Skip to content
OpenCapital
Get started

UL Solutions ULS Ongoing Certification Services — Revenue

Other product segments

Certification Testing
$211M+11.6%
Non-certification Testing and Other Services
$209M+3.0%
Software
$73M+7.4%

Similar metrics at other companies

Freshworks, Inc. logo
FRSHSubscription services, software licenses and maintenance — Revenue
$226.51M+16.6%
Blackbaud logo
BLKBContractual recurring — Revenue
$182.31M+3.9%
SoundThinking, Inc. logo
SSTISubscription Maintenance And Support Services — Revenue
$24M-14.3%
10x Genomics, Inc. logo
TXGServices — Revenue
$8.83M+15.4%
Freshworks, Inc. logo
FRSHProfessional services — Revenue
$2.12M+1.9%
OneSpan logo
OSPNPerpetual maintenance and services — Revenue
$2.69M-25.4%

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

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

See full
Market cap$20.53B+35.1%
Enterprise value$20.81B+32.2%
P/E58.7×+12.2×
P/S6.6×+1.5×

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×

Where this comes from

Reported directly by UL Solutions in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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

Ask your AI about UL Solutions's ongoing certification services — revenue.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is UL Solutions's ongoing certification services — revenue?
UL Solutions (ULS) reported ongoing certification services — revenue of $265M in Q1 2026.
How has UL Solutions's ongoing certification services — revenue changed year-over-year?
UL Solutions's ongoing certification services — revenue increased by 8.2% year-over-year, from $245M to $265M.
What is the long-term trend for UL Solutions's ongoing certification services — revenue?
Over 3 years (2022 to 2025), UL Solutions's ongoing certification services — revenue has grown at a 6.7% compound annual growth rate (CAGR), from $828M to $1.01B.
What does ongoing certification services — revenue mean?
This metric represents the total revenue generated from recurring product certification and compliance maintenance services provided to clients. It reflects the firm's ability to capture long-term value through ongoing safety, security, and sustainability verification programs required for market access. This revenue stream is typically characterized by high retention rates as clients must maintain certifications to continue selling their products.