UL Solutions Inc. (ULS) Revenue by Segment

UL Solutions revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), UL Solutions's largest business segment was Industrial, with $402.00 million or 49% of revenue, up 7.8% from a year earlier. Next: Consumer (44%) and Risk & Compliance Software (6%).

By product or service, Ongoing Certification Services brought in 33%, Non-certification Testing and Other Services brought in 30% and Certification Testing brought in 29% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Industrial (+7.8%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q1 fiscal 2023.

UL Solutions Inc.

ULSCommercial Services

United States

Commercial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

IndustrialConsumerSoftware and AdvisoryRisk & Compliance Software

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Industrial	USD 402.00M	49.3%	+7.8%
Consumer	USD 362.00M	44.4%	+6.5%
Risk & Compliance Software	USD 52.00M	6.4%	-17.5%

Sum of items USD 816.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23
Industrial	402.0M	375.0M	352.0M	343.0M	373.0M	340.0M	328.0M	317.0M	314.0M	295.0M	294.0M	290.0M	292.0M	270.0M
Consumer	362.0M	318.0M	335.0M	340.0M	340.0M	304.0M	309.0M	321.0M	322.0M	286.0M	293.0M	295.0M	309.0M	275.0M
Software and Advisory	–	–	102.0M	100.0M	–	–	102.0M	93.0M	94.0M	89.0M	97.0M	91.0M	88.0M	84.0M
Risk & Compliance Software	52.0M	65.0M	–	–	63.0M	61.0M	–	–	–	–	–	–	–	–

UL Solutions revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Industrial	$402.0M	$375.0M	$343.0M	$373.0M	49%
Consumer	$362.0M	$318.0M	$340.0M	$340.0M	44%
Risk & Compliance Software	$52.0M	$65.0M	–	$63.0M	6%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

UL Solutions revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Ongoing Certification Services	$270.0M	$265.0M	$252.0M	$250.0M	33%
Non-certification Testing and Other Services	$248.0M	$209.0M	$235.0M	$241.0M	30%
Certification Testing	$237.0M	$211.0M	$224.0M	$215.0M	29%
Software	$61.0M	$73.0M	$72.0M	$70.0M	7%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are UL Solutions's business segments?

Industrial, Consumer and Risk & Compliance Software (as reported for Q2 fiscal 2026).

Which business segment makes the most money for UL Solutions?

Industrial: $402.00 million, or 49% of revenue, in Q2 fiscal 2026.

What are UL Solutions's main products and services?

By revenue in Q2 fiscal 2026: Ongoing Certification Services (33%), Non-certification Testing and Other Services (30%), Certification Testing (29%) and Software (7%).

MoreUL Solutions stock overview UL Solutions financials UL Solutions executive team UL Solutions shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.