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UL Solutions Inc. revenue

UL Solutions Inc.'s revenue was $3.05bn in fiscal 2025, up 6.4% on the year before. Since fiscal 2022 ($2.52bn) it has grown at a compound 6.6% a year. Over the last twelve months it was $3.15bn.

Revenue history

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
Growth on the year before—+6.3%+7.2%+6.4%—
Gross profit1,2071,2841,3921,5101,584
Gross margin47.9%47.9%48.5%49.5%50.3%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Ongoing Certification Services $1B 33.0% ▲ 5.6%
Non Certification Testing and Other Services $911M 29.8% ▲ 5.9%
Certification Testing $851M 27.9% ▲ 8.5%
Software $285M 9.3% ▲ 4.4%
Geography
Region Revenue Share YoY
United States $1.3B 41.0% ▲ 6.4%
China $761M 24.9% ▲ 7.2%
EMEA $529M 17.3% ▲ 6.7%
Asia Pacific $398M 13.0% ▲ 6.1%
Other Americas $112M 3.7% ▲ 0.9%

From UL Solutions Inc.'s 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Research & Consulting Services: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
UL Solutions Inc. $3.15bn 6.6% —
Verisk Analytics, Inc. $3.14bn 5.0% 6.9%
FTI Consulting, Inc $3.98bn 7.8% 6.0%
Clarivate PLC $2.41bn -3.5% -2.6%
NIQ Global Intelligence plc $4.39bn 8.9% —
Transunion $5.04bn 13.4% 10.1%

Compare with peers

Head to head: ULS vs VRSKFCN vs ULSCLVT vs ULS

More: Research & Consulting Services stocks compared, Industrials sector, rankings of US companies

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.