UL Solutions (ULS) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChart

UL Solutions Revenue Highlights


Latest Revenue (Y)

$2.68B

Latest Revenue (Q)

$670.00M

UL Solutions Revenue by Period


UL Solutions Revenue by Year

DateRevenueChange
2023-12-31$2.68B6.27%
2022-12-31$2.52B0.12%
2021-12-31$2.52B9.39%
2020-12-31$2.30B-

UL Solutions generated $2.68B in revenue during NA 2023, up 6.27% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

UL Solutions Revenue by Quarter

DateRevenueChange
2024-03-31$670.00M-2.05%
2023-12-31$684.00M1.18%
2023-09-30$676.00M-1.89%
2023-06-30$689.00M9.54%
2023-03-31$629.00M-
2022-12-31$629.00M0.96%
2022-09-30$623.00M-3.41%
2022-06-30$645.00M3.53%
2022-03-31$623.00M-

UL Solutions generated $670.00M in revenue during Q1 2024, up -2.05% compared to the previous quarter, and up 106.52% compared to the same period a year ago.

UL Solutions Revenue Breakdown


UL Solutions Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24
Software$68.00M$67.00M

UL Solutions's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Software (100.00%).

ULS Revenue FAQ


UL Solutions's yearly revenue for 2023 was $2.68B, representing an increase of 6.27% compared to 2022. The company's yearly revenue for 2022 was $2.52B, representing an increase of 0.12% compared to 2021. ULS's yearly revenue for 2021 was $2.52B, representing an increase of 9.39% compared to 2020.

UL Solutions's quarterly revenue for Q1 2024 was $670M, a -2.05% decrease from the previous quarter (Q4 2023), and a 6.52% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $684M, a 1.18% increase from the previous quarter (Q3 2023), and a 8.74% increase year-over-year (Q4 2022). ULS's quarterly revenue for Q3 2023 was $676M, a -1.89% decrease from the previous quarter (Q2 2023), and a 8.51% increase year-over-year (Q3 2022).

UL Solutions's revenue growth rate for the last 3 years (2021-2023) was 6.40%