# UL Solutions Inc.: financial statements, quarterly

ULS · NYSE · CIK 1901440 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/uls.md) · [Financials](/companies/uls/financials.md) · [Filings](/companies/uls/filings.md) · [Insiders](/companies/uls/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/uls/financials.md?period=annual).

## Income statement

| Line item | Unit | period not labelled (2023-09-30) | period not labelled (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [676](/filings/0001901440-24-000023.md) | [684 d](/filings/0001901440-26-000005.md) | [670](/filings/0001901440-25-000019.md) | [730](/filings/0001901440-25-000030.md) | [731](/filings/0001901440-25-000047.md) | [739 d](/filings/0001901440-26-000005.md) | [705](/filings/0001901440-26-000012.md) | [776](/filings/0001901440-26-000023.md) | [783](/filings/0001901440-25-000047.md) | [789 d](/filings/0001901440-26-000005.md) | [758](/filings/0001901440-26-000012.md) | [816](/filings/0001901440-26-000023.md) |
| Cost of revenue | $m | [344](/filings/0001901440-24-000023.md) | [363 d](/filings/0001901440-26-000005.md) | [351](/filings/0001901440-25-000019.md) | [364](/filings/0001901440-25-000030.md) | [373](/filings/0001901440-25-000047.md) | [390 d](/filings/0001901440-26-000005.md) | [365](/filings/0001901440-26-000012.md) | [394](/filings/0001901440-26-000023.md) | [389](/filings/0001901440-25-000047.md) | [397 d](/filings/0001901440-26-000005.md) | [377](/filings/0001901440-26-000012.md) | [399](/filings/0001901440-26-000023.md) |
| Selling, general and administrative | $m | [206](/filings/0001901440-24-000023.md) | [231 d](/filings/0001901440-26-000005.md) | [228](/filings/0001901440-25-000019.md) | [240](/filings/0001901440-25-000030.md) | [228](/filings/0001901440-25-000047.md) | [235 d](/filings/0001901440-26-000005.md) | [232](/filings/0001901440-26-000012.md) | [244](/filings/0001901440-26-000023.md) | [238](/filings/0001901440-25-000047.md) | [239 d](/filings/0001901440-26-000005.md) | [243](/filings/0001901440-26-000012.md) | [267](/filings/0001901440-26-000023.md) |
| Operating income | $m | [89.0](/filings/0001901440-24-000023.md) | [86.0 d](/filings/0001901440-26-000005.md) | [91.0](/filings/0001901440-25-000019.md) | [126](/filings/0001901440-25-000030.md) | [130](/filings/0001901440-25-000047.md) | [115 d](/filings/0001901440-26-000005.md) | [109](/filings/0001901440-26-000012.md) | [139](/filings/0001901440-26-000023.md) | [156](/filings/0001901440-25-000047.md) | [118 d](/filings/0001901440-26-000005.md) | [138](/filings/0001901440-26-000012.md) | [150](/filings/0001901440-26-000023.md) |
| Interest expense | $m | [7.0](/filings/0001901440-24-000023.md) | [12.0 d](/filings/0001901440-26-000005.md) | [15.0](/filings/0001901440-25-000019.md) | [13.0](/filings/0001901440-25-000030.md) | [14.0](/filings/0001901440-25-000047.md) | [13.0 d](/filings/0001901440-26-000005.md) | [12.0](/filings/0001901440-26-000012.md) | [10.0](/filings/0001901440-26-000023.md) | [10.0](/filings/0001901440-25-000047.md) | [9.0 d](/filings/0001901440-26-000005.md) | [8.0](/filings/0001901440-26-000012.md) | [5.0](/filings/0001901440-26-000023.md) |
| Income tax | $m | [18.0](/filings/0001901440-24-000023.md) | [17.0 d](/filings/0001901440-26-000005.md) | [13.0](/filings/0001901440-25-000019.md) | [28.0](/filings/0001901440-25-000030.md) | [22.0](/filings/0001901440-25-000047.md) | [7.0 d](/filings/0001901440-26-000005.md) | [23.0](/filings/0001901440-26-000012.md) | [28.0](/filings/0001901440-26-000023.md) | [40.0](/filings/0001901440-25-000047.md) | [34.0 d](/filings/0001901440-26-000005.md) | [32.0](/filings/0001901440-26-000012.md) | [84.0](/filings/0001901440-26-000023.md) |
| Net income | $m | [53.0](/filings/0001901440-24-000023.md) | [58.0 d](/filings/0001901440-26-000005.md) | [56.0](/filings/0001901440-25-000019.md) | [101](/filings/0001901440-25-000030.md) | [88.0](/filings/0001901440-25-000047.md) | [81.0 d](/filings/0001901440-26-000005.md) | [67.0](/filings/0001901440-26-000012.md) | [91.0](/filings/0001901440-26-000023.md) | [100](/filings/0001901440-25-000047.md) | [67.0 d](/filings/0001901440-26-000005.md) | [92.0](/filings/0001901440-26-000012.md) | [246](/filings/0001901440-26-000023.md) |
| Diluted EPS | $ per share | [0.27](/filings/0001901440-24-000023.md) | not reported | [0.28](/filings/0001901440-25-000019.md) | [0.50](/filings/0001901440-25-000030.md) | [0.44](/filings/0001901440-25-000047.md) | not reported | [0.33](/filings/0001901440-26-000012.md) | [0.45](/filings/0001901440-26-000023.md) | [0.49](/filings/0001901440-25-000047.md) | not reported | [0.45](/filings/0001901440-26-000012.md) | [1.21](/filings/0001901440-26-000023.md) |
| Basic EPS | $ per share | [0.27](/filings/0001901440-24-000023.md) | not reported | [0.28](/filings/0001901440-25-000019.md) | [0.51](/filings/0001901440-25-000030.md) | [0.44](/filings/0001901440-25-000047.md) | not reported | [0.34](/filings/0001901440-26-000012.md) | [0.45](/filings/0001901440-26-000023.md) | [0.50](/filings/0001901440-25-000047.md) | not reported | [0.46](/filings/0001901440-26-000012.md) | [1.22](/filings/0001901440-26-000023.md) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | period not labelled (2023-09-30) | period not labelled (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | not reported | [315](/filings/0001901440-25-000012.md) | [344](/filings/0001628280-24-024348.md) | [295](/filings/0001901440-24-000012.md) | [327](/filings/0001901440-24-000023.md) | [298](/filings/0001901440-26-000005.md) | [267](/filings/0001901440-25-000019.md) | [272](/filings/0001901440-25-000030.md) | [255](/filings/0001901440-25-000047.md) | [295](/filings/0001901440-26-000023.md) | [258](/filings/0001901440-26-000012.md) | [434](/filings/0001901440-26-000023.md) |
| Current assets | $m | not reported | [953](/filings/0001901440-25-000012.md) | [1,051](/filings/0001628280-24-024348.md) | [957](/filings/0001901440-24-000012.md) | [977](/filings/0001901440-24-000023.md) | [921](/filings/0001901440-26-000005.md) | [998](/filings/0001901440-25-000019.md) | [1,009](/filings/0001901440-25-000030.md) | [995](/filings/0001901440-25-000047.md) | [1,000](/filings/0001901440-26-000023.md) | [1,047](/filings/0001901440-26-000012.md) | [1,234](/filings/0001901440-26-000023.md) |
| Total assets | $m | not reported | [2,736](/filings/0001901440-25-000012.md) | [2,819](/filings/0001628280-24-024348.md) | [2,742](/filings/0001901440-24-000012.md) | [2,877](/filings/0001901440-24-000023.md) | [2,800](/filings/0001901440-26-000005.md) | [2,878](/filings/0001901440-25-000019.md) | [2,922](/filings/0001901440-25-000030.md) | [2,898](/filings/0001901440-25-000047.md) | [2,921](/filings/0001901440-26-000023.md) | [2,955](/filings/0001901440-26-000012.md) | [3,119](/filings/0001901440-26-000023.md) |
| Current liabilities | $m | not reported | [709](/filings/0001901440-25-000012.md) | [829](/filings/0001628280-24-024348.md) | [740](/filings/0001901440-24-000012.md) | [745](/filings/0001901440-24-000023.md) | [740](/filings/0001901440-26-000005.md) | [804](/filings/0001901440-25-000019.md) | [765](/filings/0001901440-25-000030.md) | [749](/filings/0001901440-25-000047.md) | [760](/filings/0001901440-26-000023.md) | [899](/filings/0001901440-26-000012.md) | [866](/filings/0001901440-26-000023.md) |
| Total liabilities | $m | not reported | [2,058](/filings/0001901440-25-000012.md) | [2,136](/filings/0001628280-24-024348.md) | [1,956](/filings/0001901440-24-000012.md) | [1,981](/filings/0001901440-24-000023.md) | [1,869](/filings/0001901440-26-000005.md) | [1,894](/filings/0001901440-25-000019.md) | [1,809](/filings/0001901440-25-000030.md) | [1,678](/filings/0001901440-25-000047.md) | [1,627](/filings/0001901440-26-000023.md) | [1,619](/filings/0001901440-26-000012.md) | [1,499](/filings/0001901440-26-000023.md) |
| Long-term debt | $m | not reported | [904](/filings/0001901440-25-000012.md) | [867](/filings/0001628280-24-024348.md) | [785](/filings/0001901440-24-000012.md) | [760](/filings/0001901440-24-000023.md) | [692](/filings/0001901440-26-000005.md) | [653](/filings/0001901440-25-000019.md) | [608](/filings/0001901440-25-000030.md) | [544](/filings/0001901440-25-000047.md) | [491](/filings/0001901440-26-000023.md) | [357](/filings/0001901440-26-000012.md) | [301](/filings/0001901440-26-000023.md) |
| Current portion of debt | $m | not reported | [0.0](/filings/0001901440-25-000012.md) | [12.0](/filings/0001628280-24-024348.md) | [25.0](/filings/0001901440-24-000012.md) | [37.0](/filings/0001901440-24-000023.md) | [50.0](/filings/0001901440-26-000005.md) | [0.0](/filings/0001901440-25-000019.md) | [0.0](/filings/0001901440-25-000030.md) | [0.0](/filings/0001901440-25-000047.md) | [0.0](/filings/0001901440-26-000005.md) | not reported | not reported |
| Shareholders' equity | $m | [1,197](/filings/0001901440-24-000023.md) | [654](/filings/0001901440-25-000012.md) | [671](/filings/0001628280-24-024348.md) | [769](/filings/0001901440-24-000012.md) | [872](/filings/0001901440-24-000023.md) | [904](/filings/0001901440-26-000005.md) | [970](/filings/0001901440-25-000019.md) | [1,093](/filings/0001901440-25-000030.md) | [1,193](/filings/0001901440-25-000047.md) | [1,262](/filings/0001901440-26-000023.md) | [1,319](/filings/0001901440-26-000012.md) | [1,595](/filings/0001901440-26-000023.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest, us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | period not labelled (2023-09-30) | period not labelled (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [121 d](/filings/0001901440-24-000023.md) | [126 d](/filings/0001901440-26-000005.md) | [141](/filings/0001901440-25-000019.md) | [103 d](/filings/0001901440-25-000030.md) | [150 d](/filings/0001901440-25-000047.md) | [130 d](/filings/0001901440-26-000005.md) | [154](/filings/0001901440-26-000012.md) | [147 d](/filings/0001901440-26-000023.md) | [155 d](/filings/0001901440-25-000047.md) | [144 d](/filings/0001901440-26-000005.md) | [219](/filings/0001901440-26-000012.md) | [160 d](/filings/0001901440-26-000023.md) |
| Capital expenditure | $m | [43.0 d](/filings/0001901440-24-000023.md) | [59.0 d](/filings/0001901440-26-000005.md) | [57.0](/filings/0001901440-25-000019.md) | [56.0 d](/filings/0001901440-25-000030.md) | [66.0 d](/filings/0001901440-25-000047.md) | [58.0 d](/filings/0001901440-26-000005.md) | [51.0](/filings/0001901440-26-000012.md) | [42.0 d](/filings/0001901440-26-000023.md) | [46.0 d](/filings/0001901440-25-000047.md) | [58.0 d](/filings/0001901440-26-000005.md) | [69.0](/filings/0001901440-26-000012.md) | [69.0 d](/filings/0001901440-26-000023.md) |
| Dividends paid | $m | [20.0 d](/filings/0001901440-24-000023.md) | [620 d](/filings/0001901440-26-000005.md) | [25.0](/filings/0001901440-25-000019.md) | [25.0 d](/filings/0001901440-25-000030.md) | [25.0 d](/filings/0001901440-25-000047.md) | [25.0 d](/filings/0001901440-26-000005.md) | [26.0](/filings/0001901440-26-000012.md) | [26.0 d](/filings/0001901440-26-000023.md) | [26.0 d](/filings/0001901440-25-000047.md) | [26.0 d](/filings/0001901440-26-000005.md) | [29.0](/filings/0001901440-26-000012.md) | [29.0 d](/filings/0001901440-26-000023.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Dividends paid: us-gaap:PaymentsOfDividendsCommonStock

## Shares

| Line item | Unit | period not labelled (2023-03-31) | period not labelled (2023-06-30) | period not labelled (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [200](/filings/0001628280-24-024348.md) | [200](/filings/0001901440-24-000012.md) | [200](/filings/0001901440-24-000023.md) | [200](/filings/0001901440-25-000019.md) | [201](/filings/0001901440-25-000030.md) | [202](/filings/0001901440-25-000047.md) | [203](/filings/0001901440-26-000012.md) | [203](/filings/0001901440-26-000023.md) | [203](/filings/0001901440-25-000047.md) | [204](/filings/0001901440-26-000012.md) | [204](/filings/0001901440-26-000023.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:49 ET. No prices; not investment advice.