UL Solutions (ULS) Gross Margin (2023 - 2026)

UL Solutions has disclosed Gross Margin across 4 years of filings, most recently posting 50.26% for Q1 2026.

• Gross Margin for Q1 2026 came in at 50.26%, up 204.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 49.9% (up 126.0% YoY), and the FY2025 annual result was 49.46%, up 96.0% from the prior year.
• Gross Margin came in at 50.26% for Q1 2026 at UL Solutions, up from 49.68% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 50.32% in Q3 2025 to a low of 46.74% in Q1 2023.
• The 4-year median for Gross Margin is 48.97% (2024), against an average of 48.73%.
• Peak annual rise in Gross Margin reached 246 bps in 2025, while the deepest fall reached 78 bps in 2025.
• UL Solutions' Gross Margin stood at 46.93% in 2023, then grew by 1 bps to 47.23% in 2024, then climbed by 5 bps to 49.68% in 2025, then grew by 1 bps to 50.26% in 2026.
• The last three Gross Margin figures came in at 50.26% (Q1 2026), 49.68% (Q4 2025), and 50.32% (Q3 2025), per Business Quant data.