UL Solutions ULS
NYSE ULS
$71.11 -1.78 (-2.44%)
As of: Sep 10, 2026 · 3:59 PM EDT

UL Solutions (ULS) Cash from Operations (2023 - 2026)

UL Solutions' (ULS) quarterly Cash from Operations came in at $160.0 million in Q2 2026, up 8.84% year-over-year from $147.0 million in Q2 2025, and down 26.94% quarter-over-quarter from $219.0 million in Q1 2026.

Analysis

UL Solutions (ULS) Cash from Operations (2023 - 2026) Analysis & Trends

UL Solutions has disclosed Cash from Operations across 4 years of filings, most recently posting $160.0 million for Q2 2026.

  • In Q2 2026, Cash from Operations rose 8.84% year-over-year to $160.0 million; the TTM figure through Jun 2026 stood at $678.0 million (up 16.7% YoY), while the FY2025 annual figure was $600.0 million, up 14.5% from the prior year.
  • Cash from Operations came in at $160.0 million for Q2 2026 at UL Solutions, down from $219.0 million in the prior quarter.
  • In the past five years, Cash from Operations ranged from a high of $219.0 million in Q1 2026 to a low of $59.0 million in Q2 2023.
  • Average Cash from Operations over 4 years is $140.7 million, with a median of $145.5 million recorded in 2025.
  • The largest YoY upside for Cash from Operations was 74.58% in 2024 against a maximum downside of 12.42% in 2024.
  • Over 4 years, Cash from Operations stood at $126.0 million in 2023, then grew by 3.17% to $130.0 million in 2024, then climbed by 10.77% to $144.0 million in 2025, then grew by 11.11% to $160.0 million in 2026.
  • Per Business Quant data, the three most recent Cash from Operations figures were $160.0 million in Q2 2026, $219.0 million in Q1 2026, and $144.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Operations (Qtr)
1 Accenture 108.80 Bn 98.63 Bn 6.13 Bn 3.79 Bn
2 UL Solutions 14.40 Bn 13.97 Bn 417.00 Mn 160.00 Mn
3 Gartner 11.34 Bn 9.85 Bn 1.19 Bn 398.29 Mn
4 Tetra Tech 9.21 Bn 8.98 Bn 243.21 Mn 228.94 Mn
5 Booz Allen Hamilton Holding 9.08 Bn 8.54 Bn 1.46 Bn 281.00 Mn
6 Genpact 5.81 Bn 5.29 Bn 490.34 Mn 72.44 Mn
7 Fti Consulting 4.32 Bn 4.16 Bn 316.27 Mn 152.29 Mn
8 Korn Ferry 4.01 Bn 2.88 Bn 685.99 Mn 296.68 Mn
9 Grand Canyon Education 3.95 Bn 3.68 Bn 204.08 Mn 108.65 Mn
10 Exponent 3.28 Bn 3.22 Bn 158.75 Mn 30.89 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 160.00 Mn
Mar 31, 2026 219.00 Mn
Dec 31, 2025 144.00 Mn
Sep 30, 2025 155.00 Mn
Jun 30, 2025 147.00 Mn
Mar 31, 2025 154.00 Mn
Dec 31, 2024 130.00 Mn
Sep 30, 2024 150.00 Mn
Jun 30, 2024 103.00 Mn
Mar 31, 2024 141.00 Mn
Dec 31, 2023 126.00 Mn
Sep 30, 2023 121.00 Mn
Jun 30, 2023 59.00 Mn
Mar 31, 2023 161.00 Mn