Earnings Releases·Nov 3, 2026, 8:09 AM ET

UL Solutions Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached $823 million (up 5.1% YoY, 7.0% organic), while net income rose 10.4% to $117 million and Adjusted EBITDA increased 8.3% to $235 million, driving margin expansions across all key metrics.
Full-year 2026 organic revenue growth guidance was strengthened to approximately 6.5%, with the Adjusted EBITDA margin outlook reaffirmed at 27.0% despite transaction costs.
The company completed its largest-ever acquisition of Eurofins Scientific's E&E business for $686 million, while simultaneously divesting non-core assets including the Employee Health and Safety software unit ($201 million) and a DQS Holding stake ($117 million).
Free cash flow for the first nine months of 2026 grew 24.6% to $395 million, and the company returned $29 million to shareholders via dividends while maintaining a cash position of $1,016 million.