UL Solutions Inc. Class A (ULS)
NYSE:ULS
Want to see ULS full AI Analyst Report?
Earnings Data
Report Date
Aug 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.56Last Year’s EPS
0.52Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was predominantly positive: the company reported strong top‑line growth (+7.5% consolidated; organic +5.7%), sizable margin expansion (+320 bps adjusted EBITDA margin) and robust cash generation (T12M cash from operations $665M, FCF $450M). Management raised full‑year margin guidance to ~27.0% and highlighted strategic progress (E&E acquisition, divestitures, and leadership in AI/robotics certification). Offsetting items include portfolio exits that reduce near‑term revenue in certain areas (consumer and EHS), FX translation impacts on margins, and execution/regulatory risk around M&A and divestitures. Overall, the positive operational and financial momentum and upgraded guidance outweigh the transitional and execution risks discussed on the call.Company Guidance
Strong Consolidated Financial Performance
Q1 consolidated revenue $758M, up 7.5% YoY (organic +5.7%). Adjusted EBITDA $197M, up 22.4% YoY; adjusted EBITDA margin 26.0%, up 320 bps YoY. Adjusted net income +33.8% YoY; adjusted diluted EPS increased materially (company reported ~31.5% in CEO remarks and 35.1% in CFO remarks).
Industrial Segment Outperformance
Industrial revenue $375M, up 10.3% YoY (organic +8.2%). Industrial adjusted EBITDA $123M, up 20.6% YoY; margin 32.8%, up 280 bps. Growth led by certification services, testing, with strength in energy, automation and materials.
Consumer Segment Margin Expansion Despite Tough Compare
Consumer revenue $318M, up 4.6% YoY (organic +3.0%). Consumer adjusted EBITDA $55M, up 25.0% YoY; margin 17.3%, up 280 bps. Management notes Q1 2025 was an elevated demand comparator and exits of lower-profit, nonstrategic lines reduced consumer organic growth by ~1% but improved profitability.
Risk & Compliance Software Momentum
Risk & Compliance Software revenue $65M, up 6.6% YoY (organic +4.9%). Adjusted EBITDA $19M, up 26.7% YoY; margin expanded 460 bps to 29.2%, driven by operating leverage and higher employee productivity. Management expects the segment to look different post-EHS divestiture.
Robust Cash Generation and Strong Balance Sheet
Trailing 12 months cash from operations $665M; free cash flow $450M. Moody's upgraded rating to Baa2, providing access to capital. Company expects to fund the Eurofins E&E acquisition via portfolio management, cash on hand and credit capacity.
Strategic M&A and Portfolio Actions
Announced acquisition of Eurofins Electrical & Electronics (E&E) business (stand‑alone expected ~ $200M revenue for full‑year 2026), expected to close Q4 2026 and be accretive to adjusted diluted EPS in the first full year after close (excl. intangible amortization and integration costs). Divestiture of EHS software completed April 1; definitive agreement to sell DQS shares for ~EUR 105M expected in H2 2026.
Leadership on New Standards and Product Certifications
Granted first global safety certification for a public‑operating robot (Simbe's Tally) under UL 3300 and issued the world's first certifications under UL 3115 for AI-enabled products (awarded to Qcells and Omniconn), reinforcing position as a leader in robotics and AI product certification.
Raised Full‑Year Margin Outlook and Improved Restructuring Outlook
Company raised 2026 adjusted EBITDA margin expectation to ~27.0% (from prior guidance ~26.5%), continues to expect consolidated organic revenue growth in the mid‑single‑digit range. Remaining restructuring expenses now expected to be ~$3M (down from prior $5M–$10M guidance). CapEx guidance remains ~7%–8% of revenue; tax rate ~26%.
ULS Earnings History
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 |
|---|---|---|---|
May 05, 2026 | $90.10 | $104.74 | +16.25% |
Feb 19, 2026 | $71.13 | $82.50 | +15.99% |
Nov 04, 2025 | $78.36 | $86.68 | +10.62% |
Aug 05, 2025 | $72.66 | $64.29 | -11.51% |
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 Aug 05, 2026, Before Open (Confirmed).
What is UL Solutions Inc. Class A (ULS) earnings time?
UL Solutions Inc. Class A (ULS) earnings time is at Aug 05, 2026, 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 2026 (Q2) is 0.56.