What is UL Solutions's net income?

UL Solutions (ULS) reported net income of $97M in Q1 2026.

How has UL Solutions's net income changed year-over-year?

UL Solutions's net income increased by 36.6% year-over-year, from $71M to $97M.

What is the long-term trend for UL Solutions's net income?

Over 3 years (2022 to 2025), UL Solutions's net income has grown at a 3.7% compound annual growth rate (CAGR), from $309M to $345M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

UL Solutions ULS Net Income

Net Income at other companies

TIC Solutions TIC

-$41.55M-61.1%

Applied Industrial TechnologiesAIT

$99.77M0.0%

Tetra TechTTEK

$93.8M+1,633%

TE ConnectivityTEL

$855M+6,477%

AssurantAIZ

$274.1M+87.0%

Advanced Energy IndustriesAEIS

$66.8M+170%

Other financials

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

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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

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Operating cash flow$219.0M+42.2%

CapEx$69.0M+35.3%

Free cash flow$150.0M+45.6%

Valuation

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Market cap$18.48B+27.3%

Enterprise value$18.76B+24.7%

P/E52.8×+8.4×

P/S6×+1.0×

Profitability

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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×

Where this comes from

Reported directly by UL Solutions in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: UL Solutions’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is UL Solutions's net income?: UL Solutions (ULS) reported net income of $97M in Q1 2026.
How has UL Solutions's net income changed year-over-year?: UL Solutions's net income increased by 36.6% year-over-year, from $71M to $97M.
What is the long-term trend for UL Solutions's net income?: Over 3 years (2022 to 2025), UL Solutions's net income has grown at a 3.7% compound annual growth rate (CAGR), from $309M to $345M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.