UL Solutions Q2 FY26 net income more than doubled to $254 million; revenue rises 5.2% to $816 million
ULS•Management comments
CEO Jennifer Scanlon said results were driven by record revenue, cash flow and margin expansion, while CFO Ryan Robinson cited productivity and cost improvements.
Q2 revenue and profit jump
UL Solutions posted Q2 revenue of $816 million, up 5.2% year over year, including 6.6% organic growth.
Net income more than doubled to $254 million; diluted EPS rose to $1.21.
Net income margin widened to 31.1%, up 18.6 percentage points, due to a gain on sale of its Employee Health and Safety software business.
Adjusted EBITDA and margin improve
Adjusted EBITDA (non-GAAP) increased 11.2% to $219 million; adjusted EBITDA margin expanded 1.4 percentage points to 26.8%.
