Income Statement
UL SOLUTIONS INC.
ULS
Performance Overview
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in millions USD
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY |
|---|---|---|
|
Revenue
|
3,053.00 | 2,870.00 |
|
Cost of Revenue
|
1,543.00 | 1,477.00 |
|
Gross Profit
|
1,510.00 | 1,393.00 |
|
Operating Expenses
|
953.00 | 931.00 |
|
Research & Development
|
- | - |
|
Selling, General & Administrative
|
953.00 | 931.00 |
|
Other Operating Expenses
|
- | - |
|
Operating Income
|
557.00 | 462.00 |
|
Non-Operating Income
|
0.00 | 8.00 |
|
Interest Income
|
- | - |
|
Interest Expense
|
- | - |
|
Other Non-Op Income / Expense
|
-1.00 | -2.00 |
|
Income Before Tax
|
470.00 | 415.00 |
|
Income Tax Expense
|
145.00 | 89.00 |
|
Non-Controlling Interest
|
20.00 | 19.00 |
|
Net Income
|
325.00 | 326.00 |
Supplemental
Per share data, derived & other items — not part of the income statement
in millions USD unless noted
| Metric | Dec 31, 2025 2025 FY | Dec 31, 2024 2024 FY |
|---|---|---|
|
Depreciation & Amortization
|
- | - |
|
EBITDA
|
745.00 | 634.00 |
|
Earnings Per Share (Basic)
|
1.62 | 1.63 |
|
Diluted EPS
|
1.60 | 1.62 |
|
Weighted Average Shares
|
201.00 | 200.00 |
|
Diluted Weighted Avg Shares
|
203.00 | 201.00 |
|
Comprehensive Income
|
397.00 | 305.00 |