UL Solutions Inc
NYSE:ULS
Income Statement
Earnings Waterfall
UL Solutions Inc
Income Statement
UL Solutions Inc
| Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| Interest Expense |
47
|
54
|
55
|
52
|
49
|
45
|
0
|
|
| Revenue |
2 760
N/A
|
2 815
+2%
|
2 870
+2%
|
2 905
+1%
|
2 951
+2%
|
3 003
+2%
|
3 053
+2%
|
|
| Gross Profit | ||||||||
| Cost of Revenue |
(1 426)
|
(1 455)
|
(1 477)
|
(1 490)
|
(1 519)
|
(1 535)
|
(1 543)
|
|
| Gross Profit |
1 334
N/A
|
1 360
+2%
|
1 393
+2%
|
1 415
+2%
|
1 432
+1%
|
1 468
+3%
|
1 510
+3%
|
|
| Operating Income | ||||||||
| Operating Expenses |
(941)
|
(927)
|
(931)
|
(935)
|
(939)
|
(949)
|
(953)
|
|
| Selling, General & Administrative |
(904)
|
(927)
|
(918)
|
(935)
|
(939)
|
(949)
|
(940)
|
|
| Depreciation & Amortization |
0
|
0
|
(13)
|
0
|
0
|
0
|
(13)
|
|
| Other Operating Expenses |
(37)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
393
N/A
|
433
+10%
|
462
+7%
|
480
+4%
|
493
+3%
|
519
+5%
|
557
+7%
|
|
| Pre-Tax Income | ||||||||
| Interest Income Expense |
(21)
|
(23)
|
(38)
|
(36)
|
(56)
|
(54)
|
(47)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
(35)
|
|
| Total Other Income |
(11)
|
(8)
|
(9)
|
(8)
|
(10)
|
(8)
|
(5)
|
|
| Pre-Tax Income |
361
N/A
|
402
+11%
|
415
+3%
|
436
+5%
|
427
-2%
|
457
+7%
|
470
+3%
|
|
| Net Income | ||||||||
| Tax Provision |
(76)
|
(80)
|
(70)
|
(80)
|
(80)
|
(98)
|
(125)
|
|
| Income from Continuing Operations |
285
|
322
|
345
|
356
|
347
|
359
|
345
|
|
| Income to Minority Interest |
(17)
|
(19)
|
(19)
|
(19)
|
(20)
|
(20)
|
(20)
|
|
| Net Income (Common) |
268
N/A
|
303
+13%
|
326
+8%
|
337
+3%
|
327
-3%
|
339
+4%
|
325
-4%
|
|
| EPS (Diluted) |
1.34
N/A
|
1.51
+13%
|
1.62
+7%
|
1.67
+3%
|
1.62
-3%
|
1.67
+3%
|
1.6
-4%
|
|