UL Solutions ULS Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Total by Business | ||||||
| Consumer | $19M+58.3% | $10M-16.7% | $6M0.0% | $9M+12.5% | $12M+50.0% | |
| Industrial | $11M0.0% | $12M-45.5% | $17M-37.0% | $10M-64.3% | $11M-42.1% | |
| Risk & Compliance Software | $10M+42.9% | —— | —— | —— | $7M— | |
| Revenue by Business | ||||||
| Consumer | $318M+4.6% | $335M+8.4% | $340M+5.9% | $340M+5.6% | $304M+6.3% | |
| Industrial | $375M+10.3% | $352M+7.3% | $343M+8.2% | $338M+7.6% | $340M+15.3% | |
| Risk & Compliance Software | $65M+6.6% | —— | —— | —— | $61M— | |
| Operating Income (Loss) by Business | ||||||
| Consumer | $30M+36.4% | $12M-45.5% | $44M+18.9% | $40M+5.3% | $22M+29.4% | |
| Industrial | $101M+21.7% | $101M+14.8% | $104M+15.6% | $98M+15.3% | $83M+10.7% | |
| Risk & Compliance Software | $7M+75.0% | —— | —— | —— | $4M— | |
| Restructuring by Business | ||||||
| Consumer | -$1M0.0% | —— | —— | —— | -$1M-300% | |
| Industrial | $1M— | —— | —— | —— | $0— | |
| Risk & Compliance Software | $0— | —— | —— | —— | $0— | |
| Restructuring and Related Cost, Cost Incurred to Date by Business | ||||||
| Consumer | $27M— | $28M— | —— | —— | —— | |
| Industrial | $8M— | $7M— | —— | —— | —— | |
| Risk & Compliance Software | $2M— | —— | —— | —— | —— | |
| Services and materials by Business | ||||||
| Consumer | $90M+8.4% | $89M0.0% | $87M+6.1% | $87M+8.8% | $83M+3.8% | |
| Industrial | $81M+6.6% | $75M0.0% | $71M+9.2% | $71M+2.9% | $76M+16.9% | |
| Risk & Compliance Software | $7M+40.0% | —— | —— | —— | $5M— | |
| Employee compensation by Business | ||||||
| Consumer | $178M-1.7% | $186M+3.9% | $189M+3.8% | $193M+4.9% | $181M+6.5% | |
| Industrial | $176M+6.7% | $154M+2.0% | $155M+3.3% | $155M+3.3% | $165M+14.6% | |
| Risk & Compliance Software | $41M-2.4% | —— | —— | —— | $42M— | |
| D&A by Business | ||||||
| Consumer | $21M+10.5% | $22M+10.0% | $20M0.0% | $20M0.0% | $19M0.0% | |
| Industrial | $16M0.0% | $15M+7.1% | $13M+8.3% | $14M+40.0% | $16M+45.5% | |
| Risk & Compliance Software | $10M0.0% | —— | —— | —— | $10M— | |
| Effect of changes in foreign exchange rates by Business | ||||||
| Consumer | -$2M-167% | —— | —— | $6M— | $3M+200% | |
| Industrial | -$3M-200% | $1M+114% | —— | $6M+700% | $3M+400% | |
| Risk & Compliance Software | $0— | —— | —— | —— | —— | |
| Goodwill by Business | ||||||
| Consumer | $232M+1.8% | $234M+4.0% | $234M+0.9% | $234M+3.1% | $228M+0.4% | |
| Industrial | $374M+8.7% | $377M+10.9% | $349M+0.3% | $350M+5.4% | $344M+6.8% | |
| Risk & Compliance Software | $37M— | $45M— | —— | —— | —— | |
| Revenue by Product | ||||||
| Certification Testing | $211M+11.6% | $223M+12.1% | $224M+8.7% | $215M+5.9% | $189M+7.4% | |
| Non-certification Testing and Other Services | $209M+3.0% | $232M+5.0% | $235M+6.8% | $241M+7.1% | $203M+4.6% | |
| Ongoing Certification Services | $265M+8.2% | $259M+4.4% | $252M+5.9% | $250M+6.8% | $245M+5.2% | |
| Software | $73M+7.4% | $75M+5.6% | $72M+7.5% | $70M+2.9% | $68M+1.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does UL Solutions break its business down?
- UL Solutions (ULS) reports total by business across 3 parts — Consumer, Industrial and Risk & Compliance Software. Each is extracted from the segment footnotes and tracked over time.
- Where does UL Solutions's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in UL Solutions's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
