UL Solutions (ULS) Change in Receivables (2023 - 2026)
UL Solutions' (ULS) quarterly Change in Receivables came in at -$24.0 million in Q2 2026, up 56.36% year-over-year from -$15.3 million in Q2 2025, and down 127.59% quarter-over-quarter from $87.0 million in Q1 2026.
Analysis
UL Solutions (ULS) Change in Receivables (2023 - 2026) Analysis & Trends
UL Solutions has disclosed Change in Receivables across 4 years of filings, most recently posting -$24.0 million for Q2 2026.
- In Q2 2026, Change in Receivables rose 56.36% year-over-year to -$24.0 million; the TTM figure through Jun 2026 stood at $69.0 million (up 187.5% YoY), while the FY2025 annual figure was $32.0 million, up 3.23% from the prior year.
- Change in Receivables came in at -$24.0 million for Q2 2026 at UL Solutions, down from $87.0 million in the prior quarter.
- In the past five years, Change in Receivables ranged from a high of $87.0 million in Q1 2026 to a low of -$55.0 million in Q2 2025.
- Average Change in Receivables over 4 years is $8.6 million, with a median of $3.5 million recorded in 2023.
- The largest YoY upside for Change in Receivables was 129.41% in 2024 against a maximum downside of 54.17% in 2024.
- Over 4 years, Change in Receivables stood at $31.0 million in 2023, then advanced by 12.9% to $35.0 million in 2024, then advanced by 2.86% to $36.0 million in 2025, then slumped by 166.67% to -$24.0 million in 2026.
- Per Business Quant data, the three most recent Change in Receivables figures were -$24.0 million in Q2 2026, $87.0 million in Q1 2026, and $36.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 108.80 Bn | 98.63 Bn | 6.13 Bn | 422.98 Mn |
| 2 | UL Solutions | 14.40 Bn | 13.97 Bn | 417.00 Mn | -24.00 Mn |
| 3 | Gartner | 11.34 Bn | 9.85 Bn | 1.19 Bn | -204.17 Mn |
| 4 | Tetra Tech | 9.21 Bn | 8.98 Bn | 243.21 Mn | - |
| 5 | Booz Allen Hamilton Holding | 9.08 Bn | 8.54 Bn | 1.46 Bn | 36.00 Mn |
| 6 | Genpact | 5.81 Bn | 5.29 Bn | 490.34 Mn | 146.32 Mn |
| 7 | Fti Consulting | 4.32 Bn | 4.16 Bn | 316.27 Mn | 18.29 Mn |
| 8 | Korn Ferry | 4.01 Bn | 2.88 Bn | 685.99 Mn | -51.18 Mn |
| 9 | Grand Canyon Education | 3.95 Bn | 3.68 Bn | 204.08 Mn | -79.01 Mn |
| 10 | Exponent | 3.28 Bn | 3.22 Bn | 158.75 Mn | 22.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -24.00 Mn |
| Mar 31, 2026 | 87.00 Mn |
| Dec 31, 2025 | 36.00 Mn |
| Sep 30, 2025 | -30.00 Mn |
| Jun 30, 2025 | -55.00 Mn |
| Mar 31, 2025 | 81.00 Mn |
| Dec 31, 2024 | 35.00 Mn |
| Sep 30, 2024 | -37.00 Mn |
| Jun 30, 2024 | -45.00 Mn |
| Mar 31, 2024 | 78.00 Mn |
| Dec 31, 2023 | 31.00 Mn |
| Sep 30, 2023 | -24.00 Mn |
| Jun 30, 2023 | -47.00 Mn |
| Mar 31, 2023 | 34.00 Mn |