UL Solutions (ULS) Cost of Revenue (2023 - 2026)

UL Solutions has disclosed Cost of Revenue across 4 years of filings, most recently posting $399.0 million for Q2 2026.

• In Q2 2026, Cost of Revenue rose 1.27% year-over-year to $399.0 million; the TTM figure through Jun 2026 stood at $1.6 billion (up 2.63% YoY), while the FY2025 annual figure was $1.5 billion, up 4.4% from the prior year.
• Cost of Revenue came in at $399.0 million for Q2 2026 at UL Solutions, up from $377.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $399.0 million in Q2 2026 to a low of $335.0 million in Q1 2023.
• Average Cost of Revenue over 4 years is $370.9 million, with a median of $369.0 million recorded in 2024.
• Year-over-year, Cost of Revenue increased 8.43% in 2024 and gained 1.27% in 2026.
• Over 4 years, Cost of Revenue stood at $363.0 million in 2023, then grew by 7.44% to $390.0 million in 2024, then climbed by 1.79% to $397.0 million in 2025, then climbed by 0.5% to $399.0 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $399.0 million in Q2 2026, $377.0 million in Q1 2026, and $397.0 million in Q4 2025.