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UL Solutions (ULS) Operating Expenses (2023 - 2025)

UL Solutions (ULS) has disclosed Operating Expenses for 3 consecutive years, with $239.0 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 1.7% to $239.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $953.0 million through Dec 2025, up 2.36% year-over-year, with the annual reading at $988.0 million for FY2025, 6.24% up from the prior year.
  • Operating Expenses hit $239.0 million in Q4 2025 for UL Solutions, roughly flat from $238.0 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.
  • Historically, Operating Expenses has averaged $230.0 million across 3 years, with a median of $231.5 million in 2023.
  • Biggest five-year swings in Operating Expenses: grew 10.68% in 2024 and later rose 1.67% in 2025.
  • Year by year, Operating Expenses stood at $231.0 million in 2023, then grew by 1.73% to $235.0 million in 2024, then increased by 1.7% to $239.0 million in 2025.
  • Business Quant data shows Operating Expenses for ULS at $239.0 million in Q4 2025, $238.0 million in Q3 2025, and $244.0 million in Q2 2025.