Skip to content
Screener

UL Solutions ULS Q1 2026 earnings

Reported May 5, 2026 · Before market open

Revenue$758.0MBeat by $9.5M
EPS$0.50Beat by $0.08
Revenue estimate$748.5M
EPS estimate$0.42

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$815.0M
EPS estimate$0.61

Financials

Q1 2026

Income statement

See full
Revenue$758.0M+7.5%
Gross profit$381.0M+12.1%
Operating income$138.0M+26.6%
Net income$92.0M+37.3%
EPS (diluted)$0.45+36.4%

Balance sheet

See full
Cash & equivalents$258.0M-3.4%
Total debt$539.0M-36.1%
Total equity$1.3B+36.0%
Total assets$3.0B+2.7%

Cash flow

See full
Operating cash flow$219.0M+42.2%
CapEx$69.0M+35.3%
Free cash flow$150.0M+45.6%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$17.23B+52.6%
Enterprise value$17.51B+47.6%
P/E49.2×+15.7×
P/S5.5×+1.7×

Profitability

See full
Gross margin49.9%+1.3pp
Operating margin17.7%+1.2pp
Net margin11.3%-0.3pp
FCF margin14.5%+4.0pp

Returns & leverage

See full
Return on equity30.6%-10.5pp
Debt / equity0.4×-0.5×
Current ratio1.2×-0.1×

Segments

By product

See full
Ongoing Certification Services$265.0M+8.2%
Certification Testing$211.0M+11.6%
Non-certification Testing and Other Services$209.0M+3.0%
Software$73.0M+7.4%

By segment

See full
Industrial$375.0M+10.3%
Consumer$318.0M+4.6%
Risk & Compliance Software$65.0M—

FAQ

When did UL Solutions report Q1 2026 earnings?
UL Solutions (ULS) reported Q1 2026 earnings on May 5, 2026 before market open.
What were UL Solutions's Q1 2026 revenue and EPS?
UL Solutions reported revenue of $758.0M and eps of $0.50 for Q1 2026.
Did UL Solutions beat estimates in Q1 2026?
Revenue beat the consensus estimate of $748.5M by $9.5M. EPS beat the consensus estimate of $0.42 by $0.08.
How did UL Solutions's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.5% from $705.0M a year earlier and eps grew 35.1% from $0.37.
Where can I find UL Solutions's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001901440-26-000009) and the 10-Q periodic report (0001901440-26-000012) directly on SEC EDGAR. The filing index links above go to sec.gov.