Income Statement - UL Solutions Inc. (ULS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | |
|---|---|---|---|---|---|---|---|
| Total revenue | 3.05 | 2.87 | 2.68 | 2.52 | 2.52 | 2.30 | 2.32 |
| Cost of revenue | 1.56 | 1.49 | 1.41 | 1.31 | 1.34 | 1.27 | 1.28 |
| Gross profit | 1.50 | 1.38 | 1.27 | 1.21 | 1.18 | 1.03 | 1.04 |
| Total operating expenses | 0.98 | 0.92 | 0.86 | 0.80 | 0.89 | 0.67 | 0.72 |
| Operating income | 0.52 | 0.46 | 0.41 | 0.41 | 0.29 | 0.36 | 0.31 |
| Non-operating income (net) | -0.06 | -0.05 | -0.06 | -0.03 | -0.01 | -0.03 | 0.01 |
| Income before tax | 0.46 | 0.42 | 0.35 | 0.38 | 0.27 | 0.33 | 0.32 |
| Income tax expense | 0.12 | 0.07 | 0.07 | 0.07 | 0.04 | 0.09 | 0.06 |
| Net income | 0.33 | 0.33 | 0.26 | 0.29 | 0.22 | 0.23 | 0.25 |
Show Quarterly Income Statement
Income Statement - UL Solutions Inc. (ULS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 0.76 | 0.79 | 0.78 | 0.78 | 0.71 | 0.74 | 0.73 | 0.73 | 0.67 | 0.68 | 0.68 | 0.69 | 0.63 | 0.63 | 0.62 | 0.65 | 0.62 |
| Cost of revenue | 0.38 | 0.40 | 0.39 | 0.40 | 0.37 | 0.39 | 0.37 | 0.36 | 0.35 | 0.37 | 0.34 | 0.35 | 0.34 | 0.32 | 0.33 | 0.34 | 0.32 |
| Gross profit | 0.38 | 0.39 | 0.39 | 0.38 | 0.34 | 0.35 | 0.36 | 0.37 | 0.32 | 0.32 | 0.33 | 0.34 | 0.29 | 0.31 | 0.29 | 0.30 | 0.30 |
| Total operating expenses | 0.24 | 0.27 | 0.24 | 0.24 | 0.23 | 0.24 | 0.23 | 0.24 | 0.23 | 0.23 | 0.21 | 0.22 | 0.22 | 0.22 | 0.18 | 0.20 | 0.20 |
| Operating income | 0.14 | 0.12 | 0.16 | 0.14 | 0.11 | 0.12 | 0.13 | 0.13 | 0.09 | 0.09 | 0.13 | 0.12 | 0.08 | 0.09 | 0.12 | 0.10 | 0.10 |
| Non-operating income (net) | -0.01 | -0.02 | -0.01 | -0.01 | -0.02 | -0.02 | -0.01 | 0.01 | -0.02 | -0.01 | -0.05 | 0.00 | 0.00 | 0.00 | -0.03 | -0.01 | 0.01 |
| Income before tax | 0.13 | 0.10 | 0.15 | 0.13 | 0.09 | 0.09 | 0.12 | 0.13 | 0.07 | 0.08 | 0.08 | 0.12 | 0.07 | 0.10 | 0.09 | 0.09 | 0.11 |
| Income tax expense | 0.03 | 0.03 | 0.04 | 0.03 | 0.02 | 0.01 | 0.02 | 0.03 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Net income | 0.09 | 0.07 | 0.10 | 0.09 | 0.07 | 0.08 | 0.09 | 0.10 | 0.06 | 0.06 | 0.05 | 0.09 | 0.06 | 0.08 | 0.07 | 0.06 | 0.09 |