The earnings call reflected a strong performance with record revenue and growth in industrial and data center services, supported by successful capacity expansions. However, challenges in consumer segment growth and advisory services were noted. The outlook remains positive despite some macroeconomic uncertainties.

Company Guidance

During UL Solutions' second quarter 2025 earnings call, the company reaffirmed its full-year outlook, highlighting a record quarterly consolidated revenue of $776 million, reflecting a 6.3% increase from the previous year and 5.5% growth on an organic basis. The Industrial segment led with a 7% organic growth, while Consumer and Software & Advisory segments grew by 4.7% and 3.2%, respectively. Adjusted EBITDA rose by 13.9% to $197 million, with the margin expanding by 170 basis points to 25.4%, the highest since going public. Free cash flow for the first half of 2025 was $208 million, and the company maintained a robust balance sheet with $272 million in cash and cash equivalents. Capital expenditures were $93 million for the first half, and the company expects them to remain at 7-8% of revenue for the full year. The adjusted net income for the quarter was $110 million, and the adjusted diluted earnings per share increased to $0.52 from $0.44. The company emphasized its strategic investments in new testing facilities and its commitment to capitalizing on mega trends like electrification and digitalization.

Record-Breaking Quarterly Revenue

UL Solutions reported record consolidated revenues of $776 million for Q2 2025, up 6.3% year-over-year and 5.5% on an organic basis.

Strong Performance in Industrial Segment

The Industrial segment led the growth with a 7% increase in organic revenue, driven by ongoing certification services and certification testing, particularly in energy and automation.

Adjusted EBITDA Growth

Adjusted EBITDA grew 13.9% year-over-year, with a margin increase of 170 basis points to 25.4%.

Successful Capacity Expansions

Notable expansions included the European advanced battery testing laboratory in Aachen, Germany, and the HVAC testing facility in Carugate, Italy.

Free Cash Flow Increase

The company generated $208 million in free cash flow in the first half of 2025, a 58.8% increase compared to the same period last year.

Investment in Data Center Services

Launched new testing and certification services for immersion cooling fluids used in data centers, addressing safety and efficiency needs.

UL Solutions Inc. Class A (ULS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ULS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.47 / -	0.49	―	―	―
Aug 05, 2025	2025 (Q2)	0.47 / 0.52	0.44	18.18% (+0.08)
May 06, 2025	2025 (Q1)	0.32 / 0.37	0.28	32.14% (+0.09)
Feb 20, 2025	2024 (Q4)	0.38 / 0.49	0.31	58.06% (+0.18)
Nov 05, 2024	2024 (Q3)	0.39 / 0.49	0.265	84.91% (+0.22)
Jul 31, 2024	2024 (Q2)	0.40 / 0.44	0.47	-6.38% (-0.03)
May 20, 2024	2024 (Q1)	0.28 / 0.28	0.275	1.82% (<+0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ULS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$73.04	$64.63	-11.51%
May 06, 2025	$59.85	$67.21	+12.30%
Feb 20, 2025	$55.34	$53.78	-2.82%
Nov 05, 2024	$51.62	$51.20	-0.81%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does UL Solutions Inc. Class A (ULS) report earnings?

UL Solutions Inc. Class A (ULS) is schdueled to report earning on Nov 11, 2025, Before Open (Confirmed).

What is UL Solutions Inc. Class A (ULS) earnings time?

UL Solutions Inc. Class A (ULS) earnings time is at Nov 11, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ULS EPS forecast?

ULS EPS forecast for the fiscal quarter 2025 (Q3) is 0.47.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing