UL Solutions Industrial — Employee compensation increased by 14.3% to $176.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.7%, from $165.00M to $176.00M. Over 3 years (FY 2022 to FY 2025), Industrial — Employee compensation shows an upward trend with a 7.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Rising costs relative to revenue may indicate wage inflation or a need for improved labor productivity.
Includes all salaries, benefits, and incentive-based pay for personnel directly supporting the Industrial segment. As a...
Standard 'Cost of Services' component for professional and technical service firms.
uls_segment_industrial_employee_compensation| 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 | $125.75M | $125.75M | $125.75M | $125.75M | $138.75M | $138.75M | $138.75M | $138.75M | $144.00M | $150.00M | $150.00M | $151.00M | $165.00M | $155.00M | $155.00M | $154.00M | $176.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +10.3% | +0.0% | +0.0% | +0.0% | +3.8% | +4.2% | +0.0% | +0.7% | +9.3% | -6.1% | +0.0% | -0.6% | +14.3% |
| YoY Change | — | — | — | — | +10.3% | +10.3% | +10.3% | +10.3% | +3.8% | +8.1% | +8.1% | +8.8% | +14.6% | +3.3% | +3.3% | +2.0% | +6.7% |