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UL Solutions (ULS) free cash flow by quarter

UL Solutions' free cash flow was $154M in Q3 2026 (third quarter 2026), +69% from Q2 2026. Over the last 7 quarters it ranged from $86.0M (Q4 2025) to $154M (Q3 2026).

UL Solutions free cash flow by quarterUL Solutions free cash flow by quarter$103MQ1 2025$105MQ2 2025$109MQ3 2025$86.0MQ4 2025$150MQ1 2026$91.0MQ2 2026$154MQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$154M+69%+41%
Q2 2026$91.0M-39%-13%
Q1 2026$150M+74%+46%
Q4 2025$86.0M-21%—
Q3 2025$109M+4%—
Q2 2025$105M+2%—
Q1 2025$103M——

Q3 2026 at a glance

UL Solutions, Q3 2026: revenue $823M (+5% year over year), operating margin 19.7%, net earnings $108M, operating cash flow $215M. The chart follows the revenue to costs, profit and cash.

Questions

What is UL Solutions' free cash flow?

UL Solutions' free cash flow was $154M in Q3 2026 (third quarter 2026), +69% from Q2 2026.

How has UL Solutions' free cash flow changed?

Over the last 7 quarters it ranged from $86.0M (Q4 2025) to $154M (Q3 2026).

Q3 2026 results → · How UL Solutions makes money →