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UL Solutions Inc. (ULS)

For the quarter ending 2025-06-30, ULS made $776M in revenue. $91M in net income. Net profit margin of 11.73%.

Overview

Revenue
$776M
Net Income
$91M
Net Profit Margin
11.73%
EPS
$0.45
Unit: Million (M) dollars
Revenue Breakdown
    • Ongoing Certification Services
    • Non Certification Testing And Ot...
    • Certification Testing
    • Software
Revenue Breakdown
    • Consumer
    • Industrial
    • Software And Advisory

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Revenue776 705 731 730
Cost of revenue393 364 373 364
Selling, general and administrative expenses244 232 228 240
Operating income139 109 130 126
Other (expense) income, net-4 -3 - 21
Interest expense10 12 14 13
Income before income taxes125 94 116 134
Income tax expense28 23 22 28
Net income97 71 94 106
Less net income attributable to non-controlling interests6 4 6 5
Net income attributable to stockholders of ul solutions91 67 88 101
Basic (in dollars per share)0.45 0.34 0.44 0.51
Basic (in shares)201,000,000 200,000,000 200,000,000 200,000,000
Diluted (in dollars per share)0.45 0.33 0.44 0.5
Diluted (in shares)203,000,000 203,000,000 202,000,000 201,000,000
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Certification Testing$215M Non CertificationTesting And Other...$241M Ongoing CertificationServices$250M Software$70M Revenue$776M (6.30%↑ Y/Y)Operating income$139M (10.32%↑ Y/Y)Cost of revenue$393M (7.97%↑ Y/Y)Selling, general andadministrative expenses$244M (1.67%↑ Y/Y)Income before incometaxes$125M (-6.72%↓ Y/Y)Interest expense$10M (-23.08%↓ Y/Y)Other (expense)income, net-$4M (-119.05%↓ Y/Y)Net income$97M (-8.49%↓ Y/Y)Income tax expense$28M (0.00%↑ Y/Y)Net incomeattributable to stockholders...$91M (-9.90%↓ Y/Y)Less net incomeattributable to...$6M (20.00%↑ Y/Y)