

An increasing balance indicates a strong commitment to digital infrastructure, e-commerce capabilities, and operational automation.

Detailed definition

This represents the net book value of costs incurred to develop or purchase internal-use or external-use software. By ca...

Peer comparison

Modern retailers are increasingly showing higher capitalized software balances as they invest heavily in omnichannel and digital customer experiences.

Metric ID: capitalized_software_net

Historical Data

10 periods
 Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '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%
Range$93.00M$139.00M
CAGR-16.4%
Avg YoY Growth-14.7%
Median YoY Growth-14.2%
Current Streak9+ quarters decline

Capitalized Computer Software, Net at Other Companies

Frequently Asked Questions

What is UL Solutions's capitalized computer software, net?
UL Solutions (ULS) reported capitalized computer software, net of $93.00M in Q1 2026.
How has UL Solutions's capitalized computer software, net changed year-over-year?
UL Solutions's capitalized computer software, net decreased by 24.4% year-over-year, from $123.00M to $93.00M.
What is the long-term trend for UL Solutions's capitalized computer software, net?
Over 2 years (2023 to 2025), UL Solutions's capitalized computer software, net has grown at a -13.1% compound annual growth rate (CAGR), from $139.00M to $105.00M.
What does capitalized computer software, net mean?
The net value of software developed or purchased for internal business use.