Filing Flows › UL Solutions (ULS) › Operating margin
UL Solutions (ULS) operating margin by quarter
UL Solutions' operating margin was 19.7% in Q3 2026 (third quarter 2026), +1.3 pts from Q2 2026. Over the last 7 quarters it ranged from 15.0% (Q4 2025) to 19.9% (Q3 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 19.7% | +1.3 pts | -0.2 pts |
| Q2 2026 | 18.4% | +0.2 pts | +0.5 pts |
| Q1 2026 | 18.2% | +3.3 pts | +2.7 pts |
| Q4 2025 | 15.0% | -5.0 pts | — |
| Q3 2025 | 19.9% | +2.0 pts | — |
| Q2 2025 | 17.9% | +2.5 pts | — |
| Q1 2025 | 15.5% | — | — |
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' operating margin?
UL Solutions' operating margin was 19.7% in Q3 2026 (third quarter 2026), +1.3 pts from Q2 2026.
How has UL Solutions' operating margin changed?
Over the last 7 quarters it ranged from 15.0% (Q4 2025) to 19.9% (Q3 2025).