Software — Revenue
UL Solutions Software — Revenue decreased by 2.7% to $73.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.4%, from $68.00M to $73.00M. Over 3 years (FY 2022 to FY 2025), Software — Revenue shows relatively stable performance with a 2.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates successful adoption of digital solutions and growth in recurring revenue streams, while a decrease may suggest market saturation or challenges in the software-as-a-service transition.
Detailed definition
This metric represents the total revenue generated from software licensing, subscription services, and related advisory...
Peer comparison
Comparable to digital services or software-as-a-service (SaaS) revenue segments reported by other professional services and testing firms.
uls_segment_software_revenueHistorical Data
| 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 | $66.50M | $66.50M | $66.50M | $66.50M | $67.00M | $68.00M | $70.00M | $69.00M | $67.00M | $68.00M | $67.00M | $71.00M | $68.00M | $70.00M | $72.00M | $75.00M | $73.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +0.8% | +1.5% | +2.9% | -1.4% | -2.9% | +1.5% | -1.5% | +6.0% | -4.2% | +2.9% | +2.9% | +4.2% | -2.7% |
| YoY Change | — | — | — | — | +0.8% | +2.3% | +5.3% | +3.8% | +0.0% | +0.0% | -4.3% | +2.9% | +1.5% | +2.9% | +7.5% | +5.6% | +7.4% |
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Frequently Asked Questions
- What is UL Solutions's software — revenue?
- UL Solutions (ULS) reported software — revenue of $73.00M in Q1 2026.
- How has UL Solutions's software — revenue changed year-over-year?
- UL Solutions's software — revenue increased by 7.4% year-over-year, from $68.00M to $73.00M.
- What is the long-term trend for UL Solutions's software — revenue?
- Over 3 years (2022 to 2025), UL Solutions's software — revenue has grown at a 2.3% compound annual growth rate (CAGR), from $266.00M to $285.00M.
- What does software — revenue mean?
- The total amount of money earned from software products and related advisory services.