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UL Solutions Inc. income statement

In fiscal 2025, UL Solutions Inc. reported revenue of $3.05bn, up 6.4% on the year before, operating income of $522m (a 17.1% margin) and net income of $325m, or $1.60 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue2,5202,6782,8703,0533,146
Cost of revenue1,3131,3941,4781,5431,562
Gross profit1,2071,2841,3921,5101,584
Selling, general and administrative795875931953987
Operating income412368462522562
Interest expense1735554132
Income before tax383346415470718
Income tax747070125190
Net income293260326325505
Diluted EPS$1.47$1.30$1.62$1.60$2.48
Diluted shares (average)200m200m201m203m204m
EBITDA547522634710752

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from UL Solutions Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to UL Solutions Inc.