UL Solutions Certification Testing — Revenue decreased by 5.4% to $211.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.6%, from $189.00M to $211.00M. Over 3 years (FY 2022 to FY 2025), Certification Testing — Revenue shows an upward trend with a 9.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests higher demand for regulatory compliance and safety verification services, while a decrease may indicate market saturation or reduced client spending on product development and certification cycles.
This metric represents the total revenue generated from product certification and testing services within a specific bus...
Comparable to testing, inspection, and certification (TIC) revenue streams at global quality assurance firms, where revenue is driven by regulatory requirements and product innovation cycles.
uls_segment_certification_testing_revenue| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $164.25M | $164.25M | $164.25M | $164.25M | $161.00M | $188.00M | $182.00M | $187.00M | $176.00M | $203.00M | $206.00M | $199.00M | $189.00M | $215.00M | $224.00M | $223.00M | $211.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -2.0% | +16.8% | -3.2% | +2.7% | -5.9% | +15.3% | +1.5% | -3.4% | -5.0% | +13.8% | +4.2% | -0.4% | -5.4% |
| YoY Change | — | — | — | — | -2.0% | +14.5% | +10.8% | +13.9% | +9.3% | +8.0% | +13.2% | +6.4% | +7.4% | +5.9% | +8.7% | +12.1% | +11.6% |