Business Segments · Services and materials
Industrial — Services and materials
UL Solutions Industrial — Services and materials increased by 8.0% to $81.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.6%, from $76.00M to $81.00M. Over 3 years (FY 2022 to FY 2025), Industrial — Services and materials shows an upward trend with a 9.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
Increasing costs relative to revenue suggest margin compression or rising supply chain expenses.
Detailed definition
Represents the direct costs incurred to provide testing and certification services, including third-party laboratory fee...
Peer comparison
Commonly categorized as 'Cost of Revenue' or 'Direct Operating Expenses' in peer financial statements.
Metric ID:
uls_segment_industrial_services_and_materialsHistorical Data
17 periods
| 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 | $55.75M | $55.75M | $55.75M | $55.75M | $61.00M | $61.00M | $61.00M | $61.00M | $65.00M | $69.00M | $65.00M | $75.00M | $76.00M | $71.00M | $71.00M | $75.00M | $81.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +9.4% | +0.0% | +0.0% | +0.0% | +6.6% | +6.2% | -5.8% | +15.4% | +1.3% | -6.6% | +0.0% | +5.6% | +8.0% |
| YoY Change | — | — | — | — | +9.4% | +9.4% | +9.4% | +9.4% | +6.6% | +13.1% | +6.6% | +23.0% | +16.9% | +2.9% | +9.2% | +0.0% | +6.6% |
Range$55.75M – $81.00M
CAGR+9.8%
Avg YoY Growth+9.4%
Median YoY Growth+9.4%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is UL Solutions's industrial — services and materials?
- UL Solutions (ULS) reported industrial — services and materials of $81.00M in Q1 2026.
- How has UL Solutions's industrial — services and materials changed year-over-year?
- UL Solutions's industrial — services and materials increased by 6.6% year-over-year, from $76.00M to $81.00M.
- What is the long-term trend for UL Solutions's industrial — services and materials?
- Over 3 years (2022 to 2025), UL Solutions's industrial — services and materials has grown at a 9.5% compound annual growth rate (CAGR), from $223.00M to $293.00M.
- What does industrial — services and materials mean?
- Direct costs for materials and third-party services used to deliver industrial testing.