Every 10-Q that UL Solutions Inc. (ULS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ULS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ULS filings page.
UL Solutions Inc. reported Q1 2026 revenue of $758 million, up from $705 million, driven by growth in Industrial and Consumer testing and ongoing certification services. Net income rose to $97 million from $71 million, with net margin improving to 12.8%.
Operating income increased to $138 million from $109 million as cost of revenue grew more slowly than sales and interest expense declined. Adjusted EBITDA reached $197 million and free cash flow was $150 million, supported by strong operating cash generation of $219 million.
The company is actively reshaping its portfolio. It closed the sale of its Employee Health and Safety software business for about $202 million in cash and expects a roughly $191 million pre-tax gain. It agreed to acquire Electrical and Electronics Testing LUX Holding SARL for enterprise value of €575 million plus daily ticking fees and to sell its ~28% stake in DQS Holding GmbH for about €105 million, both subject to customary conditions and approvals.
UL Solutions (ULS) reported solid Q3 results. Revenue rose to $783 million from $731 million, and operating income increased to $156 million from $130 million, lifting operating margin to 19.9%. Diluted EPS was $0.49, up from $0.44. Growth was broad-based, led by Industrial and Consumer services, with contributions from Certification Testing, Ongoing Certification Services, and Non‑certification Testing.
For the first nine months, revenue reached $2,264 million and operating income $404 million. Cash from operations was strong at $456 million, while total debt declined to $547 million from $747 million at year‑end. The effective tax rate increased to 27.4% in Q3, reflecting Pillar Two impacts.
Balance sheet and strategic moves: the company entered a new $1.0 billion five‑year revolving credit facility and drew $291 million to refinance its 2022 facility. It announced a restructuring plan with expected pre‑tax charges of $42–$47 million to streamline operations and exit select lines. The pension plan will freeze accruals effective December 31, 2025, reducing obligations by $12 million. A quarterly dividend of $0.13 per share was paid.