UL Solutions Inc. (ULS) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Business Segment
2026-01-01 to 2026-06-30
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UL Solutions Inc. (ULS) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenue
- 1,574,000,000 US dollars
- Cost of revenue
- 776,000,000 US dollars
- Gross profit (calculated)
- 798,000,000 US dollars
- Operating expenses (calculated)
- 510,000,000 US dollars
- Operating income
- 288,000,000 US dollars
- Other income (expense), net (calculated)
- 180,000,000 US dollars
- Income before income taxes
- 468,000,000 US dollars
- Income tax expense
- 116,000,000 US dollars
- Net income
- 352,000,000 US dollars
- Industrial
- 777,000,000 US dollars
- Consumer
- 680,000,000 US dollars
- Risk & Compliance Software
- 117,000,000 US dollars
- Selling, general and administrative expenses
- 510,000,000 US dollars
- Industrial costs (calculated)
- 573,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Consumer costs (calculated)
- 603,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- Risk & Compliance Software costs (calculated)
- 110,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Of which attributable to UL Solutions Inc.: $339.00 M; to noncontrolling interests: $13.00 M.

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Gross margin
50.7%
Gross profit / revenue
Operating margin
18.3%
Operating profit / revenue
Cash conversion
107.7%
Operating cash / net income, same period
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