UL Solutions (ULS) Operating Expenses (2023 - 2026)

UL Solutions has disclosed Operating Expenses across 4 years of filings, most recently posting $243.0 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $243.0 million, up 5.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $964.0 million (up 3.21% YoY), and the FY2025 annual result was $988.0 million, up 6.24% from the prior year.
• Operating Expenses came in at $243.0 million for Q1 2026 at UL Solutions, up from $239.0 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $244.0 million in Q2 2025 to a low of $206.0 million in Q3 2023.
• The 4-year median for Operating Expenses is $231.0 million (2023), against an average of $230.9 million.
• Across the five-year window, Operating Expenses increased 10.68% in 2024 and grew 1.32% in 2025, its largest moves.
• UL Solutions' Operating Expenses stood at $231.0 million in 2023, then increased by 1.73% to $235.0 million in 2024, then climbed by 1.7% to $239.0 million in 2025, then climbed by 1.67% to $243.0 million in 2026.
• The last three Operating Expenses figures came in at $243.0 million (Q1 2026), $239.0 million (Q4 2025), and $238.0 million (Q3 2025), per Business Quant data.