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UL Solutions (ULS) Revenue & Revenue Breakdown

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UL Solutions Revenue Highlights

Latest Revenue (Y)

$2.87B

Latest Revenue (Q)

$731.00M

Main Segment (Y)

Software

Main Geography (Y)

UNITED STATES

UL Solutions Revenue by Period

UL Solutions Revenue by Year

DateRevenueChange
2024-12-31$2.87B7.17%
2023-12-31$2.68B6.27%
2022-12-31$2.52B0.12%
2021-12-31$2.52B9.39%
2020-12-31$2.30B-0.60%
2019-12-31$2.31B-

UL Solutions generated $2.87B in revenue during NA 2024, up 7.17% compared to the previous quarter, and up 123.97% compared to the same period a year ago.

UL Solutions Revenue by Quarter

DateRevenueChange
2024-09-30$731.00M0.14%
2024-06-30$730.00M8.96%
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 $731.00M in revenue during Q3 2024, up 0.14% compared to the previous quarter, and up 106.10% compared to the same period a year ago.

UL Solutions Revenue Breakdown

UL Solutions Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24
Software$273.00M

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

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Jun 24Mar 24
Software$71.00M$67.00M$68.00M$67.00M

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

UL Solutions Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24
UNITED STATES$1.18B
Asia Pacific$375.00M
CHINA$710.00M
EMEA$496.00M
Other Americas$111.00M

UL Solutions's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (41.05%), CHINA (24.74%), EMEA (17.28%), Asia Pacific (13.07%), and Other Americas (3.87%).

ULS Revenue FAQ

What is UL Solutions’s yearly revenue?

UL Solutions's yearly revenue for 2024 was $2.87B, representing an increase of 7.17% compared to 2023. The company's yearly revenue for 2023 was $2.68B, representing an increase of 6.27% compared to 2022. ULS's yearly revenue for 2022 was $2.52B, representing an increase of 0.12% compared to 2021.

What is UL Solutions’s quarterly revenue?

UL Solutions's quarterly revenue for Q3 2024 was $731M, a 0.14% increase from the previous quarter (Q2 2024), and a 8.14% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $730M, a 8.96% increase from the previous quarter (Q1 2024), and a 5.95% increase year-over-year (Q2 2023). ULS'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).

What is UL Solutions’s revenue growth rate?

UL Solutions's revenue growth rate for the last 3 years (2022-2024) was 13.89%, and for the last 5 years (2020-2024) was 24.73%.

What are UL Solutions’s revenue streams?

UL Solutions's revenue streams in c 24 are Software

What is UL Solutions’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of UL Solutions was Software. This segment made a revenue of $273M, representing 100.00% of the company's total revenue.