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10-K

Annual Report

UL Solutions Inc. ULS

0001901440-26-000005

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Filed
Feb 19, 2026 12:00 AM ET
Period of report
Restated figures. One or more values in this filing restate previously reported amounts.

On SEC.gov

Financials in this filing

Metric Period Value
Shares Diluted FY 2025 · Dec 31, 2025 203M sh
Shares Diluted FY 2025 · Dec 31, 2024 201M sh
Shares Diluted FY 2025 · Dec 31, 2023 200M sh
Shares Outstanding FY 2025 · Dec 31, 2025 201.03M sh
Shares Outstanding FY 2025 · Dec 31, 2024 200.17M sh
Shares Outstanding FY 2025 · Dec 31, 2023 200M sh
Dividends Paid FY 2025 · Dec 31, 2025 $104M
Dividends Paid FY 2025 · Dec 31, 2024 $100M
Dividends Paid FY 2025 · Dec 31, 2023 $680M
Capex FY 2025 · Dec 31, 2025 $197M
Capex FY 2025 · Dec 31, 2024 $237M
Capex FY 2025 · Dec 31, 2023 $215M
Operating Cash Flow FY 2025 · Dec 31, 2025 $600M
Operating Cash Flow FY 2025 · Dec 31, 2024 $524M
Operating Cash Flow FY 2025 · Dec 31, 2023 $467M
Long Term Debt FY 2025 · Dec 31, 2025 $491M
Long Term Debt FY 2025 · Dec 31, 2024 $692M
Short Term Debt FY 2025 · Dec 31, 2025 $0
Short Term Debt FY 2025 · Dec 31, 2024 $50M
Cash And Equivalents FY 2025 · Dec 31, 2025 $295M
Cash And Equivalents FY 2025 · Dec 31, 2024 $298M
Stockholders Equity FY 2025 · Dec 31, 2025 $1.26B
Stockholders Equity FY 2025 · Dec 31, 2024 $904M
Current Liabilities FY 2025 · Dec 31, 2025 $760M
Current Liabilities FY 2025 · Dec 31, 2024 $740M
Total Liabilities FY 2025 · Dec 31, 2025 $1.63B
Total Liabilities FY 2025 · Dec 31, 2024 $1.87B
Current Assets FY 2025 · Dec 31, 2025 $1B
Current Assets FY 2025 · Dec 31, 2024 $921M
Total Assets FY 2025 · Dec 31, 2025 $2.92B
Total Assets FY 2025 · Dec 31, 2024 $2.8B
Eps Diluted FY 2025 · Dec 31, 2025 $1.60
Eps Diluted FY 2025 · Dec 31, 2024 $1.62
Eps Diluted FY 2025 · Dec 31, 2023 $1.30
Eps Basic FY 2025 · Dec 31, 2025 $1.62
Eps Basic FY 2025 · Dec 31, 2024 $1.63
Eps Basic FY 2025 · Dec 31, 2023 $1.30
Sga Expense FY 2025 · Dec 31, 2025 $953M
Sga Expense FY 2025 · Dec 31, 2024 $931M
Sga Expense FY 2025 · Dec 31, 2023 $875M
Net Income FY 2025 · Dec 31, 2025 $325M
Net Income FY 2025 · Dec 31, 2024 $326M
Net Income FY 2025 · Dec 31, 2023 $260M
Operating Income FY 2025 · Dec 31, 2025 $522M
Operating Income FY 2025 · Dec 31, 2024 $462M
Operating Income FY 2025 · Dec 31, 2023 $368M
Cost Of Revenue FY 2025 · Dec 31, 2025 $1.54B
Cost Of Revenue restated FY 2025 · Dec 31, 2024 $1.48B
Cost Of Revenue restated FY 2025 · Dec 31, 2023 $1.39B
Revenue FY 2025 · Dec 31, 2025 $3.05B
Revenue FY 2025 · Dec 31, 2024 $2.87B
Revenue FY 2025 · Dec 31, 2023 $2.68B